Mayfair Tower in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Mayfair Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	75	14,370	1,075,073

Rents in Mayfair Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	62	1,246	76,648

The cap rate (rental yield) of investments into Mayfair Tower project is 8.7% on average.

The price of an apartment in Mayfair Tower is 14,370 AED/sqm on average.

The long term rent of an apartment in Mayfair Tower is 1,246 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Mayfair Tower is 1,075,073 AED or 14,370 AED/sqm.

Rent for 1 bedroom apartment in Mayfair Tower is 76,648 AED or 1,246 AED/sqm.

About Mayfair Tower

'Mayfair Tower' in 'Business Bay' area project description

Mayfair Tower is a luxurious residential development located in the heart of Dubai, United Arab Emirates. The project is developed by Mayfair Real Estate, a leading real estate developer in the region. The tower is situated in the Jumeirah Lake Towers (JLT) district, one of the most sought-after residential areas in Dubai.

Mayfair Tower offers a range of luxurious apartments, penthouses and duplexes, all of which feature modern and stylish interiors. The apartments range from one to four bedrooms, and all come with en-suite bathrooms, fully-fitted kitchens and balconies. The tower also features a range of amenities, including a swimming pool, a gym, a spa, a sauna, a steam room, a Jacuzzi, a children’s play area, a business centre and a restaurant.

The tower is conveniently located near the Dubai Marina, the Palm Jumeirah and the Jumeirah Beach Residence. It is also close to the Dubai Metro, making it easy to get around the city. The tower is also close to a range of shopping malls, restaurants, cafes and other attractions.

Mayfair Tower is designed to provide residents with a luxurious lifestyle. It features a range of high-end amenities, including 24-hour security, CCTV surveillance, a concierge service and a valet service. The tower also offers a range of recreational facilities, such as a swimming pool, a gym, a spa and a children’s play area.

Mayfair Tower is an ideal choice for those looking for a luxurious lifestyle in the heart of Dubai. With its modern design, luxurious amenities and convenient location, the tower is the perfect place to call home.

Q&A on Mayfair Tower

What are the advantages of 'Mayfair Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Mayfair Tower is located in the heart of Dubai’s Business Bay, offering easy access to the city’s major attractions, including the iconic Burj Khalifa and the Dubai Mall.

2. Luxurious Amenities: The project offers a range of luxurious amenities, including a rooftop pool, a fully-equipped gym, a spa, and a lounge.

3. High-End Finishes: The tower features high-end finishes, such as marble flooring, Italian kitchens, and designer bathrooms.

4. Affordable Prices: Mayfair Tower offers competitive prices for its units, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay off their units in installments.

What projects are better than 'Mayfair Tower' project in Dubai which are located close by, and why?

1. The Opus by Omniyat
- Architectural Design: Iconic and futuristic design by Zaha Hadid.
- Amenities: High-end restaurants, boutique hotel, rooftop bar, infinity pool.
- Lifestyle: Designed to offer a luxurious and artistic living experience.

2. Executive Towers
- Location: Prime location within Business Bay.
- Facilities: Comprehensive set of amenities including retail spaces, clinics, and mosques.
- Community: Ideal for families, larger community with parks and playgrounds.

3. Bay Square
- Mixed-Use Development: Combination of residential, office, and retail spaces.
- Walkability: Pedestrian-friendly environment with lots of cafes and shops.
- Environment: Contemporary design fostering a live-work-play lifestyle.

4. The Binary by Omniyat
- Office and Retail Spaces: High-quality business environment.
- Tech Features: Smart technology and high-speed internet.
- Design: Modern and striking architecture.

5. DAMAC Towers by Paramount
- Hollywood Glamour: Interior design inspired by the Paramount brand.
- Facilities: State-of-the-art gym, spa, and multiple dining options.
- View: Stunning views of the Burj Khalifa and Dubai Canal.

6. Ubora Towers
- Green Spaces: Focus on green building principles.
- Corporate Amenities: High-quality office spaces along with residential units.
- Community: Balanced work-life environment with lots of recreational spaces.

7. The Atria
- Residences and Hotels: Dual-tower complex with meticulously designed apartments.
- Features: Fully-equipped kitchens and luxurious bathrooms.
- Sky Villas: Exclusive sky villas offering premium comfort.

Each of these projects offers unique advantages in terms of design, lifestyle, amenities, and location, making them strong competitors to Mayfair Tower in Business Bay.