1311, Mayfair Tower
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1311, Mayfair Tower
What is 1311 worth today?
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Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 603 sqft
- Floor
- 13th of 17
- Parking
- B1-14
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,800 /yr
- Last sold
- AED 600K · March 2022
- Building
- Mayfair Tower
About 1311, Mayfair Tower
1311 is a one-bedroom apartment of 603 sqft on the 13th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 March 2022 for AED 600,000, or AED 995 per sqft, 15% above the AED 868 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 71,400 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 9,800 a year.
Sales and rents for 1311 over time
1311 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 1311 sits
All 202 1-beds →1311 last sold in March 2022 at AED 995 per sqft, 15% above 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. 1311's AED 71,400 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 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 | |
| 1303 | 1-bed | 574 sqft | AED 316KAED 316,250 · Aug 2022August 2022 | 51,750 /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 | |
| 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 |
1311, Mayfair Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 1,113,527, last on 1 March 2022 for AED 600,000 (AED 995 per sqft).
- Rented since March 2018 on 5 Ejari contracts, from AED 9,000 to AED 71,400 a year.
- At AED 71,400 a year the gross yield on the 2022 price is 11.9%, before a service charge of about AED 9,800 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 18 October 2024.
Questions about 1311, Mayfair Tower
What did unit 1311 last sell for?
AED 600,000 on 1 March 2022: AED 995 per sqft for 603 sqft. The unit has 3 registered sales; the first was AED 1,113,527 in May 2010.
What is the rent for unit 1311?
AED 71,400 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 68,000; the unit has been rented since March 2018.
How big is unit 1311?
603 sqft (56.0 sqm): a one-bedroom apartment on the 13th floor of a 17-storey tower completed in 2011.
What is unit 1311 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 1311, Mayfair Tower
Starts from the last sale price (AED 600K, 1 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →