1-bed · 806 sqftMayfair Tower, Business Bay · 1st floor · completed 2011

111, 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 111 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.02M19 March 2014
Current rentAED 66K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mayfair Tower

What is 111 worth today?

Last sold for AED 1,020,855 in 2014

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15 Aug 2026RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
15 Aug 2025RentedNew contract
AED 66,000/yr12 months · AED 82 per sqft
2 Aug 2024RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
2 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
23 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
30 Apr 2017RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
30 Apr 2015RentedNew contract
AED 55,440/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
1st of 17
Parking
B3-02
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.02M · March 2014

About 111, Mayfair Tower

111 is a one-bedroom apartment of 806 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 1,020,855, 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 9 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 66,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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 1,020,855 (AED 1,266 per sqft)

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

Rents
Unit 111, 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 46,200 a yearNew contract, April 2015: AED 55,440 a yearNew contract, April 2017: AED 70,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, March 2021: AED 40,000 a yearNew contract, August 2023: AED 60,000 a yearRenewal, August 2024: AED 66,000 a yearNew contract, August 2025: AED 66,000 a yearRenewal, August 2026: AED 66,000 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 111 sits

All 202 1-beds →

111 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. 111's AED 66,000 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 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

111, Mayfair Tower in numbers

  • Sold once: by Deyaar on 19 March 2014 for AED 1,020,855, or AED 1,266 per sqft.
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 46,200 to AED 40,000 in 2021 and recovered to AED 66,000 by August 2026.
  • At AED 66,000 a year the gross yield on the 2014 price is 6.5%, 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 August 2026.

Questions about 111, Mayfair Tower

What did unit 111 last sell for?

AED 1,020,855 on 19 March 2014, sold by the developer: AED 1,266 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 66,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 66,000; the unit has been rented since May 2014.

How big is unit 111?

806 sqft (74.9 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.

What is unit 111 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 111, 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 1,020,855
Deposit, UAE resident (20%)
AED 204,171
Deposit, non-resident (40%)
AED 408,342
Monthly over 25 years at 3.7%
AED 4,177

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