1-bed · 859 sqftMayfair Residency, Business Bay · 3rd floor · completed 2011

306, Mayfair Residency

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 1.09M7 April 2014
Current rentAED 82K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mayfair Residency

What is 306 worth today?

Last sold for AED 1,086,226 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Dec 2025RentedNew contract
AED 82,000/yr12 months · AED 95 per sqft
12 Nov 2024RentedNew contract
AED 73,000/yr12 months · AED 85 per sqft
13 Nov 2023RentedRenewal
AED 66,000/yr12 months · AED 77 per sqft
13 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
27 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
1 Sep 2015RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
21 Jul 2014RentedNew contract
AED 74,000/yr12 months · AED 86 per sqft
7 Apr 2014Sold by developerReady
AED 1,086,226AED 1,264 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
3rd of 18
Parking
P1-01
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 1.09M · April 2014

About 306, Mayfair Residency

306 is a one-bedroom apartment of 859 sqft on the 3rd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 7 April 2014 for AED 1,086,226, or AED 1,264 per sqft, 8% below the AED 1,372 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 29 December 2025, is AED 82,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 2014: AED 1,086,226 (AED 1,264 per sqft)

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

Rents
Unit 306, 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, July 2014: AED 74,000 a yearNew contract, September 2015: AED 75,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 66,000 a yearNew contract, November 2024: AED 73,000 a yearNew contract, December 2025: AED 82,000 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 306 sits

All 187 1-beds →

306 last sold in April 2014 at AED 1,264 per sqft, 8% below what one-beds in Mayfair Residency were fetching at the time (AED 1,372). 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. 306's AED 82,000 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
3011-bedAED 830K · Sep 2023
3021-bedAED 950K · Feb 2016
303AED 1.02M · Sep 2025
3041-bedAED 827K · Jul 2009
3051-bedAED 900K · Apr 2013
3071-bedAED 958K · Jul 2014
3081-bedAED 860K · Nov 2023
1–7 of 13

306, Mayfair Residency in numbers

  • Sold once: by Deyaar on 7 April 2014 for AED 1,086,226, or AED 1,264 per sqft.
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 74,000 to AED 50,000 in 2019 and recovered to AED 82,000 by December 2025.
  • At AED 82,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 13,900 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 29 December 2025.

Questions about 306, Mayfair Residency

What did unit 306 last sell for?

AED 1,086,226 on 7 April 2014, sold by the developer: AED 1,264 per sqft for 859 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 82,000 a year on the contract signed on 29 December 2025. The previous contract, from November 2024, was AED 73,000; the unit has been rented since July 2014.

How big is unit 306?

859 sqft (79.8 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.

What is unit 306 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.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Mayfair Residency

Starts from the last sale price (AED 1.09M, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,086,226
Deposit, UAE resident (20%)
AED 217,245
Deposit, non-resident (40%)
AED 434,490
Monthly over 25 years at 3.7%
AED 4,444

Plus AED 50,631 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →