Studio · 473 sqftMajestine Allure, Business Bay · 19th floor · completed 2018

1902, Majestine Allure

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 570K24 May 2021
Current rentAED 90K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Majestine Allure

What is 1902 worth today?

Last sold for AED 570,000 in 2021

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20 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 190 per sqft
20 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 190 per sqft
10 Oct 2022RentedNew contract
AED 40,000/yr12 months · AED 85 per sqft
8 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 85 per sqft
24 May 2021SoldReady
AED 570,000AED 1,205 per sqft
18 Oct 2020SoldReady
AED 500,000AED 1,057 per sqft
1 Oct 2020RentedRenewal
AED 43,000/yr12 months · AED 91 per sqft
1 Oct 2019RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
19th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 570K · May 2021

About 1902, Majestine Allure

1902 is a studio of 473 sqft on the 19th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 24 May 2021 for AED 570,000, or AED 1,205 per sqft, 7% above the AED 1,131 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 June 2025, is AED 90,000 a year: a gross yield of 15.8% on the 2021 price.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,051,475; 2018 AED 975,051; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 830,000; 2026 AED 825,000Sold by developer, November 2017: AED 972,000 (AED 2,084 per sqft)Sold, October 2020: AED 500,000 (AED 1,057 per sqft)Sold, May 2021: AED 570,000 (AED 1,205 per sqft)

1902 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1902, each contractTypical studio in Majestine Allure
50K75K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 57,000New contract, October 2019: AED 46,000 a yearRenewal, October 2020: AED 43,000 a yearNew contract, July 2022: AED 40,000 a yearNew contract, October 2022: AED 40,000 a yearNew contract, June 2025: AED 90,000 a yearNew contract, June 2025: AED 90,000 a year

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

Studios in Majestine Allure, and where 1902 sits

All 283 studios →

1902 last sold in May 2021 at AED 1,205 per sqft, 7% above what studios in Majestine Allure were fetching at the time (AED 1,131). Over the last 12 months studios sold for AED 695,000 to 1,000,000, around AED 1,718 per sqft, and rent for AED 40,000 to 96,000 a year. 1902's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
18 studio 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 19th floor

All 497 units in Majestine Allure
Value
19011-bedAED 1.65M · Oct 2024
19031-bedAED 1.34M · Jul 2019
19043-bedAED 2.91M · Oct 2018
19051-bedAED 1.45M · Nov 2019
19061-bedAED 950K · Dec 2021
19071-bedAED 1.25M · Feb 2025
19081-bedAED 1.43M · Aug 2018
1–7 of 22

1902, Majestine Allure in numbers

  • Sold 3 times: first on 1 November 2017 for AED 972,000, last on 24 May 2021 for AED 570,000 (AED 1,205 per sqft).
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 40,000 in 2022 and recovered to AED 90,000 by June 2025.
  • At AED 90,000 a year the gross yield on the 2021 price is 15.8%.
  • Studios in Majestine Allure sold for AED 695,000–1,000,000 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 June 2025.

Questions about 1902, Majestine Allure

What did unit 1902 last sell for?

AED 570,000 on 24 May 2021: AED 1,205 per sqft for 473 sqft. The unit has 3 registered sales; the first was AED 972,000 in November 2017.

What is the rent for unit 1902?

AED 90,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2025, was AED 90,000; the unit has been rented since October 2019.

How big is unit 1902?

473 sqft (43.9 sqm): a studio on the 19th floor of a 19-storey tower completed in 2018.

What is unit 1902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 695,000 to 1,000,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 1902, Majestine Allure

Starts from the last sale price (AED 570K, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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