1301, Mayfair Residency
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Mayfair Residency
What is 1301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 13th of 18
- Parking
- B1-29
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 840K · October 2023
- Building
- Mayfair Residency
About 1301, Mayfair Residency
1301 is a one-bedroom apartment of 614 sqft on the 13th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 2 October 2023 for AED 840,000, or AED 1,368 per sqft, 38% above the AED 994 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 20 July 2023, is AED 60,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1301 over time
1301 has sold twice; 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 1301 sits
All 187 1-beds →1301 last sold in October 2023 at AED 1,368 per sqft, 38% above what one-beds in Mayfair Residency were fetching at the time (AED 994). 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. 1301's AED 60,000 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 13th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 1-bed | 780 sqft | AED 900KAED 900,000 · Apr 2018April 2018 | 85,000 /yr | |
| 1303 | 1-bed | 619 sqft | AED 830KAED 830,000 · Feb 2024February 2024 | 95,000 /yr | |
| 1304 | 1-bed | 596 sqft | AED 395KAED 395,000 · Nov 2017November 2017 | 66,240 /yr | |
| 1305 | 1-bed | 621 sqft | AED 700KAED 700,000 · Mar 2016March 2016 | 72,000 /yr | |
| 1310 | 1-bed | 625 sqft | AED 850KAED 850,000 · May 2016May 2016 | 47,520 /yr | |
| 1311 | 1-bed | 596 sqft | AED 830KAED 830,000 · Nov 2017November 2017 | 65,000 /yr | |
| 1312 | 1-bed | 633 sqft | AED 910KAED 910,000 · Jul 2011July 2011 | 72,500 /yr | |
| 1313 | 1-bed | 752 sqft | AED 1.2MAED 1,199,945 · Sep 2013September 2013 | 42,000 /yr | |
| 1314 | 1-bed | 649 sqft | AED 1.12MAED 1,120,000 · Jan 2025January 2025 | 52,000 /yr |
1301, Mayfair Residency in numbers
- Sold twice: first on 17 September 2012 for AED 507,429, last on 2 October 2023 for AED 840,000 (AED 1,368 per sqft).
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 65,016 to AED 40,000 in 2020 and recovered to AED 60,000 by July 2023.
- At AED 60,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 9,900 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 2 October 2023.
Questions about 1301, Mayfair Residency
What did unit 1301 last sell for?
AED 840,000 on 2 October 2023: AED 1,368 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 507,429 in September 2012.
What is the rent for unit 1301?
AED 60,000 a year on the contract signed on 20 July 2023. The previous contract, from July 2022, was AED 49,500; the unit has been rented since May 2015.
How big is unit 1301?
614 sqft (57.0 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2011.
What is unit 1301 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 1301, Mayfair Residency
Starts from the last sale price (AED 840K, 2 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →