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1-bed · 1,360 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

415, Majestine Allure

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 2.16M14 September 2023
Current rentAED 105K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 415, Majestine Allure

What is 415 worth today?

Last sold for AED 2,164,000 in 2023

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29 Aug 2025RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
31 Aug 2024RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
14 Sep 2023Sold by developerReady
AED 2,164,000AED 1,590 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
1-bed apartment
Size
1,360 sqft
Floor
4th of 19
Parking
G-18
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.16M · September 2023
Building
Majestine Allure

About 415, Majestine Allure

415 is a one-bedroom apartment of 1,360 sqft on the 4th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 14 September 2023 for AED 2,164,000, or AED 1,590 per sqft, 13% below the AED 1,827 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 29 August 2025, is AED 105,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical one-bed in Majestine Allure
1M2M2014201820222026Typical 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 2023: AED 2,164,000 (AED 1,590 per sqft)

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

Rents
Unit 415, 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, August 2024: AED 105,000 a yearNew contract, August 2025: AED 105,000 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 415 sits

All 147 1-beds →

415 last sold in September 2023 at AED 1,590 per sqft, 13% below 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. 415's AED 105,000 is in the upper 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 4th floor

All 497 units in Majestine Allure
Value
401StudioAED 1.3M · Jan 2019
402StudioAED 1.09M · May 2025
403StudioAED 1.21M · Oct 2019
404StudioAED 784K · Apr 2022
405StudioAED 925K · Nov 2018
4061-bedAED 1.72M · Jun 2019
4071-bedAED 1.28M · Jul 2026
1–7 of 28

415, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 September 2023 for AED 2,164,000, or AED 1,590 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 4.9%.
  • 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 29 August 2025.

Questions about 415, Majestine Allure

What did unit 415 last sell for?

AED 2,164,000 on 14 September 2023, sold by the developer: AED 1,590 per sqft for 1,360 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 105,000 a year on the contract signed on 29 August 2025. The previous contract, from August 2024, was AED 105,000.

How big is unit 415?

1,360 sqft (126.3 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2018.

What is unit 415 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 415, Majestine Allure

Starts from the last sale price (AED 2.16M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,164,000
Deposit, UAE resident (20%)
AED 432,800
Deposit, non-resident (40%)
AED 865,600
Monthly over 25 years at 3.7%
AED 8,854

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