Studio · 456 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1113B, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1113B · DLD and Ejari recordsUpdated 27 July 2025
Last soldAED 977K11 August 2015
Current rentAED 60K /yr27 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1113B, Majestine Allure

What is 1113B worth today?

Last sold for AED 977,280 in 2015

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27 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
10 May 2024RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
24 Jan 2023RentedNew contract
AED 59,000/yr12 months · AED 131 per sqft
20 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
10 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 93 per sqft
10 Nov 2019RentedNew contract
AED 57,000/yr12 months · AED 126 per sqft
11 Aug 2015Sold by developerOff-plan
AED 977,280AED 2,144 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2025.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
11th of 19
Parking
P2-62
Developer
Business Tower Investment
Completed
2018
Last sold
AED 977K · August 2015

About 1113B, Majestine Allure

1113B is a studio of 456 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 11 August 2015 for AED 977,280, or AED 2,144 per sqft, in line with the AED 2,158 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 27 July 2025, is AED 60,000 a year: a gross yield of 6.1% on the 2015 price.

Sales and rents for 1113B over time

Sales
Unit 1113B, 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, August 2015: AED 977,280 (AED 2,144 per sqft)

1113B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1113B, 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, November 2019: AED 57,000 a yearNew contract, March 2021: AED 42,000 a yearNew contract, August 2022: AED 55,000 a yearNew contract, January 2023: AED 59,000 a yearNew contract, May 2024: AED 60,000 a yearNew contract, July 2025: AED 60,000 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 1113B sits

All 273 studios →

1113B last sold in August 2015 at AED 2,144 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,158). 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. 1113B's AED 60,000 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. 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
11071-bedAED 1.78M · Aug 2014
1–7 of 33

1113B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 11 August 2015 for AED 977,280, or AED 2,144 per sqft.
  • Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 57,000 to AED 42,000 in 2021 and recovered to AED 60,000 by July 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.1%.
  • 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 1,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2025.

Questions about 1113B, Majestine Allure

What did unit 1113B last sell for?

AED 977,280 on 11 August 2015, sold by the developer: AED 2,144 per sqft for 456 sqft. It is the only registered sale of the unit.

What is the rent for unit 1113B?

AED 60,000 a year on the contract signed on 27 July 2025. The previous contract, from May 2024, was AED 60,000; the unit has been rented since November 2019.

How big is unit 1113B?

456 sqft (42.4 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1113B 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 1113B, Majestine Allure

Starts from the last sale price (AED 977K, 11 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 977,280
Deposit, UAE resident (20%)
AED 195,456
Deposit, non-resident (40%)
AED 390,912
Monthly over 25 years at 3.7%
AED 3,998

Plus AED 46,056 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →