Mayfair Tower
A 1 bed in Mayfair Tower costs a median AED 935,000, rents long-let for AED 70,000/yr (7.53% gross), and returns 12.91% short-let at the assumed 80% occupancy — +0.4 pts vs Business Bay's 7.14% and +0.6 pts vs Dubai's 6.97% — from 34 sales and 143 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 9 in 12 months
- Rental contracts · 1 bed
- 67 in 12 months
- Buy
- 935,000AED
- AED 1,423/sqft
- Long-let
- 7.53%
- AED 70,000/yr
- Short-let
- 12.91%
- AED 533/night · 0.83/sqft
Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent August 2026.
Priced off the last 5 sales — most recent August 2026.
- Yield spread
- +0.4 pts
- vs the Business Bay median for this unit type
- AED/yr/sqft
- AED 113
- Sales
- 34
- Rental contracts
- 143
- Renewal rent
- AED 70,000/yr
- 12 months
- -3.6%
- 3 years
- +20.7%+6.5%/yr
- 5 years
- +64.0%+10.4%/yr
Based on 34 sales and 143 rental contracts in the last 24 months.
Mayfair Tower is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 388 registered sales in all — the 34 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Mayfair Tower, by year.
Chart data: Mar 2015, 1369 AED/sqft; latest, Aug 2026, 1393 AED/sqft; peak, Jan 2026, 1615 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
- 2 bed: Priced off the last 5 sales — most recent June 2025.
Short-let rates around Mayfair Tower
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.65 AED/night/sqft; latest Sep 2027, 0.92 AED/night/sqft; peak Feb 2027, 0.97 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Mayfair Tower between 2009 and 2011 went for a median of AED 1,340/sqft (AED 859,933). The same building resells today at AED 1,428/sqft (AED 940,000) — an uplift of +9.3%.
Based on 125 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
9 resales in the last 12 months, against 24 a year on average over 2023–2025.
Sales
2 resales in the last 3 months.
Rental contracts
33 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 18
- Flats
- 218
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Business Bay, on the same figures over the same window.
- Highest rental yields in Business Bay · Mayfair Tower places 41st of 84
Common questions
- What is the rental yield in Mayfair Tower?
- Mayfair Tower returns 7.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 143 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Mayfair Tower cost?
- The median registered sale price is AED 935,000 (1,454 AED/sqft), from 34 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Mayfair Tower selling for right now?
- Registered sales of ready units in Mayfair Tower over the last 12 months have a median of 1,423 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Mayfair Tower risen or fallen?
- Median price per square foot moved -3.6% over the last 12 months against the 12 before it, on 34 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Mayfair Tower compare with Business Bay?
- Its 7.53% gross yield sits +0.4 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.
Mayfair Tower sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 34 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/business-bay/mayfair-tower
Cite as: Dubai Wealth Index. “Mayfair Tower sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/mayfair-tower.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.