1-bed · 614 sqftMayfair Residency, Business Bay · 3rd floor · completed 2011

301, Mayfair Residency

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 830K9 September 2023
Current rentAED 92K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mayfair Residency

What is 301 worth today?

Last sold for AED 830,000 in 2023

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18 Dec 2025RentedRenewal
AED 92,000/yr3 months · AED 150 per sqft
18 Dec 2024RentedRenewal
AED 92,000/yr12 months · AED 150 per sqft
18 Dec 2023RentedNew contract
AED 92,000/yr12 months · AED 150 per sqft
9 Sep 2023SoldReady
AED 830,000AED 1,352 per sqft
28 May 2022RentedNew contract
AED 50,400/yr12 months · AED 82 per sqft
28 May 2021RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
22 Apr 2020RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
22 Apr 2019RentedNew contract
AED 53,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
3rd of 18
Parking
G-01
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 830K · September 2023

About 301, Mayfair Residency

301 is a one-bedroom apartment of 614 sqft on the 3rd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 9 September 2023 for AED 830,000, or AED 1,352 per sqft, 40% above the AED 964 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 92,000 a year: a gross yield of 11.1% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, July 2009: AED 848,799 (AED 1,382 per sqft)Sold, February 2018: AED 425,000 (AED 692 per sqft)Sold, September 2023: AED 830,000 (AED 1,352 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Mayfair Residency
50K75K100K2013201720212025Typical 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, May 2014: AED 70,000 a yearNew contract, May 2016: AED 70,000 a yearNew contract, July 2017: AED 70,000 a yearNew contract, April 2018: AED 64,000 a yearNew contract, April 2019: AED 53,000 a yearRenewal, April 2020: AED 48,000 a yearNew contract, May 2021: AED 42,000 a yearNew contract, May 2022: AED 50,400 a yearNew contract, December 2023: AED 92,000 a yearRenewal, December 2024: AED 92,000 a yearRenewal, December 2025: AED 92,000 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 301 sits

All 187 1-beds →

301 last sold in September 2023 at AED 1,352 per sqft, 40% above what one-beds in Mayfair Residency were fetching at the time (AED 964). 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. 301's AED 92,000 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 3rd floor

All 212 units in Mayfair Residency
Value
3021-bedAED 950K · Feb 2016
303AED 1.02M · Sep 2025
3041-bedAED 827K · Jul 2009
3051-bedAED 900K · Apr 2013
3061-bedAED 1.09M · Apr 2014
3071-bedAED 958K · Jul 2014
3081-bedAED 860K · Nov 2023
1–7 of 13

301, Mayfair Residency in numbers

  • Sold 3 times: first on 16 July 2009 for AED 848,799, last on 9 September 2023 for AED 830,000 (AED 1,352 per sqft).
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 92,000 by December 2025.
  • At AED 92,000 a year the gross yield on the 2023 price is 11.1%, 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 18 December 2025.

Questions about 301, Mayfair Residency

What did unit 301 last sell for?

AED 830,000 on 9 September 2023: AED 1,352 per sqft for 614 sqft. The unit has 3 registered sales; the first was AED 848,799 in July 2009.

What is the rent for unit 301?

AED 92,000 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 92,000; the unit has been rented since May 2014.

How big is unit 301?

614 sqft (57.0 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.

What is unit 301 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 301, Mayfair Residency

Starts from the last sale price (AED 830K, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

Plus AED 39,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →