1-bed · 978 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1507, 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 June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 29 August 2025

Last soldAED 1.29M27 June 2024

Current rentAED 93K /yr29 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1507, Majestine Allure

Today

What is 1507 worth today?

Last sold for AED 1,285,000 in 2024

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29 Aug 2025

29 Aug 2025RentedRenewal

AED 93,000/yr12 months · AED 95 per sqft

29 Aug 2024

29 Aug 2024RentedNew contract

AED 90,000/yr12 months · AED 92 per sqft

27 Jun 2024

27 Jun 2024SoldReady

AED 1,285,000AED 1,313 per sqft

28 Aug 2023

28 Aug 2023RentedNew contract

AED 90,000/yr12 months · AED 92 per sqft

20 Jul 2022

20 Jul 2022RentedRenewal

AED 71,807/yr12 months · AED 74 per sqft

20 Jul 2021

20 Jul 2021RentedRenewal

AED 68,000/yr12 months · AED 69 per sqft

6 Jul 2020

6 Jul 2020RentedRenewal

AED 68,000/yr12 months · AED 69 per sqft

6 Jul 2019

6 Jul 2019RentedNew contract

AED 75,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.

Key facts

Type: 1-bed apartment
Size: 978 sqft
Floor: 15th of 19
Parking: P3-17
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.29M · June 2024
Building: Majestine Allure

About 1507, Majestine Allure

1507 is a one-bedroom apartment of 978 sqft on the 15th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 27 June 2024 for AED 1,285,000, or AED 1,313 per sqft, 24% below the AED 1,731 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 93,000 a year: a gross yield of 7.2% on the 2024 price.

Sales and rents for 1507 over time

Sales

Unit 1507, each saleTypical one-bed in Majestine Allure

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1507, each contractTypical one-bed in Majestine Allure

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

1-beds in Majestine Allure, and where 1507 sits

All 142 1-beds →

1-beds in Majestine Allure · last 12 months1,494 /sqft Majestine Allure · all types1,702 /sqft

1507 last sold in June 2024 at AED 1,313 per sqft, 24% below what one-beds in Majestine Allure were fetching at the time (AED 1,731). Over the last 12 months one-beds sold for AED 1,250,000 to 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 1507's AED 93,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Jan 202616 January 2026	894 sqft	1,350,000	1,510
24 Jul 202524 July 2025	853 sqft	1,180,000	1,382
22 Jul 202522 July 2025	786 sqft	1,275,000	1,621
16 Jul 202516 July 2025	1,000 sqft	1,250,000	1,250

3 1-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 15th floor

All 497 units in Majestine Allure


1501	Studio	125 sqft	AED 1.19MAED 1,188,450 · Jan 2015January 2015	65,000 /yr
1502	2-bed	1,304 sqft	AED 2.48MAED 2,483,300 · Jun 2015June 2015	99,000 /yr
1503	Studio	459 sqft	AED 550KAED 550,000 · Jun 2021June 2021	64,652 /yr
1504	2-bed	1,608 sqft	AED 2.86MAED 2,864,640 · Apr 2023April 2023	130,000 /yr
1505	2-bed	1,491 sqft	AED 1.98MAED 1,981,400 · Jun 2025June 2025	135,000 /yr
1506	2-bed	1,352 sqft	AED 2.99MAED 2,993,450 · Apr 2015April 2015	160,000 /yr
1508	1-bed	890 sqft	AED 1.93MAED 1,929,450 · Aug 2014August 2014	100,000 /yr
1509	Studio	607 sqft	AED 1.14MAED 1,141,700 · Nov 2018November 2018	66,000 /yr
1510	2-bed	1,242 sqft	AED 2.47MAED 2,468,100 · Dec 2014December 2014	140,000 /yr
1511	Studio	461 sqft	AED 904KAED 904,000 · Feb 2019February 2019	62,000 /yr
1512	1-bed	925 sqft	AED 2.07MAED 2,065,300 · Aug 2014August 2014	93,000 /yr
1513	Studio	447 sqft	AED 820KAED 820,000 · Nov 2024November 2024	60,000 /yr
1514		1,068 sqft	AED 1.5MAED 1,500,000 · Aug 2023August 2023	135,000 /yr
1515	3-bed	1,420 sqft	AED 2.43MAED 2,428,000 · Jan 2025January 2025	165,000 /yr
1516	1-bed	904 sqft	AED 1.67MAED 1,666,000 · Mar 2023March 2023
1517	Studio	481 sqft	AED 1.01MAED 1,014,600 · Oct 2015October 2015	63,000 /yr
1518	Studio	480 sqft	AED 1.02MAED 1,016,500 · Jun 2015June 2015	65,000 /yr
1519	Studio	481 sqft	AED 1.01MAED 1,012,700 · Dec 2014December 2014	36,000 /yr
1520	1-bed	897 sqft	AED 1.65MAED 1,654,240 · Jan 2023January 2023	65,000 /yr
1501A	Studio	496 sqft	AED 650KAED 650,000 · May 2022May 2022	63,823 /yr
1503A	Studio	453 sqft	AED 805KAED 805,000 · Feb 2024February 2024	72,000 /yr
1503B	1-bed	820 sqft	AED 1.24MAED 1,237,740 · Feb 2022February 2022	100,000 /yr
1511A	Studio	461 sqft	AED 1.07MAED 1,070,000 · Feb 2015February 2015
1513A	1-bed	894 sqft	AED 1.3MAED 1,300,000 · Dec 2023December 2023	105,000 /yr
1513B	Studio	456 sqft	AED 870KAED 870,000 · Jan 2023January 2023	70,000 /yr
1517A	Studio	478 sqft	AED 1.01MAED 1,010,800 · Oct 2015October 2015	67,000 /yr
1518A	Studio	479 sqft	AED 750KAED 750,000 · Dec 2025December 2025	45,000 /yr
1519A	Studio	466 sqft	AED 1.03MAED 1,026,950 · Apr 2015April 2015	65,000 /yr

1–7 of 28

1507, Majestine Allure in numbers

Sold twice: first on 6 August 2014 for AED 1,793,600, last on 27 June 2024 for AED 1,285,000 (AED 1,313 per sqft).
Rented since July 2019 on 7 Ejari contracts, from AED 75,000 to AED 93,000 a year.
At AED 93,000 a year the gross yield on the 2024 price is 7.2%.
One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 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 29 August 2025.

Questions about 1507, Majestine Allure

What did unit 1507 last sell for?

AED 1,285,000 on 27 June 2024: AED 1,313 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,793,600 in August 2014.

What is the rent for unit 1507?

AED 93,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2024, was AED 90,000; the unit has been rented since July 2019.

How big is unit 1507?

978 sqft (90.9 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,350,000 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 1507, Majestine Allure

Starts from the last sale price (AED 1.29M, 27 June 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,285,000
Deposit, UAE resident (20%): AED 257,000
Deposit, non-resident (40%): AED 514,000
Monthly over 25 years at 3.7%: AED 5,257

Plus AED 58,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →