1601, Mayfair Residency
Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Mayfair Residency
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,244 sqft
- Floor
- 16th of 18
- Parking
- B2-13&14
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 20,100 /yr
- Last sold
- AED 2.1M · March 2025
- Building
- Mayfair Residency
About 1601, Mayfair Residency
1601 is a three-bedroom apartment of 1,244 sqft on the 16th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 March 2025 for AED 2,100,000, or AED 1,688 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 26 December 2023, is AED 125,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 20,100 a year.
Sales and rents for 1601 over time
1601 has sold 5 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Mayfair Residency, and where 1601 sits
All 15 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202522 July 2025 | 1,238 sqft | 1,700,000 | 1,373 | ||
| 5 Mar 20245 March 2024 | 1,377 sqft | 1,338,346 | 972 | ||
| 5 Sep 20235 September 2023 | 1,244 sqft | 1,500,000 | 1,206 | ||
| 13 Jul 202213 July 2022 | 1,238 sqft | 1,200,000 | 969 |
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 16th floor
All 212 units in Mayfair Residency1601, Mayfair Residency in numbers
- Sold 5 times: first on 10 May 2010 for AED 1,806,714, last on 12 March 2025 for AED 2,100,000 (AED 1,688 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 75,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 20,100 a year (AED 16.20 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.
Questions about 1601, Mayfair Residency
What did unit 1601 last sell for?
AED 2,100,000 on 12 March 2025: AED 1,688 per sqft for 1,244 sqft. The unit has 5 registered sales; the first was AED 1,806,714 in May 2010.
What is the rent for unit 1601?
AED 125,000 a year on the contract signed on 26 December 2023. The previous contract, from December 2022, was AED 115,000; the unit has been rented since October 2013.
How big is unit 1601?
1,244 sqft (115.6 sqm): a three-bedroom apartment on the 16th floor of a 18-storey tower completed in 2011.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1601, Mayfair Residency
Starts from the last sale price (AED 2.1M, 12 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →