Unit 1602, Mayfair Tower: what it sold for and what it is worth now

Unit 1602 at Mayfair Tower is a 2 bed of 1,113 sq ft. It last sold for AED 1,400,000 on 19 Jan 2024. At AED 1,410 per sq ft, from 10 sales in the building in the last 12 months, it is worth about AED 1,569,000 today.

Value todayAED 1,569,000AED 1,523,000 to AED 1,770,000
Last saleAED 1,400,00019 Jan 2024 · Resale
Change since last sale+12.1%Building trend alone: AED 1,598,457
Rent (median asking, 2 bed)AED 157,494Gross yield 10.0%
Bedrooms2 bed
Size1,113 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMayfair Tower by Deyaar Development, handed over 2011
Registered sales of this unit1

Every registered sale of unit 1602

DatePriceSizeAED/sq ftType
19 Jan 2024AED 1,400,0001,113 sq ft1,258Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110213 Sep 2023AED 1,000,000805 sq ft1,242Resale
60212 Sep 2023AED 900,000805 sq ft1,118Resale
150228 Feb 2023AED 805,000805 sq ft1,000Resale
170211 Aug 2022AED 1,000,0001,113 sq ft898Resale
110220 Jun 2022AED 770,000805 sq ft957Resale
60217 Feb 2021AED 650,000805 sq ft807Resale

Latest 2 bed sales in Mayfair Tower

UnitDatePriceSizeAED/sq ftType
170420 Jun 2025AED 1,400,0001,157 sq ft1,210Resale
16019 Jun 2025AED 1,820,0001,585 sq ft1,148Resale
170518 Dec 2023AED 1,200,0001,114 sq ft1,077Resale
170631 Oct 2023AED 1,381,0001,120 sq ft1,233Resale
17063 Jan 2023AED 1,005,0001,120 sq ft897Resale
170211 Aug 2022AED 1,000,0001,113 sq ft898Resale
17039 Aug 2020AED 825,0001,156 sq ft714Resale

How we worked out the value

We took the 10 sales in Mayfair Tower in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,410). We multiplied it by the size of this unit (1,113 sq ft). The range uses the middle half of those sales (AED 1,368 to AED 1,591 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,598,457. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1602 at Mayfair Tower worth?

About AED 1,569,000 (range AED 1,523,000 to AED 1,770,000), based on AED 1,410 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1602 last sell?

19 Jan 2024, for AED 1,400,000 (resale). It has 1 registered sale.

What rent can unit 1602 make?

A 2 bed in Mayfair Tower rents for about AED 157,494 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for Mayfair TowerAll sales in Mayfair Tower

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