479 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1119, Majestine Allure

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1119 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 940K31 October 2025
Current rentAED 70K /yr6 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1119, Majestine Allure

What is 1119 worth today?

Last sold for AED 940,000 in 2025

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31 Oct 2025SoldReady
AED 940,000AED 1,960 per sqft
6 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
21 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
30 Oct 2021RentedRenewal
AED 37,000/yr12 months · AED 76 per sqft
30 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
19 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
9 Dec 2014Sold by developerOff-plan
AED 1,007,950AED 2,102 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2025.

Key facts

Type
Hotel apartment
Size
479 sqft
Floor
11th of 19
Parking
P2-70
Developer
Business Tower Investment
Completed
2018
Last sold
AED 940K · October 2025

About 1119, Majestine Allure

1119 is a hotel apartment of 479 sqft on the 11th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 31 October 2025 for AED 940,000, or AED 1,960 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 December 2023, is AED 70,000 a year: a gross yield of 7.4% on the 2025 price.

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

1119, Majestine Allure in numbers

  • Sold twice: first on 9 December 2014 for AED 1,007,950, last on 31 October 2025 for AED 940,000 (AED 1,960 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2020 and recovered to AED 70,000 by December 2023.
  • At AED 70,000 a year the gross yield on the 2025 price is 7.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2025.

Questions about 1119, Majestine Allure

What did unit 1119 last sell for?

AED 940,000 on 31 October 2025: AED 1,960 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,007,950 in December 2014.

What is the rent for unit 1119?

AED 70,000 a year on the contract signed on 6 December 2023. The previous contract, from November 2022, was AED 75,000; the unit has been rented since February 2019.

How big is unit 1119?

479 sqft (44.5 sqm): a hotel apartment on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1119 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1119, Majestine Allure

Starts from the last sale price (AED 940K, 31 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

Plus AED 44,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →