1-bed · 859 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1006, Mayfair Residency

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 785K20 July 2023
Current rentAED 50K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Mayfair Residency

What is 1006 worth today?

Last sold for AED 785,000 in 2023

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20 Jul 2023SoldReady
AED 785,000AED 913 per sqft
10 Dec 2022RentedRenewal
AED 50,000/yr12 months · AED 58 per sqft
10 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 52 per sqft
10 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
6 Dec 2020SoldReady
AED 630,000AED 733 per sqft
4 Feb 2017RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
24 Jun 2013Sold by developerReady
AED 1,049,640AED 1,221 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
10th of 18
Parking
P1-28
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 785K · July 2023

About 1006, Mayfair Residency

1006 is a one-bedroom apartment of 859 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 20 July 2023 for AED 785,000, or AED 913 per sqft, 4% below the AED 947 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 50,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical sale price by year: 2009 AED 822,326; 2010 AED 865,389; 2011 AED 826,234; 2012 AED 864,738; 2013 AED 851,966; 2014 AED 937,768; 2015 AED 925,000; 2016 AED 850,000; 2017 AED 840,000; 2018 AED 795,293; 2019 AED 575,000; 2020 AED 580,000; 2021 AED 550,250; 2022 AED 695,000; 2023 AED 767,500; 2024 AED 967,500; 2025 AED 1,080,000; 2026 AED 972,500Sold by developer, June 2013: AED 1,049,640 (AED 1,221 per sqft)Sold, December 2020: AED 630,000 (AED 733 per sqft)Sold, July 2023: AED 785,000 (AED 913 per sqft)

1006 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Mayfair Residency
40K60K80K2013201720212025Typical rent by year: 2013 AED 50,600; 2014 AED 65,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 42,500; 2022 AED 50,000; 2023 AED 61,337; 2024 AED 69,046; 2025 AED 72,000; 2026 AED 75,000New contract, February 2017: AED 78,000 a yearNew contract, December 2020: AED 45,000 a yearRenewal, December 2021: AED 45,000 a yearRenewal, December 2022: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mayfair Residency, and where 1006 sits

All 187 1-beds →

1006 last sold in July 2023 at AED 913 per sqft, 4% below what one-beds in Mayfair Residency were fetching at the time (AED 947). Over the last 12 months one-beds sold for AED 930,000 to 1,060,000, around AED 1,359 per sqft, and rent for AED 60,000 to 103,000 a year. 1006's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,004,528
11 Feb 2026945,000
27 Jan 20261,000,000
20 Jan 2026930,000
7 1-bed sales in the last 12 months

Mayfair Residency

Building

212 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2011 by Deyaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,359
Typical sale
AED 1M
Typical rent
AED 75K /yr
Typical yield
8.1%
Mayfair Residency, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 212 units in Mayfair Residency
Value
1001AED 1M · Oct 2025
10021-bedAED 940K · Dec 2016
10031-bedAED 1M · Nov 2014
10041-bedAED 931K · Apr 2014
10051-bedAED 909K · Dec 2013
10071-bedAED 881K · May 2014
10081-bedAED 866K · Nov 2013
1–7 of 13

1006, Mayfair Residency in numbers

  • Sold 3 times: first on 24 June 2013 for AED 1,049,640, last on 20 July 2023 for AED 785,000 (AED 913 per sqft).
  • Rented since February 2017 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 45,000 in 2021 and recovered to AED 50,000 by December 2022.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 13,900 a year (AED 16.20 per sqft).
  • One-beds in Mayfair Residency sold for AED 930,000–1,060,000 in the 12 months to November 2026; the building's median across all types is AED 1,359 per sqft.

Source: Dubai Land Department. Updated 20 July 2023.

Questions about 1006, Mayfair Residency

What did unit 1006 last sell for?

AED 785,000 on 20 July 2023: AED 913 per sqft for 859 sqft. The unit has 3 registered sales; the first was AED 1,049,640 in June 2013.

What is the rent for unit 1006?

AED 50,000 a year on the contract renewed on 10 December 2022. The previous contract, from December 2021, was AED 45,000; the unit has been rented since February 2017.

How big is unit 1006?

859 sqft (79.8 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Residency sold for AED 930,000 to 1,060,000 in the last 12 months, around AED 1,359 per sqft.

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Mortgage on 1006, Mayfair Residency

Starts from the last sale price (AED 785K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

Plus AED 37,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →