Mayfair Tower, Business Bay

    Sold Prices · DLD Data

    Mayfair Tower

    Business Bay, Dubai · Business Bay

    AED 1,593

    Avg Price / sqft

    AED 943K

    Avg Sale Price

    5

    DLD Sales Recorded

    8.1%

    Est. Gross Yield

    Market snapshot

    Mayfair Tower — the numbers

    Mayfair Tower is a residential building in Business Bay, Dubai with approximately 224 units. Dubai Land Department records show 5 sales in the building, at an average price of AED 943K — around AED 1,593 per square foot.

    Since January 2026, 5 sales completed in Mayfair Tower, with the average price per square foot moving from AED 1,766 to AED 1,423 (-19.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Mayfair Tower returns an estimated 8.1% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Mayfair Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Mayfair Tower

    Average sale price per sqft by month since January 2026-19.4%

    1,4411,5811,720Jan 26: AED 1,766/sqft · 2 salesJan 26Feb 26: AED 1,615/sqft · 1 saleFeb 26May 26: AED 1,395/sqft · 1 saleMay 26Jul 26: AED 1,423/sqft · 1 saleJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 943K

    AED 1,593/sqft

    5 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    20 Jul 2026Sales1569AED 810KAED 1,423
    06 May 2026Sales1627AED 875KAED 1,395
    05 Feb 2026Sales1576AED 930KAED 1,615
    18 Jan 2026Sales1574AED 1.1MAED 1,917
    08 Jan 2026Sales1619AED 1.0MAED 1,614

    About the area

    Mayfair Tower is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Mayfair Tower: frequently asked questions

    What is the average price in Mayfair Tower?

    The average recorded sale price in Mayfair Tower, Business Bay is AED 943K, around AED 1,593 per square foot, based on Dubai Land Department transaction data.

    Are prices in Mayfair Tower going up or down?

    Average sale prices in Mayfair Tower have eased -19.4% per square foot since January 2026, across 5 DLD-recorded sales.

    What rental yield can I expect in Mayfair Tower?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Mayfair Tower yields roughly 8.1% gross per year, before service charges and fees.

    How many properties have sold in Mayfair Tower?

    5 sales have been recorded in Mayfair Tower according to DLD data, across approximately 224 units.

    Considering Mayfair Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

    WhatsAppCallLive Chat