2-bed · 1,115 sqftMayfair Tower, Business Bay · 16th floor · completed 2011

1605, Mayfair Tower

Sold prices and rental history: sold once, by the developer in July 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 7 July 2019
Last soldAED 1.35M7 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Mayfair Tower

What is 1605 worth today?

Last sold for AED 1,350,074 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jul 2019Sold by developerReady
AED 1,350,074AED 1,211 per sqft

Source: Dubai Land Department. Updated 7 July 2019.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
16th of 17
Parking
B1-31
Developer
Deyaar
Completed
2011
Service charge
AED 18,100 /yr
Last sold
AED 1.35M · July 2019

About 1605, Mayfair Tower

1605 is a two-bedroom apartment of 1,115 sqft on the 16th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 7 July 2019 for AED 1,350,074, or AED 1,211 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Mayfair Tower
1.5M2M2009201320172021Typical 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, July 2019: AED 1,350,074 (AED 1,211 per sqft)

1605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Mayfair Tower
100K2013201720212025Typical 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 122,500

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 1605 sits

All 13 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20251,400,000
9 Jun 20251,820,000
19 Jan 20241,400,000
18 Dec 20231,200,000
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
16012-bedAED 1.82M · Jun 2025
16022-bedAED 1.4M · Jan 2024
16032-bedAED 1.74M · Jan 2012
16042-bedAED 1.74M · Feb 2012
16072-bedAED 2.01M · Jun 2012

1605, Mayfair Tower in numbers

  • Sold once: by Deyaar on 7 July 2019 for AED 1,350,074, or AED 1,211 per sqft.

Source: Dubai Land Department. Updated 7 July 2019.

Questions about 1605, Mayfair Tower

What did unit 1605 last sell for?

AED 1,350,074 on 7 July 2019, sold by the developer: AED 1,211 per sqft for 1,115 sqft. It is the only registered sale of the unit.

How big is unit 1605?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.

What is unit 1605 worth today?

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

Selling 1605? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1605, Mayfair Tower

Starts from the last sale price (AED 1.35M, 7 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,074
Deposit, UAE resident (20%)
AED 270,015
Deposit, non-resident (40%)
AED 540,030
Monthly over 25 years at 3.7%
AED 5,524

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