1008, Mayfair Residency
Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Mayfair Residency
What is 1008 worth today?
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Source: Dubai Land Department. Updated 23 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 644 sqft
- Floor
- 10th of 18
- Parking
- P1-29
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,400 /yr
- Last sold
- AED 866K · November 2013
- Building
- Mayfair Residency
About 1008, Mayfair Residency
1008 is a one-bedroom apartment of 644 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 19 November 2013 for AED 865,629, or AED 1,345 per sqft, 9% above the AED 1,229 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 23 April 2025, is AED 60,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1008 over time
1008 has sold once; the dashed line is the one-bed median of each year in the building.
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 1008 sits
All 187 1-beds →1008 last sold in November 2013 at AED 1,345 per sqft, 9% above what one-beds in Mayfair Residency were fetching at the time (AED 1,229). 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. 1008's AED 60,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,028 sqft | 1,004,528 | 977 | ||
| 11 Feb 202611 February 2026 | 633 sqft | 945,000 | 1,492 | ||
| 27 Jan 202627 January 2026 | 623 sqft | 1,000,000 | 1,605 | ||
| 20 Jan 202620 January 2026 | 925 sqft | 930,000 | 1,005 |
Mayfair Residency
Building212 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%
Other units on the 10th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 614 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 75,000 /yr | ||
| 1002 | 1-bed | 780 sqft | AED 940KAED 940,000 · Dec 2016December 2016 | 66,240 /yr | |
| 1003 | 1-bed | 619 sqft | AED 1MAED 1,000,000 · Nov 2014November 2014 | 72,500 /yr | |
| 1004 | 1-bed | 596 sqft | AED 931KAED 930,536 · Apr 2014April 2014 | 77,000 /yr | |
| 1005 | 1-bed | 605 sqft | AED 909KAED 908,728 · Dec 2013December 2013 | 42,000 /yr | |
| 1006 | 1-bed | 859 sqft | AED 785KAED 785,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1007 | 1-bed | 614 sqft | AED 881KAED 880,640 · May 2014May 2014 | 68,000 /yr | |
| 1009 | 1-bed | 832 sqft | AED 488KAED 487,655 · Jun 2012June 2012 | 60,000 /yr | |
| 1010 | 1-bed | 623 sqft | AED 430KAED 430,467 · Jun 2013June 2013 | 70,000 /yr | |
| 1011 | 1-bed | 596 sqft | AED 670KAED 670,000 · Mar 2023March 2023 | 68,250 /yr | |
| 1012 | 633 sqft | AED 900KAED 900,000 · Sep 2025September 2025 | 55,000 /yr | ||
| 1013 | 1-bed | 752 sqft | AED 591KAED 590,978 · Mar 2014March 2014 | 73,000 /yr | |
| 1014 | 1-bed | 649 sqft | AED 928KAED 927,702 · Jun 2009June 2009 | 40,000 /yr |
1008, Mayfair Residency in numbers
- Sold once: by Deyaar on 19 November 2013 for AED 865,629, or AED 1,345 per sqft.
- Rented since January 2016 on 12 Ejari contracts. The rent fell from AED 75,202 to AED 42,000 in 2021 and recovered to AED 60,000 by April 2025.
- At AED 60,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 10,400 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 23 April 2025.
Questions about 1008, Mayfair Residency
What did unit 1008 last sell for?
AED 865,629 on 19 November 2013, sold by the developer: AED 1,345 per sqft for 644 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 60,000 a year on the contract renewed on 23 April 2025. The previous contract, from April 2024, was AED 60,000; the unit has been rented since January 2016.
How big is unit 1008?
644 sqft (59.8 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.
What is unit 1008 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 1008, Mayfair Residency
Starts from the last sale price (AED 866K, 19 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 865,629
- Deposit, UAE resident (20%)
- AED 173,126
- Deposit, non-resident (40%)
- AED 346,252
- Monthly over 25 years at 3.7%
- AED 3,542
Plus AED 41,366 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →