312, Mayfair Tower
Sold prices and rental history: sold 3 times, last in May 2016, 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 312, Mayfair Tower
What is 312 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 310 sqft
- Floor
- 3rd of 17
- Parking
- B1-42
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 5,000 /yr
- Last sold
- AED 310K · May 2016
- Building
- Mayfair Tower
About 312, Mayfair Tower
312 is a one-bedroom apartment of 310 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 May 2016 for AED 310,000, or AED 1,001 per sqft, 21% below the AED 1,266 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 October 2025, is AED 71,000 a year: a gross yield of 22.9% on the 2016 price, before the service charge of about AED 5,000 a year.
Sales and rents for 312 over time
312 has sold 3 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 312 sits
All 202 1-beds →312 last sold in May 2016 at AED 1,001 per sqft, 21% below what one-beds in Mayfair Tower were fetching at the time (AED 1,266). 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. 312's AED 71,000 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 | |
| 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 | |
| 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 | |
| 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 |
312, Mayfair Tower in numbers
- Sold 3 times: first on 11 June 2009 for AED 822,634, last on 1 May 2016 for AED 310,000 (AED 1,001 per sqft).
- Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 71,000 by October 2025.
- At AED 71,000 a year the gross yield on the 2016 price is 22.9%, before a service charge of about AED 5,000 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 October 2025.
Questions about 312, Mayfair Tower
What did unit 312 last sell for?
AED 310,000 on 1 May 2016: AED 1,001 per sqft for 310 sqft. The unit has 3 registered sales; the first was AED 822,634 in June 2009.
What is the rent for unit 312?
AED 71,000 a year on the contract signed on 1 October 2025. The previous contract, from December 2024, was AED 68,000; the unit has been rented since November 2018.
How big is unit 312?
310 sqft (28.8 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 312 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 312, Mayfair Tower
Starts from the last sale price (AED 310K, 1 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →