1-bed · 896 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1020, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1020 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.52M13 December 2017
Current rentAED 90K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1020, Majestine Allure

What is 1020 worth today?

Last sold for AED 1,517,000 in 2017

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15 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
27 Dec 2023RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft
27 Dec 2022RentedRenewal
AED 80,000/yr12 months · AED 89 per sqft
27 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
27 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
21 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 89 per sqft
13 Dec 2017Sold by developerOff-plan
AED 1,517,000AED 1,693 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
10th of 19
Parking
P3-58
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.52M · December 2017

About 1020, Majestine Allure

1020 is a one-bedroom apartment of 896 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 13 December 2017 for AED 1,517,000, or AED 1,693 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 March 2025, is AED 90,000 a year: a gross yield of 5.9% on the 2017 price.

Sales and rents for 1020 over time

Sales
Unit 1020, each saleTypical one-bed in Majestine Allure
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,784,100; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,553,310; 2019 AED 1,696,500; 2021 AED 950,000; 2022 AED 1,295,000; 2023 AED 1,658,000; 2024 AED 1,320,000; 2025 AED 1,250,000Sold by developer, December 2017: AED 1,517,000 (AED 1,693 per sqft)

1020 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1020, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 63,750; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 88,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 96,500New contract, March 2019: AED 80,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, December 2021: AED 75,000 a yearRenewal, December 2022: AED 80,000 a yearRenewal, December 2023: AED 90,000 a yearNew contract, March 2025: AED 90,000 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 1020 sits

All 142 1-beds →

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. 1020's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,350,000
24 Jul 20251,180,000
22 Jul 20251,275,000
16 Jul 20251,250,000
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
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

1020, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 13 December 2017 for AED 1,517,000, or AED 1,693 per sqft.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 90,000 by March 2025.
  • At AED 90,000 a year the gross yield on the 2017 price is 5.9%.
  • 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 15 March 2025.

Questions about 1020, Majestine Allure

What did unit 1020 last sell for?

AED 1,517,000 on 13 December 2017, sold by the developer: AED 1,693 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 1020?

AED 90,000 a year on the contract signed on 15 March 2025. The previous contract, from December 2023, was AED 90,000; the unit has been rented since March 2019.

How big is unit 1020?

896 sqft (83.2 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1020 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 1020, Majestine Allure

Starts from the last sale price (AED 1.52M, 13 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,517,000
Deposit, UAE resident (20%)
AED 303,400
Deposit, non-resident (40%)
AED 606,800
Monthly over 25 years at 3.7%
AED 6,207

Plus AED 68,724 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →