1101, Mayfair Tower
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Mayfair Tower
What is 1101 worth today?
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Source: Dubai Land Department. Updated 19 September 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 11th of 17
- Parking
- B3-44
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 839K · May 2014
- Building
- Mayfair Tower
About 1101, Mayfair Tower
1101 is a one-bedroom apartment of 574 sqft on the 11th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 19 May 2014 for AED 838,775, or AED 1,461 per sqft, in line with the AED 1,430 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 19 September 2020, is AED 50,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1101 over time
1101 has sold twice; 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 1101 sits
All 202 1-beds →1101 last sold in May 2014 at AED 1,461 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,430). 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. 1101's AED 50,000 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 11th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 1-bed | 805 sqft | AED 1MAED 1,000,000 · Sep 2023September 2023 | 80,000 /yr | |
| 1103 | 1-bed | 574 sqft | AED 498KAED 497,889 · Jan 2013January 2013 | 70,000 /yr | |
| 1104 | 1-bed | 807 sqft | AED 652KAED 651,888 · Mar 2023March 2023 | 75,000 /yr | |
| 1105 | 1-bed | 569 sqft | AED 795KAED 795,383 · Oct 2013October 2013 | 62,000 /yr | |
| 1106 | 1-bed | 576 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 80,000 /yr | |
| 1107 | 1-bed | 576 sqft | AED 790KAED 789,826 · Jun 2009June 2009 | 65,000 /yr | |
| 1108 | 1-bed | 569 sqft | AED 950KAED 950,000 · Jul 2014July 2014 | 58,000 /yr | |
| 1109 | 1-bed | 807 sqft | AED 1.2MAED 1,200,000 · May 2014May 2014 | 72,000 /yr | |
| 1110 | 1-bed | 574 sqft | AED 828KAED 827,545 · Oct 2013October 2013 | 40,000 /yr | |
| 1111 | 1-bed | 804 sqft | AED 975KAED 975,000 · Oct 2024October 2024 | 80,000 /yr | |
| 1112 | 1-bed | 619 sqft | AED 868KAED 867,635 · Sep 2013September 2013 | 65,000 /yr | |
| 1113 | 1-bed | 627 sqft | AED 550KAED 550,000 · Oct 2012October 2012 | 70,000 /yr | |
| 1114 | 1-bed | 627 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 47,000 /yr |
1101, Mayfair Tower in numbers
- Sold twice: first on 14 May 2014 for AED 838,279, last on 19 May 2014 for AED 838,775 (AED 1,461 per sqft).
- Rented since April 2014 on 7 Ejari contracts, from AED 55,440 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2014 price is 6.0%, 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 19 September 2020.
Questions about 1101, Mayfair Tower
What did unit 1101 last sell for?
AED 838,775 on 19 May 2014: AED 1,461 per sqft for 574 sqft. The unit has 2 registered sales; the first was AED 838,279 in May 2014.
What is the rent for unit 1101?
AED 50,000 a year on the contract renewed on 19 September 2020. The previous contract, from September 2019, was AED 60,000; the unit has been rented since April 2014.
How big is unit 1101?
574 sqft (53.3 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2011.
What is unit 1101 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 1101, Mayfair Tower
Starts from the last sale price (AED 839K, 19 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 838,775
- Deposit, UAE resident (20%)
- AED 167,755
- Deposit, non-resident (40%)
- AED 335,510
- Monthly over 25 years at 3.7%
- AED 3,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →