1-bed · 569 sqftMayfair Tower, Business Bay · 12th floor · completed 2011

1208, Mayfair Tower

Sold prices and rental history: sold twice, last in October 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 2 October 2013
Last soldAED 843K2 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Mayfair Tower

What is 1208 worth today?

Last sold for AED 843,435 in 2013

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2 Oct 2013SoldReady
AED 843,435AED 1,481 per sqft
11 Jun 2009Sold by developerOff-plan
AED 793,434AED 1,393 per sqft

Source: Dubai Land Department. Updated 2 October 2013.

Key facts

Type
1-bed apartment
Size
569 sqft
Floor
12th of 17
Parking
B2-23
Developer
Deyaar
Completed
2011
Service charge
AED 9,200 /yr
Last sold
AED 843K · October 2013

About 1208, Mayfair Tower

1208 is a one-bedroom apartment of 569 sqft on the 12th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 2 October 2013 for AED 843,435, or AED 1,481 per sqft, 4% above the AED 1,430 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, June 2009: AED 793,434 (AED 1,393 per sqft)Sold, October 2013: AED 843,435 (AED 1,481 per sqft)

1208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, 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 68,775

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 1208 sits

All 202 1-beds →

1208 last sold in October 2013 at AED 1,481 per sqft, 4% above what one-beds in Mayfair Tower were fetching at the time (AED 1,430). 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.

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
12061-bedAED 650K · Dec 2012
12071-bedAED 843K · Oct 2013
1–7 of 13

1208, Mayfair Tower in numbers

  • Sold twice: first on 11 June 2009 for AED 793,434, last on 2 October 2013 for AED 843,435 (AED 1,481 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 2 October 2013.

Questions about 1208, Mayfair Tower

What did unit 1208 last sell for?

AED 843,435 on 2 October 2013: AED 1,481 per sqft for 569 sqft. The unit has 2 registered sales; the first was AED 793,434 in June 2009.

How big is unit 1208?

569 sqft (52.9 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2011.

What is unit 1208 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 1208, Mayfair Tower

Starts from the last sale price (AED 843K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 843,435
Deposit, UAE resident (20%)
AED 168,687
Deposit, non-resident (40%)
AED 337,374
Monthly over 25 years at 3.7%
AED 3,451

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