
Sold Prices · DLD Data
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 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
Average sale price per sqft by month since January 2026-19.4%
Unit types
1 Bed
AED 943K
AED 1,593/sqft
5 sales · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 20 Jul 2026 | Sales | 1 | 569 | AED 810K | AED 1,423 |
| 06 May 2026 | Sales | 1 | 627 | AED 875K | AED 1,395 |
| 05 Feb 2026 | Sales | 1 | 576 | AED 930K | AED 1,615 |
| 18 Jan 2026 | Sales | 1 | 574 | AED 1.1M | AED 1,917 |
| 08 Jan 2026 | Sales | 1 | 619 | AED 1.0M | AED 1,614 |
About the area
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.
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FAQ
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.
Average sale prices in Mayfair Tower have eased -19.4% per square foot since January 2026, across 5 DLD-recorded sales.
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.
5 sales have been recorded in Mayfair Tower according to DLD data, across approximately 224 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.