304, 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.
Property timeline for 304, Mayfair Tower
What is 304 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 3rd of 17
- Parking
- B1-20
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.22M · March 2014
- Building
- Mayfair Tower
About 304, Mayfair Tower
304 is a one-bedroom apartment of 807 sqft on the 3rd 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 1,221,540, or AED 1,514 per sqft, 6% above the AED 1,428 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 May 2022, is AED 50,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 13,100 a year.
Sales and rents for 304 over time
304 has sold once; 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 304 sits
All 198 1-beds →304 last sold in March 2014 at AED 1,514 per sqft, 6% above 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. 304'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 3rd floor
All 214 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 574 sqft | AED 840KAED 840,251 · Apr 2014April 2014 | 67,210 /yr | |
| 302 | 1-bed | 805 sqft | AED 620KAED 620,000 · Sep 2012September 2012 | 80,000 /yr | |
| 303 | 1-bed | 574 sqft | AED 915KAED 915,000 · Oct 2016October 2016 | 76,000 /yr | |
| 305 | 1-bed | 569 sqft | AED 786KAED 786,347 · Dec 2013December 2013 | 66,000 /yr | |
| 306 | 1-bed | 576 sqft | AED 627KAED 627,054 · Aug 2018August 2018 | 78,000 /yr | |
| 307 | 1-bed | 576 sqft | AED 700KAED 700,000 · Mar 2016March 2016 | 55,000 /yr | |
| 308 | 1-bed | 569 sqft | AED 700KAED 700,000 · Dec 2023December 2023 | 65,000 /yr | |
| 309 | 1-bed | 807 sqft | AED 760KAED 760,000 · Nov 2023November 2023 | 87,907 /yr | |
| 310 | 1-bed | 574 sqft | AED 757KAED 756,594 · Sep 2013September 2013 | 63,000 /yr | |
| 311 | 1-bed | 804 sqft | AED 800KAED 800,000 · Oct 2023October 2023 | 80,000 /yr | |
| 312 | 1-bed | 310 sqft | AED 310KAED 310,000 · May 2016May 2016 | 71,000 /yr | |
| 313 | 1-bed | 627 sqft | AED 911KAED 911,116 · Feb 2013February 2013 | 75,000 /yr | |
| 314 | 1-bed | 627 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 68,000 /yr |
304, Mayfair Tower in numbers
- Sold once: by Deyaar on 19 March 2014 for AED 1,221,540, or AED 1,514 per sqft.
- Rented since May 2014 on 5 Ejari contracts, from AED 55,440 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2014 price is 4.1%, 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 20 May 2022.
Questions about 304, Mayfair Tower
What did unit 304 last sell for?
AED 1,221,540 on 19 March 2014, sold by the developer: AED 1,514 per sqft for 807 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 50,000 a year on the contract signed on 20 May 2022. The previous contract, from July 2018, was AED 56,000; the unit has been rented since May 2014.
How big is unit 304?
807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 304 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 304, Mayfair Tower
Starts from the last sale price (AED 1.22M, 19 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,221,540
- Deposit, UAE resident (20%)
- AED 244,308
- Deposit, non-resident (40%)
- AED 488,616
- Monthly over 25 years at 3.7%
- AED 4,998
Plus AED 56,315 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →