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1-bed · 644 sqftMayfair Residency, Business Bay · 1st floor · completed 2011

108, Mayfair Residency

Sold prices and rental history: sold once, by the developer in September 2014, and rented once, from October 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 21 September 2014
Last soldAED 1.09M21 September 2014
Current rentAED 41K /yr10 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mayfair Residency

What is 108 worth today?

Last sold for AED 1,092,246 in 2014

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21 Sep 2014Sold by developerReady
AED 1,092,246AED 1,697 per sqft
10 Oct 2012RentedNew contract
AED 40,889/yr13 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 September 2014.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
1st of 18
Parking
B2-60
Developer
Deyaar
Completed
2011
Service charge
AED 10,400 /yr
Last sold
AED 1.09M · September 2014
Building
Mayfair Residency

About 108, Mayfair Residency

108 is a one-bedroom apartment of 644 sqft on the 1st floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 21 September 2014 for AED 1,092,246, or AED 1,697 per sqft, 17% above the AED 1,447 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2012. The current contract, signed on 10 October 2012, is AED 40,889 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, September 2014: AED 1,092,246 (AED 1,697 per sqft)

108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 108, each contractTypical one-bed in Mayfair Residency
40K60K80K2012201620202024Typical 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 2012: AED 40,889 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 108 sits

All 187 1-beds →

108 last sold in September 2014 at AED 1,697 per sqft, 17% above what one-beds in Mayfair Residency were fetching at the time (AED 1,447). 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. 108's AED 40,889 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 1st floor

All 212 units in Mayfair Residency
Value
1011-bedAED 1.01M · Dec 2012
1021-bedAED 1.06M · Jun 2024
1031-bedAED 670K · Apr 2021
1041-bedAED 580K · Oct 2020
105AED 909K · Dec 2013
1061-bedAED 1M · Feb 2026
1071-bedAED 675K · Mar 2013
1–7 of 13

108, Mayfair Residency in numbers

  • Sold once: by Deyaar on 21 September 2014 for AED 1,092,246, or AED 1,697 per sqft.
  • Rented since October 2012 on one Ejari contract, at AED 40,889 a year.
  • At AED 40,889 a year the gross yield on the 2014 price is 3.7%, 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: YallaValue analysis of Dubai Land Department records. Updated 21 September 2014.

Questions about 108, Mayfair Residency

What did unit 108 last sell for?

AED 1,092,246 on 21 September 2014, sold by the developer: AED 1,697 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 40,889 a year on the contract signed on 10 October 2012.

How big is unit 108?

644 sqft (59.8 sqm): a one-bedroom apartment on the 1st floor of a 18-storey tower completed in 2011.

What is unit 108 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 108, Mayfair Residency

Starts from the last sale price (AED 1.09M, 21 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,246
Deposit, UAE resident (20%)
AED 218,449
Deposit, non-resident (40%)
AED 436,898
Monthly over 25 years at 3.7%
AED 4,469

Plus AED 50,884 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →