3-bed · 1,420 sqftMajestine Allure, Business Bay · 19th floor · completed 2018

1915, Majestine Allure

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1915 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 2.18M15 October 2018
Current rentAED 175K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1915, Majestine Allure

What is 1915 worth today?

Last sold for AED 2,175,800 in 2018

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9 Nov 2024RentedNew contract
AED 175,450/yr12 months · AED 123 per sqft
10 Nov 2023RentedRenewal
AED 159,500/yr12 months · AED 112 per sqft
10 Nov 2022RentedNew contract
AED 145,000/yr12 months · AED 102 per sqft
10 Nov 2021RentedNew contract
AED 123,500/yr12 months · AED 87 per sqft
10 Nov 2020RentedNew contract
AED 98,000/yr12 months · AED 69 per sqft
25 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
15 Oct 2018Sold by developerReady
AED 2,175,800AED 1,532 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 November 2024.

Key facts

Type
3-bed apartment
Size
1,420 sqft
Floor
19th of 19
Parking
P3-109, P3-113
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.18M · October 2018

About 1915, Majestine Allure

1915 is a three-bedroom apartment of 1,420 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 15 October 2018 for AED 2,175,800, or AED 1,532 per sqft, 7% below the AED 1,654 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 9 November 2024, is AED 175,450 a year: a gross yield of 8.1% on the 2018 price.

Sales and rents for 1915 over time

Sales
Unit 1915, 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, October 2018: AED 2,175,800 (AED 1,532 per sqft)

1915 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1915, 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, June 2019: AED 120,000 a yearNew contract, November 2020: AED 98,000 a yearNew contract, November 2021: AED 123,500 a yearNew contract, November 2022: AED 145,000 a yearRenewal, November 2023: AED 159,500 a yearNew contract, November 2024: AED 175,450 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 1915 sits

All 20 3-beds →

1915 last sold in October 2018 at AED 1,532 per sqft, 7% below 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. 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 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

1915, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 15 October 2018 for AED 2,175,800, or AED 1,532 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 98,000 in 2020 and recovered to AED 175,450 by November 2024.
  • At AED 175,450 a year the gross yield on the 2018 price is 8.1%.
  • 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 9 November 2024.

Questions about 1915, Majestine Allure

What did unit 1915 last sell for?

AED 2,175,800 on 15 October 2018, sold by the developer: AED 1,532 per sqft for 1,420 sqft. It is the only registered sale of the unit.

What is the rent for unit 1915?

AED 175,450 a year on the contract signed on 9 November 2024. The previous contract, from November 2023, was AED 159,500; the unit has been rented since June 2019.

How big is unit 1915?

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

What is unit 1915 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 1915, Majestine Allure

Starts from the last sale price (AED 2.18M, 15 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,800
Deposit, UAE resident (20%)
AED 435,160
Deposit, non-resident (40%)
AED 870,320
Monthly over 25 years at 3.7%
AED 8,902

Plus AED 96,394 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →