1-bed · 807 sqftMayfair Tower, Business Bay · 13th floor · completed 2011

1309, Mayfair Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 1.03M19 March 2014
Current rentAED 72K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Mayfair Tower

What is 1309 worth today?

Last sold for AED 1,029,956 in 2014

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25 Jan 2025RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
4 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
1 Jan 2016RentedNew contract
AED 66,240/yr12 months · AED 82 per sqft
19 Mar 2014Sold by developerReady
AED 1,029,956AED 1,276 per sqft
1 Jan 2014RentedNew contract
AED 46,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
13th of 17
Parking
B1-09
Developer
Deyaar
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 1.03M · March 2014

About 1309, Mayfair Tower

1309 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. The developer sold it on 19 March 2014 for AED 1,029,956, or AED 1,276 per sqft, 11% below the AED 1,428 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 25 January 2025, is AED 72,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, each saleTypical one-bed in Mayfair Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 828,776; 2010 AED 876,848; 2011 AED 615,402; 2012 AED 874,664; 2013 AED 851,281; 2014 AED 909,934; 2015 AED 862,500; 2016 AED 725,000; 2017 AED 850,000; 2019 AED 730,000; 2021 AED 530,000; 2022 AED 600,000; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 965,000Sold by developer, March 2014: AED 1,029,956 (AED 1,276 per sqft)

1309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, each contractTypical one-bed in Mayfair Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 35,077; 2013 AED 46,200; 2014 AED 52,800; 2015 AED 70,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 54,000; 2020 AED 45,000; 2021 AED 41,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 70,000; 2026 AED 73,500New contract, January 2014: AED 46,000 a yearNew contract, January 2016: AED 66,240 a yearNew contract, January 2024: AED 70,000 a yearNew contract, January 2025: AED 72,000 a year

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 1309 sits

All 198 1-beds →

1309 last sold in March 2014 at AED 1,276 per sqft, 11% below what one-beds in Mayfair Tower were fetching at the time (AED 1,428). 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. 1309's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026930,000
8 Jan 20261,000,000
9 Dec 20251,036,850
9 Dec 20251,113,296
4 1-bed sales in the last 12 months

Mayfair Tower

Building

214 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%
Mayfair Tower, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 214 units in Mayfair Tower
Value
13011-bedAED 855K · Aug 2012
13021-bedAED 613K · Jul 2016
13031-bedAED 316K · Aug 2022
13041-bedAED 1.24M · Aug 2011
13051-bedAED 720K · Nov 2013
13081-bedAED 833K · May 2014
13101-bedAED 730K · Aug 2023
1–7 of 11

1309, Mayfair Tower in numbers

  • Sold once: by Deyaar on 19 March 2014 for AED 1,029,956, or AED 1,276 per sqft.
  • Rented since January 2014 on 4 Ejari contracts, from AED 46,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 7.0%, 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 25 January 2025.

Questions about 1309, Mayfair Tower

What did unit 1309 last sell for?

AED 1,029,956 on 19 March 2014, sold by the developer: AED 1,276 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 72,000 a year on the contract signed on 25 January 2025. The previous contract, from January 2024, was AED 70,000; the unit has been rented since January 2014.

How big is unit 1309?

807 sqft (75.0 sqm): a one-bedroom apartment on the 13th floor of a 17-storey tower completed in 2011.

What is unit 1309 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 1309, Mayfair Tower

Starts from the last sale price (AED 1.03M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,029,956
Deposit, UAE resident (20%)
AED 205,991
Deposit, non-resident (40%)
AED 411,982
Monthly over 25 years at 3.7%
AED 4,214

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →