1203, Mayfair Tower
Sold prices and rental history: sold 3 times, last in March 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Mayfair Tower
What is 1203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 574 sqft
- Floor
- 12th of 17
- Parking
- B2-79
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1M · March 2015
- Building
- Mayfair Tower
About 1203, Mayfair Tower
1203 is a one-bedroom apartment of 574 sqft on the 12th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 March 2015 for AED 1,000,000, or AED 1,742 per sqft, 19% above the AED 1,458 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 70,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1203 over time
1203 has sold 3 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 1203 sits
All 198 1-beds →1203 last sold in March 2015 at AED 1,742 per sqft, 19% above what one-beds in Mayfair Tower were fetching at the time (AED 1,458). 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. 1203's AED 70,000 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 12th floor
All 214 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 574 sqft | AED 875KAED 875,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1202 | 1-bed | 805 sqft | AED 1.22MAED 1,222,430 · Oct 2013October 2013 | ||
| 1204 | 1-bed | 807 sqft | AED 1.22MAED 1,222,430 · Oct 2013October 2013 | ||
| 1205 | 1-bed | 569 sqft | AED 790KAED 790,052 · Jul 2013July 2013 | 68,000 /yr | |
| 1206 | 1-bed | 576 sqft | AED 650KAED 650,000 · Dec 2012December 2012 | 72,000 /yr | |
| 1207 | 1-bed | 576 sqft | AED 843KAED 842,876 · Oct 2013October 2013 | ||
| 1208 | 1-bed | 569 sqft | AED 843KAED 843,435 · Oct 2013October 2013 | ||
| 1209 | 1-bed | 807 sqft | AED 1.16MAED 1,159,622 · Oct 2013October 2013 | 45,000 /yr | |
| 1210 | 1-bed | 574 sqft | AED 720KAED 720,000 · Nov 2023November 2023 | 80,000 /yr | |
| 1211 | 1-bed | 804 sqft | AED 1.16MAED 1,159,621 · Oct 2013October 2013 | 80,000 /yr | |
| 1212 | 1-bed | 619 sqft | AED 857KAED 857,227 · Mar 2014March 2014 | 68,000 /yr | |
| 1213 | 1-bed | 627 sqft | AED 300KAED 300,000 · Jun 2011June 2011 | 65,000 /yr | |
| 1214 | 1-bed | 627 sqft | AED 940KAED 939,723 · Apr 2014April 2014 | 70,000 /yr |
1203, Mayfair Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 830,435, last on 1 March 2015 for AED 1,000,000 (AED 1,742 per sqft).
- Rented since July 2023 on 3 Ejari contracts, from AED 60,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 9,300 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 10 July 2025.
Questions about 1203, Mayfair Tower
What did unit 1203 last sell for?
AED 1,000,000 on 1 March 2015: AED 1,742 per sqft for 574 sqft. The unit has 3 registered sales; the first was AED 830,435 in May 2010.
What is the rent for unit 1203?
AED 70,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2024, was AED 66,000; the unit has been rented since July 2023.
How big is unit 1203?
574 sqft (53.3 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2011.
What is unit 1203 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.
Selling 1203? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1203, Mayfair Tower
Starts from the last sale price (AED 1M, 1 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →