1-bed · 574 sqftMayfair Tower, Business Bay · 12th floor · completed 2011

1201, Mayfair Tower

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 875K7 February 2025
Current rentAED 70K /yr20 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Mayfair Tower

What is 1201 worth today?

Last sold for AED 875,000 in 2025

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7 Feb 2025SoldReady
AED 875,000AED 1,524 per sqft
20 Apr 2024RentedRenewal
AED 70,000/yr12 months · AED 122 per sqft
20 Apr 2023RentedRenewal
AED 60,500/yr12 months · AED 105 per sqft
20 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
10 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 78 per sqft
15 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
1 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
1-bed apartment
Size
574 sqft
Floor
12th of 17
Parking
B2-75
Developer
Deyaar
Completed
2011
Service charge
AED 9,300 /yr
Last sold
AED 875K · February 2025

About 1201, Mayfair Tower

1201 is a one-bedroom apartment of 574 sqft on the 12th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 7 February 2025 for AED 875,000, or AED 1,524 per sqft, 8% above the AED 1,413 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 April 2024, is AED 70,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, May 2014: AED 829,998 (AED 1,446 per sqft)Sold, June 2015: AED 875,000 (AED 1,524 per sqft)Sold, May 2017: AED 835,000 (AED 1,455 per sqft)Sold, February 2025: AED 875,000 (AED 1,524 per sqft)

1201 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Mayfair Tower
40K60K80K2012201620202024Typical 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, December 2013: AED 43,700 a yearNew contract, September 2017: AED 75,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, February 2021: AED 50,000 a yearNew contract, March 2021: AED 45,000 a yearNew contract, April 2022: AED 55,000 a yearRenewal, April 2023: AED 60,500 a yearRenewal, April 2024: AED 70,000 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 1201 sits

All 202 1-beds →

1201 last sold in February 2025 at AED 1,524 per sqft, 8% above what one-beds in Mayfair Tower were fetching at the time (AED 1,413). 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. 1201's AED 70,000 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 12th floor

All 215 units in Mayfair Tower
Value
12021-bedAED 1.22M · Oct 2013
12031-bedAED 1M · Mar 2015
12041-bedAED 1.22M · Oct 2013
12051-bedAED 790K · Jul 2013
12061-bedAED 650K · Dec 2012
12071-bedAED 843K · Oct 2013
12081-bedAED 843K · Oct 2013
1–7 of 13

1201, Mayfair Tower in numbers

  • Sold 4 times: first on 27 May 2014 for AED 829,998, last on 7 February 2025 for AED 875,000 (AED 1,524 per sqft).
  • Rented since December 2013 on 9 Ejari contracts, from AED 43,700 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 9,300 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 7 February 2025.

Questions about 1201, Mayfair Tower

What did unit 1201 last sell for?

AED 875,000 on 7 February 2025: AED 1,524 per sqft for 574 sqft. The unit has 4 registered sales; the first was AED 829,998 in May 2014.

What is the rent for unit 1201?

AED 70,000 a year on the contract renewed on 20 April 2024. The previous contract, from April 2023, was AED 60,500; the unit has been rented since December 2013.

How big is unit 1201?

574 sqft (53.3 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2011.

What is unit 1201 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 1201, Mayfair Tower

Starts from the last sale price (AED 875K, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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