1705, Mayfair Tower
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1705, Mayfair Tower
What is 1705 worth today?
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Source: Dubai Land Department. Updated 22 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,115 sqft
- Floor
- 17th of 17
- Parking
- B2-31
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.2M · December 2023
- Building
- Mayfair Tower
About 1705, Mayfair Tower
1705 is a two-bedroom apartment of 1,115 sqft on the 17th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 18 December 2023 for AED 1,200,000, or AED 1,076 per sqft, in line with the AED 1,076 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 22 April 2025, is AED 120,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1705 over time
1705 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 1705 sits
All 13 2-beds →1705 last sold in December 2023 at AED 1,076 per sqft, in line with what two-beds in Mayfair Tower were fetching at the time (AED 1,076). 1705's AED 120,000 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 | ||
| 31 Oct 202331 October 2023 | 1,120 sqft | 1,381,000 | 1,232 |
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 | |
| 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 | |
| 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 |
1705, Mayfair Tower in numbers
- Sold twice: first on 5 May 2014 for AED 1,698,544, last on 18 December 2023 for AED 1,200,000 (AED 1,076 per sqft).
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 52,000 in 2021 and recovered to AED 120,000 by April 2025.
- At AED 120,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 18,100 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 22 April 2025.
Questions about 1705, Mayfair Tower
What did unit 1705 last sell for?
AED 1,200,000 on 18 December 2023: AED 1,076 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 1,698,544 in May 2014.
What is the rent for unit 1705?
AED 120,000 a year on the contract signed on 22 April 2025. The previous contract, from April 2025, was AED 120,000; the unit has been rented since February 2020.
How big is unit 1705?
1,115 sqft (103.6 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.
What is unit 1705 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 1705, Mayfair Tower
Starts from the last sale price (AED 1.2M, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →