2-bed · 1,157 sqftMayfair Tower, Business Bay · 17th floor · completed 2011

1704, Mayfair Tower

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 1.4M20 June 2025
Current rentAED 130K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Mayfair Tower

What is 1704 worth today?

Last sold for AED 1,400,000 in 2025

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19 Sep 2026RentedNew contract
AED 129,640/yr12 months · AED 112 per sqft
19 Sep 2025RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft
20 Jun 2025SoldReady
AED 1,400,000AED 1,210 per sqft
15 Apr 2021RentedNew contract
AED 63,000/yr12 months · AED 55 per sqft
30 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 82 per sqft
30 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 91 per sqft
30 Aug 2016RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
28 Jul 2016Sold by developerReady
AED 1,910,549AED 1,651 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Floor
17th of 17
Parking
B2-30
Developer
Deyaar
Completed
2011
Service charge
AED 18,800 /yr
Last sold
AED 1.4M · June 2025

About 1704, Mayfair Tower

1704 is a two-bedroom apartment of 1,157 sqft on the 17th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 20 June 2025 for AED 1,400,000, or AED 1,210 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 19 September 2026, is AED 129,640 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Mayfair Tower
1.5M2M2009201420192024Typical 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 2016: AED 1,910,549 (AED 1,651 per sqft)Sold, June 2025: AED 1,400,000 (AED 1,210 per sqft)

1704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, 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 122,500New contract, October 2013: AED 76,650 a yearRenewal, October 2014: AED 80,483 a yearNew contract, August 2016: AED 105,000 a yearRenewal, August 2017: AED 105,000 a yearRenewal, August 2018: AED 95,000 a yearNew contract, April 2021: AED 63,000 a yearNew contract, September 2025: AED 130,000 a yearNew contract, September 2026: AED 129,640 a year

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 1704 sits

All 13 2-beds →

1704's AED 129,640 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20251,820,000
19 Jan 20241,400,000
18 Dec 20231,200,000
31 Oct 20231,381,000
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 17th floor

All 215 units in Mayfair Tower
Value
17012-bedAED 985K · Feb 2013
17022-bedAED 1M · Aug 2022
17032-bedAED 825K · Aug 2020
17052-bedAED 1.2M · Dec 2023
17062-bedAED 1.38M · Oct 2023
17072-bedAED 2.08M · May 2014

1704, Mayfair Tower in numbers

  • Sold twice: first on 28 July 2016 for AED 1,910,549, last on 20 June 2025 for AED 1,400,000 (AED 1,210 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 76,650 to AED 63,000 in 2021 and recovered to AED 129,640 by September 2026.
  • At AED 129,640 a year the gross yield on the 2025 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 19 September 2026.

Questions about 1704, Mayfair Tower

What did unit 1704 last sell for?

AED 1,400,000 on 20 June 2025: AED 1,210 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 1,910,549 in July 2016.

What is the rent for unit 1704?

AED 129,640 a year on the contract signed on 19 September 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since October 2013.

How big is unit 1704?

1,157 sqft (107.5 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.

What is unit 1704 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 1704, Mayfair Tower

Starts from the last sale price (AED 1.4M, 20 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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