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1-bed · 871 sqftMayfair Tower, Business Bay · 1st floor · completed 2011

113, Mayfair Tower

Sold prices and rental history: sold twice, last in April 2015, and rented once, from May 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 May 2015
Last soldAED 1.05M20 April 2015
Current rentAED 90K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 113, Mayfair Tower

What is 113 worth today?

Last sold for AED 1,050,000 in 2015

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1 May 2015RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
20 Apr 2015SoldReady
AED 1,050,000AED 1,205 per sqft
9 Jun 2011Sold by developerReady
AED 470,632AED 540 per sqft

Source: Dubai Land Department. Updated 1 May 2015.

Key facts

Type
1-bed apartment
Size
871 sqft
Floor
1st of 17
Parking
P1-11
Developer
Deyaar
Completed
2011
Service charge
AED 14,100 /yr
Last sold
AED 1.05M · April 2015
Building
Mayfair Tower

About 113, Mayfair Tower

113 is a one-bedroom apartment of 871 sqft on the 1st floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 20 April 2015 for AED 1,050,000, or AED 1,205 per sqft, 19% below the AED 1,479 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2015. The current contract, signed on 1 May 2015, is AED 90,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 14,100 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical 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, June 2011: AED 470,632 (AED 540 per sqft)Sold, April 2015: AED 1,050,000 (AED 1,205 per sqft)

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

Rents
Unit 113, each contractTypical one-bed in Mayfair Tower
50K75K2012201620202024Typical 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 2015: AED 90,000 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 113 sits

All 202 1-beds →

113 last sold in April 2015 at AED 1,205 per sqft, 19% below what one-beds in Mayfair Tower were fetching at the time (AED 1,479). 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. 113's AED 90,000 is in the upper 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

113, Mayfair Tower in numbers

  • Sold twice: first on 9 June 2011 for AED 470,632, last on 20 April 2015 for AED 1,050,000 (AED 1,205 per sqft).
  • Rented since May 2015 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 14,100 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 1 May 2015.

Questions about 113, Mayfair Tower

What did unit 113 last sell for?

AED 1,050,000 on 20 April 2015: AED 1,205 per sqft for 871 sqft. The unit has 2 registered sales; the first was AED 470,632 in June 2011.

What is the rent for unit 113?

AED 90,000 a year on the contract signed on 1 May 2015.

How big is unit 113?

871 sqft (80.9 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.

What is unit 113 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 113, Mayfair Tower

Starts from the last sale price (AED 1.05M, 20 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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