714, Mayfair Tower
Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 714, Mayfair Tower
What is 714 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 627 sqft
- Floor
- 7th of 17
- Parking
- B3-31
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 940K · November 2024
- Building
- Mayfair Tower
About 714, Mayfair Tower
714 is a one-bedroom apartment of 627 sqft on the 7th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 November 2024 for AED 940,000, or AED 1,499 per sqft, 12% above the AED 1,335 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 2 October 2023, is AED 73,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 714 over time
714 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 714 sits
All 202 1-beds →714 last sold in November 2024 at AED 1,499 per sqft, 12% above what one-beds in Mayfair Tower were fetching at the time (AED 1,335). 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. 714's AED 73,000 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 | |
| 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, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 904,367, last on 1 November 2024 for AED 940,000 (AED 1,499 per sqft).
- Rented since June 2018 on 3 Ejari contracts, from AED 60,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2024 price is 7.8%, 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 1 November 2024.
Questions about 714, Mayfair Tower
What did unit 714 last sell for?
AED 940,000 on 1 November 2024: AED 1,499 per sqft for 627 sqft. The unit has 4 registered sales; the first was AED 904,367 in June 2009.
What is the rent for unit 714?
AED 73,000 a year on the contract signed on 2 October 2023. The previous contract, from August 2022, was AED 60,000; the unit has been rented since June 2018.
How big is unit 714?
627 sqft (58.3 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.
What is unit 714 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 714, Mayfair Tower
Starts from the last sale price (AED 940K, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →