1-bed · 57 sqftMayfair Tower, Business Bay · 2nd floor · completed 2011

205, Mayfair Tower

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 760K15 November 2023
Current rentAED 100K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Mayfair Tower

What is 205 worth today?

Last sold for AED 760,000 in 2023

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15 Apr 2025RentedRenewal
AED 100,000/yr12 months · AED 175 per sqft
15 Nov 2023SoldReady
AED 760,000AED 1,335 per sqft
19 Apr 2023SoldReady
AED 700,000AED 1,229 per sqft
28 Sep 2022RentedRenewal
AED 43,200/yr12 months · AED 76 per sqft
28 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft
5 Oct 2020RentedNew contract
AED 37,000/yr12 months · AED 65 per sqft
1 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft
29 Aug 2016SoldReady
AED 400,000AED 702 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
57 sqft
Floor
2nd of 17
Parking
B3-45
Developer
Deyaar
Completed
2011
Service charge
AED 900 /yr
Last sold
AED 760K · November 2023

About 205, Mayfair Tower

205 is a one-bedroom apartment of 57 sqft on the 2nd floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 15 November 2023 for AED 760,000, or AED 1,335 per sqft, 20% above the AED 1,108 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 100,000 a year: a gross yield of 13.2% on the 2023 price, before the service charge of about AED 900 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical 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, May 2014: AED 900,000 (AED 1,581 per sqft)Sold by developer, May 2014: AED 807,710 (AED 1,419 per sqft)Sold, August 2016: AED 400,000 (AED 702 per sqft)Sold, April 2023: AED 700,000 (AED 1,229 per sqft)Sold, November 2023: AED 760,000 (AED 1,335 per sqft)

205 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 205, each contractTypical one-bed in Mayfair Tower
50K100K2012201620202024Typical 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, April 2012: AED 35,077 a yearRenewal, May 2013: AED 38,000 a yearNew contract, November 2017: AED 65,000 a yearNew contract, October 2020: AED 37,000 a yearNew contract, September 2021: AED 36,000 a yearRenewal, September 2022: AED 43,200 a yearRenewal, April 2025: AED 100,000 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 205 sits

All 198 1-beds →

205 last sold in November 2023 at AED 1,335 per sqft, 20% above what one-beds in Mayfair Tower were fetching at the time (AED 1,108). 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. 205's AED 100,000 is at the top 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 2nd floor

All 214 units in Mayfair Tower
Value
2011-bedAED 728K · May 2023
2021-bedAED 532K · Oct 2011
2031-bedAED 458K · Dec 2012
2041-bedAED 1.35M · Jun 2014
2061-bedAED 857K · Aug 2024
2071-bedAED 798K · Sep 2013
2081-bedAED 850K · Jul 2024
1–7 of 13

205, Mayfair Tower in numbers

  • Sold 5 times: first on 7 May 2014 for AED 807,710, last on 15 November 2023 for AED 760,000 (AED 1,335 per sqft).
  • Rented since April 2012 on 7 Ejari contracts, from AED 35,077 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 13.2%, before a service charge of about AED 900 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 15 April 2025.

Questions about 205, Mayfair Tower

What did unit 205 last sell for?

AED 760,000 on 15 November 2023: AED 1,335 per sqft for 57 sqft. The unit has 5 registered sales; the first was AED 807,710 in May 2014.

What is the rent for unit 205?

AED 100,000 a year on the contract renewed on 15 April 2025. The previous contract, from September 2022, was AED 43,200; the unit has been rented since April 2012.

How big is unit 205?

57 sqft (5.3 sqm): a one-bedroom apartment on the 2nd floor of a 17-storey tower completed in 2011.

What is unit 205 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 205, Mayfair Tower

Starts from the last sale price (AED 760K, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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