614, Mayfair Tower
Sold prices and rental history: sold 4 times, last in August 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, Mayfair Tower
What is 614 worth today?
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Source: Dubai Land Department. Updated 16 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 627 sqft
- Floor
- 6th of 17
- Parking
- P1-02
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 775K · August 2023
- Building
- Mayfair Tower
About 614, Mayfair Tower
614 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 16 August 2023 for AED 775,000, or AED 1,236 per sqft, 18% above the AED 1,045 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 10 January 2023, is AED 65,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 614 over time
614 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 614 sits
All 202 1-beds →614 last sold in August 2023 at AED 1,236 per sqft, 18% above what one-beds in Mayfair Tower were fetching at the time (AED 1,045). 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. 614's AED 65,000 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 | |
| 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, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 901,054, last on 16 August 2023 for AED 775,000 (AED 1,236 per sqft).
- Rented since October 2015 on 2 Ejari contracts, from AED 70,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 8.4%, 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 16 August 2023.
Questions about 614, Mayfair Tower
What did unit 614 last sell for?
AED 775,000 on 16 August 2023: AED 1,236 per sqft for 627 sqft. The unit has 4 registered sales; the first was AED 901,054 in June 2009.
What is the rent for unit 614?
AED 65,000 a year on the contract signed on 10 January 2023. The previous contract, from October 2015, was AED 70,000.
How big is unit 614?
627 sqft (58.3 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2011.
What is unit 614 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 614, Mayfair Tower
Starts from the last sale price (AED 775K, 16 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →