1707, Mayfair Tower
Sold prices and rental history: sold once, by the developer in May 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, Mayfair Tower
What is 1707 worth today?
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Source: Dubai Land Department. Updated 1 March 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,282 sqft
- Floor
- 17th of 17
- Parking
- B2-33.P2-003
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 20,800 /yr
- Last sold
- AED 2.08M · May 2014
- Building
- Mayfair Tower
About 1707, Mayfair Tower
1707 is a two-bedroom apartment of 1,282 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 21 May 2014 for AED 2,081,257, or AED 1,623 per sqft, 3% above the AED 1,574 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 March 2015, is AED 140,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1707 over time
1707 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 1707 sits
All 13 2-beds →1707 last sold in May 2014 at AED 1,623 per sqft, 3% above what two-beds in Mayfair Tower were fetching at the time (AED 1,574). 1707's AED 140,000 is at the top 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 | |
| 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, Mayfair Tower in numbers
- Sold once: by Deyaar on 21 May 2014 for AED 2,081,257, or AED 1,623 per sqft.
- Rented since May 2013 on 3 Ejari contracts, from AED 75,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 20,800 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 1 March 2015.
Questions about 1707, Mayfair Tower
What did unit 1707 last sell for?
AED 2,081,257 on 21 May 2014, sold by the developer: AED 1,623 per sqft for 1,282 sqft. It is the only registered sale of the unit.
What is the rent for unit 1707?
AED 140,000 a year on the contract signed on 1 March 2015. The previous contract, from May 2014, was AED 90,000; the unit has been rented since May 2013.
How big is unit 1707?
1,282 sqft (119.1 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.
What is unit 1707 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 1707, Mayfair Tower
Starts from the last sale price (AED 2.08M, 21 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,081,257
- Deposit, UAE resident (20%)
- AED 416,251
- Deposit, non-resident (40%)
- AED 832,503
- Monthly over 25 years at 3.7%
- AED 8,515
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →