1-bed · 627 sqftMayfair Tower, Business Bay · 4th floor · completed 2011

414, Mayfair Tower

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 750K22 September 2023
Current rentAED 92K /yr19 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Mayfair Tower

What is 414 worth today?

Last sold for AED 750,000 in 2023

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19 Aug 2025RentedNew contract
AED 92,000/yr12 months · AED 147 per sqft
22 Sep 2023SoldReady
AED 750,000AED 1,196 per sqft
10 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
25 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
1 Jun 2019RentedNew contract
AED 57,000/yr12 months · AED 91 per sqft
12 Dec 2018RentedNew contract
AED 61,000/yr12 months · AED 98 per sqft
1 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 112 per sqft
28 Jul 2016SoldReady
AED 830,000AED 1,323 per sqft

Source: Dubai Land Department. Updated 19 August 2025.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
4th of 17
Parking
B1-26
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 750K · September 2023

About 414, Mayfair Tower

414 is a one-bedroom apartment of 627 sqft on the 4th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 22 September 2023 for AED 750,000, or AED 1,196 per sqft, 11% above the AED 1,081 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 19 August 2025, is AED 92,000 a year: a gross yield of 12.3% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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 894,429 (AED 1,426 per sqft)Sold, March 2012: AED 944,429 (AED 1,506 per sqft)Sold, July 2016: AED 830,000 (AED 1,323 per sqft)Sold, September 2023: AED 750,000 (AED 1,196 per sqft)

414 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 414, each contractTypical one-bed in Mayfair Tower
50K100K2012201620202024Typical 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, November 2016: AED 70,000 a yearNew contract, December 2018: AED 61,000 a yearNew contract, June 2019: AED 57,000 a yearNew contract, August 2021: AED 40,000 a yearNew contract, January 2022: AED 45,000 a yearNew contract, August 2025: AED 92,000 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 414 sits

All 202 1-beds →

414 last sold in September 2023 at AED 1,196 per sqft, 11% above what one-beds in Mayfair Tower were fetching at the time (AED 1,081). 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. 414's AED 92,000 is in the upper 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

414, Mayfair Tower in numbers

  • Sold 4 times: first on 11 June 2009 for AED 894,429, last on 22 September 2023 for AED 750,000 (AED 1,196 per sqft).
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 92,000 by August 2025.
  • At AED 92,000 a year the gross yield on the 2023 price is 12.3%, 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 19 August 2025.

Questions about 414, Mayfair Tower

What did unit 414 last sell for?

AED 750,000 on 22 September 2023: AED 1,196 per sqft for 627 sqft. The unit has 4 registered sales; the first was AED 894,429 in June 2009.

What is the rent for unit 414?

AED 92,000 a year on the contract signed on 19 August 2025. The previous contract, from January 2022, was AED 45,000; the unit has been rented since November 2016.

How big is unit 414?

627 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2011.

What is unit 414 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 414, Mayfair Tower

Starts from the last sale price (AED 750K, 22 September 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 →