1103, Mayfair Residency
Sold prices and rental history: sold once, by the developer in May 2023, 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 1103, Mayfair Residency
What is 1103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 11th of 18
- Parking
- P1-32
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,000 /yr
- Last sold
- AED 780K · May 2023
- Building
- Mayfair Residency
About 1103, Mayfair Residency
1103 is a one-bedroom apartment of 619 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 17 May 2023 for AED 780,000, or AED 1,260 per sqft, 32% above the AED 955 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 4 November 2024, is AED 94,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1103 over time
1103 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 1103 sits
All 187 1-beds →1103 last sold in May 2023 at AED 1,260 per sqft, 32% above what one-beds in Mayfair Residency were fetching at the time (AED 955). 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. 1103's AED 94,000 is in the upper half 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 11th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 614 sqft | AED 895KAED 895,494 · May 2015May 2015 | 55,000 /yr | |
| 1102 | 1-bed | 780 sqft | AED 950KAED 950,000 · Nov 2016November 2016 | 70,000 /yr | |
| 1104 | 1-bed | 596 sqft | AED 830KAED 830,000 · Jul 2017July 2017 | 67,000 /yr | |
| 1105 | 1-bed | 605 sqft | AED 875KAED 875,000 · Apr 2025April 2025 | 56,166 /yr | |
| 1106 | 1-bed | 859 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1107 | 1-bed | 614 sqft | AED 900KAED 900,000 · Jun 2025June 2025 | 70,000 /yr | |
| 1108 | 1-bed | 644 sqft | AED 700KAED 700,000 · Apr 2013April 2013 | 70,000 /yr | |
| 1109 | 1-bed | 832 sqft | AED 1.02MAED 1,024,242 · Jul 2011July 2011 | 65,750 /yr | |
| 1110 | 1-bed | 623 sqft | AED 814KAED 814,204 · Jun 2015June 2015 | 70,000 /yr | |
| 1111 | 1-bed | 596 sqft | AED 782KAED 781,500 · Jan 2014January 2014 | 69,000 /yr | |
| 1112 | 1-bed | 633 sqft | AED 1MAED 1,000,000 · Jan 2015January 2015 | 70,000 /yr | |
| 1113 | 1-bed | 752 sqft | AED 1.1MAED 1,100,000 · Nov 2014November 2014 | 70,000 /yr | |
| 1114 | 1-bed | 649 sqft | AED 690KAED 690,000 · Apr 2022April 2022 | 72,000 /yr |
1103, Mayfair Residency in numbers
- Sold once: by Deyaar on 17 May 2023 for AED 780,000, or AED 1,260 per sqft.
- Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2019 and recovered to AED 94,000 by November 2024.
- At AED 94,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 10,000 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 4 November 2024.
Questions about 1103, Mayfair Residency
What did unit 1103 last sell for?
AED 780,000 on 17 May 2023, sold by the developer: AED 1,260 per sqft for 619 sqft. It is the only registered sale of the unit.
What is the rent for unit 1103?
AED 94,000 a year on the contract signed on 4 November 2024. The previous contract, from December 2019, was AED 48,000; the unit has been rented since October 2016.
How big is unit 1103?
619 sqft (57.5 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.
What is unit 1103 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 1103, Mayfair Residency
Starts from the last sale price (AED 780K, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →