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1-bed · 820 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1703B, Majestine Allure

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703B · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 1.55M29 October 2015
Current rentAED 95K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703B, Majestine Allure

What is 1703B worth today?

Last sold for AED 1,550,000 in 2015

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8 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 116 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,550,000AED 1,889 per sqft

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

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
17th of 19
Parking
P3-71
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.55M · October 2015
Building
Majestine Allure

About 1703B, Majestine Allure

1703B is a one-bedroom apartment of 820 sqft on the 17th 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 1,550,000, or AED 1,889 per sqft, in line with the AED 1,919 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 March 2025. The current contract, signed on 8 March 2025, is AED 95,000 a year: a gross yield of 6.1% on the 2015 price.

Sales and rents for 1703B over time

Sales
Unit 1703B, 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, October 2015: AED 1,550,000 (AED 1,889 per sqft)

1703B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703B, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical 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, March 2025: AED 95,000 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 1703B sits

All 142 1-beds →

1703B last sold in October 2015 at AED 1,889 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,919). 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. 1703B's AED 95,000 is in the lower 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 17th floor

All 497 units in Majestine Allure
Value
1701StudioAED 1.1M · Aug 2015
1702StudioAED 1M · Oct 2015
1703StudioAED 862K · Jan 2023
1704StudioAED 1.1M · Nov 2018
1705StudioAED 690K · Apr 2023
1706StudioAED 1.03M · Jul 2017
17071-bedAED 1.28M · Mar 2023
1–7 of 34

1703B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 29 October 2015 for AED 1,550,000, or AED 1,889 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2015 price is 6.1%.
  • 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 8 March 2025.

Questions about 1703B, Majestine Allure

What did unit 1703B last sell for?

AED 1,550,000 on 29 October 2015, sold by the developer: AED 1,889 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703B?

AED 95,000 a year on the contract signed on 8 March 2025.

How big is unit 1703B?

820 sqft (76.2 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1703B 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 1703B, Majestine Allure

Starts from the last sale price (AED 1.55M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →