1603B, Majestine Allure
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603B, Majestine Allure
What is 1603B worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 820 sqft
- Floor
- 16th of 19
- Parking
- P3-40
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.43M · October 2018
- Building
- Majestine Allure
About 1603B, Majestine Allure
1603B is a one-bedroom apartment of 820 sqft on the 16th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 15 October 2018 for AED 1,426,880, or AED 1,739 per sqft, in line with the AED 1,744 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 2 October 2025, is AED 100,000 a year: a gross yield of 7.0% on the 2018 price.
Sales and rents for 1603B over time
1603B has sold once; the dashed line is the one-bed median of each year in the building.
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 1603B sits
All 142 1-beds →1603B last sold in October 2018 at AED 1,739 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,744). 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. 1603B's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Majestine Allure
Building497 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%
Other units on the 16th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 499 sqft | AED 650KAED 650,000 · Sep 2022September 2022 | 64,615 /yr | |
| 1602 | Studio | 474 sqft | AED 1.03MAED 1,032,650 · Feb 2015February 2015 | 72,000 /yr | |
| 1603 | Studio | 459 sqft | AED 1MAED 1,000,000 · Aug 2015August 2015 | 70,350 /yr | |
| 1604 | Studio | 572 sqft | AED 1.26MAED 1,259,000 · Nov 2017November 2017 | 70,000 /yr | |
| 1605 | Studio | 489 sqft | AED 800KAED 800,000 · Feb 2022February 2022 | 62,000 /yr | |
| 1606 | 2-bed | 1,357 sqft | AED 2.99MAED 2,991,550 · Aug 2015August 2015 | 125,000 /yr | |
| 1607 | 1-bed | 978 sqft | AED 1.98MAED 1,978,850 · Jan 2015January 2015 | 100,000 /yr | |
| 1608 | 1-bed | 890 sqft | AED 1.55MAED 1,553,310 · Aug 2018August 2018 | 92,000 /yr | |
| 1609 | Studio | 612 sqft | AED 1.11MAED 1,110,340 · Jan 2023January 2023 | 70,000 /yr | |
| 1610 | 2-bed | 1,247 sqft | AED 2.46MAED 2,461,450 · Dec 2014December 2014 | 147,000 /yr | |
| 1611 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Oct 2015October 2015 | 60,000 /yr | |
| 1612 | Studio | 475 sqft | AED 1.05MAED 1,047,850 · Jan 2015January 2015 | 78,000 /yr | |
| 1613 | Studio | 447 sqft | AED 600KAED 600,000 · Nov 2019November 2019 | 63,000 /yr | |
| 1614 | 2-bed | 1,068 sqft | AED 2.16MAED 2,160,300 · Aug 2015August 2015 | 127,000 /yr | |
| 1615 | 3-bed | 1,420 sqft | AED 2.34MAED 2,337,390 · Jul 2018July 2018 | 160,000 /yr | |
| 1616 | Studio | 430 sqft | AED 650KAED 650,000 · Feb 2023February 2023 | 65,000 /yr | |
| 1617 | Studio | 481 sqft | AED 1.02MAED 1,018,400 · Aug 2015August 2015 | ||
| 1618 | Studio | 480 sqft | AED 1.01MAED 1,012,700 · Jan 2015January 2015 | 60,000 /yr | |
| 1619 | Studio | 479 sqft | AED 835KAED 835,000 · Mar 2025March 2025 | 60,000 /yr | |
| 1620 | 1-bed | 897 sqft | AED 1.73MAED 1,730,900 · Jun 2015June 2015 | 85,000 /yr | |
| 1601A | Studio | 497 sqft | AED 735KAED 735,000 · Mar 2023March 2023 | 44,000 /yr | |
| 1602A | 1-bed | 853 sqft | AED 1.62MAED 1,621,650 · Dec 2014December 2014 | 95,000 /yr | |
| 1603A | Studio | 453 sqft | AED 849KAED 848,680 · Sep 2022September 2022 | ||
| 1604A | 1-bed | 1,034 sqft | AED 1.84MAED 1,837,000 · Dec 2018December 2018 | 105,000 /yr | |
| 1605A | 1-bed | 1,003 sqft | AED 1.73MAED 1,732,640 · Jan 2019January 2019 | 70,000 /yr | |
| 1611A | Studio | 461 sqft | AED 1.06MAED 1,058,300 · Apr 2015April 2015 | 68,000 /yr | |
| 1612A | Studio | 457 sqft | AED 900KAED 900,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1613A | 1-bed | 894 sqft | AED 1.72MAED 1,719,000 · Aug 2016August 2016 | 95,000 /yr | |
| 1613B | Studio | 456 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 38,000 /yr | |
| 1616A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Sep 2015September 2015 | ||
| 1617A | Studio | 478 sqft | AED 1.01MAED 1,012,700 · Dec 2014December 2014 | 65,000 /yr | |
| 1618A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Jul 2015July 2015 | 65,000 /yr | |
| 1619A | Studio | 467 sqft | AED 630KAED 630,000 · Apr 2019April 2019 | 65,000 /yr |
1603B, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 15 October 2018 for AED 1,426,880, or AED 1,739 per sqft.
- Rented since April 2023 on 4 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2018 price is 7.0%.
- 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 2 October 2025.
Questions about 1603B, Majestine Allure
What did unit 1603B last sell for?
AED 1,426,880 on 15 October 2018, sold by the developer: AED 1,739 per sqft for 820 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603B?
AED 100,000 a year on the contract signed on 2 October 2025. The previous contract, from August 2024, was AED 100,000; the unit has been rented since April 2023.
How big is unit 1603B?
820 sqft (76.2 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.
What is unit 1603B 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 1603B, Majestine Allure
Starts from the last sale price (AED 1.43M, 15 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,426,880
- Deposit, UAE resident (20%)
- AED 285,376
- Deposit, non-resident (40%)
- AED 570,752
- Monthly over 25 years at 3.7%
- AED 5,838
Plus AED 64,939 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →