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1-bed · 820 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

503B, Majestine Allure

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503B · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.59M31 July 2016
Current rentAED 95K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503B, Majestine Allure

What is 503B worth today?

Last sold for AED 1,593,000 in 2016

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1 Feb 2026RentedRenewal
AED 95,000/yr12 months · AED 116 per sqft
1 Feb 2026RentedRenewal
AED 120,000/yr12 months · AED 147 per sqft
1 Feb 2025RentedRenewal
AED 95,000/yr12 months · AED 116 per sqft
1 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 116 per sqft
28 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
12 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 73 per sqft
12 Nov 2020RentedNew contract
AED 56,000/yr13 months · AED 68 per sqft
15 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
5th of 19
Parking
P1-08
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.59M · July 2016
Building
Majestine Allure

About 503B, Majestine Allure

503B is a one-bedroom apartment of 820 sqft on the 5th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 31 July 2016 for AED 1,593,000, or AED 1,941 per sqft, in line with the AED 1,938 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 95,000 a year: a gross yield of 6.0% on the 2016 price.

Sales and rents for 503B over time

Sales
Unit 503B, 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, July 2016: AED 1,593,000 (AED 1,941 per sqft)

503B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503B, each contractTypical one-bed in Majestine Allure
50K100K20192021202320252027Typical 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, February 2019: AED 81,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, November 2020: AED 56,000 a yearRenewal, December 2021: AED 60,000 a yearNew contract, January 2023: AED 85,000 a yearNew contract, February 2024: AED 95,000 a yearRenewal, February 2025: AED 95,000 a yearRenewal, February 2026: AED 95,000 a yearRenewal, February 2026: AED 120,000 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 503B sits

All 147 1-beds →

503B last sold in July 2016 at AED 1,941 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,938). 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. 503B's AED 95,000 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 5th floor

All 497 units in Majestine Allure
Value
501StudioAED 935K · Oct 2023
502StudioAED 850K · Jun 2025
503StudioAED 765K · Nov 2023
504StudioAED 793K · Apr 2022
5052-bedAED 2.52M · Aug 2014
506StudioAED 1.03M · May 2017
5071-bedAED 1.96M · Dec 2014
1–7 of 33

503B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 31 July 2016 for AED 1,593,000, or AED 1,941 per sqft.
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 81,000 to AED 56,000 in 2020 and recovered to AED 95,000 by February 2026.
  • At AED 95,000 a year the gross yield on the 2016 price is 6.0%.
  • 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 February 2026.

Questions about 503B, Majestine Allure

What did unit 503B last sell for?

AED 1,593,000 on 31 July 2016, sold by the developer: AED 1,941 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 503B?

AED 95,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 120,000; the unit has been rented since February 2019.

How big is unit 503B?

820 sqft (76.2 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2018.

What is unit 503B 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 503B, Majestine Allure

Starts from the last sale price (AED 1.59M, 31 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,593,000
Deposit, UAE resident (20%)
AED 318,600
Deposit, non-resident (40%)
AED 637,200
Monthly over 25 years at 3.7%
AED 6,517

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