1-bed · 614 sqftMayfair Residency, Business Bay · 2nd floor · completed 2011

201, Mayfair Residency

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 581K15 April 2013
Current rentAED 83K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Mayfair Residency

What is 201 worth today?

Last sold for AED 580,899 in 2013

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25 Oct 2024RentedRenewal
AED 83,000/yr12 months · AED 135 per sqft
25 Oct 2023RentedNew contract
AED 77,000/yr12 months · AED 125 per sqft
7 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
20 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
10 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
12 Jan 2020RentedRenewal
AED 72,000/yr12 months · AED 117 per sqft
12 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
12 Jan 2017RentedRenewal
AED 75,500/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
2nd of 18
Parking
P3-01
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 581K · April 2013

About 201, Mayfair Residency

201 is a one-bedroom apartment of 614 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 15 April 2013 for AED 580,899, or AED 946 per sqft, 22% below the AED 1,212 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 83,000 a year: a gross yield of 14.3% on the 2013 price, before the service charge of about AED 9,900 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical 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, April 2013: AED 580,899 (AED 946 per sqft)

201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201, 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, January 2016: AED 80,000 a yearRenewal, January 2017: AED 75,500 a yearNew contract, January 2019: AED 75,000 a yearRenewal, January 2020: AED 72,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, August 2021: AED 45,000 a yearNew contract, October 2022: AED 65,000 a yearNew contract, October 2023: AED 77,000 a yearRenewal, October 2024: AED 83,000 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 201 sits

All 187 1-beds →

201 last sold in April 2013 at AED 946 per sqft, 22% below what one-beds in Mayfair Residency were fetching at the time (AED 1,212). 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. 201's AED 83,000 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 2nd floor

All 212 units in Mayfair Residency
Value
2021-bedAED 1.26M · Mar 2014
2031-bedAED 600K · Aug 2016
2041-bedAED 864K · Jan 2014
2051-bedAED 800K · Apr 2018
2061-bedAED 1M · Mar 2024
2071-bedAED 1.04M · Feb 2016
2081-bedAED 924K · Oct 2017
1–7 of 13

201, Mayfair Residency in numbers

  • Sold once: by Deyaar on 15 April 2013 for AED 580,899, or AED 946 per sqft.
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2020 and recovered to AED 83,000 by October 2024.
  • At AED 83,000 a year the gross yield on the 2013 price is 14.3%, 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: Dubai Land Department. Updated 25 October 2024.

Questions about 201, Mayfair Residency

What did unit 201 last sell for?

AED 580,899 on 15 April 2013, sold by the developer: AED 946 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 83,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 77,000; the unit has been rented since January 2016.

How big is unit 201?

614 sqft (57.0 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.

What is unit 201 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 201, Mayfair Residency

Starts from the last sale price (AED 581K, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 580,899
Deposit, UAE resident (20%)
AED 116,180
Deposit, non-resident (40%)
AED 232,360
Monthly over 25 years at 3.7%
AED 2,377

Plus AED 29,408 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →