1-bed · 627 sqftMayfair Tower, Business Bay · 14th floor · completed 2011

1413, Mayfair Tower

Sold prices and rental history: sold 3 times, last in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1413 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 525K26 December 2011
Current rentAED 78K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1413, Mayfair Tower

What is 1413 worth today?

Last sold for AED 525,000 in 2011

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28 Jan 2025RentedNew contract
AED 78,000/yr12 months · AED 125 per sqft
1 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 120 per sqft
17 Dec 2022RentedNew contract
AED 63,000/yr12 months · AED 101 per sqft
10 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
10 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
21 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
5 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 104 per sqft
18 Jun 2015RentedNew contract
AED 75,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
14th of 17
Parking
P1-01
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 525K · December 2011

About 1413, Mayfair Tower

1413 is a one-bedroom apartment of 627 sqft on the 14th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 26 December 2011 for AED 525,000, or AED 836 per sqft, in line with the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 28 January 2025, is AED 78,000 a year: a gross yield of 14.9% on the 2011 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1413 over time

Sales
Unit 1413, 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 901,054 (AED 1,436 per sqft)Sold, January 2011: AED 475,000 (AED 757 per sqft)Sold, December 2011: AED 525,000 (AED 836 per sqft)

1413 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1413, each contractTypical one-bed in Mayfair Tower
40K60K80K2012201620202024Typical 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, June 2015: AED 75,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, November 2019: AED 55,000 a yearNew contract, December 2020: AED 45,000 a yearRenewal, December 2021: AED 45,000 a yearNew contract, December 2022: AED 63,000 a yearNew contract, January 2024: AED 75,000 a yearNew contract, January 2025: AED 78,000 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 1413 sits

All 202 1-beds →

1413 last sold in December 2011 at AED 836 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 824). 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. 1413's AED 78,000 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
14091-bedAED 1.17M · Jan 2012
1–7 of 11

1413, Mayfair Tower in numbers

  • Sold 3 times: first on 11 June 2009 for AED 901,054, last on 26 December 2011 for AED 525,000 (AED 836 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 78,000 by January 2025.
  • At AED 78,000 a year the gross yield on the 2011 price is 14.9%, before a service charge of about AED 10,200 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 28 January 2025.

Questions about 1413, Mayfair Tower

What did unit 1413 last sell for?

AED 525,000 on 26 December 2011: AED 836 per sqft for 627 sqft. The unit has 3 registered sales; the first was AED 901,054 in June 2009.

What is the rent for unit 1413?

AED 78,000 a year on the contract signed on 28 January 2025. The previous contract, from January 2024, was AED 75,000; the unit has been rented since June 2015.

How big is unit 1413?

627 sqft (58.3 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1413 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 1413, Mayfair Tower

Starts from the last sale price (AED 525K, 26 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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