114, Mayfair Tower
Sold prices and rental history: sold 4 times, last in October 2024, 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 114, Mayfair Tower
What is 114 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 1st of 17
- Parking
- B3-51
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 14,100 /yr
- Last sold
- AED 940K · October 2024
- Building
- Mayfair Tower
About 114, Mayfair Tower
114 is a one-bedroom apartment of 870 sqft on the 1st floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 16 October 2024 for AED 940,000, or AED 1,079 per sqft, 18% below the AED 1,311 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 September 2022, is AED 50,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 14,100 a year.
Sales and rents for 114 over time
114 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 114 sits
All 198 1-beds →114 last sold in October 2024 at AED 1,079 per sqft, 18% below what one-beds in Mayfair Tower were fetching at the time (AED 1,311). 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. 114's AED 50,000 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 1st floor
All 214 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 913 sqft | AED 1.08MAED 1,075,278 · Mar 2014March 2014 | 70,000 /yr | |
| 102 | 1-bed | 1,284 sqft | AED 1.36MAED 1,356,587 · Mar 2014March 2014 | 58,000 /yr | |
| 103 | 1-bed | 825 sqft | AED 740KAED 740,000 · May 2023May 2023 | 63,000 /yr | |
| 104 | 1-bed | 644 sqft | AED 1.2MAED 1,204,556 · Oct 2012October 2012 | ||
| 105 | 1-bed | 897 sqft | AED 1.11MAED 1,109,168 · Jan 2014January 2014 | 65,000 /yr | |
| 106 | 1-bed | 906 sqft | AED 950KAED 950,000 · Dec 2014December 2014 | 96,000 /yr | |
| 107 | 1-bed | 906 sqft | AED 1MAED 1,000,000 · Oct 2017October 2017 | 50,000 /yr | |
| 108 | 1-bed | 897 sqft | AED 460KAED 460,000 · Feb 2012February 2012 | 64,000 /yr | |
| 109 | 1-bed | 807 sqft | AED 1.02MAED 1,021,527 · Mar 2014March 2014 | 48,963 /yr | |
| 110 | 1-bed | 575 sqft | AED 824KAED 824,439 · Jan 2014January 2014 | 54,000 /yr | |
| 111 | 1-bed | 806 sqft | AED 1.02MAED 1,020,855 · Mar 2014March 2014 | 66,000 /yr | |
| 112 | 1-bed | 999 sqft | AED 520KAED 520,000 · Jul 2012July 2012 | 62,489 /yr | |
| 113 | 1-bed | 871 sqft | AED 1.05MAED 1,050,000 · Apr 2015April 2015 | 90,000 /yr |
114, Mayfair Tower in numbers
- Sold 4 times: first on 5 July 2009 for AED 886,748, last on 16 October 2024 for AED 940,000 (AED 1,079 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 40,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 14,100 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 16 October 2024.
Questions about 114, Mayfair Tower
What did unit 114 last sell for?
AED 940,000 on 16 October 2024: AED 1,079 per sqft for 870 sqft. The unit has 4 registered sales; the first was AED 886,748 in July 2009.
What is the rent for unit 114?
AED 50,000 a year on the contract signed on 10 September 2022. The previous contract, from August 2020, was AED 40,000; the unit has been rented since August 2013.
How big is unit 114?
870 sqft (80.8 sqm): a one-bedroom apartment on the 1st floor of a 17-storey tower completed in 2011.
What is unit 114 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 114, Mayfair Tower
Starts from the last sale price (AED 940K, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →