902, Mayfair Tower
Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Mayfair Tower
What is 902 worth today?
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Source: Dubai Land Department. Updated 1 May 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 9th of 17
- Parking
- P2-02
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.24M · March 2014
- Building
- Mayfair Tower
About 902, Mayfair Tower
902 is a one-bedroom apartment of 805 sqft on the 9th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 16 March 2014 for AED 1,243,366, or AED 1,544 per sqft, 8% above the AED 1,432 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 May 2020, is AED 50,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 13,100 a year.
Sales and rents for 902 over time
902 has sold twice; 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 902 sits
All 202 1-beds →902 last sold in March 2014 at AED 1,544 per sqft, 8% above what one-beds in Mayfair Tower were fetching at the time (AED 1,432). 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. 902's AED 50,000 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 9th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 574 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 72,000 /yr | |
| 903 | 1-bed | 574 sqft | AED 700KAED 700,000 · Nov 2014November 2014 | 68,250 /yr | |
| 904 | 1-bed | 807 sqft | AED 1.24MAED 1,243,367 · Aug 2014August 2014 | 65,000 /yr | |
| 905 | 1-bed | 569 sqft | AED 810KAED 810,000 · Jul 2026July 2026 | 70,000 /yr | |
| 906 | 1-bed | 576 sqft | AED 930KAED 930,000 · Feb 2026February 2026 | 60,000 /yr | |
| 907 | 1-bed | 576 sqft | AED 825KAED 825,000 · Mar 2025March 2025 | 70,000 /yr | |
| 909 | 1-bed | 807 sqft | AED 1.29MAED 1,290,324 · Dec 2017December 2017 | 46,200 /yr | |
| 910 | 1-bed | 574 sqft | AED 891KAED 891,239 · Jan 2012January 2012 | 60,000 /yr | |
| 911 | 1-bed | 804 sqft | AED 1.24MAED 1,242,953 · Jun 2014June 2014 | 46,000 /yr | |
| 912 | 1-bed | 619 sqft | AED 445KAED 445,492 · Dec 2015December 2015 | 77,000 /yr | |
| 913 | 1-bed | 627 sqft | AED 875KAED 875,000 · May 2026May 2026 | 65,000 /yr | |
| 914 | 1-bed | 627 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 85,000 /yr |
902, Mayfair Tower in numbers
- Sold twice: first on 11 June 2009 for AED 1,193,366, last on 16 March 2014 for AED 1,243,366 (AED 1,544 per sqft).
- Rented since March 2013 on 6 Ejari contracts, from AED 47,250 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2014 price is 4.0%, 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 1 May 2020.
Questions about 902, Mayfair Tower
What did unit 902 last sell for?
AED 1,243,366 on 16 March 2014: AED 1,544 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 1,193,366 in June 2009.
What is the rent for unit 902?
AED 50,000 a year on the contract signed on 1 May 2020. The previous contract, from May 2019, was AED 64,000; the unit has been rented since March 2013.
How big is unit 902?
805 sqft (74.8 sqm): a one-bedroom apartment on the 9th floor of a 17-storey tower completed in 2011.
What is unit 902 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 902, Mayfair Tower
Starts from the last sale price (AED 1.24M, 16 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,243,366
- Deposit, UAE resident (20%)
- AED 248,673
- Deposit, non-resident (40%)
- AED 497,346
- Monthly over 25 years at 3.7%
- AED 5,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →