208, Mayfair Tower
Sold prices and rental history: sold 4 times, last in July 2024, 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 208, Mayfair Tower
What is 208 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 569 sqft
- Floor
- 2nd of 17
- Parking
- B1-34
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,200 /yr
- Last sold
- AED 850K · July 2024
- Building
- Mayfair Tower
About 208, Mayfair Tower
208 is a one-bedroom apartment of 569 sqft on the 2nd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 July 2024 for AED 850,000, or AED 1,493 per sqft, 21% above the AED 1,229 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 26 October 2023, is AED 45,600 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 9,200 a year.
Sales and rents for 208 over time
208 has sold 4 times; 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 208 sits
All 202 1-beds →208 last sold in July 2024 at AED 1,493 per sqft, 21% above what one-beds in Mayfair Tower were fetching at the time (AED 1,229). 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. 208's AED 45,600 is at the bottom 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 | |
| 203 | 1-bed | 574 sqft | AED 458KAED 458,082 · Dec 2012December 2012 | 89,250 /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 | |
| 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 |
208, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 787,331, last on 1 July 2024 for AED 850,000 (AED 1,493 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 35,000 to AED 45,600 a year.
- At AED 45,600 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 9,200 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 1 July 2024.
Questions about 208, Mayfair Tower
What did unit 208 last sell for?
AED 850,000 on 1 July 2024: AED 1,493 per sqft for 569 sqft. The unit has 4 registered sales; the first was AED 787,331 in June 2009.
What is the rent for unit 208?
AED 45,600 a year on the contract renewed on 26 October 2023. The previous contract, from October 2022, was AED 38,000; the unit has been rented since December 2020.
How big is unit 208?
569 sqft (52.9 sqm): a one-bedroom apartment on the 2nd floor of a 17-storey tower completed in 2011.
What is unit 208 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 208, Mayfair Tower
Starts from the last sale price (AED 850K, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →