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3-bed · 1,238 sqftMayfair Residency, Business Bay · 17th floor · completed 2011

1703, Mayfair Residency

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 1.7M22 July 2025
Current rentAED 82K /yr18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Mayfair Residency

What is 1703 worth today?

Last sold for AED 1,700,000 in 2025

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22 Jul 2025SoldReady
AED 1,700,000AED 1,373 per sqft
18 Jan 2024RentedRenewal
AED 82,280/yr12 months · AED 66 per sqft
18 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 55 per sqft
18 Jan 2021RentedRenewal
AED 68,000/yr12 months · AED 55 per sqft
18 Jan 2019RentedNew contract
AED 88,000/yr12 months · AED 71 per sqft
21 Jan 2018RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
4 Jun 2013Sold by developerReady
AED 1,377,883AED 1,113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Key facts

Type
3-bed apartment
Size
1,238 sqft
Floor
17th of 18
Parking
B2-33
Developer
Deyaar
Completed
2011
Service charge
AED 20,100 /yr
Last sold
AED 1.7M · July 2025
Building
Mayfair Residency

About 1703, Mayfair Residency

1703 is a three-bedroom apartment of 1,238 sqft on the 17th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 22 July 2025 for AED 1,700,000, or AED 1,373 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 18 January 2024, is AED 82,280 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical three-bed in Mayfair Residency
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,839,182; 2010 AED 1,000,000; 2011 AED 1,679,972; 2012 AED 1,234,555; 2013 AED 1,746,595; 2014 AED 1,987,235Sold by developer, June 2013: AED 1,377,883 (AED 1,113 per sqft)Sold, July 2025: AED 1,700,000 (AED 1,373 per sqft)

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, each contractTypical three-bed in Mayfair Residency
75K100K125K2013201720212025Typical rent by year: 2013 AED 80,000; 2014 AED 112,500; 2015 AED 115,000; 2016 AED 109,500; 2017 AED 109,725; 2018 AED 96,000; 2019 AED 85,500; 2020 AED 74,000; 2021 AED 72,500; 2022 AED 75,000; 2023 AED 103,000; 2024 AED 100,000; 2025 AED 122,500New contract, January 2018: AED 120,000 a yearNew contract, January 2019: AED 88,000 a yearRenewal, January 2021: AED 68,000 a yearRenewal, January 2022: AED 68,000 a yearRenewal, January 2024: AED 82,280 a year

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 1703 sits

All 15 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
12 Mar 20252,100,000
5 Mar 20241,338,346
5 Sep 20231,500,000
9 Dec 20221,250,000
0 3-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 17th floor

All 212 units in Mayfair Residency
Value
17013-bedAED 1.38M · Jul 2014
17023-bedAED 2.1M · Jan 2014
17043-bedAED 1.7M · Feb 2013
17053-bedAED 1.34M · Mar 2024

1703, Mayfair Residency in numbers

  • Sold twice: first on 4 June 2013 for AED 1,377,883, last on 22 July 2025 for AED 1,700,000 (AED 1,373 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2022 and recovered to AED 82,280 by January 2024.
  • At AED 82,280 a year the gross yield on the 2025 price is 4.8%, 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 22 July 2025.

Questions about 1703, Mayfair Residency

What did unit 1703 last sell for?

AED 1,700,000 on 22 July 2025: AED 1,373 per sqft for 1,238 sqft. The unit has 2 registered sales; the first was AED 1,377,883 in June 2013.

What is the rent for unit 1703?

AED 82,280 a year on the contract renewed on 18 January 2024. The previous contract, from January 2022, was AED 68,000; the unit has been rented since January 2018.

How big is unit 1703?

1,238 sqft (115.0 sqm): a three-bedroom apartment on the 17th floor of a 18-storey tower completed in 2011.

What is unit 1703 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 1703, Mayfair Residency

Starts from the last sale price (AED 1.7M, 22 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →