1-bed · 956 sqftMajestine Allure, Business Bay · 18th floor · completed 2018

1817, Majestine Allure

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1817 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 1.81M9 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1817, Majestine Allure

What is 1817 worth today?

Last sold for AED 1,810,000 in 2023

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9 Mar 2023Sold by developerReady
AED 1,810,000AED 1,893 per sqft

Source: Dubai Land Department. Updated 9 March 2023.

Key facts

Type
1-bed apartment
Size
956 sqft
Floor
18th of 19
Parking
P3-128
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.81M · March 2023

About 1817, Majestine Allure

1817 is a one-bedroom apartment of 956 sqft on the 18th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 9 March 2023 for AED 1,810,000, or AED 1,893 per sqft, 4% above the AED 1,827 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1817 over time

Sales
Unit 1817, 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, March 2023: AED 1,810,000 (AED 1,893 per sqft)

1817 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1817, 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 90,000

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 1817 sits

All 147 1-beds →

1817 last sold in March 2023 at AED 1,893 per sqft, 4% above what one-beds in Majestine Allure were fetching at the time (AED 1,827). 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.

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

1817, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 March 2023 for AED 1,810,000, or AED 1,893 per sqft.
  • 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 9 March 2023.

Questions about 1817, Majestine Allure

What did unit 1817 last sell for?

AED 1,810,000 on 9 March 2023, sold by the developer: AED 1,893 per sqft for 956 sqft. It is the only registered sale of the unit.

How big is unit 1817?

956 sqft (88.8 sqm): a one-bedroom apartment on the 18th floor of a 19-storey tower completed in 2018.

What is unit 1817 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 1817, Majestine Allure

Starts from the last sale price (AED 1.81M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,810,000
Deposit, UAE resident (20%)
AED 362,000
Deposit, non-resident (40%)
AED 724,000
Monthly over 25 years at 3.7%
AED 7,405

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