475 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1212, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 28 August 2025

Last soldAED 815K28 August 2025

Current rentAED 51K /yr10 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1212, Majestine Allure

Today

What is 1212 worth today?

Last sold for AED 815,000 in 2025

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28 Aug 2025

28 Aug 2025SoldReady

AED 815,000AED 1,714 per sqft

10 May 2024

10 May 2024RentedRenewal

AED 51,144/yr11 months · AED 108 per sqft

10 May 2023

10 May 2023RentedNew contract

AED 48,400/yr12 months · AED 102 per sqft

10 May 2022

10 May 2022RentedRenewal

AED 44,000/yr12 months · AED 93 per sqft

10 May 2021

10 May 2021RentedRenewal

AED 40,000/yr12 months · AED 84 per sqft

10 May 2020

10 May 2020RentedNew contract

AED 40,000/yr12 months · AED 84 per sqft

5 Feb 2020

5 Feb 2020RentedNew contract

AED 50,000/yr12 months · AED 106 per sqft

23 Oct 2019

23 Oct 2019Sold by developerReady

AED 931,000AED 1,959 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Key facts

Type: Apartment
Size: 475 sqft
Floor: 12th of 19
Parking: nan
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 815K · August 2025
Building: Majestine Allure

About 1212, Majestine Allure

1212 is an apartment of 475 sqft on the 12th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 28 August 2025 for AED 815,000, or AED 1,714 per sqft.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 51,144 a year: a gross yield of 6.3% 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. 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 12th floor

All 497 units in Majestine Allure


1201	Studio	499 sqft	AED 1.1MAED 1,102,000 · Feb 2015February 2015	70,000 /yr
1202	Studio	474 sqft	AED 830KAED 830,000 · Jul 2024July 2024	96,000 /yr
1203	Studio	459 sqft	AED 1.06MAED 1,059,250 · Mar 2017March 2017	70,000 /yr
1204	Studio	572 sqft	AED 1.12MAED 1,115,000 · Nov 2022November 2022
1205	Studio	489 sqft	AED 936KAED 935,900 · Nov 2022November 2022	63,000 /yr
1206	2-bed	1,357 sqft	AED 2.98MAED 2,977,300 · Jun 2015June 2015
1207	1-bed	978 sqft	AED 1.85MAED 1,847,000 · Mar 2017March 2017	85,000 /yr
1208	1-bed	890 sqft	AED 1.43MAED 1,430,000 · Oct 2024October 2024	78,000 /yr
1209	Studio	612 sqft	AED 1.39MAED 1,387,000 · Sep 2015September 2015	70,000 /yr
1210	2-bed	1,247 sqft	AED 1.83MAED 1,825,000 · May 2024May 2024	82,500 /yr
1211	Studio	461 sqft	AED 750KAED 750,000 · Jul 2024July 2024	40,000 /yr
1213	Studio	447 sqft	AED 984KAED 984,200 · Jul 2015July 2015	63,000 /yr
1214	2-bed	1,068 sqft	AED 2.15MAED 2,148,900 · Oct 2015October 2015	120,000 /yr
1215		1,420 sqft	AED 2.4MAED 2,400,000 · Nov 2025November 2025	136,592 /yr
1216	Studio	430 sqft	AED 922KAED 921,500 · Dec 2014December 2014	75,815 /yr
1217	Studio	481 sqft	AED 931KAED 930,600 · Jul 2024July 2024	75,000 /yr
1218	Studio	480 sqft	AED 800KAED 800,000 · Oct 2024October 2024	62,000 /yr
1219	Studio	479 sqft	AED 906KAED 905,520 · Dec 2022December 2022
1220	1-bed	897 sqft	AED 1.72MAED 1,721,400 · Sep 2015September 2015
1201A	Studio	497 sqft	AED 1.1MAED 1,102,000 · Feb 2015February 2015	62,000 /yr
1202A		853 sqft	AED 1.25MAED 1,250,000 · Nov 2025November 2025	96,000 /yr
1203A	Studio	453 sqft	AED 852KAED 852,480 · Jan 2020January 2020	48,510 /yr
1203B	1-bed	820 sqft	AED 1.38MAED 1,375,000 · May 2025May 2025	91,000 /yr
1204A	1-bed	1,034 sqft	AED 1.83MAED 1,833,000 · Feb 2019February 2019	100,000 /yr
1205A	1-bed	1,003 sqft	AED 1.76MAED 1,764,000 · Nov 2019November 2019	90,000 /yr
1211A	Studio	461 sqft	AED 750KAED 750,000 · Apr 2024April 2024	40,000 /yr
1212A	Studio	457 sqft	AED 1.05MAED 1,048,800 · Dec 2014December 2014	60,900 /yr
1213A	1-bed	894 sqft	AED 780KAED 780,000 · Aug 2021August 2021
1213B	Studio	456 sqft	AED 1.01MAED 1,013,650 · Oct 2015October 2015	63,000 /yr
1216A	Studio	479 sqft	AED 840KAED 840,000 · Jan 2024January 2024	38,000 /yr
1217A	Studio	478 sqft	AED 807KAED 807,000 · Oct 2024October 2024	73,000 /yr
1218A	Studio	479 sqft	AED 820KAED 820,000 · Mar 2025March 2025	52,000 /yr
1219A	Studio	468 sqft	AED 820KAED 820,000 · Apr 2025April 2025	70,000 /yr

1–7 of 33

1212, Majestine Allure in numbers

Sold twice: first on 23 October 2019 for AED 931,000, last on 28 August 2025 for AED 815,000 (AED 1,714 per sqft).
Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 51,144 by May 2024.
At AED 51,144 a year the gross yield on the 2025 price is 6.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Questions about 1212, Majestine Allure

What did unit 1212 last sell for?

AED 815,000 on 28 August 2025: AED 1,714 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 931,000 in October 2019.

What is the rent for unit 1212?

AED 51,144 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 48,400; the unit has been rented since February 2020.

How big is unit 1212?

475 sqft (44.1 sqm): an apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1212 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 1212, Majestine Allure

Starts from the last sale price (AED 815K, 28 August 2025). Switch to today's estimate once you have unlocked it.

Price: AED 815,000
Deposit, UAE resident (20%): AED 163,000
Deposit, non-resident (40%): AED 326,000
Monthly over 25 years at 3.7%: AED 3,334

Plus AED 39,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →