604, Mayfair Tower
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Mayfair Tower
What is 604 worth today?
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Source: Dubai Land Department. Updated 5 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 6th of 17
- Parking
- B3-64
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 800K · June 2023
- Building
- Mayfair Tower
About 604, Mayfair Tower
604 is a one-bedroom apartment of 807 sqft on the 6th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 5 June 2023 for AED 800,000, or AED 991 per sqft, in line with the AED 991 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 5 February 2024, is AED 51,920 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 13,100 a year.
Sales and rents for 604 over time
604 has sold 3 times; 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 604 sits
All 202 1-beds →604 last sold in June 2023 at AED 991 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 991). 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. 604's AED 51,920 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 6th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 574 sqft | AED 887KAED 886,599 · Oct 2013October 2013 | 45,000 /yr | |
| 602 | 1-bed | 805 sqft | AED 900KAED 900,000 · Sep 2023September 2023 | ||
| 603 | 1-bed | 574 sqft | AED 904KAED 903,628 · May 2013May 2013 | 67,000 /yr | |
| 605 | 1-bed | 569 sqft | AED 875KAED 875,000 · Jun 2024June 2024 | 78,000 /yr | |
| 606 | 1-bed | 576 sqft | AED 900KAED 900,000 · Jun 2025June 2025 | 58,000 /yr | |
| 607 | 1-bed | 576 sqft | AED 648KAED 648,039 · Apr 2013April 2013 | 82,000 /yr | |
| 608 | 1-bed | 569 sqft | AED 640KAED 640,387 · Apr 2013April 2013 | 70,000 /yr | |
| 609 | 1-bed | 807 sqft | AED 1.03MAED 1,025,358 · Mar 2014March 2014 | 73,500 /yr | |
| 610 | 1-bed | 574 sqft | AED 705KAED 705,000 · Jan 2024January 2024 | 70,000 /yr | |
| 611 | 1-bed | 804 sqft | AED 620KAED 620,000 · Oct 2021October 2021 | 70,000 /yr | |
| 612 | 1-bed | 619 sqft | AED 760KAED 760,000 · Feb 2024February 2024 | 60,000 /yr | |
| 613 | 1-bed | 627 sqft | AED 845KAED 845,000 · Oct 2024October 2024 | 38,000 /yr | |
| 614 | 1-bed | 627 sqft | AED 775KAED 775,000 · Aug 2023August 2023 | 65,000 /yr |
604, Mayfair Tower in numbers
- Sold 3 times: first on 11 June 2009 for AED 1,180,805, last on 5 June 2023 for AED 800,000 (AED 991 per sqft).
- Rented since November 2015 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 45,000 in 2021 and recovered to AED 51,920 by February 2024.
- At AED 51,920 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 13,100 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 5 February 2024.
Questions about 604, Mayfair Tower
What did unit 604 last sell for?
AED 800,000 on 5 June 2023: AED 991 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 1,180,805 in June 2009.
What is the rent for unit 604?
AED 51,920 a year on the contract signed on 5 February 2024. The previous contract, from February 2021, was AED 45,000; the unit has been rented since November 2015.
How big is unit 604?
807 sqft (75.0 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2011.
What is unit 604 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 604, Mayfair Tower
Starts from the last sale price (AED 800K, 5 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →