802, Mayfair Tower
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 802, Mayfair Tower
What is 802 worth today?
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Source: Dubai Land Department. Updated 5 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 8th of 17
- Parking
- B2-04
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.22M · March 2014
- Building
- Mayfair Tower
About 802, Mayfair Tower
802 is a one-bedroom apartment of 805 sqft on the 8th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 19 March 2014 for AED 1,224,010, or AED 1,520 per sqft, 7% above the AED 1,427 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 November 2024, is AED 75,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 13,100 a year.
Sales and rents for 802 over time
802 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 802 sits
All 202 1-beds →802 last sold in March 2014 at AED 1,520 per sqft, 7% above what one-beds in Mayfair Tower were fetching at the time (AED 1,427). 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. 802's AED 75,000 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 8th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 525 sqft | AED 456KAED 455,600 · Sep 2021September 2021 | 58,000 /yr | |
| 803 | 1-bed | 574 sqft | AED 885KAED 885,000 · Mar 2016March 2016 | 81,500 /yr | |
| 804 | 1-bed | 807 sqft | AED 1.22MAED 1,224,010 · Mar 2014March 2014 | 65,000 /yr | |
| 805 | 1-bed | 569 sqft | AED 820KAED 820,000 · Mar 2024March 2024 | 87,000 /yr | |
| 806 | 1-bed | 576 sqft | AED 540KAED 540,000 · May 2022May 2022 | 60,000 /yr | |
| 807 | 1-bed | 576 sqft | AED 500KAED 500,000 · Dec 2021December 2021 | 75,000 /yr | |
| 808 | 1-bed | 569 sqft | AED 800KAED 800,000 · Feb 2025February 2025 | 42,000 /yr | |
| 809 | 1-bed | 807 sqft | AED 560KAED 560,095 · May 2018May 2018 | 70,000 /yr | |
| 810 | 1-bed | 574 sqft | AED 590KAED 590,000 · Jul 2022July 2022 | 57,500 /yr | |
| 811 | 1-bed | 804 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | 48,000 /yr | |
| 812 | 1-bed | 619 sqft | AED 670KAED 670,000 · Jul 2023July 2023 | 75,000 /yr | |
| 813 | 1-bed | 627 sqft | AED 544KAED 544,400 · Oct 2021October 2021 | 60,000 /yr | |
| 814 | 1-bed | 627 sqft | AED 1.08MAED 1,080,149 · May 2014May 2014 | 51,660 /yr |
802, Mayfair Tower in numbers
- Sold once: by Deyaar on 19 March 2014 for AED 1,224,010, or AED 1,520 per sqft.
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 75,000 by November 2024.
- At AED 75,000 a year the gross yield on the 2014 price is 6.1%, 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 5 November 2024.
Questions about 802, Mayfair Tower
What did unit 802 last sell for?
AED 1,224,010 on 19 March 2014, sold by the developer: AED 1,520 per sqft for 805 sqft. It is the only registered sale of the unit.
What is the rent for unit 802?
AED 75,000 a year on the contract signed on 5 November 2024. The previous contract, from October 2023, was AED 57,500; the unit has been rented since October 2019.
How big is unit 802?
805 sqft (74.8 sqm): a one-bedroom apartment on the 8th floor of a 17-storey tower completed in 2011.
What is unit 802 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 802, Mayfair Tower
Starts from the last sale price (AED 1.22M, 19 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,224,010
- Deposit, UAE resident (20%)
- AED 244,802
- Deposit, non-resident (40%)
- AED 489,604
- Monthly over 25 years at 3.7%
- AED 5,008
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →