1-bed · 807 sqftMayfair Tower, Business Bay · 1st floor · completed 2011

109, Mayfair Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.02M19 March 2014
Current rentAED 49K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Mayfair Tower

What is 109 worth today?

Last sold for AED 1,021,527 in 2014

Unlock today's estimate, updated daily, with

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

15 Dec 2024RentedNew contract
AED 48,963/yr12 months · AED 61 per sqft
26 Feb 2020RentedNew contract
AED 47,000/yr12 months · AED 58 per sqft
30 Apr 2017RentedNew contract
AED 67,021/yr12 months · AED 83 per sqft
1 May 2014RentedNew contract
AED 55,400/yr12 months · AED 69 per sqft
19 Mar 2014Sold by developerReady
AED 1,021,527AED 1,266 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
1st of 17
Parking
B3-01
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.02M · March 2014

About 109, Mayfair Tower

109 is a one-bedroom apartment of 807 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 19 March 2014 for AED 1,021,527, or AED 1,266 per sqft, 11% below the AED 1,427 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 December 2024, is AED 48,963 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Mayfair Tower
500K750K1M2009201420192024Typical 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, March 2014: AED 1,021,527 (AED 1,266 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in Mayfair Tower
40K60K2012201620202024Typical 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, May 2014: AED 55,400 a yearNew contract, April 2017: AED 67,021 a yearNew contract, February 2020: AED 47,000 a yearNew contract, December 2024: AED 48,963 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 109 sits

All 202 1-beds →

109 last sold in March 2014 at AED 1,266 per sqft, 11% below what one-beds in Mayfair Tower were fetching at the time (AED 1,427). 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. 109's AED 48,963 is at the bottom 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 1st floor

All 215 units in Mayfair Tower
Value
1011-bedAED 1.08M · Mar 2014
1021-bedAED 1.36M · Mar 2014
1031-bedAED 740K · May 2023
1041-bedAED 1.2M · Oct 2012
1051-bedAED 1.11M · Jan 2014
1061-bedAED 950K · Dec 2014
1071-bedAED 1M · Oct 2017
1–7 of 13

109, Mayfair Tower in numbers

  • Sold once: by Deyaar on 19 March 2014 for AED 1,021,527, or AED 1,266 per sqft.
  • Rented since May 2014 on 4 Ejari contracts, from AED 55,400 to AED 48,963 a year.
  • At AED 48,963 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 13,100 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 15 December 2024.

Questions about 109, Mayfair Tower

What did unit 109 last sell for?

AED 1,021,527 on 19 March 2014, sold by the developer: AED 1,266 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 48,963 a year on the contract signed on 15 December 2024. The previous contract, from February 2020, was AED 47,000; the unit has been rented since May 2014.

How big is unit 109?

807 sqft (75.0 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.

What is unit 109 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 109? 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 109, Mayfair Tower

Starts from the last sale price (AED 1.02M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,021,527
Deposit, UAE resident (20%)
AED 204,305
Deposit, non-resident (40%)
AED 408,611
Monthly over 25 years at 3.7%
AED 4,179

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