1002, Mayfair Tower
Sold prices and rental history: sold 4 times, last in July 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Mayfair Tower
What is 1002 worth today?
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Source: Dubai Land Department. Updated 14 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 10th of 17
- Parking
- B2-37
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.05M · July 2017
- Building
- Mayfair Tower
About 1002, Mayfair Tower
1002 is a one-bedroom apartment of 805 sqft on the 10th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 6 July 2017 for AED 1,050,000, or AED 1,303 per sqft, 14% above the AED 1,141 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 14 December 2024, is AED 77,175 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 13,100 a year.
Sales and rents for 1002 over time
1002 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 1002 sits
All 198 1-beds →1002 last sold in July 2017 at AED 1,303 per sqft, 14% above what one-beds in Mayfair Tower were fetching at the time (AED 1,141). Over the last 12 months one-beds sold for AED 930,000 to 1,113,296, around AED 1,499 per sqft, and rent for AED 64,150 to 100,000 a year. 1002's AED 77,175 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 576 sqft | 930,000 | 1,614 | ||
| 8 Jan 20268 January 2026 | 619 sqft | 1,000,000 | 1,614 | ||
| 9 Dec 20259 December 2025 | 807 sqft | 1,036,850 | 1,285 | ||
| 9 Dec 20259 December 2025 | 804 sqft | 1,113,296 | 1,384 |
Mayfair Tower
Building214 apartments, 1-bed to 2-bed over 17 floors in Business Bay, completed in 2011 by Deyaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,499
- Typical sale
- AED 1.02M
- Typical rent
- AED 80K /yr
- Typical yield
- 8.4%
Other units on the 10th floor
All 214 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 574 sqft | AED 850KAED 850,000 · Jun 2017June 2017 | 48,000 /yr | |
| 1003 | 1-bed | 574 sqft | AED 530KAED 530,000 · Sep 2020September 2020 | 75,000 /yr | |
| 1004 | 1-bed | 807 sqft | AED 1.02MAED 1,020,000 · Aug 2017August 2017 | 44,000 /yr | |
| 1005 | 1-bed | 569 sqft | AED 800KAED 800,000 · Apr 2017April 2017 | 72,000 /yr | |
| 1006 | 1-bed | 576 sqft | AED 600KAED 600,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1007 | 1-bed | 576 sqft | AED 820KAED 820,000 · Aug 2017August 2017 | 40,000 /yr | |
| 1008 | 1-bed | 569 sqft | AED 789KAED 789,000 · Aug 2017August 2017 | 60,000 /yr | |
| 1009 | 1-bed | 807 sqft | AED 703KAED 703,339 · Dec 2022December 2022 | 38,000 /yr | |
| 1010 | 1-bed | 574 sqft | AED 570KAED 570,000 · Sep 2022September 2022 | 69,000 /yr | |
| 1011 | 1-bed | 804 sqft | AED 730KAED 730,000 · May 2023May 2023 | 55,000 /yr | |
| 1012 | 1-bed | 619 sqft | AED 720KAED 720,000 · Aug 2023August 2023 | 74,400 /yr | |
| 1013 | 1-bed | 627 sqft | AED 870KAED 870,000 · May 2017May 2017 | 20,000 /yr | |
| 1014 | 1-bed | 627 sqft | AED 910KAED 910,000 · Jun 2017June 2017 | 58,443 /yr |
1002, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 1,164,056, last on 6 July 2017 for AED 1,050,000 (AED 1,303 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 71,000 to AED 45,000 in 2021 and recovered to AED 77,175 by December 2024.
- At AED 77,175 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 13,100 a year (AED 16.23 per sqft).
- One-beds in Mayfair Tower sold for AED 930,000–1,113,296 in the 12 months to November 2026; the building's median across all types is AED 1,499 per sqft.
Source: Dubai Land Department. Updated 14 December 2024.
Questions about 1002, Mayfair Tower
What did unit 1002 last sell for?
AED 1,050,000 on 6 July 2017: AED 1,303 per sqft for 805 sqft. The unit has 4 registered sales; the first was AED 1,164,056 in June 2009.
What is the rent for unit 1002?
AED 77,175 a year on the contract renewed on 14 December 2024. The previous contract, from December 2023, was AED 73,500; the unit has been rented since October 2016.
How big is unit 1002?
805 sqft (74.8 sqm): a one-bedroom apartment on the 10th floor of a 17-storey tower completed in 2011.
What is unit 1002 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 930,000 to 1,113,296 in the last 12 months, around AED 1,499 per sqft.
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Mortgage on 1002, Mayfair Tower
Starts from the last sale price (AED 1.05M, 6 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →