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Sold for AED 810,000: 1-Bedroom Apartment in Mayfair Tower

Located in Business Bay, Dubai. Its price per sqft is −6% vs the Mayfair Tower median (AED 1,519/sqft).

Sale price

AED 810,000

Per sqft
AED 1,423
Registered
20 Jul 2026, 13:31 (Dubai)
Mayfair Tower, Dubai

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay B2- 01).

Comparable sales

02 / The property

Property details

Size
569 sqft · 52.88 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B2- 01
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Mayfair Tower (8 Jan 2026 – 19 Aug 2026)

6 market sales. Percentages compare each sale with this one.

Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
19 Aug 20261.1M+36% vs selected1,364−4% vs selected
1 BR · 569 sqftReadySelected sale
20 Jul 2026810K1,423
6 May 2026875K+8% vs selected1,395−2% vs selected
5 Feb 2026930K+15% vs selected1,615+13% vs selected
18 Jan 20261.1M+36% vs selected1,917+35% vs selected
8 Jan 20261M+23% vs selected1,614+13% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 484–655 sq ft in Mayfair Tower. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 65,000
Per sqft / yr
AED 113/sqft
Gross yield
8.0%