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Studio · 886 sqftMajestine Allure, Business Bay · 18th floor · completed 2018

1809, Majestine Allure

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 1.42M13 May 2023
Current rentAED 70K /yr8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Majestine Allure

What is 1809 worth today?

Last sold for AED 1,421,980 in 2023

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8 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
8 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
13 May 2023Sold by developerReady
AED 1,421,980AED 1,605 per sqft

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

Key facts

Type
Studio apartment
Size
886 sqft
Floor
18th of 19
Parking
P1-50
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.42M · May 2023
Building
Majestine Allure

About 1809, Majestine Allure

1809 is a studio of 886 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 13 May 2023 for AED 1,421,980, or AED 1,605 per sqft, 6% above the AED 1,512 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 8 April 2025, is AED 70,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical studio in Majestine Allure
500K1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,059,250; 2018 AED 979,976; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 840,000; 2026 AED 830,000Sold by developer, May 2023: AED 1,421,980 (AED 1,605 per sqft)

1809 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1809, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 70,000New contract, April 2025: AED 70,000 a yearNew contract, April 2025: AED 70,000 a year

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 1809 sits

All 273 studios →

1809 last sold in May 2023 at AED 1,605 per sqft, 6% above what studios in Majestine Allure were fetching at the time (AED 1,512). 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. 1809's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Feb 2026814,000
29 Jan 2026830,000
27 Jan 2026860,000
27 Jan 2026820,000
8 studio 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. 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 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
18043-bedAED 3.22M · Nov 2019
18051-bedAED 1.77M · Dec 2022
18061-bedAED 1.87M · Oct 2015
18071-bedAED 1.85M · Oct 2015
1–7 of 22

1809, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 13 May 2023 for AED 1,421,980, or AED 1,605 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.9%.
  • 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 1,702 per sqft.

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

Questions about 1809, Majestine Allure

What did unit 1809 last sell for?

AED 1,421,980 on 13 May 2023, sold by the developer: AED 1,605 per sqft for 886 sqft. It is the only registered sale of the unit.

What is the rent for unit 1809?

AED 70,000 a year on the contract signed on 8 April 2025. The previous contract, from April 2025, was AED 70,000.

How big is unit 1809?

886 sqft (82.3 sqm): a studio on the 18th floor of a 19-storey tower completed in 2018.

What is unit 1809 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.

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Mortgage on 1809, Majestine Allure

Starts from the last sale price (AED 1.42M, 13 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,980
Deposit, UAE resident (20%)
AED 284,396
Deposit, non-resident (40%)
AED 568,792
Monthly over 25 years at 3.7%
AED 5,818

Plus AED 64,733 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →