3-bed · 2,042 sqftMajestine Allure, Business Bay · 18th floor · completed 2018

1804, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.22M6 November 2019
Current rentAED 155K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Majestine Allure

What is 1804 worth today?

Last sold for AED 3,219,000 in 2019

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1 Nov 2024RentedNew contract
AED 155,000/yr36 months · AED 76 per sqft
6 Nov 2019Sold by developerReady
AED 3,219,000AED 1,576 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
3-bed apartment
Size
2,042 sqft
Floor
18th of 19
Parking
P3-106, P3-110
Developer
Business Tower Investment
Completed
2018
Last sold
AED 3.22M · November 2019

About 1804, Majestine Allure

1804 is a three-bedroom apartment of 2,042 sqft on the 18th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 6 November 2019 for AED 3,219,000, or AED 1,576 per sqft, 4% below the AED 1,649 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 155,000 a year: a gross yield of 4.8% on the 2019 price.

Sales and rents for 1804 over time

Sales
Unit 1804, 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 2019: AED 3,219,000 (AED 1,576 per sqft)

1804 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1804, 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, November 2024: AED 155,000 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 1804 sits

All 20 3-beds →

1804 last sold in November 2019 at AED 1,576 per sqft, 4% below what three-beds in Majestine Allure were fetching at the time (AED 1,649). 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. 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 18th floor

All 497 units in Majestine Allure
Value
18011-bedAED 1.89M · Oct 2015
1802StudioAED 959K · Jul 2016
18031-bedAED 1.6M · Nov 2019
18051-bedAED 1.77M · Dec 2022
18061-bedAED 1.87M · Oct 2015
18071-bedAED 1.85M · Oct 2015
18081-bedAED 1.32M · Dec 2024
1–7 of 22

1804, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 6 November 2019 for AED 3,219,000, or AED 1,576 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 4.8%.
  • 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 1,715 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Questions about 1804, Majestine Allure

What did unit 1804 last sell for?

AED 3,219,000 on 6 November 2019, sold by the developer: AED 1,576 per sqft for 2,042 sqft. It is the only registered sale of the unit.

What is the rent for unit 1804?

AED 155,000 a year on the contract signed on 1 November 2024.

How big is unit 1804?

2,042 sqft (189.7 sqm): a three-bedroom apartment on the 18th floor of a 19-storey tower completed in 2018.

What is unit 1804 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 1804, Majestine Allure

Starts from the last sale price (AED 3.22M, 6 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,219,000
Deposit, UAE resident (20%)
AED 643,800
Deposit, non-resident (40%)
AED 1,287,600
Monthly over 25 years at 3.7%
AED 13,170

Plus AED 140,208 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →