Home
Dubai prices
About
Research
1-bed · 978 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1107, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 18 August 2023
Last soldAED 1.78M5 August 2014
Current rentAED 84K /yr18 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Majestine Allure

What is 1107 worth today?

Last sold for AED 1,784,100 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Aug 2023RentedRenewal
AED 84,000/yr12 months · AED 86 per sqft
18 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
15 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
15 Jun 2020RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
15 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
5 Aug 2014Sold by developerOff-plan
AED 1,784,100AED 1,823 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 August 2023.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
11th of 19
Parking
P2-53
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.78M · August 2014
Building
Majestine Allure

About 1107, Majestine Allure

1107 is a one-bedroom apartment of 978 sqft on the 11th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 5 August 2014 for AED 1,784,100, or AED 1,823 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 18 August 2023, is AED 84,000 a year: a gross yield of 4.7% on the 2014 price.

Sales and rents for 1107 over time

Sales
Unit 1107, 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, August 2014: AED 1,784,100 (AED 1,823 per sqft)

1107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1107, 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, June 2019: AED 70,000 a yearRenewal, June 2020: AED 65,000 a yearRenewal, June 2021: AED 65,000 a yearNew contract, August 2022: AED 80,000 a yearRenewal, August 2023: AED 84,000 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 1107 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. 1107's AED 84,000 is at the bottom 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 11th floor

All 497 units in Majestine Allure
Value
1101StudioAED 720K · May 2023
1102StudioAED 590K · Nov 2021
1103StudioAED 1.06M · Sep 2015
1104AED 880K · Sep 2025
11052-bedAED 1.75M · May 2023
1106StudioAED 1M · Dec 2018
11081-bedAED 1.32M · Jan 2018
1–7 of 33

1107, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 5 August 2014 for AED 1,784,100, or AED 1,823 per sqft.
  • Rented since June 2019 on 5 Ejari contracts, from AED 70,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2014 price is 4.7%.
  • 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 18 August 2023.

Questions about 1107, Majestine Allure

What did unit 1107 last sell for?

AED 1,784,100 on 5 August 2014, sold by the developer: AED 1,823 per sqft for 978 sqft. It is the only registered sale of the unit.

What is the rent for unit 1107?

AED 84,000 a year on the contract renewed on 18 August 2023. The previous contract, from August 2022, was AED 80,000; the unit has been rented since June 2019.

How big is unit 1107?

978 sqft (90.9 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1107 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.

Selling 1107? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1107, Majestine Allure

Starts from the last sale price (AED 1.78M, 5 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,784,100
Deposit, UAE resident (20%)
AED 356,820
Deposit, non-resident (40%)
AED 713,640
Monthly over 25 years at 3.7%
AED 7,299

Plus AED 79,942 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →