Mayfair Tower, Business Bay: sale prices and transactions
Mayfair Tower is a project registered with the Dubai Land Department (project no. 53) in Business Bay. Since June 2009, 561 residential sales have been registered there, the latest in August 2026. Over the last 12 months, 9 sales closed at a median AED 15,318 per m² (AED 1,423 per sq ft).
- AED 15,318median price per m²
- AED 1,423median price per sq ft
- 561sales since 2009
- 9sales in 12 months
- 218registered homes
Its price per m² is 40% below the Business Bay median (AED 25,523/m²). Sales combine off-plan purchases (23.7%) and resales of completed homes.
Mayfair Tower prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 9 | AED 1,000,000 | 58 m² |
Mayfair Tower price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2021 | 10 | AED 9,339 | AED 868 | — |
| 2022 | 20 | AED 10,192 | AED 947 | +9.1% |
| 2023 | 33 | AED 12,511 | AED 1,162 | +22.8% |
| 2024 | 22 | AED 14,752 | AED 1,371 | +17.9% |
| 2025 | 17 | AED 15,986 | AED 1,485 | +8.4% |
| 2026 (to mid-October) | 6 | AED 16,347 | AED 1,519 | +2.3% |
Mayfair Tower rents
114 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 107 | AED 70,000 | 63,000 – 80,000 | AED 66,000 |
| Apartment · 2 bedrooms | 7 | AED 125,000 | — | — |
Registered homes at Mayfair Tower
The DLD register lists 218 homes for this project across 1 building (up to 18 floors), with a median size of 58 m².
- 1 bedroom: 204
- 2 bedrooms: 14
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- All Seasons Residence, Dubai Sports City — AED 15,311/m²
- Ellison, Town Square — AED 15,319/m²
- Symbolic Aura, Al Furjan — AED 15,307/m²
- Serene Gardens 2 by Prescott, Discovery Gardens — AED 15,327/m²
Other projects in Business Bay
- Bay Square — AED 15,393/m²
- Avanti Tower — AED 15,234/m²
- Executive Bay B — AED 15,418/m²
- DAMAC Towers by Paramount — AED 15,199/m²
- Ag Tower — AED 15,491/m²
- The Residence at Business Central — AED 15,129/m²
- The Vogue — AED 14,983/m²
- Elite Business Bay Residence — AED 14,977/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Mayfair Tower?
Over the last 12 months the median is AED 1,423 per sq ft (AED 15,318 per m²) across 9 DLD sales.
How much is a 1 bedroom at Mayfair Tower?
Median sale price AED 1,000,000 for a median 58 m², across 9 sales over the last 12 months.
How many sales have been registered at Mayfair Tower?
561 residential sales registered with the DLD between June 2009 and August 2026, 23.7% of them off-plan.
Where is Mayfair Tower?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.