1603, Mayfair Tower
Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Mayfair Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 19 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,156 sqft
- Floor
- 16th of 17
- Parking
- P1-05
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.74M · January 2012
- Building
- Mayfair Tower
About 1603, Mayfair Tower
1603 is a two-bedroom apartment of 1,156 sqft on the 16th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 16 January 2012 for AED 1,744,320, or AED 1,509 per sqft.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 19 February 2026, is AED 120,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 13 2-beds →1603's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jun 202520 June 2025 | 1,157 sqft | 1,400,000 | 1,210 | ||
| 9 Jun 20259 June 2025 | 1,585 sqft | 1,820,000 | 1,148 | ||
| 19 Jan 202419 January 2024 | 1,113 sqft | 1,400,000 | 1,258 | ||
| 18 Dec 202318 December 2023 | 1,115 sqft | 1,200,000 | 1,076 |
Mayfair Tower
Building215 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%
Other units on the 16th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,585 sqft | AED 1.82MAED 1,820,000 · Jun 2025June 2025 | 140,000 /yr | |
| 1602 | 2-bed | 1,113 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 118,000 /yr | |
| 1604 | 2-bed | 1,157 sqft | AED 1.74MAED 1,744,320 · Feb 2012February 2012 | 104,688 /yr | |
| 1605 | 2-bed | 1,115 sqft | AED 1.35MAED 1,350,074 · Jul 2019July 2019 | ||
| 1607 | 2-bed | 1,282 sqft | AED 2.01MAED 2,012,398 · Jun 2012June 2012 | 105,000 /yr |
1603, Mayfair Tower in numbers
- Sold twice: first on 11 June 2009 for AED 1,694,320, last on 16 January 2012 for AED 1,744,320 (AED 1,509 per sqft).
- Rented since May 2013 on 7 Ejari contracts, from AED 80,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2012 price is 6.9%, before a service charge of about AED 18,800 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 19 February 2026.
Questions about 1603, Mayfair Tower
What did unit 1603 last sell for?
AED 1,744,320 on 16 January 2012: AED 1,509 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 1,694,320 in June 2009.
What is the rent for unit 1603?
AED 120,000 a year on the contract signed on 19 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since May 2013.
How big is unit 1603?
1,156 sqft (107.4 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.
What is unit 1603 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 1603, Mayfair Tower
Starts from the last sale price (AED 1.74M, 16 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,744,320
- Deposit, UAE resident (20%)
- AED 348,864
- Deposit, non-resident (40%)
- AED 697,728
- Monthly over 25 years at 3.7%
- AED 7,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →