3-bed · 1,420 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1515, 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 January 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1515 · DLD and Ejari recordsUpdated 20 May 2025

Last soldAED 2.43M15 January 2025

Current rentAED 165K /yr20 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1515, Majestine Allure

Today

What is 1515 worth today?

Last sold for AED 2,428,000 in 2025

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20 May 2025

20 May 2025RentedNew contract

AED 165,000/yr12 months · AED 116 per sqft

15 Jan 2025

15 Jan 2025SoldReady

AED 2,428,000AED 1,709 per sqft

17 Dec 2023

17 Dec 2023RentedNew contract

AED 220,000/yr12 months · AED 156 per sqft

1 Oct 2022

1 Oct 2022RentedNew contract

AED 200,000/yr12 months · AED 141 per sqft

7 Jan 2022

7 Jan 2022RentedNew contract

AED 163,000/yr12 months · AED 115 per sqft

3 Jan 2022

3 Jan 2022Sold by developerReady

AED 2,027,000AED 1,427 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2025.

Key facts

Type: 3-bed apartment
Size: 1,420 sqft
Floor: 15th of 19
Parking: P3-95, P3-99
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 2.43M · January 2025
Building: Majestine Allure

About 1515, Majestine Allure

1515 is a three-bedroom apartment of 1,420 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 15 January 2025 for AED 2,428,000, or AED 1,709 per sqft, in line with the AED 1,709 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 May 2025, is AED 165,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 1515 over time

Sales

Unit 1515, each saleTypical three-bed in Majestine Allure

1515 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 1515, each contractTypical three-bed in Majestine Allure

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

3-beds in Majestine Allure, and where 1515 sits

All 20 3-beds →

3-beds in Majestine Allure · last 12 months1,689 /sqft Majestine Allure · all types1,715 /sqft

1515 last sold in January 2025 at AED 1,709 per sqft, in line with what three-beds in Majestine Allure were fetching at the time (AED 1,709). Over the last 12 months three-beds sold for AED 2,400,000, around AED 1,689 per sqft, and rent for AED 160,000 to 160,000 a year.

Recent 3-bed sales	Size	Price (AED)	Per sqft
16 Dec 202416 December 2024	1,794 sqft	2,500,000	1,393
11 Dec 202411 December 2024	1,420 sqft	2,500,000	1,760
14 Jun 202214 June 2022	1,420 sqft	1,865,000	1,313
9 Feb 20229 February 2022	1,794 sqft	2,309,860	1,287

1 3-bed sale 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


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
1507	1-bed	978 sqft	AED 1.29MAED 1,285,000 · Jun 2024June 2024	93,000 /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
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

1515, Majestine Allure in numbers

Sold twice: first on 3 January 2022 for AED 2,027,000, last on 15 January 2025 for AED 2,428,000 (AED 1,709 per sqft).
Rented since January 2022 on 4 Ejari contracts, from AED 163,000 to AED 165,000 a year.
At AED 165,000 a year the gross yield on the 2025 price is 6.8%.
Three-beds in Majestine Allure sold for AED 2,400,000–2,400,000 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 20 May 2025.

Questions about 1515, Majestine Allure

What did unit 1515 last sell for?

AED 2,428,000 on 15 January 2025: AED 1,709 per sqft for 1,420 sqft. The unit has 2 registered sales; the first was AED 2,027,000 in January 2022.

What is the rent for unit 1515?

AED 165,000 a year on the contract signed on 20 May 2025. The previous contract, from December 2023, was AED 220,000; the unit has been rented since January 2022.

How big is unit 1515?

1,420 sqft (131.9 sqm): a three-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Majestine Allure sold for AED 2,400,000 to 2,400,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 1515, Majestine Allure

Starts from the last sale price (AED 2.43M, 15 January 2025). Switch to today's estimate once you have unlocked it.

Price: AED 2,428,000
Deposit, UAE resident (20%): AED 485,600
Deposit, non-resident (40%): AED 971,200
Monthly over 25 years at 3.7%: AED 9,934

Plus AED 106,986 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →