1-bed · 627 sqftMayfair Tower, Business Bay · 6th floor · completed 2011

613, Mayfair Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 845K17 October 2024
Current rentAED 38K /yr19 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Mayfair Tower

What is 613 worth today?

Last sold for AED 845,000 in 2024

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17 Oct 2024SoldReady
AED 845,000AED 1,346 per sqft
13 Feb 2017SoldReady
AED 900,000AED 1,434 per sqft
21 Jan 2014Sold by developerReady
AED 877,161AED 1,398 per sqft
19 Mar 2013RentedNew contract
AED 38,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
6th of 17
Parking
B3-35
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 845K · October 2024

About 613, Mayfair Tower

613 is a one-bedroom apartment of 627 sqft on the 6th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 17 October 2024 for AED 845,000, or AED 1,346 per sqft, in line with the AED 1,320 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 March 2013. The current contract, signed on 19 March 2013, is AED 38,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, January 2014: AED 877,161 (AED 1,398 per sqft)Sold, February 2017: AED 900,000 (AED 1,434 per sqft)Sold, October 2024: AED 845,000 (AED 1,346 per sqft)

613 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 613, 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, March 2013: AED 38,000 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 613 sits

All 202 1-beds →

613 last sold in October 2024 at AED 1,346 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,320). 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. 613's AED 38,000 is at the bottom 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 6th floor

All 215 units in Mayfair Tower
Value
6011-bedAED 887K · Oct 2013
6021-bedAED 900K · Sep 2023
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
1–7 of 13

613, Mayfair Tower in numbers

  • Sold 3 times: first on 21 January 2014 for AED 877,161, last on 17 October 2024 for AED 845,000 (AED 1,346 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 4.5%, 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 17 October 2024.

Questions about 613, Mayfair Tower

What did unit 613 last sell for?

AED 845,000 on 17 October 2024: AED 1,346 per sqft for 627 sqft. The unit has 3 registered sales; the first was AED 877,161 in January 2014.

What is the rent for unit 613?

AED 38,000 a year on the contract signed on 19 March 2013.

How big is unit 613?

627 sqft (58.3 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2011.

What is unit 613 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 613, Mayfair Tower

Starts from the last sale price (AED 845K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

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