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

309, Mayfair Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 11 May 2026
Last soldAED 760K13 November 2023
Current rentAED 64K /yr11 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mayfair Tower

What is 309 worth today?

Last sold for AED 760,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 May 2026RentedNew contract
AED 64,286/yr14 months · AED 80 per sqft
18 Apr 2026RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
21 Feb 2025RentedRenewal
AED 87,907/yr12 months · AED 110 per sqft
21 Feb 2025RentedRenewal
AED 87,907/yr12 months · AED 110 per sqft
21 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
13 Nov 2023SoldReady
AED 760,000AED 942 per sqft
15 Jul 2022RentedRenewal
AED 38,000/yr12 months · AED 47 per sqft
15 Jul 2020RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 11 May 2026.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 17
Parking
B1-21
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 760K · November 2023

About 309, Mayfair Tower

309 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. It last sold on 13 November 2023 for AED 760,000, or AED 942 per sqft, 14% below the AED 1,098 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 11 May 2026, is AED 64,286 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, June 2009: AED 1,105,434 (AED 1,370 per sqft)Sold, April 2013: AED 1,155,434 (AED 1,432 per sqft)Sold, November 2023: AED 760,000 (AED 942 per sqft)

309 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Mayfair Tower
50K75K2012201620202024Typical 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 75,000 a yearNew contract, February 2018: AED 60,000 a yearNew contract, October 2019: AED 45,000 a yearNew contract, July 2020: AED 38,000 a yearRenewal, July 2022: AED 38,000 a yearNew contract, February 2024: AED 80,000 a yearRenewal, February 2025: AED 87,907 a yearRenewal, February 2025: AED 87,907 a yearNew contract, April 2026: AED 80,000 a yearNew contract, May 2026: AED 64,286 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 309 sits

All 202 1-beds →

309 last sold in November 2023 at AED 942 per sqft, 14% below what one-beds in Mayfair Tower were fetching at the time (AED 1,098). 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. 309's AED 64,286 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
3041-bedAED 1.22M · Mar 2014
3051-bedAED 786K · Dec 2013
3061-bedAED 627K · Aug 2018
3071-bedAED 700K · Mar 2016
1–7 of 13

309, Mayfair Tower in numbers

  • Sold 3 times: first on 11 June 2009 for AED 1,105,434, last on 13 November 2023 for AED 760,000 (AED 942 per sqft).
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 38,000 in 2022 and recovered to AED 64,286 by May 2026.
  • At AED 64,286 a year the gross yield on the 2023 price is 8.5%, 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 11 May 2026.

Questions about 309, Mayfair Tower

What did unit 309 last sell for?

AED 760,000 on 13 November 2023: AED 942 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 1,105,434 in June 2009.

What is the rent for unit 309?

AED 64,286 a year on the contract signed on 11 May 2026. The previous contract, from April 2026, was AED 80,000; the unit has been rented since May 2014.

How big is unit 309?

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

What is unit 309 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 309? 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.

How OpenOffers works

Mortgage on 309, Mayfair Tower

Starts from the last sale price (AED 760K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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