1007, Mayfair Tower
Sold prices and rental history: sold 4 times, last in August 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Mayfair Tower
What is 1007 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 576 sqft
- Floor
- 10th of 17
- Parking
- B2-42
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 820K · August 2017
- Building
- Mayfair Tower
About 1007, Mayfair Tower
1007 is a one-bedroom apartment of 576 sqft on the 10th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 2 August 2017 for AED 820,000, or AED 1,423 per sqft, 9% above the AED 1,303 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 4 November 2020, is AED 40,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1007 over time
1007 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mayfair Tower, and where 1007 sits
All 202 1-beds →1007 last sold in August 2017 at AED 1,423 per sqft, 9% above what one-beds in Mayfair Tower were fetching at the time (AED 1,303). Over the last 12 months one-beds sold for AED 810,000 to 1,113,296, around AED 1,394 per sqft, and rent for AED 58,000 to 104,000 a year. 1007's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 807 sqft | 1,000,000 | 1,239 | ||
| 19 Aug 202619 August 2026 | 807 sqft | 1,100,000 | 1,363 | ||
| 20 Jul 202620 July 2026 | 569 sqft | 810,000 | 1,423 | ||
| 6 May 20266 May 2026 | 627 sqft | 875,000 | 1,394 |
Mayfair Tower
Building215 apartments, 1-bed to 2-bed over 17 floors in Business Bay, completed in 2011 by Deyaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,394
- Typical sale
- AED 1M
- Typical rent
- AED 70K /yr
- Typical yield
- 7.9%
Other units on the 10th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 574 sqft | AED 850KAED 850,000 · Jun 2017June 2017 | 48,000 /yr | |
| 1002 | 1-bed | 805 sqft | AED 1.05MAED 1,050,000 · Jul 2017July 2017 | 81,034 /yr | |
| 1003 | 1-bed | 574 sqft | AED 530KAED 530,000 · Sep 2020September 2020 | 75,000 /yr | |
| 1004 | 1-bed | 807 sqft | AED 1.02MAED 1,020,000 · Aug 2017August 2017 | 44,000 /yr | |
| 1005 | 1-bed | 569 sqft | AED 800KAED 800,000 · Apr 2017April 2017 | 72,000 /yr | |
| 1006 | 1-bed | 576 sqft | AED 600KAED 600,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1008 | 1-bed | 569 sqft | AED 789KAED 789,000 · Aug 2017August 2017 | 62,000 /yr | |
| 1009 | 1-bed | 807 sqft | AED 703KAED 703,339 · Dec 2022December 2022 | 38,000 /yr | |
| 1010 | 1-bed | 574 sqft | AED 570KAED 570,000 · Sep 2022September 2022 | 70,000 /yr | |
| 1011 | 1-bed | 804 sqft | AED 730KAED 730,000 · May 2023May 2023 | 75,000 /yr | |
| 1012 | 1-bed | 619 sqft | AED 720KAED 720,000 · Aug 2023August 2023 | 74,400 /yr | |
| 1013 | 1-bed | 627 sqft | AED 870KAED 870,000 · May 2017May 2017 | 20,000 /yr | |
| 1014 | 1-bed | 627 sqft | AED 910KAED 910,000 · Jun 2017June 2017 | 58,443 /yr |
1007, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 786,776, last on 2 August 2017 for AED 820,000 (AED 1,423 per sqft).
- Rented since January 2015 on 3 Ejari contracts, from AED 65,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 9,300 a year (AED 16.23 per sqft).
- One-beds in Mayfair Tower sold for AED 810,000–1,113,296 in the 12 months to November 2026; the building's median across all types is AED 1,394 per sqft.
Source: Dubai Land Department. Updated 4 November 2020.
Questions about 1007, Mayfair Tower
What did unit 1007 last sell for?
AED 820,000 on 2 August 2017: AED 1,423 per sqft for 576 sqft. The unit has 4 registered sales; the first was AED 786,776 in June 2009.
What is the rent for unit 1007?
AED 40,000 a year on the contract signed on 4 November 2020. The previous contract, from March 2017, was AED 65,000; the unit has been rented since January 2015.
How big is unit 1007?
576 sqft (53.5 sqm): a one-bedroom apartment on the 10th floor of a 17-storey tower completed in 2011.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Tower sold for AED 810,000 to 1,113,296 in the last 12 months, around AED 1,394 per sqft.
Selling 1007? 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.
Mortgage on 1007, Mayfair Tower
Starts from the last sale price (AED 820K, 2 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →