1-bed · 804 sqftMayfair Tower, Business Bay · 10th floor · completed 2011

1011, Mayfair Tower

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 730K8 May 2023
Current rentAED 75K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Mayfair Tower

What is 1011 worth today?

Last sold for AED 730,000 in 2023

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1 Apr 2026RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
1 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
8 May 2023SoldReady
AED 730,000AED 908 per sqft
28 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
5 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
1 Jul 2020RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
12 Mar 2018RentedNew contract
AED 65,001/yr14 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
10th of 17
Parking
B2-46
Developer
Deyaar
Completed
2011
Service charge
AED 13,000 /yr
Last sold
AED 730K · May 2023

About 1011, Mayfair Tower

1011 is a one-bedroom apartment of 804 sqft on the 10th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 May 2023 for AED 730,000, or AED 908 per sqft, 3% below the AED 937 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 April 2026, is AED 75,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 831,809; 2010 AED 876,848; 2011 AED 615,402; 2012 AED 875,163; 2013 AED 851,281; 2014 AED 900,000; 2015 AED 862,500; 2016 AED 725,000; 2017 AED 850,000; 2019 AED 730,000; 2021 AED 530,000; 2022 AED 600,000; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 965,000; 2026 AED 1,000,000Sold by developer, June 2009: AED 1,101,247 (AED 1,369 per sqft)Sold, April 2012: AED 1,176,247 (AED 1,463 per sqft)Sold, April 2017: AED 882,683 (AED 1,097 per sqft)Sold, October 2017: AED 850,000 (AED 1,057 per sqft)Sold, May 2023: AED 730,000 (AED 908 per sqft)

1011 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, each contractTypical one-bed in Mayfair Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 35,077; 2013 AED 46,200; 2014 AED 52,800; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 54,000; 2020 AED 45,000; 2021 AED 41,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 70,000; 2026 AED 68,775New contract, November 2013: AED 45,600 a yearNew contract, January 2017: AED 70,000 a yearNew contract, March 2018: AED 65,001 a yearNew contract, July 2019: AED 55,000 a yearRenewal, July 2020: AED 48,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, September 2022: AED 55,000 a yearNew contract, April 2025: AED 70,000 a yearNew contract, April 2026: AED 75,000 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 Mayfair Tower, and where 1011 sits

All 202 1-beds →

1011 last sold in May 2023 at AED 908 per sqft, 3% below what one-beds in Mayfair Tower were fetching at the time (AED 937). 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. 1011's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,000,000
19 Aug 20261,100,000
20 Jul 2026810,000
6 May 2026875,000
9 1-bed sales in the last 12 months

Mayfair Tower

Building

215 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%
Mayfair Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 215 units in Mayfair Tower
Value
10011-bedAED 850K · Jun 2017
10021-bedAED 1.05M · Jul 2017
10031-bedAED 530K · Sep 2020
10041-bedAED 1.02M · Aug 2017
10051-bedAED 800K · Apr 2017
10061-bedAED 600K · Aug 2022
10071-bedAED 820K · Aug 2017
1–7 of 13

1011, Mayfair Tower in numbers

  • Sold 5 times: first on 11 June 2009 for AED 1,101,247, last on 8 May 2023 for AED 730,000 (AED 908 per sqft).
  • Rented since November 2013 on 9 Ejari contracts, from AED 45,600 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 13,000 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 1 April 2026.

Questions about 1011, Mayfair Tower

What did unit 1011 last sell for?

AED 730,000 on 8 May 2023: AED 908 per sqft for 804 sqft. The unit has 5 registered sales; the first was AED 1,101,247 in June 2009.

What is the rent for unit 1011?

AED 75,000 a year on the contract signed on 1 April 2026. The previous contract, from April 2025, was AED 70,000; the unit has been rented since November 2013.

How big is unit 1011?

804 sqft (74.7 sqm): a one-bedroom apartment on the 10th floor of a 17-storey tower completed in 2011.

What is unit 1011 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.

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Mortgage on 1011, Mayfair Tower

Starts from the last sale price (AED 730K, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →