Studio · 461 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1311, 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 October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 25 April 2025

Last soldAED 643K20 October 2023

Current rentAED 70K /yr25 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1311, Majestine Allure

Today

What is 1311 worth today?

Last sold for AED 643,000 in 2023

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25 Apr 2025

25 Apr 2025RentedNew contract

AED 70,000/yr12 months · AED 152 per sqft

3 Oct 2024

3 Oct 2024RentedNew contract

AED 70,000/yr12 months · AED 151 per sqft

20 Oct 2023

20 Oct 2023SoldReady

AED 643,000AED 1,395 per sqft

10 Sep 2023

10 Sep 2023RentedNew contract

AED 70,000/yr12 months · AED 151 per sqft

20 Nov 2019

20 Nov 2019RentedNew contract

AED 52,000/yr12 months · AED 112 per sqft

25 Dec 2018

25 Dec 2018Sold by developerReady

AED 903,000AED 1,960 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2025.

Key facts

Type: Studio apartment
Size: 461 sqft
Floor: 13th of 19
Parking: nan
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 643K · October 2023
Building: Majestine Allure

About 1311, Majestine Allure

1311 is a studio of 461 sqft on the 13th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 20 October 2023 for AED 643,000, or AED 1,395 per sqft, 12% below the AED 1,577 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 April 2025, is AED 70,000 a year: a gross yield of 10.9% on the 2023 price.

Sales and rents for 1311 over time

Sales

Unit 1311, each saleTypical studio in Majestine Allure

1311 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1311, each contractTypical studio in Majestine Allure

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 1311 sits

All 273 studios →

Studios in Majestine Allure · last 12 months1,761 /sqft Majestine Allure · all types1,702 /sqft

1311 last sold in October 2023 at AED 1,395 per sqft, 12% below what studios in Majestine Allure were fetching at the time (AED 1,577). 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. 1311's AED 70,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
1 Feb 20261 February 2026	474 sqft	814,000	1,715
29 Jan 202629 January 2026	479 sqft	830,000	1,733
27 Jan 202627 January 2026	478 sqft	860,000	1,797
27 Jan 202627 January 2026	456 sqft	820,000	1,799

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 13th floor

All 497 units in Majestine Allure


1301	Studio	499 sqft	AED 1.1MAED 1,102,000 · Feb 2015February 2015	65,000 /yr
1302	Studio	474 sqft	AED 650KAED 650,000 · Feb 2019February 2019	70,000 /yr
1303	3-bed	1,851 sqft	AED 3.8MAED 3,799,050 · Jul 2015July 2015
1304	Studio	572 sqft	AED 690KAED 689,599 · Apr 2022April 2022	64,000 /yr
1305	2-bed	1,495 sqft	AED 2.66MAED 2,661,900 · Aug 2014August 2014	120,000 /yr
1306	2-bed	1,356 sqft	AED 1.89MAED 1,887,480 · Feb 2022February 2022	140,000 /yr
1307	1-bed	978 sqft	AED 1.97MAED 1,973,150 · Feb 2015February 2015	110,000 /yr
1308	1-bed	890 sqft	AED 1.92MAED 1,919,000 · Sep 2014September 2014	100,000 /yr
1309	Studio	612 sqft	AED 1.13MAED 1,130,000 · Feb 2025February 2025	70,000 /yr
1310	2-bed	1,247 sqft	AED 1.79MAED 1,786,000 · Dec 2024December 2024	100,000 /yr
1312	Studio	475 sqft	AED 550KAED 550,000 · Jan 2022January 2022	64,000 /yr
1313	3-bed	1,796 sqft	AED 3.76MAED 3,760,100 · Aug 2014August 2014	165,000 /yr
1314	2-bed	1,068 sqft	AED 1.54MAED 1,535,000 · May 2024May 2024	130,000 /yr
1315	3-bed	1,420 sqft	AED 2.95MAED 2,945,950 · Jun 2015June 2015	160,000 /yr
1316	Studio	430 sqft	AED 922KAED 921,500 · Aug 2015August 2015	65,000 /yr
1317	Studio	479 sqft	AED 1.01MAED 1,007,950 · Dec 2014December 2014	70,000 /yr
1318	Studio	480 sqft	AED 654KAED 654,000 · Feb 2023February 2023	62,000 /yr
1319	Studio	479 sqft	AED 1.01MAED 1,007,950 · Mar 2015March 2015	67,000 /yr
1320	1-bed	897 sqft	AED 960KAED 960,000 · Dec 2022December 2022	105,000 /yr
1301A	Studio	497 sqft	AED 760KAED 760,480 · Feb 2022February 2022	60,000 /yr
1302A	1-bed	853 sqft	AED 1.22MAED 1,220,000 · Oct 2021October 2021	95,000 /yr
1304A	1-bed	1,034 sqft	AED 1.97MAED 1,966,000 · Jan 2023January 2023	105,000 /yr
1311A	Studio	461 sqft	AED 1.04MAED 1,043,100 · Feb 2016February 2016	65,000 /yr
1312A	Studio	457 sqft	AED 1.05MAED 1,048,800 · Feb 2015February 2015	70,000 /yr
1316A	Studio	479 sqft	AED 1.01MAED 1,013,650 · Jul 2015July 2015	50,000 /yr
1317A	Studio	480 sqft	AED 800KAED 800,000 · Feb 2025February 2025	70,000 /yr
1318A		479 sqft	AED 810KAED 810,000 · Aug 2025August 2025	63,000 /yr
1319A	Studio	467 sqft	AED 750KAED 750,000 · Feb 2024February 2024	65,000 /yr

1–7 of 28

1311, Majestine Allure in numbers

Sold twice: first on 25 December 2018 for AED 903,000, last on 20 October 2023 for AED 643,000 (AED 1,395 per sqft).
Rented since November 2019 on 4 Ejari contracts, from AED 52,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2023 price is 10.9%.
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 25 April 2025.

Questions about 1311, Majestine Allure

What did unit 1311 last sell for?

AED 643,000 on 20 October 2023: AED 1,395 per sqft for 461 sqft. The unit has 2 registered sales; the first was AED 903,000 in December 2018.

What is the rent for unit 1311?

AED 70,000 a year on the contract signed on 25 April 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since November 2019.

How big is unit 1311?

461 sqft (42.8 sqm): a studio on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1311 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 1311, Majestine Allure

Starts from the last sale price (AED 643K, 20 October 2023). Switch to today's estimate once you have unlocked it.

Price: AED 643,000
Deposit, UAE resident (20%): AED 128,600
Deposit, non-resident (40%): AED 257,200
Monthly over 25 years at 3.7%: AED 2,631

Plus AED 32,016 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →