612, Mayfair Tower
Sold prices and rental history: sold 4 times, last in February 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Mayfair Tower
What is 612 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 6th of 17
- Parking
- B3-24
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,100 /yr
- Last sold
- AED 760K · February 2024
- Building
- Mayfair Tower
About 612, Mayfair Tower
612 is a one-bedroom apartment of 619 sqft on the 6th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 19 February 2024 for AED 760,000, or AED 1,226 per sqft, in line with the AED 1,196 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 60,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 10,100 a year.
Sales and rents for 612 over time
612 has sold 4 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 612 sits
All 202 1-beds →612 last sold in February 2024 at AED 1,226 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,196). 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. 612's AED 60,000 is in the lower half 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 | |
| 604 | 1-bed | 807 sqft | AED 800KAED 800,000 · Jun 2023June 2023 | 51,920 /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 | |
| 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 |
612, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 831,809, last on 19 February 2024 for AED 760,000 (AED 1,226 per sqft).
- Rented since January 2014 on 3 Ejari contracts, from AED 32,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 7.9%, 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 March 2024.
Questions about 612, Mayfair Tower
What did unit 612 last sell for?
AED 760,000 on 19 February 2024: AED 1,226 per sqft for 619 sqft. The unit has 4 registered sales; the first was AED 831,809 in June 2009.
What is the rent for unit 612?
AED 60,000 a year on the contract renewed on 1 March 2024. The previous contract, from December 2017, was AED 60,000; the unit has been rented since January 2014.
How big is unit 612?
619 sqft (57.5 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2011.
What is unit 612 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 612, Mayfair Tower
Starts from the last sale price (AED 760K, 19 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 760,000
- Deposit, UAE resident (20%)
- AED 152,000
- Deposit, non-resident (40%)
- AED 304,000
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →