1703, Mayfair Tower
Sold prices and rental history: sold twice, last in August 2020, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Mayfair Tower
What is 1703 worth today?
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Source: Dubai Land Department. Updated 9 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,156 sqft
- Floor
- 17th of 17
- Parking
- B2-29
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 18,800 /yr
- Last sold
- AED 825K · August 2020
- Building
- Mayfair Tower
About 1703, Mayfair Tower
1703 is a two-bedroom apartment of 1,156 sqft on the 17th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 9 August 2020 for AED 825,000, or AED 713 per sqft.
One Ejari contract is registered, from 21 October 2013. The current contract, signed on 21 October 2013, is AED 76,650 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 13 2-beds →1703's AED 76,650 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,119 sqft | AED 985KAED 985,042 · Feb 2013February 2013 | 125,000 /yr | |
| 1702 | 2-bed | 1,113 sqft | AED 1MAED 1,000,000 · Aug 2022August 2022 | 97,493 /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 |
1703, Mayfair Tower in numbers
- Sold twice: first on 4 August 2016 for AED 1,745,016, last on 9 August 2020 for AED 825,000 (AED 713 per sqft).
- Rented since October 2013 on one Ejari contract, at AED 76,650 a year.
- At AED 76,650 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 18,800 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 9 August 2020.
Questions about 1703, Mayfair Tower
What did unit 1703 last sell for?
AED 825,000 on 9 August 2020: AED 713 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 1,745,016 in August 2016.
What is the rent for unit 1703?
AED 76,650 a year on the contract signed on 21 October 2013.
How big is unit 1703?
1,156 sqft (107.4 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.
What is unit 1703 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 1703, Mayfair Tower
Starts from the last sale price (AED 825K, 9 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →