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3-bed · 1,427 sqftMayfair Residency, Business Bay · 18th floor · completed 2011

1802, Mayfair Residency

Sold prices and rental history: sold 3 times, last in April 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 428K8 April 2012
Current rentAED 115K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1802, Mayfair Residency

What is 1802 worth today?

Last sold for AED 428,100 in 2012

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10 Sep 2025RentedRenewal
AED 115,000/yr12 months · AED 81 per sqft
10 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 81 per sqft
10 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
20 Jul 2022RentedRenewal
AED 82,500/yr12 months · AED 58 per sqft
20 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
20 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
1 Apr 2017RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
1 Apr 2016RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
3-bed apartment
Size
1,427 sqft
Floor
18th of 18
Parking
P2-05
Developer
Deyaar
Completed
2011
Service charge
AED 23,100 /yr
Last sold
AED 428K · April 2012
Building
Mayfair Residency

About 1802, Mayfair Residency

1802 is a three-bedroom apartment of 1,427 sqft on the 18th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 April 2012 for AED 428,100, or AED 599 per sqft, 56% below the AED 1,357 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 115,000 a year: a gross yield of 26.9% on the 2012 price, before the service charge of about AED 23,100 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical three-bed in Mayfair Residency
1M2M2009201120132015Typical 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 2009: AED 1,753,896 (AED 1,228 per sqft)Sold, March 2012: AED 2,109,363 (AED 1,477 per sqft)Sold, April 2012: AED 428,100 (AED 599 per sqft)

1802 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, 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, April 2016: AED 110,000 a yearNew contract, April 2017: AED 110,000 a yearRenewal, July 2020: AED 80,000 a yearRenewal, July 2021: AED 75,000 a yearRenewal, July 2022: AED 82,500 a yearNew contract, September 2023: AED 115,000 a yearRenewal, September 2024: AED 115,000 a yearRenewal, September 2025: AED 115,000 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 1802 sits

All 15 3-beds →

1802 last sold in April 2012 at AED 599 per sqft, 56% below what three-beds in Mayfair Residency were fetching at the time (AED 1,357).

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jul 20251,700,000
12 Mar 20252,100,000
5 Mar 20241,338,346
5 Sep 20231,500,000
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 18th floor

All 212 units in Mayfair Residency
Value
18013-bedAED 1.5M · Sep 2023
18033-bedAED 495K · Dec 2020
18043-bedAED 1.2M · Jul 2022
18053-bedAED 413K · Apr 2012

1802, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 1,753,896, last on 8 April 2012 for AED 428,100 (AED 599 per sqft).
  • Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 115,000 by September 2025.
  • At AED 115,000 a year the gross yield on the 2012 price is 26.9%, before a service charge of about AED 23,100 a year (AED 16.20 per sqft).

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 1802, Mayfair Residency

What did unit 1802 last sell for?

AED 428,100 on 8 April 2012: AED 599 per sqft for 1,427 sqft. The unit has 3 registered sales; the first was AED 1,753,896 in June 2009.

What is the rent for unit 1802?

AED 115,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since April 2016.

How big is unit 1802?

1,427 sqft (132.6 sqm): a three-bedroom apartment on the 18th floor of a 18-storey tower completed in 2011.

What is unit 1802 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 1802, Mayfair Residency

Starts from the last sale price (AED 428K, 8 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 428,100
Deposit, UAE resident (20%)
AED 85,620
Deposit, non-resident (40%)
AED 171,240
Monthly over 25 years at 3.7%
AED 1,751

Plus AED 20,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →