
1701, Mayfair Tower
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Mayfair Tower
What is 1701 worth today?
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Source: Dubai Land Department. Updated 3 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,119 sqft
- Floor
- 17th of 17
- Parking
- P2-04
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 18,200 /yr
- Last sold
- AED 985K · February 2013
- Building
- Mayfair Tower
About 1701, Mayfair Tower
1701 is a two-bedroom apartment of 1,119 sqft on the 17th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 11 February 2013 for AED 985,042, or AED 880 per sqft, 11% below the AED 992 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 3 May 2026, is AED 125,000 a year: a gross yield of 12.7% on the 2013 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1701 over time
1701 has sold once; 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 1701 sits
All 13 2-beds →1701 last sold in February 2013 at AED 880 per sqft, 11% below what two-beds in Mayfair Tower were fetching at the time (AED 992). 1701's AED 125,000 is in the upper 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 17th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 1,113 sqft | AED 1MAED 1,000,000 · Aug 2022August 2022 | 97,493 /yr | |
| 1703 | 2-bed | 1,156 sqft | AED 825KAED 825,000 · Aug 2020August 2020 | 76,650 /yr | |
| 1704 | 2-bed | 1,157 sqft | AED 1.4MAED 1,400,000 · Jun 2025June 2025 | 129,640 /yr | |
| 1705 | 2-bed | 1,115 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 120,000 /yr | |
| 1706 | 2-bed | 1,120 sqft | AED 1.38MAED 1,381,000 · Oct 2023October 2023 | 120,000 /yr | |
| 1707 | 2-bed | 1,282 sqft | AED 2.08MAED 2,081,257 · May 2014May 2014 | 140,000 /yr |
1701, Mayfair Tower in numbers
- Sold once: by Deyaar on 11 February 2013 for AED 985,042, or AED 880 per sqft.
- Rented since July 2018 on 7 Ejari contracts, from AED 90,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2013 price is 12.7%, before a service charge of about AED 18,200 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 3 May 2026.
Questions about 1701, Mayfair Tower
What did unit 1701 last sell for?
AED 985,042 on 11 February 2013, sold by the developer: AED 880 per sqft for 1,119 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 125,000 a year on the contract signed on 3 May 2026. The previous contract, from May 2025, was AED 115,000; the unit has been rented since July 2018.
How big is unit 1701?
1,119 sqft (104.0 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.
What is unit 1701 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 1701, Mayfair Tower
Starts from the last sale price (AED 985K, 11 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 985,042
- Deposit, UAE resident (20%)
- AED 197,008
- Deposit, non-resident (40%)
- AED 394,017
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →