709, Mayfair Tower
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Mayfair Tower
What is 709 worth today?
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Source: Dubai Land Department. Updated 13 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 7th of 17
- Parking
- B1-27
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 880K · August 2024
- Building
- Mayfair Tower
About 709, Mayfair Tower
709 is a one-bedroom apartment of 807 sqft on the 7th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 August 2024 for AED 880,000, or AED 1,090 per sqft, 12% below the AED 1,241 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 15 September 2019, is AED 48,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 709 over time
709 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 709 sits
All 202 1-beds →709 last sold in August 2024 at AED 1,090 per sqft, 12% below what one-beds in Mayfair Tower were fetching at the time (AED 1,241). 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. 709's AED 48,000 is at the bottom 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 | |
| 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 | |
| 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 |
709, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 1,122,183, last on 13 August 2024 for AED 880,000 (AED 1,090 per sqft).
- Rented since June 2015 on 5 Ejari contracts, from AED 73,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 13,100 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 13 August 2024.
Questions about 709, Mayfair Tower
What did unit 709 last sell for?
AED 880,000 on 13 August 2024: AED 1,090 per sqft for 807 sqft. The unit has 4 registered sales; the first was AED 1,122,183 in June 2009.
What is the rent for unit 709?
AED 48,000 a year on the contract signed on 15 September 2019. The previous contract, from June 2018, was AED 65,000; the unit has been rented since June 2015.
How big is unit 709?
807 sqft (75.0 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.
What is unit 709 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 709, Mayfair Tower
Starts from the last sale price (AED 880K, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →