407, Mayfair Tower
Sold prices and rental history: sold once, by the developer in January 2014, 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 407, Mayfair Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 576 sqft
- Floor
- 4th of 17
- Parking
- B3-79
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 828K · January 2014
- Building
- Mayfair Tower
About 407, Mayfair Tower
407 is a one-bedroom apartment of 576 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 28 January 2014 for AED 827,698, or AED 1,437 per sqft, in line with the AED 1,440 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 20 June 2026, is AED 58,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 9,300 a year.
Sales and rents for 407 over time
407 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 407 sits
All 202 1-beds →407 last sold in January 2014 at AED 1,437 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,440). 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. 407'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 4th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 574 sqft | AED 836KAED 835,631 · Jun 2009June 2009 | 67,000 /yr | |
| 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 | |
| 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 |
407, Mayfair Tower in numbers
- Sold once: by Deyaar on 28 January 2014 for AED 827,698, or AED 1,437 per sqft.
- Rented since May 2014 on 11 Ejari contracts, from AED 52,800 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2014 price is 7.0%, 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 20 June 2026.
Questions about 407, Mayfair Tower
What did unit 407 last sell for?
AED 827,698 on 28 January 2014, sold by the developer: AED 1,437 per sqft for 576 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 58,000 a year on the contract signed on 20 June 2026. The previous contract, from October 2025, was AED 75,000; the unit has been rented since May 2014.
How big is unit 407?
576 sqft (53.5 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2011.
What is unit 407 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 407, Mayfair Tower
Starts from the last sale price (AED 828K, 28 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 827,698
- Deposit, UAE resident (20%)
- AED 165,540
- Deposit, non-resident (40%)
- AED 331,079
- Monthly over 25 years at 3.7%
- AED 3,386
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →