307, Mayfair Tower
Sold prices and rental history: sold twice, last in March 2016, 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 307, Mayfair Tower
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 576 sqft
- Floor
- 3rd of 17
- Parking
- B3-55
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 700K · March 2016
- Building
- Mayfair Tower
About 307, Mayfair Tower
307 is a one-bedroom apartment of 576 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 31 March 2016 for AED 700,000, or AED 1,215 per sqft, 7% below the AED 1,303 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 9 May 2019, is AED 55,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 9,300 a year.
Sales and rents for 307 over time
307 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 307 sits
All 202 1-beds →307 last sold in March 2016 at AED 1,215 per sqft, 7% below what one-beds in Mayfair Tower were fetching at the time (AED 1,303). 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. 307's AED 55,000 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 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 | |
| 302 | 1-bed | 805 sqft | AED 620KAED 620,000 · Sep 2012September 2012 | 80,000 /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 | |
| 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 |
307, Mayfair Tower in numbers
- Sold twice: first on 3 October 2013 for AED 850,260, last on 31 March 2016 for AED 700,000 (AED 1,215 per sqft).
- Rented since March 2014 on 5 Ejari contracts, from AED 50,160 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 7.9%, 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 9 May 2019.
Questions about 307, Mayfair Tower
What did unit 307 last sell for?
AED 700,000 on 31 March 2016: AED 1,215 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 850,260 in October 2013.
What is the rent for unit 307?
AED 55,000 a year on the contract signed on 9 May 2019. The previous contract, from April 2017, was AED 70,000; the unit has been rented since March 2014.
How big is unit 307?
576 sqft (53.5 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 307 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.
Selling 307? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 307, Mayfair Tower
Starts from the last sale price (AED 700K, 31 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →