309, Mayfair Tower
Sold prices and rental history: sold 3 times, last in November 2023, 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 309, Mayfair Tower
What is 309 worth today?
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Source: Dubai Land Department. Updated 21 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 3rd of 17
- Parking
- B1-21
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,100 /yr
- Last sold
- AED 760K · November 2023
- Building
- Mayfair Tower
About 309, Mayfair Tower
309 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. It last sold on 13 November 2023 for AED 760,000, or AED 942 per sqft, 14% below the AED 1,098 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 21 February 2025, is AED 87,907 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 13,100 a year.
Sales and rents for 309 over time
309 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 309 sits
All 198 1-beds →309 last sold in November 2023 at AED 942 per sqft, 14% below what one-beds in Mayfair Tower were fetching at the time (AED 1,098). 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. 309's AED 87,907 is in the upper 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 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 | |
| 304 | 1-bed | 807 sqft | AED 1.22MAED 1,221,540 · Mar 2014March 2014 | 50,000 /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 | |
| 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 |
309, Mayfair Tower in numbers
- Sold 3 times: first on 11 June 2009 for AED 1,105,434, last on 13 November 2023 for AED 760,000 (AED 942 per sqft).
- Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 38,000 in 2022 and recovered to AED 87,907 by February 2025.
- At AED 87,907 a year the gross yield on the 2023 price is 11.6%, 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 21 February 2025.
Questions about 309, Mayfair Tower
What did unit 309 last sell for?
AED 760,000 on 13 November 2023: AED 942 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 1,105,434 in June 2009.
What is the rent for unit 309?
AED 87,907 a year on the contract renewed on 21 February 2025. The previous contract, from February 2024, was AED 80,000; the unit has been rented since May 2014.
How big is unit 309?
807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2011.
What is unit 309 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 309, Mayfair Tower
Starts from the last sale price (AED 760K, 13 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 →