1611, Majestine Allure
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1611, Majestine Allure
What is 1611 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 461 sqft
- Floor
- 16th of 19
- Parking
- P3-47
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.01M · October 2015
- Building
- Majestine Allure
About 1611, Majestine Allure
1611 is a studio of 461 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 29 October 2015 for AED 1,009,850, or AED 2,191 per sqft, in line with the AED 2,167 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 22 August 2024, is AED 60,000 a year: a gross yield of 5.9% on the 2015 price.
Sales and rents for 1611 over time
1611 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Majestine Allure, and where 1611 sits
All 273 studios →1611 last sold in October 2015 at AED 2,191 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,167). Over the last 12 months studios sold for AED 740,000 to 930,000, around AED 1,761 per sqft, and rent for AED 57,301 to 96,000 a year. 1611's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20261 February 2026 | 474 sqft | 814,000 | 1,715 | ||
| 29 Jan 202629 January 2026 | 479 sqft | 830,000 | 1,733 | ||
| 27 Jan 202627 January 2026 | 478 sqft | 860,000 | 1,797 | ||
| 27 Jan 202627 January 2026 | 456 sqft | 820,000 | 1,799 |
Majestine Allure
Building497 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%
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 | |
| 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 | ||
| 1603B | 1-bed | 820 sqft | AED 1.43MAED 1,426,880 · Oct 2018October 2018 | 100,000 /yr | |
| 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 |
1611, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 29 October 2015 for AED 1,009,850, or AED 2,191 per sqft.
- Rented since October 2019 on 5 Ejari contracts, from AED 50,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2015 price is 5.9%.
- Studios in Majestine Allure sold for AED 740,000–930,000 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 22 August 2024.
Questions about 1611, Majestine Allure
What did unit 1611 last sell for?
AED 1,009,850 on 29 October 2015, sold by the developer: AED 2,191 per sqft for 461 sqft. It is the only registered sale of the unit.
What is the rent for unit 1611?
AED 60,000 a year on the contract signed on 22 August 2024. The previous contract, from July 2023, was AED 55,000; the unit has been rented since October 2019.
How big is unit 1611?
461 sqft (42.8 sqm): a studio on the 16th floor of a 19-storey tower completed in 2018.
What is unit 1611 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 740,000 to 930,000 in the last 12 months, around AED 1,761 per sqft.
Selling 1611? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1611, Majestine Allure
Starts from the last sale price (AED 1.01M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,009,850
- Deposit, UAE resident (20%)
- AED 201,970
- Deposit, non-resident (40%)
- AED 403,940
- Monthly over 25 years at 3.7%
- AED 4,132
Plus AED 47,424 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →