1615, Majestine Allure
Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1615, Majestine Allure
What is 1615 worth today?
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Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,420 sqft
- Floor
- 16th of 19
- Parking
- P3-97
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 2.34M · July 2018
- Building
- Majestine Allure
About 1615, Majestine Allure
1615 is a three-bedroom apartment of 1,420 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 9 July 2018 for AED 2,337,390, or AED 1,645 per sqft.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 160,000 a year: a gross yield of 6.9% on the 2018 price.
Sales and rents for 1615 over time
1615 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Majestine Allure, and where 1615 sits
All 22 3-beds →Over the last 12 months three-beds sold for AED 1,850,000 to 2,400,000, around AED 1,496 per sqft, and rent for AED 110,000 to 200,000 a year. 1615's AED 160,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Apr 20266 April 2026 | 1,420 sqft | 1,850,000 | 1,302 | ||
| 18 Nov 202518 November 2025 | 1,420 sqft | 2,400,000 | 1,689 | ||
| 15 Aug 202515 August 2025 | 1,420 sqft | 2,060,000 | 1,450 | ||
| 15 Jan 202515 January 2025 | 1,420 sqft | 2,428,000 | 1,709 |
Majestine Allure
Building497 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%
Other units on the 16th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 499 sqft | AED 650KAED 650,000 · Sep 2022September 2022 | 66,000 /yr | |
| 1602 | Studio | 474 sqft | AED 1.03MAED 1,032,650 · Feb 2015February 2015 | 60,000 /yr | |
| 1603 | Studio | 459 sqft | AED 1MAED 1,000,000 · Aug 2015August 2015 | 70,350 /yr | |
| 1604 | Studio | 572 sqft | AED 1.26MAED 1,259,000 · Nov 2017November 2017 | 70,000 /yr | |
| 1605 | Studio | 489 sqft | AED 800KAED 800,000 · Feb 2022February 2022 | 62,000 /yr | |
| 1606 | 2-bed | 1,357 sqft | AED 2.99MAED 2,991,550 · Aug 2015August 2015 | 115,000 /yr | |
| 1607 | 1-bed | 978 sqft | AED 1.98MAED 1,978,850 · Jan 2015January 2015 | 90,000 /yr | |
| 1608 | 1-bed | 890 sqft | AED 1.55MAED 1,553,310 · Aug 2018August 2018 | 92,000 /yr | |
| 1609 | Studio | 612 sqft | AED 887KAED 887,316 · Apr 2026April 2026 | 70,000 /yr | |
| 1610 | 2-bed | 1,247 sqft | AED 2.46MAED 2,461,450 · Dec 2014December 2014 | 105,000 /yr | |
| 1611 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Oct 2015October 2015 | 50,000 /yr | |
| 1612 | Studio | 475 sqft | AED 1.05MAED 1,047,850 · Jan 2015January 2015 | 61,000 /yr | |
| 1613 | Studio | 447 sqft | AED 600KAED 600,000 · Nov 2019November 2019 | 63,000 /yr | |
| 1614 | 2-bed | 1,068 sqft | AED 2.16MAED 2,160,300 · Aug 2015August 2015 | 127,000 /yr | |
| 1616 | Studio | 430 sqft | AED 650KAED 650,000 · Feb 2023February 2023 | 65,000 /yr | |
| 1617 | Studio | 481 sqft | AED 1.02MAED 1,018,400 · Aug 2015August 2015 | ||
| 1618 | Studio | 480 sqft | AED 1.01MAED 1,012,700 · Jan 2015January 2015 | 60,000 /yr | |
| 1619 | Studio | 479 sqft | AED 835KAED 835,000 · Mar 2025March 2025 | 60,000 /yr | |
| 1620 | 1-bed | 897 sqft | AED 1.73MAED 1,730,900 · Jun 2015June 2015 | 85,000 /yr | |
| 1601A | Studio | 497 sqft | AED 735KAED 735,000 · Mar 2023March 2023 | 44,000 /yr | |
| 1602A | 1-bed | 853 sqft | AED 1.62MAED 1,621,650 · Dec 2014December 2014 | 95,000 /yr | |
| 1603A | Studio | 453 sqft | AED 849KAED 848,680 · Sep 2022September 2022 | ||
| 1603B | 1-bed | 820 sqft | AED 1.43MAED 1,426,880 · Oct 2018October 2018 | 100,000 /yr | |
| 1604A | 1-bed | 1,034 sqft | AED 1.84MAED 1,837,000 · Dec 2018December 2018 | 82,000 /yr | |
| 1605A | 1-bed | 1,003 sqft | AED 1.73MAED 1,732,640 · Jan 2019January 2019 | 70,000 /yr | |
| 1611A | Studio | 461 sqft | AED 1.06MAED 1,058,300 · Apr 2015April 2015 | 60,000 /yr | |
| 1612A | Studio | 457 sqft | AED 900KAED 900,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1613A | 1-bed | 894 sqft | AED 1.72MAED 1,719,000 · Aug 2016August 2016 | 80,000 /yr | |
| 1613B | Studio | 456 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 38,000 /yr | |
| 1616A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Sep 2015September 2015 | ||
| 1617A | Studio | 478 sqft | AED 1.01MAED 1,012,700 · Dec 2014December 2014 | 65,000 /yr | |
| 1618A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Jul 2015July 2015 | 50,000 /yr | |
| 1619A | Studio | 467 sqft | AED 630KAED 630,000 · Apr 2019April 2019 | 65,000 /yr |
1615, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 9 July 2018 for AED 2,337,390, or AED 1,645 per sqft.
- Rented since July 2019 on 8 Ejari contracts, from AED 115,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 6.9%.
- Three-beds in Majestine Allure sold for AED 1,850,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.
Source: Dubai Land Department. Updated 20 March 2026.
Questions about 1615, Majestine Allure
What did unit 1615 last sell for?
AED 2,337,390 on 9 July 2018, sold by the developer: AED 1,645 per sqft for 1,420 sqft. It is the only registered sale of the unit.
What is the rent for unit 1615?
AED 160,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 160,000; the unit has been rented since July 2019.
How big is unit 1615?
1,420 sqft (131.9 sqm): a three-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.
What is unit 1615 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Majestine Allure sold for AED 1,850,000 to 2,400,000 in the last 12 months, around AED 1,496 per sqft.
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Mortgage on 1615, Majestine Allure
Starts from the last sale price (AED 2.34M, 9 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,337,390
- Deposit, UAE resident (20%)
- AED 467,478
- Deposit, non-resident (40%)
- AED 934,956
- Monthly over 25 years at 3.7%
- AED 9,563
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →