1-bed · 807 sqftMayfair Tower, Business Bay · 3rd floor · completed 2011

304, Mayfair Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 1.22M19 March 2014
Current rentAED 65K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mayfair Tower

What is 304 worth today?

Last sold for AED 1,221,540 in 2014

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12 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
20 May 2022RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
1 Jul 2018RentedRenewal
AED 56,000/yr12 months · AED 69 per sqft
1 Jul 2017RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
30 Apr 2016RentedNew contract
AED 63,756/yr12 months · AED 79 per sqft
1 May 2014RentedNew contract
AED 55,440/yr12 months · AED 69 per sqft
19 Mar 2014Sold by developerReady
AED 1,221,540AED 1,514 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 17
Parking
B1-20
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.22M · March 2014

About 304, Mayfair Tower

304 is a one-bedroom apartment of 807 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 19 March 2014 for AED 1,221,540, or AED 1,514 per sqft, 6% above the AED 1,427 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 12 August 2026, is AED 65,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 831,809; 2010 AED 876,848; 2011 AED 615,402; 2012 AED 875,163; 2013 AED 851,281; 2014 AED 900,000; 2015 AED 862,500; 2016 AED 725,000; 2017 AED 850,000; 2019 AED 730,000; 2021 AED 530,000; 2022 AED 600,000; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 965,000; 2026 AED 1,000,000Sold by developer, March 2014: AED 1,221,540 (AED 1,514 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Mayfair Tower
40K60K2012201620202024Typical rent by year: 2012 AED 35,077; 2013 AED 46,200; 2014 AED 52,800; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 54,000; 2020 AED 45,000; 2021 AED 41,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 70,000; 2026 AED 68,775New contract, May 2014: AED 55,440 a yearNew contract, April 2016: AED 63,756 a yearNew contract, July 2017: AED 65,000 a yearRenewal, July 2018: AED 56,000 a yearNew contract, May 2022: AED 50,000 a yearNew contract, August 2026: AED 65,000 a year

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 304 sits

All 202 1-beds →

304 last sold in March 2014 at AED 1,514 per sqft, 6% above what one-beds in Mayfair Tower were fetching at the time (AED 1,427). 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. 304's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,000,000
19 Aug 20261,100,000
20 Jul 2026810,000
6 May 2026875,000
9 1-bed sales in the last 12 months

Mayfair Tower

Building

215 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%
Mayfair Tower, Business Bay: prices, sales and rents →

Other units on the 3rd floor

All 215 units in Mayfair Tower
Value
3011-bedAED 840K · Apr 2014
3021-bedAED 620K · Sep 2012
3031-bedAED 915K · Oct 2016
3051-bedAED 786K · Dec 2013
3061-bedAED 627K · Aug 2018
3071-bedAED 700K · Mar 2016
3081-bedAED 700K · Dec 2023
1–7 of 13

304, Mayfair Tower in numbers

  • Sold once: by Deyaar on 19 March 2014 for AED 1,221,540, or AED 1,514 per sqft.
  • Rented since May 2014 on 6 Ejari contracts, from AED 55,440 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 5.3%, 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 12 August 2026.

Questions about 304, Mayfair Tower

What did unit 304 last sell for?

AED 1,221,540 on 19 March 2014, sold by the developer: AED 1,514 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 65,000 a year on the contract signed on 12 August 2026. The previous contract, from May 2022, was AED 50,000; the unit has been rented since May 2014.

How big is unit 304?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.

What is unit 304 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 304, Mayfair Tower

Starts from the last sale price (AED 1.22M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,221,540
Deposit, UAE resident (20%)
AED 244,308
Deposit, non-resident (40%)
AED 488,616
Monthly over 25 years at 3.7%
AED 4,998

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →