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2-bed · 1,585 sqftMayfair Tower, Business Bay · 16th floor · completed 2011

1601, Mayfair Tower

Sold prices and rental history: sold 4 times, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 1.82M9 June 2025
Current rentAED 140K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Mayfair Tower

What is 1601 worth today?

Last sold for AED 1,820,000 in 2025

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18 Sep 2026RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
14 Sep 2026RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
15 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
9 Jun 2025SoldReady
AED 1,820,000AED 1,148 per sqft
7 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
7 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
7 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
7 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
2-bed apartment
Size
1,585 sqft
Floor
16th of 17
Parking
P2-06
Developer
Deyaar
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 1.82M · June 2025
Building
Mayfair Tower

About 1601, Mayfair Tower

1601 is a two-bedroom apartment of 1,585 sqft on the 16th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 9 June 2025 for AED 1,820,000, or AED 1,148 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 18 September 2026, is AED 140,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 25,700 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Mayfair Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,736,100; 2012 AED 1,744,320; 2013 AED 1,228,327; 2014 AED 1,966,915; 2023 AED 1,200,000Sold by developer, June 2009: AED 1,777,880 (AED 1,122 per sqft)Sold, June 2011: AED 1,812,880 (AED 1,144 per sqft)Sold, October 2012: AED 1,080,000 (AED 681 per sqft)Sold, June 2025: AED 1,820,000 (AED 1,148 per sqft)

1601 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Mayfair Tower
50K100K150K2013201720212025Typical rent by year: 2013 AED 77,175; 2014 AED 80,483; 2015 AED 102,500; 2016 AED 105,000; 2017 AED 105,000; 2018 AED 92,500; 2019 AED 90,000; 2020 AED 77,500; 2021 AED 63,000; 2022 AED 97,493; 2023 AED 97,750; 2024 AED 110,000; 2025 AED 118,000; 2026 AED 122,500New contract, June 2018: AED 90,000 a yearNew contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 90,000 a yearNew contract, November 2022: AED 100,000 a yearNew contract, September 2025: AED 150,000 a yearNew contract, September 2026: AED 140,000 a yearNew contract, September 2026: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mayfair Tower, and where 1601 sits

All 13 2-beds →

1601's AED 140,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20251,400,000
19 Jan 20241,400,000
18 Dec 20231,200,000
31 Oct 20231,381,000
0 2-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 16th floor

All 215 units in Mayfair Tower
Value
16022-bedAED 1.4M · Jan 2024
16032-bedAED 1.74M · Jan 2012
16042-bedAED 1.74M · Feb 2012
16052-bedAED 1.35M · Jul 2019
16072-bedAED 2.01M · Jun 2012

1601, Mayfair Tower in numbers

  • Sold 4 times: first on 11 June 2009 for AED 1,777,880, last on 9 June 2025 for AED 1,820,000 (AED 1,148 per sqft).
  • Rented since June 2018 on 7 Ejari contracts, from AED 90,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 25,700 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 18 September 2026.

Questions about 1601, Mayfair Tower

What did unit 1601 last sell for?

AED 1,820,000 on 9 June 2025: AED 1,148 per sqft for 1,585 sqft. The unit has 4 registered sales; the first was AED 1,777,880 in June 2009.

What is the rent for unit 1601?

AED 140,000 a year on the contract signed on 18 September 2026. The previous contract, from September 2026, was AED 135,000; the unit has been rented since June 2018.

How big is unit 1601?

1,585 sqft (147.3 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1601, Mayfair Tower

Starts from the last sale price (AED 1.82M, 9 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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