Studio · 479 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1017A, Majestine Allure

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1017A · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 975K9 May 2018
Current rentAED 66K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1017A, Majestine Allure

What is 1017A worth today?

Last sold for AED 975,051 in 2018

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29 Sep 2025RentedRenewal
AED 66,000/yr12 months · AED 136 per sqft
30 Sep 2023RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
18 Apr 2023RentedNew contract
AED 60,000/yr3 months · AED 124 per sqft
11 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
15 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 73 per sqft
24 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
9 May 2018Sold by developerOff-plan
AED 975,051AED 2,034 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2025.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
10th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 975K · May 2018

About 1017A, Majestine Allure

1017A is a studio of 479 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 9 May 2018 for AED 975,051, or AED 2,034 per sqft, 5% below the AED 2,139 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 29 September 2025, is AED 66,000 a year: a gross yield of 6.8% on the 2018 price.

Sales and rents for 1017A over time

Sales
Unit 1017A, 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 1,059,250; 2018 AED 979,976; 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 840,000; 2026 AED 830,000Sold by developer, May 2018: AED 975,051 (AED 2,034 per sqft)

1017A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1017A, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical 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 70,000New contract, August 2019: AED 50,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, April 2023: AED 60,000 a yearNew contract, September 2023: AED 60,000 a yearRenewal, September 2025: AED 66,000 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 1017A sits

All 273 studios →

1017A last sold in May 2018 at AED 2,034 per sqft, 5% below what studios in Majestine Allure were fetching at the time (AED 2,139). Over the last 12 months studios sold for AED 740,000 to 930,000, around AED 1,761 per sqft, and rent for AED 57,301 to 96,000 a year. 1017A's AED 66,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Feb 2026814,000
29 Jan 2026830,000
27 Jan 2026860,000
27 Jan 2026820,000
8 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. 11 sold in the last 12 months.

Typical price per sqft
AED 1,715 Up 3.8%
Typical sale
AED 830K
Typical rent
AED 94K /yr
Typical yield
7.1%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 497 units in Majestine Allure
Value
1001StudioAED 820K · Mar 2025
1002StudioAED 1.02M · Apr 2015
10033-bedAED 3.23M · Apr 2018
10042-bedAED 1.8M · May 2025
10052-bedAED 2.76M · Mar 2024
10062-bedAED 1.9M · Aug 2014
10071-bedAED 1.41M · Oct 2024
1–7 of 27

1017A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 May 2018 for AED 975,051, or AED 2,034 per sqft.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 66,000 by September 2025.
  • At AED 66,000 a year the gross yield on the 2018 price is 6.8%.
  • Studios in Majestine Allure sold for AED 740,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 1,715 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2025.

Questions about 1017A, Majestine Allure

What did unit 1017A last sell for?

AED 975,051 on 9 May 2018, sold by the developer: AED 2,034 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1017A?

AED 66,000 a year on the contract renewed on 29 September 2025. The previous contract, from September 2023, was AED 60,000; the unit has been rented since August 2019.

How big is unit 1017A?

479 sqft (44.5 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1017A 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 740,000 to 930,000 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 1017A, Majestine Allure

Starts from the last sale price (AED 975K, 9 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 975,051
Deposit, UAE resident (20%)
AED 195,010
Deposit, non-resident (40%)
AED 390,020
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,962 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →