1-bed · 889 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1008, 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 March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 16 March 2025

Last soldAED 1.64M22 March 2023

Current rentAED 116K /yr16 March 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1008, Majestine Allure

Today

What is 1008 worth today?

Last sold for AED 1,642,000 in 2023

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16 Mar 2025

16 Mar 2025RentedRenewal

AED 115,500/yr12 months · AED 130 per sqft

16 Mar 2024

16 Mar 2024RentedNew contract

AED 110,000/yr12 months · AED 124 per sqft

16 Mar 2024

16 Mar 2024RentedNew contract

AED 110,000/yr12 months · AED 124 per sqft

22 Mar 2023

22 Mar 2023Sold by developerReady

AED 1,642,000AED 1,846 per sqft

5 Nov 2020

5 Nov 2020RentedNew contract

AED 57,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2025.

Key facts

Type: 1-bed apartment
Size: 889 sqft
Floor: 10th of 19
Parking: P2-29
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.64M · March 2023
Building: Majestine Allure

About 1008, Majestine Allure

1008 is a one-bedroom apartment of 889 sqft on the 10th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 22 March 2023 for AED 1,642,000, or AED 1,846 per sqft, in line with the AED 1,827 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 16 March 2025, is AED 115,500 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 1008 over time

Sales

Unit 1008, each saleTypical one-bed in Majestine Allure

1008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1008, 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 1008 sits

All 142 1-beds →

1-beds in Majestine Allure · last 12 months1,494 /sqft Majestine Allure · all types1,702 /sqft

1008 last sold in March 2023 at AED 1,846 per sqft, in line with 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 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 1008's AED 115,500 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Jan 202616 January 2026	894 sqft	1,350,000	1,510
24 Jul 202524 July 2025	853 sqft	1,180,000	1,382
22 Jul 202522 July 2025	786 sqft	1,275,000	1,621
16 Jul 202516 July 2025	1,000 sqft	1,250,000	1,250

3 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. 12 sold in the last 12 months.

Typical price per sqft: AED 1,702 Up 2.5%
Typical sale: AED 845K
Typical rent: AED 94K /yr
Typical yield: 7.2%

Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 497 units in Majestine Allure


1001	Studio	498 sqft	AED 820KAED 820,000 · Mar 2025March 2025	70,000 /yr
1002	Studio	474 sqft	AED 1.02MAED 1,017,450 · Apr 2015April 2015	65,000 /yr
1003	3-bed	1,849 sqft	AED 3.23MAED 3,225,600 · Apr 2018April 2018	155,000 /yr
1004	2-bed	1,608 sqft	AED 1.8MAED 1,800,000 · May 2025May 2025	140,000 /yr
1005	2-bed	1,495 sqft	AED 2.76MAED 2,757,000 · Mar 2024March 2024
1006	2-bed	1,356 sqft	AED 1.9MAED 1,900,000 · Aug 2014August 2014
1007	1-bed	978 sqft	AED 1.41MAED 1,410,561 · Oct 2024October 2024	100,000 /yr
1009	Studio	612 sqft	AED 900KAED 900,000 · May 2023May 2023	65,000 /yr
1010	2-bed	1,246 sqft	AED 2.45MAED 2,449,100 · Dec 2014December 2014	126,000 /yr
1011	Studio	460 sqft	AED 1.05MAED 1,048,800 · Dec 2014December 2014	65,000 /yr
1012	Studio	475 sqft	AED 1.05MAED 1,051,650 · Jun 2015June 2015	60,000 /yr
1013	3-bed	1,794 sqft	AED 2.5MAED 2,500,000 · Dec 2024December 2024	150,000 /yr
1014	2-bed	1,068 sqft	AED 2.07MAED 2,066,400 · Aug 2014August 2014	120,750 /yr
1015	3-bed	1,420 sqft	AED 1.87MAED 1,865,000 · Jun 2022June 2022	160,000 /yr
1016	Studio	430 sqft	AED 922KAED 921,500 · Apr 2015April 2015	6,200 /yr
1017	Studio	479 sqft	AED 1.01MAED 1,007,950 · Nov 2014November 2014	72,000 /yr
1018	Studio	479 sqft	AED 550KAED 550,000 · Apr 2022April 2022	57,000 /yr
1019	Studio	479 sqft	AED 730KAED 730,000 · Jun 2023June 2023	75,000 /yr
1020	1-bed	896 sqft	AED 1.52MAED 1,517,000 · Dec 2017December 2017	90,000 /yr
1001A	Studio	497 sqft	AED 750KAED 750,000 · Jan 2024January 2024	65,000 /yr
1002A	1-bed	853 sqft	AED 1.04MAED 1,040,000 · Dec 2020December 2020	97,000 /yr
1011A	Studio	460 sqft	AED 1.04MAED 1,043,700 · Dec 2014December 2014	64,000 /yr
1012A	Studio	458 sqft	AED 1.05MAED 1,048,800 · Dec 2014December 2014	65,000 /yr
1016A	Studio	479 sqft	AED 1.01MAED 1,007,950 · Dec 2014December 2014	73,500 /yr
1017A	Studio	479 sqft	AED 975KAED 975,051 · May 2018May 2018	66,000 /yr
1018A	Studio	479 sqft	AED 985KAED 984,900 · Jun 2018June 2018	58,000 /yr
1019A	Studio	468 sqft	AED 1.02MAED 1,019,350 · Feb 2015February 2015	38,000 /yr

1–7 of 27

1008, Majestine Allure in numbers

Sold once: by Business Tower Investment on 22 March 2023 for AED 1,642,000, or AED 1,846 per sqft.
Rented since November 2020 on 4 Ejari contracts, from AED 57,000 to AED 115,500 a year.
At AED 115,500 a year the gross yield on the 2023 price is 7.0%.
One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2025.

Questions about 1008, Majestine Allure

What did unit 1008 last sell for?

AED 1,642,000 on 22 March 2023, sold by the developer: AED 1,846 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 115,500 a year on the contract renewed on 16 March 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since November 2020.

How big is unit 1008?

889 sqft (82.6 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1008 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 1,350,000 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 1008, Majestine Allure

Starts from the last sale price (AED 1.64M, 22 March 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,642,000
Deposit, UAE resident (20%): AED 328,400
Deposit, non-resident (40%): AED 656,800
Monthly over 25 years at 3.7%: AED 6,718

Plus AED 73,974 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →