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1-bed · 925 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1512, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 2.07M5 August 2014
Current rentAED 93K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Majestine Allure

What is 1512 worth today?

Last sold for AED 2,065,300 in 2014

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12 Jan 2026RentedNew contract
AED 93,000/yr12 months · AED 101 per sqft
10 Feb 2022RentedNew contract
AED 62,700/yr12 months · AED 68 per sqft
10 Feb 2021RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
5 Aug 2014Sold by developerOff-plan
AED 2,065,300AED 2,233 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2026.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
15th of 19
Parking
P3-21
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.07M · August 2014
Building
Majestine Allure

About 1512, Majestine Allure

1512 is a one-bedroom apartment of 925 sqft on the 15th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 5 August 2014 for AED 2,065,300, or AED 2,233 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 12 January 2026, is AED 93,000 a year: a gross yield of 4.5% on the 2014 price.

Sales and rents for 1512 over time

Sales
Unit 1512, each saleTypical one-bed in Majestine Allure
1M2M20142017202020232026Typical sale price by year: 2014 AED 1,784,100; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,553,310; 2019 AED 1,696,500; 2021 AED 950,000; 2022 AED 1,295,000; 2023 AED 1,658,000; 2024 AED 1,320,000; 2025 AED 1,250,000Sold by developer, August 2014: AED 2,065,300 (AED 2,233 per sqft)

1512 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1512, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 63,750; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 88,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 96,500New contract, February 2021: AED 57,000 a yearNew contract, February 2022: AED 62,700 a yearNew contract, January 2026: AED 93,000 a year

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 1512 sits

All 142 1-beds →

Over the last 12 months one-beds sold for AED 1,330,000 to 1,350,000, around AED 1,502 per sqft, and rent for AED 84,000 to 120,000 a year. 1512's AED 93,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,350,000
24 Jul 20251,180,000
22 Jul 20251,275,000
16 Jul 20251,250,000
2 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. 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 15th floor

All 497 units in Majestine Allure
Value
1501StudioAED 1.19M · Jan 2015
15022-bedAED 2.48M · Jun 2015
1503StudioAED 550K · Jun 2021
15042-bedAED 2.86M · Apr 2023
15052-bedAED 1.98M · Jun 2025
15062-bedAED 2.99M · Apr 2015
15071-bedAED 1.29M · Jun 2024
1–7 of 28

1512, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 5 August 2014 for AED 2,065,300, or AED 2,233 per sqft.
  • Rented since February 2021 on 3 Ejari contracts, from AED 57,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2014 price is 4.5%.
  • One-beds in Majestine Allure sold for AED 1,330,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,715 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2026.

Questions about 1512, Majestine Allure

What did unit 1512 last sell for?

AED 2,065,300 on 5 August 2014, sold by the developer: AED 2,233 per sqft for 925 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 93,000 a year on the contract signed on 12 January 2026. The previous contract, from February 2022, was AED 62,700; the unit has been rented since February 2021.

How big is unit 1512?

925 sqft (85.9 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1512 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 1,330,000 to 1,350,000 in the last 12 months, around AED 1,502 per sqft.

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Mortgage on 1512, Majestine Allure

Starts from the last sale price (AED 2.07M, 5 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,065,300
Deposit, UAE resident (20%)
AED 413,060
Deposit, non-resident (40%)
AED 826,120
Monthly over 25 years at 3.7%
AED 8,450

Plus AED 91,753 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →