1-bed · 574 sqftMayfair Tower, Business Bay · 14th floor · completed 2011

1403, Mayfair Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 865K22 June 2023
Current rentAED 85K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Mayfair Tower

What is 1403 worth today?

Last sold for AED 865,000 in 2023

Unlock today's estimate, updated daily, with

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

1 Feb 2026RentedRenewal
AED 85,000/yr12 months · AED 149 per sqft
1 Feb 2025RentedRenewal
AED 85,000/yr12 months · AED 149 per sqft
1 Feb 2024RentedNew contract
AED 85,000/yr12 months · AED 149 per sqft
22 Jun 2023SoldReady
AED 865,000AED 1,507 per sqft
7 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 88 per sqft
9 Jan 2012SoldReady
AED 928,633AED 1,618 per sqft
11 Jun 2009Sold by developerOff-plan
AED 878,633AED 1,531 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
574 sqft
Floor
14th of 17
Parking
B3-67
Developer
Deyaar
Completed
2011
Service charge
AED 9,300 /yr
Last sold
AED 865K · June 2023

About 1403, Mayfair Tower

1403 is a one-bedroom apartment of 574 sqft on the 14th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 22 June 2023 for AED 865,000, or AED 1,507 per sqft, 51% above the AED 996 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 85,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 878,633 (AED 1,531 per sqft)Sold, January 2012: AED 928,633 (AED 1,618 per sqft)Sold, June 2023: AED 865,000 (AED 1,507 per sqft)

1403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Mayfair Tower
50K75K2012201620202024Typical 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, November 2021: AED 50,000 a yearNew contract, February 2024: AED 85,000 a yearRenewal, February 2025: AED 85,000 a yearRenewal, February 2026: AED 85,000 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 1403 sits

All 202 1-beds →

1403 last sold in June 2023 at AED 1,507 per sqft, 51% above what one-beds in Mayfair Tower were fetching at the time (AED 996). 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. 1403's AED 85,000 is in the upper 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 14th floor

All 215 units in Mayfair Tower
Value
14011-bedAED 530K · May 2021
14021-bedAED 800K · Apr 2019
14041-bedAED 1.07M · Sep 2024
14051-bedAED 1.2M · May 2025
14081-bedAED 850K · Mar 2024
14091-bedAED 1.17M · Jan 2012
14101-bedAED 809K · Sep 2015
1–7 of 11

1403, Mayfair Tower in numbers

  • Sold 3 times: first on 11 June 2009 for AED 878,633, last on 22 June 2023 for AED 865,000 (AED 1,507 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 9.8%, 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 1 February 2026.

Questions about 1403, Mayfair Tower

What did unit 1403 last sell for?

AED 865,000 on 22 June 2023: AED 1,507 per sqft for 574 sqft. The unit has 3 registered sales; the first was AED 878,633 in June 2009.

What is the rent for unit 1403?

AED 85,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since November 2021.

How big is unit 1403?

574 sqft (53.3 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1403 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 1403? 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 1403, Mayfair Tower

Starts from the last sale price (AED 865K, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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