103, Mayfair Tower
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 103, Mayfair Tower
What is 103 worth today?
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Source: Dubai Land Department. Updated 26 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 825 sqft
- Floor
- 1st of 17
- Parking
- B2-65
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,400 /yr
- Last sold
- AED 740K · May 2023
- Building
- Mayfair Tower
About 103, Mayfair Tower
103 is a one-bedroom apartment of 825 sqft on the 1st floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 26 May 2023 for AED 740,000, or AED 897 per sqft, 5% below the AED 944 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 February 2021, is AED 63,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 13,400 a year.
Sales and rents for 103 over time
103 has sold once; 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 103 sits
All 202 1-beds →103 last sold in May 2023 at AED 897 per sqft, 5% below what one-beds in Mayfair Tower were fetching at the time (AED 944). 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. 103's AED 63,000 is in the lower half 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 1st floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 913 sqft | AED 1.08MAED 1,075,278 · Mar 2014March 2014 | 60,000 /yr | |
| 102 | 1-bed | 1,284 sqft | AED 1.36MAED 1,356,587 · Mar 2014March 2014 | 58,000 /yr | |
| 104 | 1-bed | 1,288 sqft | AED 1.2MAED 1,204,556 · Oct 2012October 2012 | ||
| 105 | 1-bed | 897 sqft | AED 1.11MAED 1,109,168 · Jan 2014January 2014 | 65,000 /yr | |
| 106 | 1-bed | 906 sqft | AED 950KAED 950,000 · Dec 2014December 2014 | 64,641 /yr | |
| 107 | 1-bed | 906 sqft | AED 1MAED 1,000,000 · Oct 2017October 2017 | 50,000 /yr | |
| 108 | 1-bed | 897 sqft | AED 460KAED 460,000 · Feb 2012February 2012 | 63,000 /yr | |
| 109 | 1-bed | 807 sqft | AED 1.02MAED 1,021,527 · Mar 2014March 2014 | 48,963 /yr | |
| 110 | 1-bed | 575 sqft | AED 824KAED 824,439 · Jan 2014January 2014 | 54,000 /yr | |
| 111 | 1-bed | 806 sqft | AED 1.02MAED 1,020,855 · Mar 2014March 2014 | 66,000 /yr | |
| 112 | 1-bed | 999 sqft | AED 520KAED 520,000 · Jul 2012July 2012 | 62,489 /yr | |
| 113 | 1-bed | 871 sqft | AED 1.05MAED 1,050,000 · Apr 2015April 2015 | 90,000 /yr | |
| 114 | 1-bed | 870 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 67,000 /yr |
103, Mayfair Tower in numbers
- Sold once: by Deyaar on 26 May 2023 for AED 740,000, or AED 897 per sqft.
- Rented since December 2013 on 4 Ejari contracts, from AED 80,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 13,400 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 26 May 2023.
Questions about 103, Mayfair Tower
What did unit 103 last sell for?
AED 740,000 on 26 May 2023, sold by the developer: AED 897 per sqft for 825 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 63,000 a year on the contract signed on 1 February 2021. The previous contract, from November 2018, was AED 63,000; the unit has been rented since December 2013.
How big is unit 103?
825 sqft (76.6 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.
What is unit 103 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 103, Mayfair Tower
Starts from the last sale price (AED 740K, 26 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →