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2-bed · 1,068 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1614, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 27 August 2025
Last soldAED 2.16M17 August 2015
Current rentAED 127K /yr27 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1614, Majestine Allure

What is 1614 worth today?

Last sold for AED 2,160,300 in 2015

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27 Aug 2025RentedNew contract
AED 127,000/yr12 months · AED 119 per sqft
29 Dec 2023RentedNew contract
AED 130,000/yr12 months · AED 122 per sqft
1 Dec 2023RentedNew contract
AED 130,000/yr12 months · AED 122 per sqft
7 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
8 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
18 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft
10 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 80 per sqft
17 Aug 2015Sold by developerOff-plan
AED 2,160,300AED 2,022 per sqft

Source: Dubai Land Department. Updated 27 August 2025.

Key facts

Type
2-bed hotel apartment
Size
1,068 sqft
Floor
16th of 19
Parking
P3-54
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.16M · August 2015
Building
Majestine Allure

About 1614, Majestine Allure

1614 is a two-bedroom hotel apartment of 1,068 sqft on the 16th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 17 August 2015 for AED 2,160,300, or AED 2,022 per sqft, in line with the AED 1,973 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 27 August 2025, is AED 127,000 a year: a gross yield of 5.9% on the 2015 price.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical two-bed in Majestine Allure
2M20142017202020232026Typical sale price by year: 2014 AED 2,455,275; 2015 AED 2,435,800; 2018 AED 1,922,550; 2021 AED 1,300,000; 2022 AED 1,613,740; 2023 AED 2,125,000; 2024 AED 1,805,500; 2025 AED 1,765,000Sold by developer, August 2015: AED 2,160,300 (AED 2,022 per sqft)

1614 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1614, each contractTypical two-bed in Majestine Allure
100K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 121,319; 2024 AED 130,000; 2025 AED 133,000; 2026 AED 122,500New contract, November 2019: AED 85,000 a yearNew contract, March 2021: AED 75,000 a yearNew contract, June 2021: AED 70,000 a yearNew contract, June 2022: AED 95,000 a yearNew contract, December 2023: AED 130,000 a yearNew contract, December 2023: AED 130,000 a yearNew contract, August 2025: AED 127,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Majestine Allure, and where 1614 sits

All 45 2-beds →

1614 last sold in August 2015 at AED 2,022 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,973). 1614's AED 127,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,981,400
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
0 2-bed sales in the last 12 months

Majestine Allure

Building

497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 30 sold in the last 12 months.

Typical price per sqft
AED 1,539 Down 7.3%
Typical sale
AED 894K
Typical rent
AED 70K /yr
Typical yield
7.3%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 497 units in Majestine Allure
Value
1601StudioAED 650K · Sep 2022
1602StudioAED 1.03M · Feb 2015
1603StudioAED 1M · Aug 2015
1604StudioAED 1.26M · Nov 2017
1605StudioAED 800K · Feb 2022
16062-bedAED 2.99M · Aug 2015
16071-bedAED 1.98M · Jan 2015
1–7 of 33

1614, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 17 August 2015 for AED 2,160,300, or AED 2,022 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 127,000 by August 2025.
  • At AED 127,000 a year the gross yield on the 2015 price is 5.9%.

Source: Dubai Land Department. Updated 27 August 2025.

Questions about 1614, Majestine Allure

What did unit 1614 last sell for?

AED 2,160,300 on 17 August 2015, sold by the developer: AED 2,022 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 1614?

AED 127,000 a year on the contract signed on 27 August 2025. The previous contract, from December 2023, was AED 130,000; the unit has been rented since November 2019.

How big is unit 1614?

1,068 sqft (99.2 sqm): a two-bedroom hotel apartment on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1614, Majestine Allure

Starts from the last sale price (AED 2.16M, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,300
Deposit, UAE resident (20%)
AED 432,060
Deposit, non-resident (40%)
AED 864,120
Monthly over 25 years at 3.7%
AED 8,838

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →