1-bed · 819 sqftMajestine Allure, Business Bay · 19th floor · completed 2018

1903, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1903 · DLD and Ejari recordsUpdated 7 June 2024

Last soldAED 1.34M16 July 2019

Current rentAED 90K /yr7 June 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1903, Majestine Allure

Today

What is 1903 worth today?

Last sold for AED 1,341,060 in 2019

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7 Jun 2024

7 Jun 2024RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

12 Oct 2022

12 Oct 2022RentedNew contract

AED 85,000/yr12 months · AED 104 per sqft

18 Jun 2021

18 Jun 2021RentedNew contract

AED 60,000/yr12 months · AED 73 per sqft

16 Jul 2019

16 Jul 2019Sold by developerReady

AED 1,341,060AED 1,638 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 19th of 19
Parking: P3-134
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.34M · July 2019
Building: Majestine Allure

About 1903, Majestine Allure

1903 is a one-bedroom apartment of 819 sqft on the 19th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 16 July 2019 for AED 1,341,060, or AED 1,638 per sqft, 6% below the AED 1,745 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 June 2024, is AED 90,000 a year: a gross yield of 6.7% on the 2019 price.

Sales and rents for 1903 over time

Sales

Unit 1903, each saleTypical one-bed in Majestine Allure

1903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1903, each contractTypical one-bed in Majestine Allure

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 1903 sits

All 147 1-beds →

1-beds in Majestine Allure · last 12 months1,426 /sqft Majestine Allure · all types1,539 /sqft

1903 last sold in July 2019 at AED 1,638 per sqft, 6% below what one-beds in Majestine Allure were fetching at the time (AED 1,745). 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. 1903's AED 90,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 19th floor

All 497 units in Majestine Allure


1901	1-bed	969 sqft	AED 1.65MAED 1,650,000 · Oct 2024October 2024
1902	Studio	473 sqft	AED 570KAED 570,000 · May 2021May 2021	90,000 /yr
1904	3-bed	1,730 sqft	AED 2.91MAED 2,912,000 · Oct 2018October 2018
1905	1-bed	828 sqft	AED 1.45MAED 1,450,000 · Nov 2019November 2019	95,000 /yr
1906	1-bed	829 sqft	AED 950KAED 950,000 · Dec 2021December 2021	95,000 /yr
1907	1-bed	834 sqft	AED 1.25MAED 1,250,000 · Feb 2025February 2025	66,150 /yr
1908	1-bed	809 sqft	AED 1.43MAED 1,429,000 · Aug 2018August 2018	84,000 /yr
1909	Studio	740 sqft	AED 1.31MAED 1,314,000 · Nov 2019November 2019	55,000 /yr
1910	1-bed	790 sqft	AED 1.38MAED 1,381,000 · Jan 2018January 2018	100,000 /yr
1911	1-bed	779 sqft	AED 1.28MAED 1,280,000 · May 2024May 2024	85,000 /yr
1912	1-bed	786 sqft	AED 1.28MAED 1,275,000 · Jul 2025July 2025	91,000 /yr
1913	1-bed	863 sqft	AED 1.59MAED 1,587,317 · May 2018May 2018	80,000 /yr
1914	2-bed	1,069 sqft	AED 1.9MAED 1,900,000 · Jul 2018July 2018	100,000 /yr
1915	3-bed	1,420 sqft	AED 2.18MAED 2,175,800 · Oct 2018October 2018	175,450 /yr
1916	1-bed	905 sqft	AED 1.61MAED 1,607,000 · Feb 2019February 2019	70,000 /yr
1917	1-bed	956 sqft	AED 1.66MAED 1,663,060 · Dec 2018December 2018	90,000 /yr
1918	1-bed	953 sqft	AED 1.66MAED 1,659,140 · Jan 2019January 2019	75,000 /yr
1919	1-bed	944 sqft	AED 1.68MAED 1,677,000 · Mar 2019March 2019	80,000 /yr
1920	1-bed	893 sqft	AED 1.7MAED 1,696,000 · Jan 2025January 2025
1902A	1-bed	853 sqft	AED 1.2MAED 1,200,000 · Mar 2025March 2025	105,000 /yr
1903A	1-bed	823 sqft	AED 1.46MAED 1,464,000 · Mar 2019March 2019	78,000 /yr
1913A	1-bed	814 sqft	AED 1.51MAED 1,510,950 · Jun 2018June 2018	75,000 /yr

1–7 of 22

1903, Majestine Allure in numbers

Sold once: by Business Tower Investment on 16 July 2019 for AED 1,341,060, or AED 1,638 per sqft.
Rented since June 2021 on 3 Ejari contracts, from AED 60,000 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2019 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 7 June 2024.

Questions about 1903, Majestine Allure

What did unit 1903 last sell for?

AED 1,341,060 on 16 July 2019, sold by the developer: AED 1,638 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 90,000 a year on the contract signed on 7 June 2024. The previous contract, from October 2022, was AED 85,000; the unit has been rented since June 2021.

How big is unit 1903?

819 sqft (76.1 sqm): a one-bedroom apartment on the 19th floor of a 19-storey tower completed in 2018.

What is unit 1903 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 1903, Majestine Allure

Starts from the last sale price (AED 1.34M, 16 July 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,341,060
Deposit, UAE resident (20%): AED 268,212
Deposit, non-resident (40%): AED 536,424
Monthly over 25 years at 3.7%: AED 5,487

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