1203, Mayfair Residency
Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Mayfair Residency
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 12th of 18
- Parking
- B1-43
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,000 /yr
- Last sold
- AED 730K · December 2022
- Building
- Mayfair Residency
About 1203, Mayfair Residency
1203 is a one-bedroom apartment of 619 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 15 December 2022 for AED 730,000, or AED 1,179 per sqft, 23% above the AED 955 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 7 November 2021, is AED 42,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 187 1-beds →1203 last sold in December 2022 at AED 1,179 per sqft, 23% 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. 1203's AED 42,000 is at the bottom 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 12th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 614 sqft | AED 489KAED 489,073 · Jan 2013January 2013 | 70,000 /yr | |
| 1202 | 1-bed | 780 sqft | AED 1.14MAED 1,136,724 · Jan 2013January 2013 | 75,000 /yr | |
| 1204 | 1-bed | 596 sqft | AED 850KAED 850,000 · Jan 2017January 2017 | 75,000 /yr | |
| 1205 | 1-bed | 605 sqft | AED 909KAED 909,281 · Mar 2014March 2014 | 68,879 /yr | |
| 1206 | 1-bed | 859 sqft | AED 930KAED 930,000 · Oct 2016October 2016 | 89,759 /yr | |
| 1207 | 1-bed | 614 sqft | AED 750KAED 750,000 · Nov 2018November 2018 | 50,000 /yr | |
| 1208 | 1-bed | 644 sqft | AED 800KAED 800,000 · Oct 2017October 2017 | 100,000 /yr | |
| 1209 | 1-bed | 832 sqft | AED 700KAED 700,000 · Jun 2019June 2019 | 84,765 /yr | |
| 1210 | 1-bed | 623 sqft | AED 426KAED 426,237 · Oct 2016October 2016 | 40,000 /yr | |
| 1211 | 1-bed | 596 sqft | AED 387KAED 386,570 · Dec 2012December 2012 | 70,000 /yr | |
| 1212 | 1-bed | 633 sqft | AED 945KAED 945,000 · Feb 2026February 2026 | 53,500 /yr | |
| 1213 | 1-bed | 752 sqft | AED 1.24MAED 1,236,917 · May 2014May 2014 | 44,000 /yr | |
| 1214 | 1-bed | 649 sqft | AED 467KAED 467,126 · Oct 2011October 2011 | 68,000 /yr |
1203, Mayfair Residency in numbers
- Sold 3 times: first on 11 June 2009 for AED 826,174, last on 15 December 2022 for AED 730,000 (AED 1,179 per sqft).
- Rented since June 2015 on 3 Ejari contracts, from AED 70,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2022 price is 5.8%, 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 15 December 2022.
Questions about 1203, Mayfair Residency
What did unit 1203 last sell for?
AED 730,000 on 15 December 2022: AED 1,179 per sqft for 619 sqft. The unit has 3 registered sales; the first was AED 826,174 in June 2009.
What is the rent for unit 1203?
AED 42,000 a year on the contract signed on 7 November 2021. The previous contract, from October 2019, was AED 47,000; the unit has been rented since June 2015.
How big is unit 1203?
619 sqft (57.5 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.
What is unit 1203 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 1203, Mayfair Residency
Starts from the last sale price (AED 730K, 15 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →