1720, 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.
Property timeline for 1720, Majestine Allure
What is 1720 worth today?
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Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 894 sqft
- Floor
- 17th of 19
- Parking
- P3-103
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.73M · August 2015
- Building
- Majestine Allure
About 1720, Majestine Allure
1720 is a one-bedroom hotel apartment of 894 sqft on the 17th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 19 August 2015 for AED 1,730,900, or AED 1,935 per sqft, in line with the AED 1,929 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 11 March 2024, is AED 95,000 a year: a gross yield of 5.5% on the 2015 price.
Sales and rents for 1720 over time
1720 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Majestine Allure, and where 1720 sits
All 147 1-beds →1720 last sold in August 2015 at AED 1,935 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,929). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 1720's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 1,006 sqft | 1,250,000 | 1,243 | ||
| 20 Jul 202620 July 2026 | 956 sqft | 1,282,931 | 1,342 | ||
| 23 Apr 202623 April 2026 | 1,034 sqft | 1,433,816 | 1,387 | ||
| 6 Apr 20266 April 2026 | 944 sqft | 1,305,000 | 1,381 |
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 17th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 499 sqft | AED 1.1MAED 1,102,950 · Aug 2015August 2015 | 53,000 /yr | |
| 1702 | Studio | 474 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 55,000 /yr | |
| 1703 | Studio | 459 sqft | AED 862KAED 862,400 · Jan 2023January 2023 | ||
| 1704 | Studio | 572 sqft | AED 1.1MAED 1,102,500 · Nov 2018November 2018 | 60,000 /yr | |
| 1705 | Studio | 489 sqft | AED 690KAED 690,000 · Apr 2023April 2023 | 73,000 /yr | |
| 1706 | Studio | 472 sqft | AED 1.03MAED 1,034,000 · Jul 2017July 2017 | 69,000 /yr | |
| 1707 | 1-bed | 978 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 70,000 /yr | |
| 1708 | 1-bed | 890 sqft | AED 1.33MAED 1,330,000 · Nov 2025November 2025 | ||
| 1709 | Studio | 607 sqft | AED 1.16MAED 1,156,000 · Mar 2019March 2019 | 72,000 /yr | |
| 1710 | 2-bed | 1,242 sqft | AED 2.17MAED 2,172,000 · Mar 2018March 2018 | ||
| 1711 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Jun 2015June 2015 | 55,000 /yr | |
| 1712 | Studio | 475 sqft | AED 930KAED 930,000 · Jan 2026January 2026 | ||
| 1713 | Studio | 447 sqft | AED 770KAED 770,000 · Aug 2025August 2025 | 52,941 /yr | |
| 1714 | 2-bed | 1,068 sqft | AED 2MAED 2,001,000 · Mar 2024March 2024 | 100,000 /yr | |
| 1715 | 3-bed | 1,420 sqft | AED 2.34MAED 2,338,380 · Nov 2018November 2018 | 160,000 /yr | |
| 1716 | Studio | 430 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1717 | Studio | 481 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 55,000 /yr | |
| 1718 | Studio | 480 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 50,000 /yr | |
| 1719 | Studio | 479 sqft | AED 1MAED 1,004,000 · Aug 2015August 2015 | 37,000 /yr | |
| 1701A | Studio | 497 sqft | AED 750KAED 750,000 · Feb 2023February 2023 | 50,000 /yr | |
| 1702A | 1-bed | 853 sqft | AED 1.18MAED 1,180,000 · Jul 2025July 2025 | 82,000 /yr | |
| 1703A | Studio | 453 sqft | AED 1MAED 1,001,300 · Oct 2015October 2015 | 45,000 /yr | |
| 1703B | 1-bed | 820 sqft | AED 1.55MAED 1,550,000 · Oct 2015October 2015 | 95,000 /yr | |
| 1704A | 1-bed | 1,034 sqft | AED 1.88MAED 1,880,050 · Jul 2023July 2023 | 102,000 /yr | |
| 1705A | 1-bed | 1,000 sqft | AED 1.75MAED 1,745,370 · Oct 2018October 2018 | 100,000 /yr | |
| 1706A | 1-bed | 886 sqft | AED 1.56MAED 1,557,000 · Nov 2019November 2019 | ||
| 1711A | Studio | 461 sqft | AED 1.03MAED 1,025,145 · Jul 2016July 2016 | ||
| 1712A | Studio | 457 sqft | AED 1.03MAED 1,033,600 · Jul 2016July 2016 | 55,000 /yr | |
| 1713A | 1-bed | 894 sqft | AED 1.72MAED 1,719,500 · Jan 2016January 2016 | 89,300 /yr | |
| 1713B | Studio | 456 sqft | AED 1.01MAED 1,008,900 · Sep 2015September 2015 | 60,000 /yr | |
| 1716A | Studio | 479 sqft | AED 1.01MAED 1,014,600 · Sep 2015September 2015 | 55,000 /yr | |
| 1717A | Studio | 478 sqft | AED 1.01MAED 1,010,800 · Aug 2015August 2015 | 65,000 /yr | |
| 1718A | Studio | 479 sqft | AED 730KAED 730,000 · Jan 2023January 2023 | 55,000 /yr | |
| 1719A | Studio | 467 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 68,000 /yr |
1720, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 19 August 2015 for AED 1,730,900, or AED 1,935 per sqft.
- Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 95,000 by March 2024.
- At AED 95,000 a year the gross yield on the 2015 price is 5.5%.
- One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 11 March 2024.
Questions about 1720, Majestine Allure
What did unit 1720 last sell for?
AED 1,730,900 on 19 August 2015, sold by the developer: AED 1,935 per sqft for 894 sqft. It is the only registered sale of the unit.
What is the rent for unit 1720?
AED 95,000 a year on the contract signed on 11 March 2024. The previous contract, from January 2023, was AED 66,990; the unit has been rented since April 2019.
How big is unit 1720?
894 sqft (83.1 sqm): a one-bedroom hotel apartment on the 17th floor of a 19-storey tower completed in 2018.
What is unit 1720 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.
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Mortgage on 1720, Majestine Allure
Starts from the last sale price (AED 1.73M, 19 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,900
- Deposit, UAE resident (20%)
- AED 346,180
- Deposit, non-resident (40%)
- AED 692,360
- Monthly over 25 years at 3.7%
- AED 7,082
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →