1-bed · 576 sqftMayfair Tower, Business Bay · 7th floor · completed 2011

706, Mayfair Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 750K30 October 2023
Current rentAED 66K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mayfair Tower

What is 706 worth today?

Last sold for AED 750,000 in 2023

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3 Oct 2025RentedNew contract
AED 66,000/yr12 months · AED 114 per sqft
3 Oct 2024RentedNew contract
AED 66,000/yr12 months · AED 115 per sqft
30 Oct 2023SoldReady
AED 750,000AED 1,302 per sqft
1 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 103 per sqft
20 Sep 2022RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
10 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 72 per sqft
1 Dec 2018RentedNew contract
AED 55,000/yr12 months · AED 95 per sqft
1 Aug 2017RentedNew contract
AED 65,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
1-bed apartment
Size
576 sqft
Floor
7th of 17
Parking
B3-56
Developer
Deyaar
Completed
2011
Service charge
AED 9,300 /yr
Last sold
AED 750K · October 2023

About 706, Mayfair Tower

706 is a one-bedroom apartment of 576 sqft on the 7th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 30 October 2023 for AED 750,000, or AED 1,302 per sqft, 19% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 3 October 2025, is AED 66,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2014: AED 820,786 (AED 1,425 per sqft)Sold, October 2023: AED 750,000 (AED 1,302 per sqft)

706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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, February 2014: AED 46,000 a yearNew contract, September 2015: AED 70,000 a yearNew contract, August 2017: AED 65,000 a yearNew contract, December 2018: AED 55,000 a yearNew contract, July 2021: AED 42,000 a yearNew contract, September 2022: AED 50,000 a yearNew contract, October 2023: AED 60,000 a yearNew contract, October 2024: AED 66,000 a yearNew contract, October 2025: AED 66,000 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 706 sits

All 202 1-beds →

706 last sold in October 2023 at AED 1,302 per sqft, 19% above what one-beds in Mayfair Tower were fetching at the time (AED 1,090). 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. 706's AED 66,000 is in the lower half 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 7th floor

All 215 units in Mayfair Tower
Value
7011-bedAED 1.2M · Jun 2016
7021-bedAED 523K · May 2016
7031-bedAED 1.05M · Jan 2025
7041-bedAED 1.23M · Mar 2014
7051-bedAED 784K · Sep 2013
7071-bedAED 852K · Jun 2014
7081-bedAED 853K · Oct 2013
1–7 of 13

706, Mayfair Tower in numbers

  • Sold twice: first on 19 March 2014 for AED 820,786, last on 30 October 2023 for AED 750,000 (AED 1,302 per sqft).
  • Rented since February 2014 on 9 Ejari contracts, from AED 46,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 8.8%, 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 3 October 2025.

Questions about 706, Mayfair Tower

What did unit 706 last sell for?

AED 750,000 on 30 October 2023: AED 1,302 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 820,786 in March 2014.

What is the rent for unit 706?

AED 66,000 a year on the contract signed on 3 October 2025. The previous contract, from October 2024, was AED 66,000; the unit has been rented since February 2014.

How big is unit 706?

576 sqft (53.5 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.

What is unit 706 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 706, Mayfair Tower

Starts from the last sale price (AED 750K, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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