302, Mayfair Tower
Sold prices and rental history: sold 4 times, last in September 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Mayfair Tower
What is 302 worth today?
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Source: Dubai Land Department. Updated 30 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 3rd of 17
- Parking
- B1-25 , B2-02
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 620K · September 2012
- Building
- Mayfair Tower
About 302, Mayfair Tower
302 is a one-bedroom apartment of 805 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 6 September 2012 for AED 620,000, or AED 769 per sqft, 47% below the AED 1,458 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 30 July 2024, is AED 80,000 a year: a gross yield of 12.9% on the 2012 price, before the service charge of about AED 13,100 a year.
Sales and rents for 302 over time
302 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 302 sits
All 202 1-beds →302 last sold in September 2012 at AED 769 per sqft, 47% below what one-beds in Mayfair Tower were fetching at the time (AED 1,458). 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. 302's AED 80,000 is in the lower 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 3rd floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 574 sqft | AED 840KAED 840,251 · Apr 2014April 2014 | 67,210 /yr | |
| 303 | 1-bed | 574 sqft | AED 915KAED 915,000 · Oct 2016October 2016 | 76,000 /yr | |
| 304 | 1-bed | 807 sqft | AED 1.22MAED 1,221,540 · Mar 2014March 2014 | 65,000 /yr | |
| 305 | 1-bed | 569 sqft | AED 786KAED 786,347 · Dec 2013December 2013 | 80,000 /yr | |
| 306 | 1-bed | 576 sqft | AED 627KAED 627,054 · Aug 2018August 2018 | 72,000 /yr | |
| 307 | 1-bed | 576 sqft | AED 700KAED 700,000 · Mar 2016March 2016 | 55,000 /yr | |
| 308 | 1-bed | 569 sqft | AED 700KAED 700,000 · Dec 2023December 2023 | 58,000 /yr | |
| 309 | 1-bed | 807 sqft | AED 760KAED 760,000 · Nov 2023November 2023 | 64,286 /yr | |
| 310 | 1-bed | 574 sqft | AED 757KAED 756,594 · Sep 2013September 2013 | 63,000 /yr | |
| 311 | 1-bed | 804 sqft | AED 800KAED 800,000 · Oct 2023October 2023 | 60,000 /yr | |
| 312 | 1-bed | 310 sqft | AED 310KAED 310,000 · May 2016May 2016 | 71,000 /yr | |
| 313 | 1-bed | 627 sqft | AED 911KAED 911,116 · Feb 2013February 2013 | 80,000 /yr | |
| 314 | 1-bed | 627 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 68,000 /yr |
302, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 1,168,243, last on 6 September 2012 for AED 620,000 (AED 769 per sqft).
- Rented since May 2018 on 4 Ejari contracts, from AED 68,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2012 price is 12.9%, before a service charge of about AED 13,100 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 30 July 2024.
Questions about 302, Mayfair Tower
What did unit 302 last sell for?
AED 620,000 on 6 September 2012: AED 769 per sqft for 805 sqft. The unit has 4 registered sales; the first was AED 1,168,243 in June 2009.
What is the rent for unit 302?
AED 80,000 a year on the contract signed on 30 July 2024. The previous contract, from May 2020, was AED 68,000; the unit has been rented since May 2018.
How big is unit 302?
805 sqft (74.8 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 302 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 302, Mayfair Tower
Starts from the last sale price (AED 620K, 6 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →