203, Mayfair Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Mayfair Tower
What is 203 worth today?
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Source: Dubai Land Department. Updated 5 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 2nd of 17
- Parking
- B1-18
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 458K · December 2012
- Building
- Mayfair Tower
About 203, Mayfair Tower
203 is a one-bedroom apartment of 574 sqft on the 2nd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 29 December 2012 for AED 458,082, or AED 798 per sqft, 45% below the AED 1,464 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 89,250 a year: a gross yield of 19.5% on the 2012 price, before the service charge of about AED 9,300 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mayfair Tower, and where 203 sits
All 202 1-beds →203 last sold in December 2012 at AED 798 per sqft, 45% below what one-beds in Mayfair Tower were fetching at the time (AED 1,464). Over the last 12 months one-beds sold for AED 810,000 to 1,113,296, around AED 1,394 per sqft, and rent for AED 58,000 to 104,000 a year. 203's AED 89,250 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 807 sqft | 1,000,000 | 1,239 | ||
| 19 Aug 202619 August 2026 | 807 sqft | 1,100,000 | 1,363 | ||
| 20 Jul 202620 July 2026 | 569 sqft | 810,000 | 1,423 | ||
| 6 May 20266 May 2026 | 627 sqft | 875,000 | 1,394 |
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 2nd floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 574 sqft | AED 728KAED 727,500 · May 2023May 2023 | 65,000 /yr | |
| 202 | 1-bed | 805 sqft | AED 532KAED 532,000 · Oct 2011October 2011 | 90,000 /yr | |
| 204 | 1-bed | 807 sqft | AED 1.35MAED 1,354,565 · Jun 2014June 2014 | 85,000 /yr | |
| 205 | 1-bed | 569 sqft | AED 760KAED 760,000 · Nov 2023November 2023 | 95,000 /yr | |
| 206 | 1-bed | 576 sqft | AED 857KAED 857,000 · Aug 2024August 2024 | 58,000 /yr | |
| 207 | 1-bed | 576 sqft | AED 798KAED 798,024 · Sep 2013September 2013 | 60,000 /yr | |
| 208 | 1-bed | 569 sqft | AED 850KAED 850,000 · Jul 2024July 2024 | 45,600 /yr | |
| 209 | 1-bed | 807 sqft | AED 1.14MAED 1,136,247 · Oct 2013October 2013 | 85,000 /yr | |
| 210 | 1-bed | 574 sqft | AED 650KAED 650,000 · Apr 2013April 2013 | 65,000 /yr | |
| 211 | 1-bed | 804 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 75,000 /yr | |
| 212 | 1-bed | 619 sqft | AED 920KAED 920,000 · Oct 2024October 2024 | 62,000 /yr | |
| 213 | 1-bed | 627 sqft | AED 525KAED 525,000 · Sep 2012September 2012 | 75,000 /yr | |
| 214 | 1-bed | 627 sqft | AED 965KAED 965,000 · Jul 2025July 2025 | 100,000 /yr |
203, Mayfair Tower in numbers
- Sold twice: first on 18 October 2009 for AED 433,082, last on 29 December 2012 for AED 458,082 (AED 798 per sqft).
- Rented since October 2014 on 5 Ejari contracts. The rent fell from AED 87,000 to AED 70,000 in 2022 and recovered to AED 89,250 by April 2026.
- At AED 89,250 a year the gross yield on the 2012 price is 19.5%, before a service charge of about AED 9,300 a year (AED 16.23 per sqft).
- One-beds in Mayfair Tower sold for AED 810,000–1,113,296 in the 12 months to November 2026; the building's median across all types is AED 1,394 per sqft.
Source: Dubai Land Department. Updated 5 April 2026.
Questions about 203, Mayfair Tower
What did unit 203 last sell for?
AED 458,082 on 29 December 2012: AED 798 per sqft for 574 sqft. The unit has 2 registered sales; the first was AED 433,082 in October 2009.
What is the rent for unit 203?
AED 89,250 a year on the contract renewed on 5 April 2026. The previous contract, from April 2022, was AED 70,000; the unit has been rented since October 2014.
How big is unit 203?
574 sqft (53.3 sqm): a one-bedroom apartment on the 2nd floor of a 17-storey tower completed in 2011.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Tower sold for AED 810,000 to 1,113,296 in the last 12 months, around AED 1,394 per sqft.
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Mortgage on 203, Mayfair Tower
Starts from the last sale price (AED 458K, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 458,082
- Deposit, UAE resident (20%)
- AED 91,616
- Deposit, non-resident (40%)
- AED 183,233
- Monthly over 25 years at 3.7%
- AED 1,874
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →