1-bed · 619 sqftMayfair Tower, Business Bay · 14th floor · completed 2011

1412, Mayfair Tower

Sold prices and rental history: sold 5 times, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 1.1M23 January 2025
Current rentAED 53K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, Mayfair Tower

What is 1412 worth today?

Last sold for AED 1,100,000 in 2025

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23 Jan 2025SoldReady
AED 1,100,000AED 1,775 per sqft
12 Aug 2024SoldReady
AED 880,000AED 1,420 per sqft
28 Dec 2023SoldReady
AED 770,000AED 1,243 per sqft
4 Jul 2023SoldReady
AED 650,000AED 1,049 per sqft
1 May 2023RentedNew contract
AED 52,800/yr12 months · AED 85 per sqft
1 Mar 2021RentedRenewal
AED 40,000/yr13 months · AED 64 per sqft
31 Dec 2019RentedRenewal
AED 52,000/yr13 months · AED 83 per sqft
1 Dec 2018RentedNew contract
AED 55,000/yr13 months · AED 88 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
14th of 17
Parking
B2-61
Developer
Deyaar
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 1.1M · January 2025

About 1412, Mayfair Tower

1412 is a one-bedroom apartment of 619 sqft on the 14th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 23 January 2025 for AED 1,100,000, or AED 1,775 per sqft, 25% above the AED 1,420 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 May 2023, is AED 52,800 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, 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, March 2014: AED 826,263 (AED 1,333 per sqft)Sold, July 2023: AED 650,000 (AED 1,049 per sqft)Sold, December 2023: AED 770,000 (AED 1,243 per sqft)Sold, August 2024: AED 880,000 (AED 1,420 per sqft)Sold, January 2025: AED 1,100,000 (AED 1,775 per sqft)

1412 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1412, 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, December 2018: AED 55,000 a yearRenewal, December 2019: AED 52,000 a yearRenewal, March 2021: AED 40,000 a yearNew contract, May 2023: AED 52,800 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 1412 sits

All 202 1-beds →

1412 last sold in January 2025 at AED 1,775 per sqft, 25% above what one-beds in Mayfair Tower were fetching at the time (AED 1,420). 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. 1412's AED 52,800 is at the bottom 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
14091-bedAED 1.17M · Jan 2012
1–7 of 11

1412, Mayfair Tower in numbers

  • Sold 5 times: first on 19 March 2014 for AED 826,263, last on 23 January 2025 for AED 1,100,000 (AED 1,775 per sqft).
  • Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 52,800 by May 2023.
  • At AED 52,800 a year the gross yield on the 2025 price is 4.8%, 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 23 January 2025.

Questions about 1412, Mayfair Tower

What did unit 1412 last sell for?

AED 1,100,000 on 23 January 2025: AED 1,775 per sqft for 619 sqft. The unit has 5 registered sales; the first was AED 826,263 in March 2014.

What is the rent for unit 1412?

AED 52,800 a year on the contract signed on 1 May 2023. The previous contract, from March 2021, was AED 40,000; the unit has been rented since December 2018.

How big is unit 1412?

619 sqft (57.5 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1412 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 1412, Mayfair Tower

Starts from the last sale price (AED 1.1M, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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