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1-bed · 928 sqftMajestine Allure, Business Bay · 18th floor · completed 2018

1812, Majestine Allure

Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1812 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.39M29 March 2023
Current rentAED 94K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1812, Majestine Allure

What is 1812 worth today?

Last sold for AED 1,394,640 in 2023

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1 Apr 2025RentedNew contract
AED 94,000/yr12 months · AED 102 per sqft
10 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
9 Oct 2023RentedNew contract
AED 94,000/yr12 months · AED 102 per sqft
29 Mar 2023SoldReady
AED 1,394,640AED 1,503 per sqft
21 Sep 2021Sold by developerReady
AED 1,341,000AED 1,445 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
18th of 19
Parking
P3-123
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.39M · March 2023
Building
Majestine Allure

About 1812, Majestine Allure

1812 is a one-bedroom apartment of 928 sqft on the 18th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 29 March 2023 for AED 1,394,640, or AED 1,503 per sqft, 18% below the AED 1,826 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 94,000 a year: a gross yield of 6.7% on the 2023 price.

Sales and rents for 1812 over time

Sales
Unit 1812, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, September 2021: AED 1,341,000 (AED 1,445 per sqft)Sold, March 2023: AED 1,394,640 (AED 1,503 per sqft)

1812 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1812, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, October 2023: AED 94,000 a yearNew contract, August 2024: AED 95,000 a yearNew contract, April 2025: AED 94,000 a year

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 1812 sits

All 147 1-beds →

1812 last sold in March 2023 at AED 1,503 per sqft, 18% below what one-beds in Majestine Allure were fetching at the time (AED 1,826). 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. 1812's AED 94,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-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 18th floor

All 497 units in Majestine Allure
Value
18011-bedAED 1.89M · Oct 2015
1802StudioAED 959K · Jul 2016
18031-bedAED 1.6M · Nov 2019
18043-bedAED 3.22M · Nov 2019
18051-bedAED 1.77M · Dec 2022
18061-bedAED 1.87M · Oct 2015
18071-bedAED 1.85M · Oct 2015
1–7 of 22

1812, Majestine Allure in numbers

  • Sold twice: first on 21 September 2021 for AED 1,341,000, last on 29 March 2023 for AED 1,394,640 (AED 1,503 per sqft).
  • Rented since October 2023 on 3 Ejari contracts, at AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2023 price is 6.7%.
  • 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 1 April 2025.

Questions about 1812, Majestine Allure

What did unit 1812 last sell for?

AED 1,394,640 on 29 March 2023: AED 1,503 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 1,341,000 in September 2021.

What is the rent for unit 1812?

AED 94,000 a year on the contract signed on 1 April 2025. The previous contract, from August 2024, was AED 95,000; the unit has been rented since October 2023.

How big is unit 1812?

928 sqft (86.2 sqm): a one-bedroom apartment on the 18th floor of a 19-storey tower completed in 2018.

What is unit 1812 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 1812, Majestine Allure

Starts from the last sale price (AED 1.39M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,394,640
Deposit, UAE resident (20%)
AED 278,928
Deposit, non-resident (40%)
AED 557,856
Monthly over 25 years at 3.7%
AED 5,706

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