308, Mayfair Tower
Sold prices and rental history: sold twice, last in December 2023, 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 308, Mayfair Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 569 sqft
- Floor
- 3rd of 17
- Parking
- B1-19
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,200 /yr
- Last sold
- AED 700K · December 2023
- Building
- Mayfair Tower
About 308, Mayfair Tower
308 is a one-bedroom apartment of 569 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 18 December 2023 for AED 700,000, or AED 1,229 per sqft, 8% above the AED 1,141 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 58,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 9,200 a year.
Sales and rents for 308 over time
308 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 308 sits
All 202 1-beds →308 last sold in December 2023 at AED 1,229 per sqft, 8% above what one-beds in Mayfair Tower were fetching at the time (AED 1,141). 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. 308's AED 58,000 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 | |
| 307 | 1-bed | 576 sqft | AED 700KAED 700,000 · Mar 2016March 2016 | 55,000 /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 |
308, Mayfair Tower in numbers
- Sold twice: first on 19 March 2014 for AED 808,421, last on 18 December 2023 for AED 700,000 (AED 1,229 per sqft).
- Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 40,000 in 2021 and recovered to AED 58,000 by August 2026.
- At AED 58,000 a year the gross yield on the 2023 price is 8.3%, 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 August 2026.
Questions about 308, Mayfair Tower
What did unit 308 last sell for?
AED 700,000 on 18 December 2023: AED 1,229 per sqft for 569 sqft. The unit has 2 registered sales; the first was AED 808,421 in March 2014.
What is the rent for unit 308?
AED 58,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2024, was AED 65,000; the unit has been rented since March 2014.
How big is unit 308?
569 sqft (52.9 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 308 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 308, Mayfair Tower
Starts from the last sale price (AED 700K, 18 December 2023). 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 →