1-bed · 596 sqftMayfair Residency, Business Bay · 11th floor · completed 2011

1104, Mayfair Residency

Sold prices and rental history: sold 3 times, last in July 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 16 July 2017
Last soldAED 830K16 July 2017
Current rentAED 67K /yr25 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Mayfair Residency

What is 1104 worth today?

Last sold for AED 830,000 in 2017

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16 Jul 2017SoldReady
AED 830,000AED 1,392 per sqft
11 Jun 2017SoldReady
AED 560,000AED 939 per sqft
25 Dec 2016RentedNew contract
AED 67,000/yr12 months · AED 113 per sqft
3 Sep 2014Sold by developerReady
AED 943,703AED 1,583 per sqft
15 Jul 2014RentedRenewal
AED 57,960/yr12 months · AED 97 per sqft
15 Jul 2013RentedNew contract
AED 48,300/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 16 July 2017.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
11th of 18
Parking
B2-10
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 830K · July 2017

About 1104, Mayfair Residency

1104 is a one-bedroom apartment of 596 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 16 July 2017 for AED 830,000, or AED 1,392 per sqft, 15% above the AED 1,212 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 December 2016, is AED 67,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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 943,703 (AED 1,583 per sqft)Sold, June 2017: AED 560,000 (AED 939 per sqft)Sold, July 2017: AED 830,000 (AED 1,392 per sqft)

1104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, 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, July 2013: AED 48,300 a yearRenewal, July 2014: AED 57,960 a yearNew contract, December 2016: AED 67,000 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 1104 sits

All 187 1-beds →

1104 last sold in July 2017 at AED 1,392 per sqft, 15% above what one-beds in Mayfair Residency were fetching at the time (AED 1,212). 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. 1104's AED 67,000 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 11th floor

All 212 units in Mayfair Residency
Value
11011-bedAED 895K · May 2015
11021-bedAED 950K · Nov 2016
11031-bedAED 780K · May 2023
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

1104, Mayfair Residency in numbers

  • Sold 3 times: first on 3 September 2014 for AED 943,703, last on 16 July 2017 for AED 830,000 (AED 1,392 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 48,300 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2017 price is 8.1%, 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: Dubai Land Department. Updated 16 July 2017.

Questions about 1104, Mayfair Residency

What did unit 1104 last sell for?

AED 830,000 on 16 July 2017: AED 1,392 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 943,703 in September 2014.

What is the rent for unit 1104?

AED 67,000 a year on the contract signed on 25 December 2016. The previous contract, from July 2014, was AED 57,960; the unit has been rented since July 2013.

How big is unit 1104?

596 sqft (55.4 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.

What is unit 1104 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 1104, Mayfair Residency

Starts from the last sale price (AED 830K, 16 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

Plus AED 39,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →