What is the registered annual rent for a 1 bedroom in Mayfair Tower?

The median new annual rent is AED 66,000, from 69 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Mayfair Tower risen or fallen?

The median new annual rent changed -5.7% in the trailing 12 months against the previous 12, using 69 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Mayfair Tower pay more than sitting ones?

A new tenant pays -8.3% against a renewing one, across 39 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Mayfair Tower?

9 sales were registered with the Dubai Land Department in the last 12 months, alongside 69 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Mayfair Tower?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

Mayfair Tower rents

75 new leases and 40 renewals in 12 months
218 units
Business Bay
near Business Bay Metro Station

A one-bed here leases for about AED 66,000 a year, 32% below the typical Business Bay one-bed. Renewing tenants pay more than new ones: AED 72,000.

1 bed · typical new lease

66,000AEDa year

AED 105/sqft · -5.7% on a year

A month, roughly: AED 5,500
Renewal: AED 72,000
vs Business Bay 1 bed: 32% below the median
New leases, 12 months: 69

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Buying instead? Mayfair Tower sale prices →

What should a lease in Mayfair Tower cost?A one-bed leases for about AED 66,000 a year; renewing tenants pay 9.1% more than new ones

Type	New lease	Renewal	vs Business Bay	Leases
1 bedmost leased	66,000105/sqft		72,00039 renewals	32% lesstypical 96,500	69
2 bed	127,32097/sqft		—	9% lesstypical 140,000	6

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 5.7% less than a year earlier: AED 66,000 against 70,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
10 Oct 2026	1 bed	569	AED 60,000	105	New
5 Oct 2026	1 bed	576	AED 65,000	113	New
1 Oct 2026	1 bed	619	AED 58,000	94	New
1 Oct 2026	1 bed	627	AED 68,000	108	Renewal
30 Sept 2026	1 bed	870	AED 67,000	77	New
29 Sept 2026	1 bed	807	AED 60,000	74	New
23 Sept 2026	1 bed	525	AED 58,000	110	New
19 Sept 2026	2 bed	1,157	AED 129,640	112	New
18 Sept 2026	2 bed	1,585	AED 140,000	88	New
14 Sept 2026	2 bed	1,585	AED 135,000	85	New

Showing the 60 most recent of 115 contracts starting on or after 12 Oct 2025.

About Mayfair TowerAn 18-floor tower in Business Bay, a 10-minute drive from DIFC

Mayfair Tower is an apartment building completed in 2011 by Deyaar Development in Business Bay with 218 registered units. 115 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 15.77/sqft a year
Floors: 18
Master developer: Deyaar Development

Drive times · typical

Downtown: 13 min · 5.2 km
DXB Airport: 15 min · 15 km
DIFC: 10 min · 10 km
Dubai Marina: 19 min · 20 km
Palm Jumeirah: 25 min · 25 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Letting a unit in Mayfair Tower?53% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay less than renewing ones

Units on a yearly lease: 53%Fair; Business Bay median 41%; top tenth from 69%
New tenant vs renewal: -5.6%; New leases AED 68,000, renewals 72,000, all types
Short-let instead, one-bed: AED 533; a night on Airbnb; nets 1.6× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Mayfair Tower sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Mayfair Tower places 71st of 100; the nearest 8 are shown.

Highest rental yields in Business Bay →

Rank	Building	Median rent	12-month change	Contracts
67–69	Amna Tower, Meera Tower, Noura Towerone project rent, 3 towers	AED 135,000	106+0.6%	-10.0%	406
70	Millennium Binghatti Residences Business Bay	AED 89,000	105+0.1%	+3.3%	104
71	Mayfair Tower · this building	AED 68,000	105	-2.9%	75
72	Mayfair Residency	AED 69,000	105-0.2%	-4.8%	70
73	Royal Regency	AED 105,000	104-1.0%	—	80
74	Ag Tower	AED 70,000	104-1.3%	0.0%	182
75	Chic Tower	AED 160,000	103-2.3%	—	3

Rank 1 is the dearest per square foot. Differences are against Mayfair Tower.

At 1 bed, Mayfair Tower ranks 48th of 91 by rent per square foot and 38th of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for Mayfair Tower

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Mayfair Tower, on the map

Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Mayfair Tower is the inverted pinOpen in Apple Maps

Peninsula Three

Business Bay · 441 contracts, 12 months

100,000

AED a year median · 162/sqft

Prive by DAMAC (B)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Prive by DAMAC (A)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Amna Tower

Business Bay · 406 contracts, 12 months

135,000

AED a year median · 106/sqft

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Common questions

What is the registered annual rent for a 1 bedroom in Mayfair Tower?: The median new annual rent is AED 66,000, from 69 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Mayfair Tower risen or fallen?: The median new annual rent changed -5.7% in the trailing 12 months against the previous 12, using 69 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Mayfair Tower pay more than sitting ones?: A new tenant pays -8.3% against a renewing one, across 39 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Mayfair Tower?: 9 sales were registered with the Dubai Land Department in the last 12 months, alongside 69 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Mayfair Tower?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Mayfair Tower rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 69 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/business-bay/mayfair-tower
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Mayfair Tower rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/mayfair-tower

Stable dataJSON