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1-bed · 1,034 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1604A, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604A · DLD and Ejari recordsUpdated 30 March 2025
Last soldAED 1.84M24 December 2018
Current rentAED 105K /yr30 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604A, Majestine Allure

What is 1604A worth today?

Last sold for AED 1,837,000 in 2018

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30 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 102 per sqft
20 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
1 Apr 2022RentedNew contract
AED 57,000/yr12 months · AED 55 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
24 Dec 2018Sold by developerReady
AED 1,837,000AED 1,777 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 March 2025.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
16th of 19
Parking
P3-41
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.84M · December 2018
Building
Majestine Allure

About 1604A, Majestine Allure

1604A is a one-bedroom apartment of 1,034 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 24 December 2018 for AED 1,837,000, or AED 1,777 per sqft, in line with the AED 1,743 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 30 March 2025, is AED 105,000 a year: a gross yield of 5.7% on the 2018 price.

Sales and rents for 1604A over time

Sales
Unit 1604A, each saleTypical one-bed in Majestine Allure
1M1.5M20142017202020232026Typical 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, December 2018: AED 1,837,000 (AED 1,777 per sqft)

1604A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604A, each contractTypical one-bed in Majestine Allure
50K75K100K20192021202320252027Typical 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, December 2020: AED 75,000 a yearNew contract, April 2022: AED 57,000 a yearNew contract, March 2024: AED 100,000 a yearNew contract, March 2025: AED 105,000 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 1604A sits

All 142 1-beds →

1604A last sold in December 2018 at AED 1,777 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,743). 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. 1604A's AED 105,000 is in the upper 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 16th floor

All 497 units in Majestine Allure
Value
1601StudioAED 650K · Sep 2022
1602StudioAED 1.03M · Feb 2015
1603StudioAED 1M · Aug 2015
1604StudioAED 1.26M · Nov 2017
1605StudioAED 800K · Feb 2022
16062-bedAED 2.99M · Aug 2015
16071-bedAED 1.98M · Jan 2015
1–7 of 33

1604A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 24 December 2018 for AED 1,837,000, or AED 1,777 per sqft.
  • Rented since December 2020 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 57,000 in 2022 and recovered to AED 105,000 by March 2025.
  • At AED 105,000 a year the gross yield on the 2018 price is 5.7%.
  • 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 30 March 2025.

Questions about 1604A, Majestine Allure

What did unit 1604A last sell for?

AED 1,837,000 on 24 December 2018, sold by the developer: AED 1,777 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604A?

AED 105,000 a year on the contract signed on 30 March 2025. The previous contract, from March 2024, was AED 100,000; the unit has been rented since December 2020.

How big is unit 1604A?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1604A 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 1604A, Majestine Allure

Starts from the last sale price (AED 1.84M, 24 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,837,000
Deposit, UAE resident (20%)
AED 367,400
Deposit, non-resident (40%)
AED 734,800
Monthly over 25 years at 3.7%
AED 7,516

Plus AED 82,164 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →