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1-bed · 805 sqftMayfair Tower, Business Bay · 6th floor · completed 2011

602, Mayfair Tower

Sold prices and rental history: sold 4 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 900K12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Mayfair Tower

What is 602 worth today?

Last sold for AED 900,000 in 2023

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12 Sep 2023SoldReady
AED 900,000AED 1,117 per sqft
17 Feb 2021SoldReady
AED 650,000AED 807 per sqft
25 Mar 2012SoldReady
AED 627,902AED 779 per sqft
18 Oct 2009Sold by developerOff-plan
AED 590,402AED 733 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
6th of 17
Parking
B2-60
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 900K · September 2023
Building
Mayfair Tower

About 602, Mayfair Tower

602 is a one-bedroom apartment of 805 sqft on the 6th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 September 2023 for AED 900,000, or AED 1,117 per sqft, 6% above the AED 1,054 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, 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, October 2009: AED 590,402 (AED 733 per sqft)Sold, March 2012: AED 627,902 (AED 779 per sqft)Sold, February 2021: AED 650,000 (AED 807 per sqft)Sold, September 2023: AED 900,000 (AED 1,117 per sqft)

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

Rents
Unit 602, 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 68,775

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 602 sits

All 202 1-beds →

602 last sold in September 2023 at AED 1,117 per sqft, 6% above what one-beds in Mayfair Tower were fetching at the time (AED 1,054). 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.

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 6th floor

All 215 units in Mayfair Tower
Value
6011-bedAED 887K · Oct 2013
6031-bedAED 904K · May 2013
6041-bedAED 800K · Jun 2023
6051-bedAED 875K · Jun 2024
6061-bedAED 900K · Jun 2025
6071-bedAED 648K · Apr 2013
6081-bedAED 640K · Apr 2013
1–7 of 13

602, Mayfair Tower in numbers

  • Sold 4 times: first on 18 October 2009 for AED 590,402, last on 12 September 2023 for AED 900,000 (AED 1,117 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 12 September 2023.

Questions about 602, Mayfair Tower

What did unit 602 last sell for?

AED 900,000 on 12 September 2023: AED 1,117 per sqft for 805 sqft. The unit has 4 registered sales; the first was AED 590,402 in October 2009.

How big is unit 602?

805 sqft (74.8 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2011.

What is unit 602 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 602, Mayfair Tower

Starts from the last sale price (AED 900K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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