1404, Mayfair Tower
Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Mayfair Tower
What is 1404 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 14th of 17
- Parking
- B3-68
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.07M · September 2024
- Building
- Mayfair Tower
About 1404, Mayfair Tower
1404 is a one-bedroom apartment of 807 sqft on the 14th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 20 September 2024 for AED 1,065,000, or AED 1,320 per sqft, in line with the AED 1,302 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 3 March 2024, is AED 75,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 1404 over time
1404 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 1404 sits
All 202 1-beds →1404 last sold in September 2024 at AED 1,320 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,302). 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. 1404's AED 75,000 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 14th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 574 sqft | AED 530KAED 530,000 · May 2021May 2021 | ||
| 1402 | 1-bed | 805 sqft | AED 800KAED 800,000 · Apr 2019April 2019 | 73,000 /yr | |
| 1403 | 1-bed | 574 sqft | AED 865KAED 865,000 · Jun 2023June 2023 | 85,000 /yr | |
| 1405 | 1-bed | 569 sqft | AED 1.2MAED 1,200,000 · May 2025May 2025 | ||
| 1408 | 1-bed | 569 sqft | AED 850KAED 850,000 · Mar 2024March 2024 | 65,000 /yr | |
| 1409 | 1-bed | 807 sqft | AED 1.17MAED 1,167,996 · Jan 2012January 2012 | 70,000 /yr | |
| 1410 | 1-bed | 574 sqft | AED 809KAED 809,216 · Sep 2015September 2015 | 65,000 /yr | |
| 1411 | 1-bed | 804 sqft | AED 1.11MAED 1,113,296 · Dec 2025December 2025 | ||
| 1412 | 1-bed | 619 sqft | AED 1.1MAED 1,100,000 · Jan 2025January 2025 | 52,800 /yr | |
| 1413 | 1-bed | 627 sqft | AED 525KAED 525,000 · Dec 2011December 2011 | 78,000 /yr | |
| 1414 | 1-bed | 627 sqft | AED 951KAED 951,054 · Apr 2012April 2012 | 66,000 /yr |
1404, Mayfair Tower in numbers
- Sold 3 times: first on 11 June 2009 for AED 1,180,805, last on 20 September 2024 for AED 1,065,000 (AED 1,320 per sqft).
- Rented since March 2022 on 3 Ejari contracts, from AED 52,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 13,100 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 20 September 2024.
Questions about 1404, Mayfair Tower
What did unit 1404 last sell for?
AED 1,065,000 on 20 September 2024: AED 1,320 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 1,180,805 in June 2009.
What is the rent for unit 1404?
AED 75,000 a year on the contract signed on 3 March 2024. The previous contract, from March 2023, was AED 62,400; the unit has been rented since March 2022.
How big is unit 1404?
807 sqft (75.0 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.
What is unit 1404 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 1404, Mayfair Tower
Starts from the last sale price (AED 1.07M, 20 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,000
- Deposit, UAE resident (20%)
- AED 213,000
- Deposit, non-resident (40%)
- AED 426,000
- Monthly over 25 years at 3.7%
- AED 4,357
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →