1303, Mayfair Tower
Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1303, Mayfair Tower
What is 1303 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 11 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 13th of 17
- Parking
- B1-06
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 316K · August 2022
- Building
- Mayfair Tower
About 1303, Mayfair Tower
1303 is a one-bedroom apartment of 574 sqft on the 13th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 August 2022 for AED 316,250, or AED 551 per sqft, 37% below the AED 868 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 June 2022, is AED 51,750 a year: a gross yield of 16.4% on the 2022 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1303 over time
1303 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 1303 sits
All 202 1-beds →1303 last sold in August 2022 at AED 551 per sqft, 37% below what one-beds in Mayfair Tower were fetching at the time (AED 868). 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. 1303's AED 51,750 is at the bottom 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 13th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 574 sqft | AED 855KAED 854,600 · Aug 2012August 2012 | 73,500 /yr | |
| 1302 | 1-bed | 805 sqft | AED 613KAED 613,309 · Jul 2016July 2016 | 66,550 /yr | |
| 1304 | 1-bed | 807 sqft | AED 1MAED 1,000,000 · Oct 2026October 2026 | 60,000 /yr | |
| 1305 | 1-bed | 569 sqft | AED 720KAED 719,595 · Nov 2013November 2013 | 80,000 /yr | |
| 1308 | 1-bed | 569 sqft | AED 833KAED 832,831 · May 2014May 2014 | 70,000 /yr | |
| 1309 | 1-bed | 807 sqft | AED 1.03MAED 1,029,956 · Mar 2014March 2014 | 104,000 /yr | |
| 1310 | 1-bed | 574 sqft | AED 730KAED 730,000 · Aug 2023August 2023 | 60,000 /yr | |
| 1311 | 1-bed | 603 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 71,400 /yr | |
| 1312 | 1-bed | 619 sqft | AED 700KAED 700,000 · Oct 2024October 2024 | 70,000 /yr | |
| 1313 | 1-bed | 627 sqft | AED 864KAED 863,914 · Oct 2013October 2013 | 60,000 /yr | |
| 1314 | 1-bed | 627 sqft | AED 446KAED 445,618 · Nov 2011November 2011 | 65,000 /yr |
1303, Mayfair Tower in numbers
- Sold 3 times: first on 18 October 2009 for AED 437,759, last on 11 August 2022 for AED 316,250 (AED 551 per sqft).
- Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 51,750 by June 2022.
- At AED 51,750 a year the gross yield on the 2022 price is 16.4%, 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 11 August 2022.
Questions about 1303, Mayfair Tower
What did unit 1303 last sell for?
AED 316,250 on 11 August 2022: AED 551 per sqft for 574 sqft. The unit has 3 registered sales; the first was AED 437,759 in October 2009.
What is the rent for unit 1303?
AED 51,750 a year on the contract renewed on 20 June 2022. The previous contract, from June 2021, was AED 45,000; the unit has been rented since January 2019.
How big is unit 1303?
574 sqft (53.3 sqm): a one-bedroom apartment on the 13th floor of a 17-storey tower completed in 2011.
What is unit 1303 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.
Selling 1303? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1303, Mayfair Tower
Starts from the last sale price (AED 316K, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 316,250
- Deposit, UAE resident (20%)
- AED 63,250
- Deposit, non-resident (40%)
- AED 126,500
- Monthly over 25 years at 3.7%
- AED 1,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →