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

1111, Mayfair Residency

Sold prices and rental history: sold 3 times, last in January 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 782K30 January 2014
Current rentAED 69K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Mayfair Residency

What is 1111 worth today?

Last sold for AED 781,500 in 2014

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10 May 2025RentedNew contract
AED 69,000/yr12 months · AED 117 per sqft
10 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
10 Jun 2015RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
30 Jan 2014SoldReady
AED 781,500AED 1,311 per sqft
21 Jan 2014SoldReady
AED 845,047AED 1,417 per sqft
11 Jun 2009Sold by developerOff-plan
AED 770,046AED 1,292 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
11th of 18
Parking
B2-18
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 782K · January 2014

About 1111, Mayfair Residency

1111 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 30 January 2014 for AED 781,500, or AED 1,311 per sqft, in line with the AED 1,345 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 10 May 2025, is AED 69,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, June 2009: AED 770,046 (AED 1,292 per sqft)Sold, January 2014: AED 781,500 (AED 1,311 per sqft)Sold, January 2014: AED 845,047 (AED 1,417 per sqft)

1111 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1111, 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, June 2015: AED 70,000 a yearNew contract, March 2019: AED 55,000 a yearNew contract, May 2025: AED 69,000 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 1111 sits

All 187 1-beds →

1111 last sold in January 2014 at AED 1,311 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,345). 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. 1111's AED 69,000 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
11041-bedAED 830K · Jul 2017
11051-bedAED 875K · Apr 2025
11061-bedAED 1.1M · Apr 2025
11071-bedAED 900K · Jun 2025
1–7 of 13

1111, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 770,046, last on 30 January 2014 for AED 781,500 (AED 1,311 per sqft).
  • Rented since June 2015 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2019 and recovered to AED 69,000 by May 2025.
  • At AED 69,000 a year the gross yield on the 2014 price is 8.8%, 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 10 May 2025.

Questions about 1111, Mayfair Residency

What did unit 1111 last sell for?

AED 781,500 on 30 January 2014: AED 1,311 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 770,046 in June 2009.

What is the rent for unit 1111?

AED 69,000 a year on the contract signed on 10 May 2025. The previous contract, from March 2019, was AED 55,000; the unit has been rented since June 2015.

How big is unit 1111?

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

What is unit 1111 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 1111, Mayfair Residency

Starts from the last sale price (AED 782K, 30 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 781,500
Deposit, UAE resident (20%)
AED 156,300
Deposit, non-resident (40%)
AED 312,600
Monthly over 25 years at 3.7%
AED 3,197

Plus AED 37,833 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →