1114, Mayfair Tower
Sold prices and rental history: sold twice, last in October 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1114, Mayfair Tower
What is 1114 worth today?
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Source: Dubai Land Department. Updated 11 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 627 sqft
- Floor
- 11th of 17
- Parking
- B3-26
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 750K · October 2023
- Building
- Mayfair Tower
About 1114, Mayfair Tower
1114 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 11 October 2023 for AED 750,000, or AED 1,196 per sqft, 11% above the AED 1,081 one-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 December 2021, is AED 47,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 1114 over time
1114 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 1114 sits
All 202 1-beds →1114 last sold in October 2023 at AED 1,196 per sqft, 11% above what one-beds in Mayfair Tower were fetching at the time (AED 1,081). 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. 1114's AED 47,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 1113 | 1-bed | 627 sqft | AED 550KAED 550,000 · Oct 2012October 2012 | 70,000 /yr |
1114, Mayfair Tower in numbers
- Sold twice: first on 19 March 2014 for AED 892,737, last on 11 October 2023 for AED 750,000 (AED 1,196 per sqft).
- Rented since May 2014 on 2 Ejari contracts, from AED 51,660 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2023 price is 6.3%, 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 11 October 2023.
Questions about 1114, Mayfair Tower
What did unit 1114 last sell for?
AED 750,000 on 11 October 2023: AED 1,196 per sqft for 627 sqft. The unit has 2 registered sales; the first was AED 892,737 in March 2014.
What is the rent for unit 1114?
AED 47,000 a year on the contract signed on 15 December 2021. The previous contract, from May 2014, was AED 51,660.
How big is unit 1114?
627 sqft (58.3 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2011.
What is unit 1114 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 1114, Mayfair Tower
Starts from the last sale price (AED 750K, 11 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →