1-bed · 614 sqftMayfair Residency, Business Bay · 11th floor · completed 2011

1101, Mayfair Residency

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 895K7 May 2015
Current rentAED 55K /yr24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Mayfair Residency

What is 1101 worth today?

Last sold for AED 895,494 in 2015

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24 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
11 Aug 2018RentedNew contract
AED 45,000/yr24 months · AED 73 per sqft
26 Aug 2015RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
7 May 2015Sold by developerReady
AED 895,494AED 1,459 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 August 2022.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
11th of 18
Parking
B2-71
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 895K · May 2015

About 1101, Mayfair Residency

1101 is a one-bedroom apartment of 614 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 7 May 2015 for AED 895,494, or AED 1,459 per sqft, in line with the AED 1,465 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 24 August 2022, is AED 55,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, May 2015: AED 895,494 (AED 1,459 per sqft)

1101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, 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, August 2015: AED 85,000 a yearNew contract, August 2018: AED 45,000 a yearNew contract, July 2020: AED 45,000 a yearNew contract, August 2022: AED 55,000 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 1101 sits

All 187 1-beds →

1101 last sold in May 2015 at AED 1,459 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,465). 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. 1101's AED 55,000 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 11th floor

All 212 units in Mayfair Residency
Value
11021-bedAED 950K · Nov 2016
11031-bedAED 780K · May 2023
11041-bedAED 830K · Jul 2017
11051-bedAED 875K · Apr 2025
11061-bedAED 1.1M · Apr 2025
11071-bedAED 900K · Jun 2025
11081-bedAED 700K · Apr 2013
1–7 of 13

1101, Mayfair Residency in numbers

  • Sold once: by Deyaar on 7 May 2015 for AED 895,494, or AED 1,459 per sqft.
  • Rented since August 2015 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 55,000 by August 2022.
  • At AED 55,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 9,900 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: YallaValue analysis of Dubai Land Department records. Updated 24 August 2022.

Questions about 1101, Mayfair Residency

What did unit 1101 last sell for?

AED 895,494 on 7 May 2015, sold by the developer: AED 1,459 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 55,000 a year on the contract signed on 24 August 2022. The previous contract, from July 2020, was AED 45,000; the unit has been rented since August 2015.

How big is unit 1101?

614 sqft (57.0 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.

What is unit 1101 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 1101, Mayfair Residency

Starts from the last sale price (AED 895K, 7 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 895,494
Deposit, UAE resident (20%)
AED 179,099
Deposit, non-resident (40%)
AED 358,198
Monthly over 25 years at 3.7%
AED 3,664

Plus AED 42,621 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →