1-bed · 619 sqftMayfair Tower, Business Bay · 4th floor · completed 2011

412, Mayfair Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 871K12 May 2011
Current rentAED 69K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Mayfair Tower

What is 412 worth today?

Last sold for AED 870,692 in 2011

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1 Apr 2026RentedRenewal
AED 69,300/yr12 months · AED 112 per sqft
1 Apr 2025RentedRenewal
AED 69,300/yr12 months · AED 112 per sqft
1 Apr 2024RentedRenewal
AED 63,000/yr12 months · AED 102 per sqft
1 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 97 per sqft
1 Dec 2022RentedRenewal
AED 50,000/yr3 months · AED 81 per sqft
1 Dec 2021RentedRenewal
AED 41,000/yr12 months · AED 66 per sqft
1 Dec 2020RentedRenewal
AED 41,000/yr12 months · AED 66 per sqft
1 Dec 2019RentedNew contract
AED 46,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
4th of 17
Parking
B3-12
Developer
Deyaar
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 871K · May 2011

About 412, Mayfair Tower

412 is a one-bedroom apartment of 619 sqft on the 4th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 May 2011 for AED 870,692, or AED 1,405 per sqft, in line with the AED 1,400 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 69,300 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 10,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, June 2009: AED 825,692 (AED 1,332 per sqft)Sold, May 2011: AED 870,692 (AED 1,405 per sqft)

412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, 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, August 2015: AED 62,769 a yearNew contract, August 2016: AED 70,000 a yearRenewal, August 2017: AED 70,000 a yearRenewal, August 2018: AED 66,000 a yearNew contract, December 2019: AED 46,000 a yearRenewal, December 2020: AED 41,000 a yearRenewal, December 2021: AED 41,000 a yearRenewal, December 2022: AED 50,000 a yearNew contract, April 2023: AED 60,000 a yearRenewal, April 2024: AED 63,000 a yearRenewal, April 2025: AED 69,300 a yearRenewal, April 2026: AED 69,300 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 412 sits

All 202 1-beds →

412 last sold in May 2011 at AED 1,405 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,400). 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. 412's AED 69,300 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 4th floor

All 215 units in Mayfair Tower
Value
4011-bedAED 836K · Jun 2009
4021-bedAED 1.22M · Mar 2014
4041-bedAED 1.22M · Mar 2014
4051-bedAED 650K · Mar 2017
4061-bedAED 970K · May 2025
4071-bedAED 828K · Jan 2014
4081-bedAED 823K · Jan 2013
1–7 of 12

412, Mayfair Tower in numbers

  • Sold twice: first on 11 June 2009 for AED 825,692, last on 12 May 2011 for AED 870,692 (AED 1,405 per sqft).
  • Rented since August 2015 on 12 Ejari contracts. The rent fell from AED 62,769 to AED 41,000 in 2021 and recovered to AED 69,300 by April 2026.
  • At AED 69,300 a year the gross yield on the 2011 price is 8.0%, before a service charge of about AED 10,100 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 1 April 2026.

Questions about 412, Mayfair Tower

What did unit 412 last sell for?

AED 870,692 on 12 May 2011: AED 1,405 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 825,692 in June 2009.

What is the rent for unit 412?

AED 69,300 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 69,300; the unit has been rented since August 2015.

How big is unit 412?

619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2011.

What is unit 412 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 412, Mayfair Tower

Starts from the last sale price (AED 871K, 12 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 870,692
Deposit, UAE resident (20%)
AED 174,138
Deposit, non-resident (40%)
AED 348,277
Monthly over 25 years at 3.7%
AED 3,562

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