1-bed · 863 sqftMajestine Allure, Business Bay · 19th floor · completed 2018

1913, Majestine Allure

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1913 · DLD and Ejari recordsUpdated 22 December 2024
Last soldAED 1.59M9 May 2018
Current rentAED 115K /yr22 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1913, Majestine Allure

What is 1913 worth today?

Last sold for AED 1,587,317 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Dec 2024RentedNew contract
AED 115,000/yr12 months · AED 134 per sqft
22 Feb 2024RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft
10 Dec 2022RentedNew contract
AED 83,077/yr13 months · AED 96 per sqft
7 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
2 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
9 May 2018Sold by developerOff-plan
AED 1,587,317AED 1,838 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2024.

Key facts

Type
1-bed hotel apartment
Size
863 sqft
Floor
19th of 19
Parking
P3-143
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.59M · May 2018

About 1913, Majestine Allure

1913 is a one-bedroom hotel apartment of 863 sqft on the 19th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 9 May 2018 for AED 1,587,317, or AED 1,838 per sqft, 6% above the AED 1,738 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 22 December 2024, is AED 115,000 a year: a gross yield of 7.2% on the 2018 price.

Sales and rents for 1913 over time

Sales
Unit 1913, 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, May 2018: AED 1,587,317 (AED 1,838 per sqft)

1913 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1913, each contractTypical one-bed in Majestine Allure
75K100K20192021202320252027Typical 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, December 2020: AED 60,000 a yearNew contract, December 2021: AED 75,000 a yearNew contract, December 2022: AED 83,077 a yearNew contract, February 2024: AED 110,000 a yearNew contract, December 2024: AED 115,000 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 1913 sits

All 142 1-beds →

1913 last sold in May 2018 at AED 1,838 per sqft, 6% above what one-beds in Majestine Allure were fetching at the time (AED 1,738). Over the last 12 months one-beds sold for AED 1,250,000 to 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 1913's AED 115,000 is in the upper 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
3 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. 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 19th floor

All 497 units in Majestine Allure
Value
19011-bedAED 1.65M · Oct 2024
1902StudioAED 570K · May 2021
19031-bedAED 1.34M · Jul 2019
19043-bedAED 2.91M · Oct 2018
19051-bedAED 1.45M · Nov 2019
19061-bedAED 950K · Dec 2021
19071-bedAED 1.25M · Feb 2025
1–7 of 22

1913, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 May 2018 for AED 1,587,317, or AED 1,838 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 60,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 7.2%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 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 22 December 2024.

Questions about 1913, Majestine Allure

What did unit 1913 last sell for?

AED 1,587,317 on 9 May 2018, sold by the developer: AED 1,838 per sqft for 863 sqft. It is the only registered sale of the unit.

What is the rent for unit 1913?

AED 115,000 a year on the contract signed on 22 December 2024. The previous contract, from February 2024, was AED 110,000; the unit has been rented since December 2020.

How big is unit 1913?

863 sqft (80.2 sqm): a one-bedroom hotel apartment on the 19th floor of a 19-storey tower completed in 2018.

What is unit 1913 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 1,250,000 to 1,350,000 in the last 12 months, around AED 1,494 per sqft.

Selling 1913? 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.

How OpenOffers works

Mortgage on 1913, Majestine Allure

Starts from the last sale price (AED 1.59M, 9 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,587,317
Deposit, UAE resident (20%)
AED 317,463
Deposit, non-resident (40%)
AED 634,927
Monthly over 25 years at 3.7%
AED 6,494

Plus AED 71,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →