2-bed · 1,609 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1404, 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 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 1404 · DLD and Ejari recordsUpdated 1 June 2025

Last soldAED 2.96M14 August 2014

Current rentAED 170K /yr1 June 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1404, Majestine Allure

Today

What is 1404 worth today?

Last sold for AED 2,960,000 in 2014

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1 Jun 2025

1 Jun 2025RentedRenewal

AED 170,000/yr12 months · AED 105 per sqft

1 Jun 2025

1 Jun 2025RentedRenewal

AED 130,000/yr12 months · AED 81 per sqft

1 Jun 2024

1 Jun 2024RentedRenewal

AED 130,000/yr12 months · AED 81 per sqft

1 Jun 2024

1 Jun 2024RentedRenewal

AED 130,000/yr12 months · AED 81 per sqft

1 Jun 2023

1 Jun 2023RentedNew contract

AED 130,000/yr12 months · AED 81 per sqft

1 Nov 2022

1 Nov 2022RentedRenewal

AED 93,000/yr12 months · AED 58 per sqft

1 Nov 2021

1 Nov 2021RentedRenewal

AED 85,000/yr12 months · AED 53 per sqft

1 Nov 2020

1 Nov 2020RentedNew contract

AED 80,000/yr12 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Key facts

Type: 2-bed apartment
Size: 1,609 sqft
Floor: 14th of 19
Parking: P2-137
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 2.96M · August 2014
Building: Majestine Allure

About 1404, Majestine Allure

1404 is a two-bedroom apartment of 1,609 sqft on the 14th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 14 August 2014 for AED 2,960,000, or AED 1,839 per sqft, 3% below the AED 1,899 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 170,000 a year: a gross yield of 5.7% on the 2014 price.

Sales and rents for 1404 over time

Sales

Unit 1404, each saleTypical two-bed in Majestine Allure

1404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1404, each contractTypical two-bed in Majestine Allure

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Majestine Allure, and where 1404 sits

All 43 2-beds →

Majestine Allure · all types1,702 /sqft

1404 last sold in August 2014 at AED 1,839 per sqft, 3% below what two-beds in Majestine Allure were fetching at the time (AED 1,899). 1404's AED 170,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
30 Jun 202530 June 2025	1,491 sqft	1,981,400	1,328
28 May 202528 May 2025	1,242 sqft	1,530,000	1,231
20 May 202520 May 2025	1,608 sqft	1,800,000	1,119
22 Jan 202522 January 2025	1,222 sqft	1,730,000	1,416

0 2-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 14th floor

All 497 units in Majestine Allure


1401	Studio	499 sqft	AED 1.19MAED 1,186,550 · Jun 2015June 2015	68,000 /yr
1402	Studio	474 sqft	AED 1MAED 1,000,350 · Oct 2015October 2015	67,000 /yr
1403	3-bed	1,850 sqft	AED 3.6MAED 3,601,950 · Aug 2014August 2014	160,000 /yr
1405	Studio	493 sqft	AED 805KAED 805,000 · Jun 2021June 2021
1406	2-bed	1,357 sqft	AED 2.66MAED 2,656,600 · Aug 2014August 2014	130,000 /yr
1407	1-bed	978 sqft	AED 1.94MAED 1,936,950 · Aug 2014August 2014	95,000 /yr
1408	1-bed	890 sqft	AED 1.72MAED 1,724,200 · Aug 2014August 2014	87,000 /yr
1409	Studio	612 sqft	AED 1.54MAED 1,535,500 · Aug 2014August 2014	60,000 /yr
1410	2-bed	1,247 sqft	AED 2.47MAED 2,465,280 · Apr 2015April 2015	130,000 /yr
1411	Studio	461 sqft	AED 904KAED 904,000 · Feb 2019February 2019	51,909 /yr
1412	Studio	475 sqft	AED 1.05MAED 1,054,500 · Mar 2015March 2015	65,000 /yr
1413	Studio	447 sqft	AED 988KAED 988,000 · Jul 2015July 2015	65,000 /yr
1414	2-bed	1,068 sqft	AED 2.16MAED 2,160,300 · Jun 2015June 2015	100,000 /yr
1415	3-bed	1,420 sqft	AED 2.86MAED 2,863,800 · Aug 2014August 2014	135,000 /yr
1416	Studio	430 sqft	AED 510KAED 510,000 · May 2021May 2021	60,000 /yr
1417	1-bed	954 sqft	AED 1.82MAED 1,816,700 · Aug 2014August 2014	95,000 /yr
1418	1-bed	954 sqft	AED 1.84MAED 1,842,600 · Sep 2014September 2014	85,000 /yr
1419	1-bed	942 sqft	AED 1.84MAED 1,842,600 · Sep 2014September 2014	90,000 /yr
1420	1-bed	897 sqft	AED 875KAED 875,000 · Oct 2021October 2021	90,496 /yr
1401A	Studio	497 sqft	AED 1.04MAED 1,038,350 · Apr 2015April 2015	63,000 /yr
1402A	1-bed	853 sqft	AED 1.35MAED 1,351,000 · Mar 2025March 2025	65,000 /yr
1405A	1-bed	1,003 sqft	AED 1.73MAED 1,731,660 · Nov 2019November 2019	95,000 /yr
1411A	Studio	461 sqft	AED 903KAED 903,000 · Dec 2018December 2018	62,000 /yr
1412A	Studio	457 sqft	AED 1.05MAED 1,054,500 · Apr 2015April 2015	65,000 /yr
1413A	1-bed	894 sqft	AED 1.24MAED 1,236,750 · Aug 2021August 2021	90,000 /yr
1413B	Studio	456 sqft	AED 630KAED 630,000 · Sep 2019September 2019	55,125 /yr
1416A	Studio	479 sqft	AED 800KAED 800,000 · May 2023May 2023

1–7 of 27

1404, Majestine Allure in numbers

Sold once: by Business Tower Investment on 14 August 2014 for AED 2,960,000, or AED 1,839 per sqft.
Rented since October 2019 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2020 and recovered to AED 170,000 by June 2025.
At AED 170,000 a year the gross yield on the 2014 price is 5.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Questions about 1404, Majestine Allure

What did unit 1404 last sell for?

AED 2,960,000 on 14 August 2014, sold by the developer: AED 1,839 per sqft for 1,609 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 170,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 130,000; the unit has been rented since October 2019.

How big is unit 1404?

1,609 sqft (149.5 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1404 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 1404, Majestine Allure

Starts from the last sale price (AED 2.96M, 14 August 2014). Switch to today's estimate once you have unlocked it.

Price: AED 2,960,000
Deposit, UAE resident (20%): AED 592,000
Deposit, non-resident (40%): AED 1,184,000
Monthly over 25 years at 3.7%: AED 12,110

Plus AED 129,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →