3-bed · 1,420 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1715, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1715 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 2.34M20 November 2018
Current rentAED 160K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1715, Majestine Allure

What is 1715 worth today?

Last sold for AED 2,338,380 in 2018

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10 Apr 2025RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
20 Apr 2024RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
2 Jan 2023RentedRenewal
AED 117,702/yr12 months · AED 83 per sqft
2 Jan 2022RentedRenewal
AED 102,350/yr12 months · AED 72 per sqft
2 Jan 2021RentedNew contract
AED 89,000/yr12 months · AED 63 per sqft
20 Nov 2018Sold by developerReady
AED 2,338,380AED 1,646 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.

Key facts

Type
3-bed apartment
Size
1,420 sqft
Floor
17th of 19
Parking
P3-96, P3-100
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.34M · November 2018

About 1715, Majestine Allure

1715 is a three-bedroom apartment of 1,420 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 20 November 2018 for AED 2,338,380, or AED 1,646 per sqft, in line with the AED 1,654 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 April 2025, is AED 160,000 a year: a gross yield of 6.8% on the 2018 price.

Sales and rents for 1715 over time

Sales
Unit 1715, each saleTypical three-bed in Majestine Allure
2M3M2014201720202023Typical sale price by year: 2014 AED 3,601,950; 2015 AED 2,953,550; 2018 AED 2,349,000; 2022 AED 2,027,000Sold by developer, November 2018: AED 2,338,380 (AED 1,646 per sqft)

1715 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1715, each contractTypical three-bed in Majestine Allure
100K150K2019202120232025Typical rent by year: 2019 AED 115,000; 2020 AED 100,000; 2021 AED 108,000; 2022 AED 142,500; 2023 AED 155,000; 2024 AED 160,000; 2025 AED 160,000New contract, January 2021: AED 89,000 a yearRenewal, January 2022: AED 102,350 a yearRenewal, January 2023: AED 117,702 a yearNew contract, April 2024: AED 160,000 a yearNew contract, April 2025: AED 160,000 a year

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 1715 sits

All 20 3-beds →

1715 last sold in November 2018 at AED 1,646 per sqft, in line with what three-beds in Majestine Allure were fetching at the time (AED 1,654). 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 salesUnit no.Price (AED)Summary
15 Jan 20252,428,000
16 Dec 20242,500,000
11 Dec 20242,500,000
14 Jun 20221,865,000
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. 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%
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

1715, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 20 November 2018 for AED 2,338,380, or AED 1,646 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 89,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 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 1,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.

Questions about 1715, Majestine Allure

What did unit 1715 last sell for?

AED 2,338,380 on 20 November 2018, sold by the developer: AED 1,646 per sqft for 1,420 sqft. It is the only registered sale of the unit.

What is the rent for unit 1715?

AED 160,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2024, was AED 160,000; the unit has been rented since January 2021.

How big is unit 1715?

1,420 sqft (131.9 sqm): a three-bedroom apartment on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1715 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 1715, Majestine Allure

Starts from the last sale price (AED 2.34M, 20 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,338,380
Deposit, UAE resident (20%)
AED 467,676
Deposit, non-resident (40%)
AED 935,352
Monthly over 25 years at 3.7%
AED 9,567

Plus AED 103,222 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →