401, Mayfair Tower
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Mayfair Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 4th of 17
- Parking
- B3-28
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 836K · June 2009
- Building
- Mayfair Tower
About 401, Mayfair Tower
401 is a one-bedroom apartment of 574 sqft on the 4th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 11 June 2009 for AED 835,631, or AED 1,456 per sqft, in line with the AED 1,414 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 June 2024, is AED 67,000 a year: a gross yield of 8.0% on the 2009 price, before the service charge of about AED 9,300 a year.
Sales and rents for 401 over time
401 has sold once; 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 401 sits
All 202 1-beds →401 last sold in June 2009 at AED 1,456 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,414). 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. 401's AED 67,000 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 4th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 805 sqft | AED 1.22MAED 1,220,185 · Mar 2014March 2014 | 60,000 /yr | |
| 404 | 1-bed | 807 sqft | AED 1.22MAED 1,221,540 · Mar 2014March 2014 | 62,000 /yr | |
| 405 | 1-bed | 569 sqft | AED 650KAED 650,000 · Mar 2017March 2017 | 75,000 /yr | |
| 406 | 1-bed | 576 sqft | AED 970KAED 970,000 · May 2025May 2025 | 90,000 /yr | |
| 407 | 1-bed | 576 sqft | AED 828KAED 827,698 · Jan 2014January 2014 | 58,000 /yr | |
| 408 | 1-bed | 569 sqft | AED 823KAED 823,434 · Jan 2013January 2013 | 66,000 /yr | |
| 409 | 1-bed | 807 sqft | AED 1.02MAED 1,021,527 · Mar 2014March 2014 | 54,050 /yr | |
| 410 | 1-bed | 574 sqft | AED 491KAED 491,000 · Nov 2021November 2021 | 80,000 /yr | |
| 411 | 1-bed | 804 sqft | AED 700KAED 700,000 · Jun 2013June 2013 | 60,720 /yr | |
| 412 | 1-bed | 619 sqft | AED 871KAED 870,692 · May 2011May 2011 | 69,300 /yr | |
| 413 | 1-bed | 627 sqft | AED 830KAED 830,323 · Mar 2014March 2014 | 60,000 /yr | |
| 414 | 1-bed | 627 sqft | AED 750KAED 750,000 · Sep 2023September 2023 | 92,000 /yr |
401, Mayfair Tower in numbers
- Sold once: by Deyaar on 11 June 2009 for AED 835,631, or AED 1,456 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 47,000 to AED 67,000 a year.
- At AED 67,000 a year the gross yield on the 2009 price is 8.0%, 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 15 June 2024.
Questions about 401, Mayfair Tower
What did unit 401 last sell for?
AED 835,631 on 11 June 2009, sold by the developer: AED 1,456 per sqft for 574 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 67,000 a year on the contract signed on 15 June 2024. The previous contract, from May 2023, was AED 57,000; the unit has been rented since May 2021.
How big is unit 401?
574 sqft (53.3 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2011.
What is unit 401 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 401, Mayfair Tower
Starts from the last sale price (AED 836K, 11 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 835,631
- Deposit, UAE resident (20%)
- AED 167,126
- Deposit, non-resident (40%)
- AED 334,252
- Monthly over 25 years at 3.7%
- AED 3,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →