1-bed · 576 sqftMayfair Tower, Business Bay · 12th floor · completed 2011

1206, Mayfair Tower

Sold prices and rental history: sold 4 times, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 650K12 December 2012
Current rentAED 65K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Mayfair Tower

What is 1206 worth today?

Last sold for AED 650,000 in 2012

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5 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 113 per sqft
20 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 125 per sqft
21 May 2023RentedNew contract
AED 55,000/yr12 months · AED 95 per sqft
15 Nov 2021RentedNew contract
AED 53,000/yr12 months · AED 91 per sqft
20 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 77 per sqft
20 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
4 Apr 2018RentedNew contract
AED 65,000/yr12 months · AED 112 per sqft
4 Apr 2017RentedNew contract
AED 72,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
576 sqft
Floor
12th of 17
Parking
B1-16
Developer
Deyaar
Completed
2011
Service charge
AED 9,300 /yr
Last sold
AED 650K · December 2012

About 1206, Mayfair Tower

1206 is a one-bedroom apartment of 576 sqft on the 12th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 December 2012 for AED 650,000, or AED 1,128 per sqft, 23% below the AED 1,464 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 October 2026, is AED 65,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, May 2010: AED 772,615 (AED 1,341 per sqft)Sold, June 2011: AED 300,000 (AED 520 per sqft)Sold, June 2011: AED 772,615 (AED 1,341 per sqft)Sold, December 2012: AED 650,000 (AED 1,128 per sqft)

1206 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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, April 2013: AED 45,150 a yearNew contract, April 2014: AED 45,150 a yearNew contract, April 2017: AED 72,000 a yearNew contract, April 2018: AED 65,000 a yearNew contract, September 2019: AED 50,000 a yearRenewal, September 2020: AED 45,000 a yearNew contract, November 2021: AED 53,000 a yearNew contract, May 2023: AED 55,000 a yearNew contract, September 2025: AED 72,000 a yearNew contract, October 2026: AED 65,000 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 1206 sits

All 202 1-beds →

1206 last sold in December 2012 at AED 1,128 per sqft, 23% below what one-beds in Mayfair Tower were fetching at the time (AED 1,464). 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. 1206's AED 65,000 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
12011-bedAED 875K · Feb 2025
12021-bedAED 1.22M · Oct 2013
12031-bedAED 1M · Mar 2015
12041-bedAED 1.22M · Oct 2013
12051-bedAED 790K · Jul 2013
12071-bedAED 843K · Oct 2013
12081-bedAED 843K · Oct 2013
1–7 of 13

1206, Mayfair Tower in numbers

  • Sold 4 times: first on 10 May 2010 for AED 772,615, last on 12 December 2012 for AED 650,000 (AED 1,128 per sqft).
  • Rented since April 2013 on 10 Ejari contracts, from AED 45,150 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2012 price is 10.0%, 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 5 October 2026.

Questions about 1206, Mayfair Tower

What did unit 1206 last sell for?

AED 650,000 on 12 December 2012: AED 1,128 per sqft for 576 sqft. The unit has 4 registered sales; the first was AED 772,615 in May 2010.

What is the rent for unit 1206?

AED 65,000 a year on the contract signed on 5 October 2026. The previous contract, from September 2025, was AED 72,000; the unit has been rented since April 2013.

How big is unit 1206?

576 sqft (53.5 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2011.

What is unit 1206 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 1206, Mayfair Tower

Starts from the last sale price (AED 650K, 12 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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