701, Mayfair Tower
Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mayfair Tower
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 7th of 17
- Parking
- P1-13
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.2M · June 2016
- Building
- Mayfair Tower
About 701, Mayfair Tower
701 is a one-bedroom apartment of 574 sqft on the 7th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 14 June 2016 for AED 1,200,000, or AED 2,091 per sqft, 67% above the AED 1,255 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 22 March 2025, is AED 80,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 9,300 a year.
Sales and rents for 701 over time
701 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 701 sits
All 202 1-beds →701 last sold in June 2016 at AED 2,091 per sqft, 67% above what one-beds in Mayfair Tower were fetching at the time (AED 1,255). 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. 701's AED 80,000 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 7th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 805 sqft | AED 523KAED 522,500 · May 2016May 2016 | ||
| 703 | 1-bed | 574 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 83,000 /yr | |
| 704 | 1-bed | 807 sqft | AED 1.23MAED 1,225,372 · Mar 2014March 2014 | 65,000 /yr | |
| 705 | 1-bed | 569 sqft | AED 784KAED 784,323 · Sep 2013September 2013 | 70,000 /yr | |
| 706 | 1-bed | 576 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 66,000 /yr | |
| 707 | 1-bed | 576 sqft | AED 852KAED 852,024 · Jun 2014June 2014 | 65,000 /yr | |
| 708 | 1-bed | 569 sqft | AED 853KAED 852,589 · Oct 2013October 2013 | 60,000 /yr | |
| 709 | 1-bed | 807 sqft | AED 880KAED 880,000 · Aug 2024August 2024 | 48,000 /yr | |
| 710 | 1-bed | 574 sqft | AED 1.01MAED 1,010,000 · Sep 2014September 2014 | 40,000 /yr | |
| 711 | 1-bed | 804 sqft | AED 965KAED 965,000 · Jan 2025January 2025 | 72,000 /yr | |
| 712 | 1-bed | 619 sqft | AED 940KAED 940,000 · Nov 2025November 2025 | 64,150 /yr | |
| 713 | 1-bed | 627 sqft | AED 848KAED 848,064 · Mar 2014March 2014 | 52,000 /yr | |
| 714 | 1-bed | 627 sqft | AED 940KAED 940,000 · Nov 2024November 2024 | 73,000 /yr |
701, Mayfair Tower in numbers
- Sold 3 times: first on 11 June 2009 for AED 814,583, last on 14 June 2016 for AED 1,200,000 (AED 2,091 per sqft).
- Rented since January 2018 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 80,000 by March 2025.
- At AED 80,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 9,300 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 22 March 2025.
Questions about 701, Mayfair Tower
What did unit 701 last sell for?
AED 1,200,000 on 14 June 2016: AED 2,091 per sqft for 574 sqft. The unit has 3 registered sales; the first was AED 814,583 in June 2009.
What is the rent for unit 701?
AED 80,000 a year on the contract signed on 22 March 2025. The previous contract, from February 2021, was AED 40,000; the unit has been rented since January 2018.
How big is unit 701?
574 sqft (53.3 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Mayfair Tower
Starts from the last sale price (AED 1.2M, 14 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →