1-bed · 780 sqftMayfair Residency, Business Bay · 13th floor · completed 2011

1302, Mayfair Residency

Sold prices and rental history: sold 3 times, last in April 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 900K30 April 2018
Current rentAED 85K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Mayfair Residency

What is 1302 worth today?

Last sold for AED 900,000 in 2018

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5 May 2025RentedRenewal
AED 85,000/yr12 months · AED 109 per sqft
5 May 2024RentedRenewal
AED 85,000/yr12 months · AED 109 per sqft
5 May 2023RentedNew contract
AED 85,000/yr12 months · AED 109 per sqft
7 Feb 2022RentedRenewal
AED 51,750/yr12 months · AED 66 per sqft
7 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
29 Jan 2020RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
29 Jan 2019RentedNew contract
AED 63,000/yr12 months · AED 81 per sqft
30 Apr 2018SoldReady
AED 900,000AED 1,154 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
13th of 18
Parking
B2-79
Developer
Deyaar
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 900K · April 2018

About 1302, Mayfair Residency

1302 is a one-bedroom apartment of 780 sqft on the 13th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 30 April 2018 for AED 900,000, or AED 1,154 per sqft, 7% below the AED 1,243 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 5 May 2025, is AED 85,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, May 2010: AED 1,132,415 (AED 1,452 per sqft)Sold, May 2013: AED 1,187,415 (AED 1,523 per sqft)Sold, April 2018: AED 900,000 (AED 1,154 per sqft)

1302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, 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, February 2015: AED 78,000 a yearNew contract, November 2016: AED 74,000 a yearNew contract, January 2019: AED 63,000 a yearRenewal, January 2020: AED 55,000 a yearNew contract, February 2021: AED 45,000 a yearRenewal, February 2022: AED 51,750 a yearNew contract, May 2023: AED 85,000 a yearRenewal, May 2024: AED 85,000 a yearRenewal, May 2025: AED 85,000 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 1302 sits

All 187 1-beds →

1302 last sold in April 2018 at AED 1,154 per sqft, 7% below what one-beds in Mayfair Residency were fetching at the time (AED 1,243). 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. 1302's AED 85,000 is in the upper 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 13th floor

All 212 units in Mayfair Residency
Value
13011-bedAED 840K · Oct 2023
13031-bedAED 830K · Feb 2024
13041-bedAED 395K · Nov 2017
13051-bedAED 700K · Mar 2016
13101-bedAED 850K · May 2016
13111-bedAED 830K · Nov 2017
13121-bedAED 910K · Jul 2011
1–7 of 9

1302, Mayfair Residency in numbers

  • Sold 3 times: first on 10 May 2010 for AED 1,132,415, last on 30 April 2018 for AED 900,000 (AED 1,154 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 78,000 to AED 45,000 in 2021 and recovered to AED 85,000 by May 2025.
  • At AED 85,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 12,600 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 5 May 2025.

Questions about 1302, Mayfair Residency

What did unit 1302 last sell for?

AED 900,000 on 30 April 2018: AED 1,154 per sqft for 780 sqft. The unit has 3 registered sales; the first was AED 1,132,415 in May 2010.

What is the rent for unit 1302?

AED 85,000 a year on the contract renewed on 5 May 2025. The previous contract, from May 2024, was AED 85,000; the unit has been rented since February 2015.

How big is unit 1302?

780 sqft (72.5 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2011.

What is unit 1302 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 1302, Mayfair Residency

Starts from the last sale price (AED 900K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →