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1-bed · 807 sqftMayfair Tower, Business Bay · 9th floor · completed 2011

904, Mayfair Tower

Sold prices and rental history: sold twice, last in August 2014, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 10 August 2014
Last soldAED 1.24M10 August 2014
Current rentAED 65K /yr20 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 904, Mayfair Tower

What is 904 worth today?

Last sold for AED 1,243,367 in 2014

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10 Aug 2014SoldReady
AED 1,243,367AED 1,541 per sqft
20 Sep 2013RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
11 Jun 2009Sold by developerOff-plan
AED 1,193,366AED 1,479 per sqft

Source: Dubai Land Department. Updated 10 August 2014.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
9th of 17
Parking
P2-01
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.24M · August 2014
Building
Mayfair Tower

About 904, Mayfair Tower

904 is a one-bedroom apartment of 807 sqft on the 9th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 10 August 2014 for AED 1,243,367, or AED 1,541 per sqft, 6% above the AED 1,452 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2013. The current contract, signed on 20 September 2013, is AED 65,000 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical 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, June 2009: AED 1,193,366 (AED 1,479 per sqft)Sold, August 2014: AED 1,243,367 (AED 1,541 per sqft)

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

Rents
Unit 904, 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, September 2013: AED 65,000 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 904 sits

All 202 1-beds →

904 last sold in August 2014 at AED 1,541 per sqft, 6% above what one-beds in Mayfair Tower were fetching at the time (AED 1,452). 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. 904's AED 65,000 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 9th floor

All 215 units in Mayfair Tower
Value
9011-bedAED 800K · Oct 2024
9021-bedAED 1.24M · Mar 2014
9031-bedAED 700K · Nov 2014
9051-bedAED 810K · Jul 2026
9061-bedAED 930K · Feb 2026
9071-bedAED 825K · Mar 2025
9091-bedAED 1.29M · Dec 2017
1–7 of 12

904, Mayfair Tower in numbers

  • Sold twice: first on 11 June 2009 for AED 1,193,366, last on 10 August 2014 for AED 1,243,367 (AED 1,541 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 5.2%, 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 10 August 2014.

Questions about 904, Mayfair Tower

What did unit 904 last sell for?

AED 1,243,367 on 10 August 2014: AED 1,541 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 1,193,366 in June 2009.

What is the rent for unit 904?

AED 65,000 a year on the contract signed on 20 September 2013.

How big is unit 904?

807 sqft (75.0 sqm): a one-bedroom apartment on the 9th floor of a 17-storey tower completed in 2011.

What is unit 904 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 904, Mayfair Tower

Starts from the last sale price (AED 1.24M, 10 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,243,367
Deposit, UAE resident (20%)
AED 248,673
Deposit, non-resident (40%)
AED 497,347
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 →