1304, Mayfair Tower
Sold prices and rental history: sold twice, last in August 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Mayfair Tower
What is 1304 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 13th of 17
- Parking
- B1-07
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.24M · August 2011
- Building
- Mayfair Tower
About 1304, Mayfair Tower
1304 is a one-bedroom apartment of 807 sqft on the 13th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 August 2011 for AED 1,238,659, or AED 1,535 per sqft, 46% above the AED 1,052 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 65,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 13,100 a year.
Sales and rents for 1304 over time
1304 has sold twice; 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 1304 sits
All 198 1-beds →1304 last sold in August 2011 at AED 1,535 per sqft, 46% above what one-beds in Mayfair Tower were fetching at the time (AED 1,052). 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. 1304's AED 65,000 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 13th floor
All 214 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 574 sqft | AED 855KAED 854,600 · Aug 2012August 2012 | 70,000 /yr | |
| 1302 | 1-bed | 805 sqft | AED 613KAED 613,309 · Jul 2016July 2016 | 66,550 /yr | |
| 1303 | 1-bed | 574 sqft | AED 316KAED 316,250 · Aug 2022August 2022 | 51,750 /yr | |
| 1305 | 1-bed | 569 sqft | AED 720KAED 719,595 · Nov 2013November 2013 | 80,000 /yr | |
| 1308 | 1-bed | 569 sqft | AED 833KAED 832,831 · May 2014May 2014 | 70,000 /yr | |
| 1309 | 1-bed | 807 sqft | AED 1.03MAED 1,029,956 · Mar 2014March 2014 | 72,000 /yr | |
| 1310 | 1-bed | 574 sqft | AED 730KAED 730,000 · Aug 2023August 2023 | 68,000 /yr | |
| 1311 | 1-bed | 603 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 68,000 /yr | |
| 1312 | 1-bed | 619 sqft | AED 700KAED 700,000 · Oct 2024October 2024 | 70,000 /yr | |
| 1313 | 1-bed | 627 sqft | AED 864KAED 863,914 · Oct 2013October 2013 | 65,000 /yr | |
| 1314 | 1-bed | 627 sqft | AED 446KAED 445,618 · Nov 2011November 2011 | 65,000 /yr |
1304, Mayfair Tower in numbers
- Sold twice: first on 10 May 2010 for AED 1,183,659, last on 11 August 2011 for AED 1,238,659 (AED 1,535 per sqft).
- Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 65,000 by June 2024.
- At AED 65,000 a year the gross yield on the 2011 price is 5.3%, 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 10 June 2024.
Questions about 1304, Mayfair Tower
What did unit 1304 last sell for?
AED 1,238,659 on 11 August 2011: AED 1,535 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 1,183,659 in May 2010.
What is the rent for unit 1304?
AED 65,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2022, was AED 50,000; the unit has been rented since November 2014.
How big is unit 1304?
807 sqft (75.0 sqm): a one-bedroom apartment on the 13th floor of a 17-storey tower completed in 2011.
What is unit 1304 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 1304, Mayfair Tower
Starts from the last sale price (AED 1.24M, 11 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,238,659
- Deposit, UAE resident (20%)
- AED 247,732
- Deposit, non-resident (40%)
- AED 495,464
- Monthly over 25 years at 3.7%
- AED 5,068
Plus AED 57,033 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →