705, Mayfair Tower
Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Mayfair Tower
What is 705 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 569 sqft
- Floor
- 7th of 17
- Parking
- B2-73
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,200 /yr
- Last sold
- AED 784K · September 2013
- Building
- Mayfair Tower
About 705, Mayfair Tower
705 is a one-bedroom apartment of 569 sqft on the 7th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 26 September 2013 for AED 784,323, or AED 1,377 per sqft, in line with the AED 1,394 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 February 2024, is AED 70,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 9,200 a year.
Sales and rents for 705 over time
705 has sold once; 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 705 sits
All 202 1-beds →705 last sold in September 2013 at AED 1,377 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,394). 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. 705's AED 70,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 574 sqft | AED 1.2MAED 1,200,000 · Jun 2016June 2016 | 80,000 /yr | |
| 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 | |
| 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 |
705, Mayfair Tower in numbers
- Sold once: by Deyaar on 26 September 2013 for AED 784,323, or AED 1,377 per sqft.
- Rented since January 2014 on 4 Ejari contracts, from AED 44,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2013 price is 8.9%, before a service charge of about AED 9,200 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 1 February 2024.
Questions about 705, Mayfair Tower
What did unit 705 last sell for?
AED 784,323 on 26 September 2013, sold by the developer: AED 1,377 per sqft for 569 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 70,000 a year on the contract signed on 1 February 2024. The previous contract, from July 2019, was AED 56,000; the unit has been rented since January 2014.
How big is unit 705?
569 sqft (52.9 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.
What is unit 705 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 705, Mayfair Tower
Starts from the last sale price (AED 784K, 26 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 784,323
- Deposit, UAE resident (20%)
- AED 156,865
- Deposit, non-resident (40%)
- AED 313,729
- Monthly over 25 years at 3.7%
- AED 3,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →