1203, Mayfair Tower
Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Mayfair Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 12th of 17
- Parking
- B2-79
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1M · March 2015
- Building
- Mayfair Tower
About 1203, Mayfair Tower
1203 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 1 March 2015 for AED 1,000,000, or AED 1,742 per sqft, 19% above the AED 1,458 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 70,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 202 1-beds →1203 last sold in March 2015 at AED 1,742 per sqft, 19% above what one-beds in Mayfair Tower were fetching at the time (AED 1,458). 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. 1203'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 12th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 574 sqft | AED 875KAED 875,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1202 | 1-bed | 805 sqft | AED 1.22MAED 1,222,430 · Oct 2013October 2013 | ||
| 1204 | 1-bed | 807 sqft | AED 1.22MAED 1,222,430 · Oct 2013October 2013 | ||
| 1205 | 1-bed | 569 sqft | AED 790KAED 790,052 · Jul 2013July 2013 | 68,000 /yr | |
| 1206 | 1-bed | 576 sqft | AED 650KAED 650,000 · Dec 2012December 2012 | 65,000 /yr | |
| 1207 | 1-bed | 576 sqft | AED 843KAED 842,876 · Oct 2013October 2013 | 58,000 /yr | |
| 1208 | 1-bed | 569 sqft | AED 843KAED 843,435 · Oct 2013October 2013 | ||
| 1209 | 1-bed | 807 sqft | AED 1.16MAED 1,159,622 · Oct 2013October 2013 | 65,000 /yr | |
| 1210 | 1-bed | 574 sqft | AED 720KAED 720,000 · Nov 2023November 2023 | 65,000 /yr | |
| 1211 | 1-bed | 804 sqft | AED 1.16MAED 1,159,621 · Oct 2013October 2013 | 80,000 /yr | |
| 1212 | 1-bed | 619 sqft | AED 857KAED 857,227 · Mar 2014March 2014 | 58,000 /yr | |
| 1213 | 1-bed | 627 sqft | AED 300KAED 300,000 · Jun 2011June 2011 | 65,000 /yr | |
| 1214 | 1-bed | 627 sqft | AED 940KAED 939,723 · Apr 2014April 2014 | 70,000 /yr |
1203, Mayfair Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 830,435, last on 1 March 2015 for AED 1,000,000 (AED 1,742 per sqft).
- Rented since July 2023 on 5 Ejari contracts, from AED 60,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2015 price is 7.0%, 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 10 July 2026.
Questions about 1203, Mayfair Tower
What did unit 1203 last sell for?
AED 1,000,000 on 1 March 2015: AED 1,742 per sqft for 574 sqft. The unit has 3 registered sales; the first was AED 830,435 in May 2010.
What is the rent for unit 1203?
AED 70,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 70,000; the unit has been rented since July 2023.
How big is unit 1203?
574 sqft (53.3 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2011.
What is unit 1203 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 1203, Mayfair Tower
Starts from the last sale price (AED 1M, 1 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →