1112, Mayfair Tower
Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1112, Mayfair Tower
What is 1112 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 11th of 17
- Parking
- B3-47
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,100 /yr
- Last sold
- AED 868K · September 2013
- Building
- Mayfair Tower
About 1112, Mayfair Tower
1112 is a one-bedroom apartment of 619 sqft on the 11th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 September 2013 for AED 867,635, or AED 1,400 per sqft, in line with the AED 1,397 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 November 2023, is AED 65,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1112 over time
1112 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 1112 sits
All 202 1-beds →1112 last sold in September 2013 at AED 1,400 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,397). 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. 1112's AED 65,000 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 11th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 574 sqft | AED 839KAED 838,775 · May 2014May 2014 | 50,000 /yr | |
| 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 | |
| 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 |
1112, Mayfair Tower in numbers
- Sold twice: first on 11 June 2009 for AED 822,634, last on 11 September 2013 for AED 867,635 (AED 1,400 per sqft).
- Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 37,000 in 2021 and recovered to AED 65,000 by November 2023.
- At AED 65,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 10,100 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 November 2023.
Questions about 1112, Mayfair Tower
What did unit 1112 last sell for?
AED 867,635 on 11 September 2013: AED 1,400 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 822,634 in June 2009.
What is the rent for unit 1112?
AED 65,000 a year on the contract signed on 15 November 2023. The previous contract, from July 2021, was AED 37,000; the unit has been rented since May 2018.
How big is unit 1112?
619 sqft (57.5 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2011.
What is unit 1112 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 1112, Mayfair Tower
Starts from the last sale price (AED 868K, 11 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 867,635
- Deposit, UAE resident (20%)
- AED 173,527
- Deposit, non-resident (40%)
- AED 347,054
- Monthly over 25 years at 3.7%
- AED 3,550
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →