1113, Mayfair Tower
Sold prices and rental history: sold 3 times, last in October 2012, 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 1113, Mayfair Tower
What is 1113 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 627 sqft
- Floor
- 11th of 17
- Parking
- B2- 64 , 66
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 550K · October 2012
- Building
- Mayfair Tower
About 1113, Mayfair Tower
1113 is a one-bedroom apartment of 627 sqft on the 11th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 29 October 2012 for AED 550,000, or AED 876 per sqft, 40% below the AED 1,463 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 3 September 2024, is AED 70,000 a year: a gross yield of 12.7% on the 2012 price, before the service charge of about AED 10,200 a year.
Sales and rents for 1113 over time
1113 has sold 3 times; 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 1113 sits
All 202 1-beds →1113 last sold in October 2012 at AED 876 per sqft, 40% below what one-beds in Mayfair Tower were fetching at the time (AED 1,463). 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. 1113's AED 70,000 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 | |
| 1112 | 1-bed | 619 sqft | AED 868KAED 867,635 · Sep 2013September 2013 | 65,000 /yr | |
| 1114 | 1-bed | 627 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 47,000 /yr |
1113, Mayfair Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 889,813, last on 29 October 2012 for AED 550,000 (AED 876 per sqft).
- Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 62,000 to AED 43,000 in 2021 and recovered to AED 70,000 by September 2024.
- At AED 70,000 a year the gross yield on the 2012 price is 12.7%, before a service charge of about AED 10,200 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 3 September 2024.
Questions about 1113, Mayfair Tower
What did unit 1113 last sell for?
AED 550,000 on 29 October 2012: AED 876 per sqft for 627 sqft. The unit has 3 registered sales; the first was AED 889,813 in May 2010.
What is the rent for unit 1113?
AED 70,000 a year on the contract renewed on 3 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since May 2014.
How big is unit 1113?
627 sqft (58.3 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2011.
What is unit 1113 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 1113? 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.
Mortgage on 1113, Mayfair Tower
Starts from the last sale price (AED 550K, 29 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →