1-bed · 619 sqftMayfair Tower, Business Bay · 13th floor · completed 2011

1312, Mayfair Tower

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 11 October 2025
Last soldAED 700K18 October 2024
Current rentAED 70K /yr11 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Mayfair Tower

What is 1312 worth today?

Last sold for AED 700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 113 per sqft
18 Oct 2024SoldReady
AED 700,000AED 1,130 per sqft
15 Sep 2024RentedNew contract
AED 70,000/yr13 months · AED 113 per sqft
23 May 2024RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
6 Apr 2022RentedRenewal
AED 41,725/yr11 months · AED 67 per sqft
6 Mar 2021RentedNew contract
AED 38,000/yr13 months · AED 61 per sqft
28 Jan 2020RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
28 Feb 2019RentedNew contract
AED 54,545/yr11 months · AED 88 per sqft

Source: Dubai Land Department. Updated 11 October 2025.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
13th of 17
Parking
B2-74
Developer
Deyaar
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 700K · October 2024

About 1312, Mayfair Tower

1312 is a one-bedroom apartment of 619 sqft on the 13th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 18 October 2024 for AED 700,000, or AED 1,130 per sqft, 14% below the AED 1,311 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 11 October 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, 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, September 2013: AED 1,174,131 (AED 1,895 per sqft)Sold, October 2024: AED 700,000 (AED 1,130 per sqft)

1312 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1312, each contractTypical one-bed in Mayfair Tower
25K50K75K2012201620202024Typical 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, February 2016: AED 75,000 a yearNew contract, June 2017: AED 60,000 a yearNew contract, February 2019: AED 54,545 a yearRenewal, January 2020: AED 50,000 a yearNew contract, March 2021: AED 38,000 a yearRenewal, April 2022: AED 41,725 a yearNew contract, May 2024: AED 25,000 a yearNew contract, September 2024: AED 70,000 a yearNew contract, October 2025: AED 70,000 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 1312 sits

All 202 1-beds →

1312 last sold in October 2024 at AED 1,130 per sqft, 14% below what one-beds in Mayfair Tower were fetching at the time (AED 1,311). 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. 1312's AED 70,000 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 13th floor

All 215 units in Mayfair Tower
Value
13011-bedAED 855K · Aug 2012
13021-bedAED 613K · Jul 2016
13031-bedAED 316K · Aug 2022
13041-bedAED 1M · Oct 2026
13051-bedAED 720K · Nov 2013
13081-bedAED 833K · May 2014
13091-bedAED 1.03M · Mar 2014
1–7 of 11

1312, Mayfair Tower in numbers

  • Sold twice: first on 2 September 2013 for AED 1,174,131, last on 18 October 2024 for AED 700,000 (AED 1,130 per sqft).
  • Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 25,000 in 2024 and recovered to AED 70,000 by October 2025.
  • At AED 70,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 10,100 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 October 2025.

Questions about 1312, Mayfair Tower

What did unit 1312 last sell for?

AED 700,000 on 18 October 2024: AED 1,130 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 1,174,131 in September 2013.

What is the rent for unit 1312?

AED 70,000 a year on the contract signed on 11 October 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since February 2016.

How big is unit 1312?

619 sqft (57.5 sqm): a one-bedroom apartment on the 13th floor of a 17-storey tower completed in 2011.

What is unit 1312 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 1312? 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.

How OpenOffers works

Mortgage on 1312, Mayfair Tower

Starts from the last sale price (AED 700K, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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