1108, Mayfair Residency
Sold prices and rental history: sold 3 times, last in April 2013, 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 1108, Mayfair Residency
What is 1108 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 644 sqft
- Floor
- 11th of 18
- Parking
- B2-15
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,400 /yr
- Last sold
- AED 700K · April 2013
- Building
- Mayfair Residency
About 1108, Mayfair Residency
1108 is a one-bedroom apartment of 644 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 25 April 2013 for AED 700,000, or AED 1,087 per sqft, 8% below the AED 1,181 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 70,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1108 over time
1108 has sold 3 times; 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 1108 sits
All 187 1-beds →1108 last sold in April 2013 at AED 1,087 per sqft, 8% below what one-beds in Mayfair Residency were fetching at the time (AED 1,181). 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. 1108's AED 70,000 is in the lower 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 | |
| 1103 | 1-bed | 619 sqft | AED 780KAED 780,000 · May 2023May 2023 | 94,000 /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 | |
| 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 |
1108, Mayfair Residency in numbers
- Sold 3 times: first on 11 June 2009 for AED 828,571, last on 25 April 2013 for AED 700,000 (AED 1,087 per sqft).
- Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 77,896 to AED 50,000 in 2020 and recovered to AED 70,000 by August 2024.
- At AED 70,000 a year the gross yield on the 2013 price is 10.0%, 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 5 August 2024.
Questions about 1108, Mayfair Residency
What did unit 1108 last sell for?
AED 700,000 on 25 April 2013: AED 1,087 per sqft for 644 sqft. The unit has 3 registered sales; the first was AED 828,571 in June 2009.
What is the rent for unit 1108?
AED 70,000 a year on the contract renewed on 5 August 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since April 2016.
How big is unit 1108?
644 sqft (59.8 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.
What is unit 1108 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 1108, Mayfair Residency
Starts from the last sale price (AED 700K, 25 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →