Business Bay · Deyaar Development
22-storey residential building in Business Bay, completed in 2011. Developer — Deyaar Development. Architect — Archdome Consulting Engineers.
Specifications for Mayfair Tower per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Mayfair Tower is a 22-storey residential building in Business Bay, completed in 2011.
The developer is Deyaar Development. The architecture is by Archdome Consulting Engineers.
The database currently holds 1 lot in this project, from 1 000 000 AED.
Twenty-two storeys by Deyaar in Business Bay, handed over in 2011. A compact unit around 570 square feet for AED 1 million (~$270K), AED 1,754 per square foot (~$480/ft²).
Mayfair Tower is a residential tower by Deyaar Development, 22 storeys in Business Bay, handed over in 2011. The factsheet does not give the unit count.
Our own stock carries a unit of around 570 square feet for AED 1 million, AED 1,754 per square foot.
Deyaar also has a later building in the district, The Atria, from 2018, at 32 storeys.
Mayfair Tower sits in the lower part of the list — roughly half the district average.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Lumena Alta | 8082 | 6 | 2578 ft² |
| Bugatti Residences | 7945 | 6 | 6415 ft² |
| Vela by Omniyat | 6213 | 3 | 6321 ft² |
| Burj Binghatti Jacob & Co | 5865 | 38 | 1924 ft² |
| Jumeirah Living Business Bay | 4926 | 9 | 3330 ft² |
| Peninsula Two | 3058 | 4 | 412 ft² |
| Mama Shelter | 3030 | 4 | 578 ft² |
| J One | 3029 | 4 | 2174 ft² |
| Al Habtoor City | 2967 | 8 | 1696 ft² |
| Trillionaire Residences | 2890 | 5 | 913 ft² |
| Peninsula Four B | 2819 | 4 | 612 ft² |
| Peninsula | 2817 | 9 | 1292 ft² |
| The Crestmark | 2770 | 5 | 1229 ft² |
| The Sterling | 2754 | 3 | 1479 ft² |
| Quayside | 2651 | 6 | 1070 ft² |
| Canal Crown | 2559 | 3 | 718 ft² |
| Binghatti Aquarise | 2540 | 3 | 955 ft² |
| Chic Tower | 2396 | 3 | 899 ft² |
| Aykon City | 2215 | 5 | 1313 ft² |
| Executive Towers | 1856 | 4 | 2158 ft² |
| Nobles Residential Tower | 1844 | 3 | 1265 ft² |
Our own stock as of 28 August 2026: 368 lots across the district, median AED 3.58 million, average AED 3,585/ft². Projects with three or more lots and a known area only — 123 lots with an area contradicting the bedroom count were excluded from the calculation.
Business Bay in our database: 368 lots, median AED 3.58 million, average AED 3,585/ft².
AED 1 million for an apartment in Business Bay is a JVC-level figure, where the median is AED 1.24 million (~$340K). The difference is that this is the city centre, with the canal and the metro within walking distance.
It comes from compact size and age: 570 square feet in a fifteen-year-old building. This is the most affordable way to get a central address — a price point closer to a secondary European capital than to what a comparable central-city location would cost in London or Manhattan.
What to weigh is yield and the service charge (the annual per-square-foot maintenance fee), not the entry price. In an older building with compact units, the service charge per square foot often runs higher than in newer towers.
propsearch factsheet: 22 storeys, developer Deyaar Development, handover 2011. Our own stock as of 28 August 2026: the project lot (area, price, price per square foot), and median and price-per-square-foot figures for Business Bay and JVC.
Deyaar Development. The architecture is by Archdome Consulting Engineers.
22.
Yes. Mayfair Tower was handed over in 2011 — it is ready housing you can live in or let straight after the deal.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
The database currently holds 1 lot in this project, from 1 000 000 AED. Prices in the base are live and update every day; ask for the current list for the building before deciding.
Swimming pool, Spa and sauna, 24/7 security, Park and landscaping. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Business Bay
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58 573 sq m, 2027), Aldar's 88 000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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