1-bed · 999 sqftMayfair Tower, Business Bay · 1st floor · completed 2011

112, Mayfair Tower

Sold prices and rental history: sold 3 times, last in July 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 520K8 July 2012
Current rentAED 62K /yr28 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mayfair Tower

What is 112 worth today?

Last sold for AED 520,000 in 2012

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28 Jul 2025RentedRenewal
AED 62,489/yr12 months · AED 63 per sqft
28 Jul 2024RentedRenewal
AED 59,513/yr12 months · AED 60 per sqft
28 Jul 2023RentedRenewal
AED 51,750/yr12 months · AED 52 per sqft
28 Jul 2022RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
28 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 36 per sqft
10 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
15 Aug 2019RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
15 Aug 2017RentedNew contract
AED 67,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
1-bed apartment
Size
999 sqft
Floor
1st of 17
Parking
B2-63
Developer
Deyaar
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 520K · July 2012

About 112, Mayfair Tower

112 is a one-bedroom apartment of 999 sqft on the 1st floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 July 2012 for AED 520,000, or AED 520 per sqft, 64% below the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 July 2025, is AED 62,489 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 16,200 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, July 2009: AED 855,731 (AED 856 per sqft)Sold, July 2012: AED 520,000 (AED 520 per sqft)Sold, July 2012: AED 910,731 (AED 911 per sqft)

112 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 112, 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 2017: AED 67,000 a yearNew contract, August 2019: AED 52,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, July 2021: AED 36,000 a yearRenewal, July 2022: AED 45,000 a yearRenewal, July 2023: AED 51,750 a yearRenewal, July 2024: AED 59,513 a yearRenewal, July 2025: AED 62,489 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 112 sits

All 202 1-beds →

112 last sold in July 2012 at AED 520 per sqft, 64% below what one-beds in Mayfair Tower were fetching at the time (AED 1,450). 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. 112's AED 62,489 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

112, Mayfair Tower in numbers

  • Sold 3 times: first on 5 July 2009 for AED 855,731, last on 8 July 2012 for AED 520,000 (AED 520 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 67,000 to AED 36,000 in 2021 and recovered to AED 62,489 by July 2025.
  • At AED 62,489 a year the gross yield on the 2012 price is 12.0%, before a service charge of about AED 16,200 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 July 2025.

Questions about 112, Mayfair Tower

What did unit 112 last sell for?

AED 520,000 on 8 July 2012: AED 520 per sqft for 999 sqft. The unit has 3 registered sales; the first was AED 855,731 in July 2009.

What is the rent for unit 112?

AED 62,489 a year on the contract renewed on 28 July 2025. The previous contract, from July 2024, was AED 59,513; the unit has been rented since August 2017.

How big is unit 112?

999 sqft (92.8 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.

What is unit 112 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 112, Mayfair Tower

Starts from the last sale price (AED 520K, 8 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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