1-bed · 807 sqftMayfair Tower, Business Bay · 14th floor · completed 2011

1409, Mayfair Tower

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 1.17M2 January 2012
Current rentAED 70K /yr8 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Mayfair Tower

What is 1409 worth today?

Last sold for AED 1,167,996 in 2012

Unlock today's estimate, updated daily, with

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

8 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
11 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
11 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
11 Mar 2024RentedNew contract
AED 66,000/yr12 months · AED 82 per sqft
11 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
2 Jan 2012SoldReady
AED 1,167,996AED 1,447 per sqft
11 Jun 2009Sold by developerOff-plan
AED 1,117,996AED 1,385 per sqft

Source: Dubai Land Department. Updated 8 September 2025.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
14th of 17
Parking
B3-49
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.17M · January 2012

About 1409, Mayfair Tower

1409 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 2 January 2012 for AED 1,167,996, or AED 1,447 per sqft, 73% above the AED 836 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 8 September 2025, is AED 70,000 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, June 2009: AED 1,117,996 (AED 1,385 per sqft)Sold, January 2012: AED 1,167,996 (AED 1,447 per sqft)

1409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, each contractTypical one-bed in Mayfair Tower
40K60K2012201620202024Typical 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 2018: AED 65,000 a yearNew contract, March 2024: AED 66,000 a yearRenewal, March 2025: AED 70,000 a yearRenewal, March 2025: AED 70,000 a yearNew contract, September 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 1409 sits

All 202 1-beds →

1409 last sold in January 2012 at AED 1,447 per sqft, 73% above what one-beds in Mayfair Tower were fetching at the time (AED 836). 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. 1409'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 14th floor

All 215 units in Mayfair Tower
Value
14011-bedAED 530K · May 2021
14021-bedAED 800K · Apr 2019
14031-bedAED 865K · Jun 2023
14041-bedAED 1.07M · Sep 2024
14051-bedAED 1.2M · May 2025
14081-bedAED 850K · Mar 2024
14101-bedAED 809K · Sep 2015
1–7 of 11

1409, Mayfair Tower in numbers

  • Sold twice: first on 11 June 2009 for AED 1,117,996, last on 2 January 2012 for AED 1,167,996 (AED 1,447 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2012 price is 6.0%, 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 8 September 2025.

Questions about 1409, Mayfair Tower

What did unit 1409 last sell for?

AED 1,167,996 on 2 January 2012: AED 1,447 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 1,117,996 in June 2009.

What is the rent for unit 1409?

AED 70,000 a year on the contract signed on 8 September 2025. The previous contract, from March 2025, was AED 70,000; the unit has been rented since November 2018.

How big is unit 1409?

807 sqft (75.0 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1409 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 1409? 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 1409, Mayfair Tower

Starts from the last sale price (AED 1.17M, 2 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,167,996
Deposit, UAE resident (20%)
AED 233,599
Deposit, non-resident (40%)
AED 467,198
Monthly over 25 years at 3.7%
AED 4,779

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