1008, Mayfair Tower
Sold prices and rental history: sold 4 times, last in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Mayfair Tower
What is 1008 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 569 sqft
- Floor
- 10th of 17
- Parking
- B2-43
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,200 /yr
- Last sold
- AED 789K · August 2017
- Building
- Mayfair Tower
About 1008, Mayfair Tower
1008 is a one-bedroom apartment of 569 sqft on the 10th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 2 August 2017 for AED 789,000, or AED 1,386 per sqft, 8% above the AED 1,284 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 October 2024, is AED 60,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 9,200 a year.
Sales and rents for 1008 over time
1008 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 1008 sits
All 198 1-beds →1008 last sold in August 2017 at AED 1,386 per sqft, 8% above what one-beds in Mayfair Tower were fetching at the time (AED 1,284). 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. 1008's AED 60,000 is at the bottom 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 | |
| 1002 | 1-bed | 805 sqft | AED 1.05MAED 1,050,000 · Jul 2017July 2017 | 77,175 /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 | |
| 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 |
1008, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 787,331, last on 2 August 2017 for AED 789,000 (AED 1,386 per sqft).
- Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2021 and recovered to AED 60,000 by October 2024.
- At AED 60,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 9,200 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 7 October 2024.
Questions about 1008, Mayfair Tower
What did unit 1008 last sell for?
AED 789,000 on 2 August 2017: AED 1,386 per sqft for 569 sqft. The unit has 4 registered sales; the first was AED 787,331 in June 2009.
What is the rent for unit 1008?
AED 60,000 a year on the contract signed on 7 October 2024. The previous contract, from September 2023, was AED 62,000; the unit has been rented since March 2018.
How big is unit 1008?
569 sqft (52.9 sqm): a one-bedroom apartment on the 10th floor of a 17-storey tower completed in 2011.
What is unit 1008 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 1008, Mayfair Tower
Starts from the last sale price (AED 789K, 2 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 789,000
- Deposit, UAE resident (20%)
- AED 157,800
- Deposit, non-resident (40%)
- AED 315,600
- Monthly over 25 years at 3.7%
- AED 3,228
Plus AED 38,148 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →