1-bed · 569 sqftMayfair Tower, Business Bay · 11th floor · completed 2011

1108, Mayfair Tower

Sold prices and rental history: sold 4 times, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 28 April 2026
Last soldAED 950K13 July 2014
Current rentAED 58K /yr28 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Mayfair Tower

What is 1108 worth today?

Last sold for AED 950,000 in 2014

Unlock today's estimate, updated daily, with

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

28 Apr 2026RentedNew contract
AED 58,000/yr12 months · AED 102 per sqft
28 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft
1 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
14 Jan 2023RentedNew contract
AED 58,630/yr12 months · AED 103 per sqft
6 Feb 2022RentedNew contract
AED 47,000/yr12 months · AED 82 per sqft
2 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 70 per sqft
2 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
22 Nov 2017RentedNew contract
AED 62,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 28 April 2026.

Key facts

Type
1-bed apartment
Size
569 sqft
Floor
11th of 17
Parking
B3-48
Developer
Deyaar
Completed
2011
Service charge
AED 9,200 /yr
Last sold
AED 950K · July 2014

About 1108, Mayfair Tower

1108 is a one-bedroom apartment of 569 sqft on the 11th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 July 2014 for AED 950,000, or AED 1,669 per sqft, 15% above the AED 1,446 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 28 April 2026, is AED 58,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, June 2009: AED 790,383 (AED 1,388 per sqft)Sold, April 2014: AED 830,383 (AED 1,458 per sqft)Sold, May 2014: AED 700,000 (AED 1,229 per sqft)Sold, July 2014: AED 950,000 (AED 1,669 per sqft)

1108 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, 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, August 2014: AED 73,000 a yearNew contract, November 2017: AED 62,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 40,000 a yearNew contract, February 2022: AED 47,000 a yearNew contract, January 2023: AED 58,630 a yearNew contract, February 2024: AED 70,000 a yearNew contract, April 2025: AED 65,000 a yearNew contract, April 2026: AED 58,000 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 1108 sits

All 202 1-beds →

1108 last sold in July 2014 at AED 1,669 per sqft, 15% above what one-beds in Mayfair Tower were fetching at the time (AED 1,446). 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. 1108's AED 58,000 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 11th floor

All 215 units in Mayfair Tower
Value
11011-bedAED 839K · May 2014
11021-bedAED 1M · Sep 2023
11031-bedAED 498K · Jan 2013
11041-bedAED 652K · Mar 2023
11051-bedAED 795K · Oct 2013
11061-bedAED 850K · Oct 2024
11071-bedAED 790K · Jun 2009
1–7 of 13

1108, Mayfair Tower in numbers

  • Sold 4 times: first on 11 June 2009 for AED 790,383, last on 13 July 2014 for AED 950,000 (AED 1,669 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 73,000 to AED 40,000 in 2021 and recovered to AED 58,000 by April 2026.
  • At AED 58,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 9,200 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 28 April 2026.

Questions about 1108, Mayfair Tower

What did unit 1108 last sell for?

AED 950,000 on 13 July 2014: AED 1,669 per sqft for 569 sqft. The unit has 4 registered sales; the first was AED 790,383 in June 2009.

What is the rent for unit 1108?

AED 58,000 a year on the contract signed on 28 April 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since August 2014.

How big is unit 1108?

569 sqft (52.9 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2011.

What is unit 1108 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 1108? 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 1108, Mayfair Tower

Starts from the last sale price (AED 950K, 13 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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