1-bed · 623 sqftMayfair Residency, Business Bay · 12th floor · completed 2011

1210, Mayfair Residency

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 426K24 October 2016
Current rentAED 40K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Mayfair Residency

What is 1210 worth today?

Last sold for AED 426,237 in 2016

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15 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
11 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
24 Oct 2016Sold by developerReady
AED 426,237AED 684 per sqft
17 Sep 2015RentedNew contract
AED 80,000/yr12 months · AED 128 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2021.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
12th of 18
Parking
P2-30
Developer
Deyaar
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 426K · October 2016

About 1210, Mayfair Residency

1210 is a one-bedroom apartment of 623 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 24 October 2016 for AED 426,237, or AED 684 per sqft, 49% below the AED 1,342 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 15 September 2021, is AED 40,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical one-bed in Mayfair Residency
500K1M2009201420192024Typical 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, October 2016: AED 426,237 (AED 684 per sqft)

1210 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1210, 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, September 2015: AED 80,000 a yearNew contract, June 2020: AED 45,000 a yearNew contract, September 2021: AED 40,000 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 1210 sits

All 187 1-beds →

1210 last sold in October 2016 at AED 684 per sqft, 49% below what one-beds in Mayfair Residency were fetching at the time (AED 1,342). 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. 1210's AED 40,000 is at the bottom 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 12th floor

All 212 units in Mayfair Residency
Value
12011-bedAED 489K · Jan 2013
12021-bedAED 1.14M · Jan 2013
12031-bedAED 730K · Dec 2022
12041-bedAED 850K · Jan 2017
12051-bedAED 909K · Mar 2014
12061-bedAED 930K · Oct 2016
12071-bedAED 750K · Nov 2018
1–7 of 13

1210, Mayfair Residency in numbers

  • Sold once: by Deyaar on 24 October 2016 for AED 426,237, or AED 684 per sqft.
  • Rented since September 2015 on 3 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 10,100 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 September 2021.

Questions about 1210, Mayfair Residency

What did unit 1210 last sell for?

AED 426,237 on 24 October 2016, sold by the developer: AED 684 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 1210?

AED 40,000 a year on the contract signed on 15 September 2021. The previous contract, from June 2020, was AED 45,000; the unit has been rented since September 2015.

How big is unit 1210?

623 sqft (57.9 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.

What is unit 1210 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 1210, Mayfair Residency

Starts from the last sale price (AED 426K, 24 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 426,237
Deposit, UAE resident (20%)
AED 85,247
Deposit, non-resident (40%)
AED 170,495
Monthly over 25 years at 3.7%
AED 1,744

Plus AED 20,811 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →