1-bed · 627 sqftMayfair Tower, Business Bay · 15th floor · completed 2011

1514, Mayfair Tower

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 22 February 2026
Last soldAED 850K10 May 2015
Current rentAED 72K /yr22 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Mayfair Tower

What is 1514 worth today?

Last sold for AED 850,000 in 2015

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22 Feb 2026RentedRenewal
AED 72,000/yr12 months · AED 115 per sqft
22 Feb 2025RentedNew contract
AED 72,000/yr12 months · AED 115 per sqft
22 Nov 2023RentedNew contract
AED 70,000/yr12 months · AED 112 per sqft
20 Oct 2022RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
20 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
29 Aug 2020RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
29 Aug 2019RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
29 Aug 2018RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 22 February 2026.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
15th of 17
Parking
B3-04
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 850K · May 2015

About 1514, Mayfair Tower

1514 is a one-bedroom apartment of 627 sqft on the 15th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 10 May 2015 for AED 850,000, or AED 1,355 per sqft, 8% below the AED 1,471 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 22 February 2026, is AED 72,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, 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 904,367 (AED 1,442 per sqft)Sold, August 2014: AED 949,367 (AED 1,514 per sqft)Sold, May 2015: AED 850,000 (AED 1,355 per sqft)

1514 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1514, 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, September 2013: AED 43,700 a yearNew contract, February 2016: AED 73,000 a yearNew contract, April 2017: AED 65,000 a yearRenewal, April 2018: AED 64,998 a yearNew contract, August 2018: AED 55,000 a yearRenewal, August 2019: AED 55,000 a yearRenewal, August 2020: AED 50,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 48,000 a yearNew contract, November 2023: AED 70,000 a yearNew contract, February 2025: AED 72,000 a yearRenewal, February 2026: AED 72,000 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 1514 sits

All 202 1-beds →

1514 last sold in May 2015 at AED 1,355 per sqft, 8% below what one-beds in Mayfair Tower were fetching at the time (AED 1,471). 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. 1514's AED 72,000 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 15th floor

All 215 units in Mayfair Tower
Value
15011-bedAED 860K · Dec 2012
15021-bedAED 805K · Feb 2023
15031-bedAED 207K · Apr 2012
15041-bedAED 1.04M · Dec 2025
15051-bedAED 625K · Feb 2023
15081-bedAED 400K · Jun 2012
15091-bedAED 900K · Jul 2017
1–7 of 11

1514, Mayfair Tower in numbers

  • Sold 3 times: first on 11 June 2009 for AED 904,367, last on 10 May 2015 for AED 850,000 (AED 1,355 per sqft).
  • Rented since September 2013 on 12 Ejari contracts, from AED 43,700 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2015 price is 8.5%, 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 22 February 2026.

Questions about 1514, Mayfair Tower

What did unit 1514 last sell for?

AED 850,000 on 10 May 2015: AED 1,355 per sqft for 627 sqft. The unit has 3 registered sales; the first was AED 904,367 in June 2009.

What is the rent for unit 1514?

AED 72,000 a year on the contract renewed on 22 February 2026. The previous contract, from February 2025, was AED 72,000; the unit has been rented since September 2013.

How big is unit 1514?

627 sqft (58.3 sqm): a one-bedroom apartment on the 15th floor of a 17-storey tower completed in 2011.

What is unit 1514 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 1514, Mayfair Tower

Starts from the last sale price (AED 850K, 10 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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