1,068 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1514, Majestine Allure

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 1.5M3 August 2023
Current rentAED 135K /yr8 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Majestine Allure

What is 1514 worth today?

Last sold for AED 1,500,000 in 2023

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8 May 2025RentedRenewal
AED 135,000/yr12 months · AED 127 per sqft
8 May 2024RentedNew contract
AED 135,000/yr12 months · AED 127 per sqft
1 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 117 per sqft
3 Aug 2023SoldReady
AED 1,500,000AED 1,403 per sqft
20 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
28 Dec 2021SoldReady
AED 1,250,000AED 1,169 per sqft
22 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 80 per sqft
28 Oct 2015Sold by developerOff-plan
AED 2,160,300AED 2,021 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.

Key facts

Type
Apartment
Size
1,068 sqft
Floor
15th of 19
Parking
P3-25
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.5M · August 2023

About 1514, Majestine Allure

1514 is an apartment of 1,068 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 3 August 2023 for AED 1,500,000, or AED 1,403 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 8 May 2025, is AED 135,000 a year: a gross yield of 9.0% on the 2023 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 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

1514, Majestine Allure in numbers

  • Sold 3 times: first on 28 October 2015 for AED 2,160,300, last on 3 August 2023 for AED 1,500,000 (AED 1,403 per sqft).
  • Rented since September 2021 on 5 Ejari contracts, from AED 85,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 9.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.

Questions about 1514, Majestine Allure

What did unit 1514 last sell for?

AED 1,500,000 on 3 August 2023: AED 1,403 per sqft for 1,068 sqft. The unit has 3 registered sales; the first was AED 2,160,300 in October 2015.

What is the rent for unit 1514?

AED 135,000 a year on the contract renewed on 8 May 2025. The previous contract, from May 2024, was AED 135,000; the unit has been rented since September 2021.

How big is unit 1514?

1,068 sqft (99.2 sqm): an apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1514 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 1514, Majestine Allure

Starts from the last sale price (AED 1.5M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →