1-bed · 627 sqftMayfair Tower, Business Bay · 3rd floor · completed 2011

314, Mayfair Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 750K23 June 2023
Current rentAED 68K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Mayfair Tower

What is 314 worth today?

Last sold for AED 750,000 in 2023

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25 Jul 2025RentedNew contract
AED 68,000/yr12 months · AED 108 per sqft
25 Jul 2025RentedNew contract
AED 68,000/yr12 months · AED 108 per sqft
16 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 112 per sqft
23 Jun 2023SoldReady
AED 750,000AED 1,196 per sqft
10 Jan 2023RentedNew contract
AED 56,000/yr12 months · AED 89 per sqft
18 Dec 2021RentedNew contract
AED 49,000/yr12 months · AED 78 per sqft
1 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
1 Apr 2021RentedRenewal
AED 42,000/yr6 months · AED 67 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
3rd of 17
Parking
B2-68
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 750K · June 2023

About 314, Mayfair Tower

314 is a one-bedroom apartment of 627 sqft on the 3rd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 23 June 2023 for AED 750,000, or AED 1,196 per sqft, 20% above the AED 996 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 25 July 2025, is AED 68,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in Mayfair Tower
500K750K1M2009201420192024Typical 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, May 2010: AED 863,882 (AED 1,378 per sqft)Sold, June 2012: AED 918,882 (AED 1,465 per sqft)Sold, June 2023: AED 750,000 (AED 1,196 per sqft)

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

Rents
Unit 314, 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, September 2016: AED 70,000 a yearNew contract, April 2020: AED 45,000 a yearRenewal, April 2021: AED 42,000 a yearNew contract, December 2021: AED 49,000 a yearNew contract, December 2021: AED 48,000 a yearNew contract, January 2023: AED 56,000 a yearNew contract, April 2024: AED 70,000 a yearNew contract, July 2025: AED 68,000 a yearNew contract, July 2025: AED 68,000 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 314 sits

All 202 1-beds →

314 last sold in June 2023 at AED 1,196 per sqft, 20% above what one-beds in Mayfair Tower were fetching at the time (AED 996). 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. 314's AED 68,000 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
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

314, Mayfair Tower in numbers

  • Sold 3 times: first on 10 May 2010 for AED 863,882, last on 23 June 2023 for AED 750,000 (AED 1,196 per sqft).
  • Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 68,000 by July 2025.
  • At AED 68,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 10,200 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 25 July 2025.

Questions about 314, Mayfair Tower

What did unit 314 last sell for?

AED 750,000 on 23 June 2023: AED 1,196 per sqft for 627 sqft. The unit has 3 registered sales; the first was AED 863,882 in May 2010.

What is the rent for unit 314?

AED 68,000 a year on the contract signed on 25 July 2025. The previous contract, from July 2025, was AED 68,000; the unit has been rented since September 2016.

How big is unit 314?

627 sqft (58.3 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.

What is unit 314 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 314, Mayfair Tower

Starts from the last sale price (AED 750K, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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