1-bed · 596 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1011, Mayfair Residency

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 670K3 March 2023
Current rentAED 68K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Mayfair Residency

What is 1011 worth today?

Last sold for AED 670,000 in 2023

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15 Apr 2025RentedRenewal
AED 68,250/yr12 months · AED 115 per sqft
15 Apr 2024RentedRenewal
AED 68,250/yr12 months · AED 115 per sqft
3 Mar 2023SoldReady
AED 670,000AED 1,124 per sqft
21 Nov 2021RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
3 Jul 2020RentedRenewal
AED 47,000/yr12 months · AED 79 per sqft
3 Jul 2019RentedRenewal
AED 55,000/yr12 months · AED 92 per sqft
3 Jul 2018RentedRenewal
AED 60,000/yr12 months · AED 101 per sqft
3 Jul 2017RentedRenewal
AED 70,000/yr12 months · AED 117 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
10th of 18
Parking
P1-08
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 670K · March 2023

About 1011, Mayfair Residency

1011 is a one-bedroom apartment of 596 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 3 March 2023 for AED 670,000, or AED 1,124 per sqft, 19% above the AED 947 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 68,250 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, 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, July 2010: AED 610,111 (AED 1,023 per sqft)Sold, July 2010: AED 610,111 (AED 1,023 per sqft)Sold, April 2014: AED 816,954 (AED 1,370 per sqft)Sold, March 2023: AED 670,000 (AED 1,124 per sqft)

1011 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, 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, October 2014: AED 65,000 a yearRenewal, October 2015: AED 70,000 a yearNew contract, July 2016: AED 70,000 a yearRenewal, July 2017: AED 70,000 a yearRenewal, July 2018: AED 60,000 a yearRenewal, July 2019: AED 55,000 a yearRenewal, July 2020: AED 47,000 a yearNew contract, November 2021: AED 42,000 a yearRenewal, April 2024: AED 68,250 a yearRenewal, April 2025: AED 68,250 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 1011 sits

All 187 1-beds →

1011 last sold in March 2023 at AED 1,124 per sqft, 19% above 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. 1011's AED 68,250 is in the lower half 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
10061-bedAED 785K · Jul 2023
10071-bedAED 881K · May 2014
1–7 of 13

1011, Mayfair Residency in numbers

  • Sold 4 times: first on 27 July 2010 for AED 610,111, last on 3 March 2023 for AED 670,000 (AED 1,124 per sqft).
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2021 and recovered to AED 68,250 by April 2025.
  • At AED 68,250 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 9,700 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: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Questions about 1011, Mayfair Residency

What did unit 1011 last sell for?

AED 670,000 on 3 March 2023: AED 1,124 per sqft for 596 sqft. The unit has 4 registered sales; the first was AED 610,111 in July 2010.

What is the rent for unit 1011?

AED 68,250 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 68,250; the unit has been rented since October 2014.

How big is unit 1011?

596 sqft (55.4 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1011 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 1011, Mayfair Residency

Starts from the last sale price (AED 670K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

Plus AED 33,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →