1607, Mayfair Tower
Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Mayfair Tower
What is 1607 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,282 sqft
- Floor
- 16th of 17
- Parking
- B3- 71 , 72
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 20,800 /yr
- Last sold
- AED 2.01M · June 2012
- Building
- Mayfair Tower
About 1607, Mayfair Tower
1607 is a two-bedroom apartment of 1,282 sqft on the 16th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 6 June 2012 for AED 2,012,398, or AED 1,570 per sqft, 4% above the AED 1,509 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 14 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 110,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1607 over time
1607 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 1607 sits
All 13 2-beds →1607 last sold in June 2012 at AED 1,570 per sqft, 4% above what two-beds in Mayfair Tower were fetching at the time (AED 1,509). 1607's AED 110,000 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 | |
| 1603 | 2-bed | 1,156 sqft | AED 1.74MAED 1,744,320 · Jan 2012January 2012 | 120,000 /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, Mayfair Tower in numbers
- Sold twice: first on 16 July 2009 for AED 1,912,398, last on 6 June 2012 for AED 2,012,398 (AED 1,570 per sqft).
- Rented since July 2017 on 14 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2021 and recovered to AED 110,000 by July 2026.
- At AED 110,000 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 20,800 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 1 July 2026.
Questions about 1607, Mayfair Tower
What did unit 1607 last sell for?
AED 2,012,398 on 6 June 2012: AED 1,570 per sqft for 1,282 sqft. The unit has 2 registered sales; the first was AED 1,912,398 in July 2009.
What is the rent for unit 1607?
AED 110,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2026, was AED 105,000; the unit has been rented since July 2017.
How big is unit 1607?
1,282 sqft (119.1 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.
What is unit 1607 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 1607, Mayfair Tower
Starts from the last sale price (AED 2.01M, 6 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,012,398
- Deposit, UAE resident (20%)
- AED 402,480
- Deposit, non-resident (40%)
- AED 804,959
- Monthly over 25 years at 3.7%
- AED 8,233
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →