307, Mayfair Residency
Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Mayfair Residency
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 3rd of 18
- Parking
- P1-02
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 958K · July 2014
- Building
- Mayfair Residency
About 307, Mayfair Residency
307 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. The developer sold it on 24 July 2014 for AED 958,350, or AED 1,561 per sqft, 9% above the AED 1,428 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 February 2025, is AED 68,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 9,900 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the one-bed median of each year in the building.
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 307 sits
All 187 1-beds →307 last sold in July 2014 at AED 1,561 per sqft, 9% above what one-beds in Mayfair Residency were fetching at the time (AED 1,428). 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. 307's AED 68,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,028 sqft | 1,004,528 | 977 | ||
| 11 Feb 202611 February 2026 | 633 sqft | 945,000 | 1,492 | ||
| 27 Jan 202627 January 2026 | 623 sqft | 1,000,000 | 1,605 | ||
| 20 Jan 202620 January 2026 | 925 sqft | 930,000 | 1,005 |
Mayfair Residency
Building212 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%
Other units on the 3rd floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 614 sqft | AED 830KAED 830,000 · Sep 2023September 2023 | 92,000 /yr | |
| 302 | 1-bed | 780 sqft | AED 950KAED 950,000 · Feb 2016February 2016 | 75,000 /yr | |
| 303 | 619 sqft | AED 1.02MAED 1,019,000 · Sep 2025September 2025 | 60,720 /yr | ||
| 304 | 1-bed | 596 sqft | AED 827KAED 826,612 · Jul 2009July 2009 | 65,000 /yr | |
| 305 | 1-bed | 605 sqft | AED 900KAED 900,000 · Apr 2013April 2013 | 64,000 /yr | |
| 306 | 1-bed | 859 sqft | AED 1.09MAED 1,086,226 · Apr 2014April 2014 | 82,000 /yr | |
| 308 | 1-bed | 644 sqft | AED 860KAED 860,000 · Nov 2023November 2023 | 70,000 /yr | |
| 309 | 1-bed | 832 sqft | AED 950KAED 950,000 · Dec 2015December 2015 | ||
| 310 | 1-bed | 623 sqft | AED 695KAED 694,870 · Jan 2013January 2013 | 50,000 /yr | |
| 311 | 1-bed | 596 sqft | AED 1.07MAED 1,069,775 · Jun 2014June 2014 | 65,000 /yr | |
| 312 | 1-bed | 633 sqft | AED 942KAED 942,127 · Apr 2014April 2014 | 71,665 /yr | |
| 313 | 1-bed | 752 sqft | AED 1.05MAED 1,051,700 · Jun 2009June 2009 | 75,000 /yr | |
| 314 | 1-bed | 649 sqft | AED 625KAED 624,870 · Dec 2012December 2012 | 52,000 /yr |
307, Mayfair Residency in numbers
- Sold once: by Deyaar on 24 July 2014 for AED 958,350, or AED 1,561 per sqft.
- Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 50,600 to AED 38,000 in 2020 and recovered to AED 68,000 by February 2025.
- At AED 68,000 a year the gross yield on the 2014 price is 7.1%, 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 25 February 2025.
Questions about 307, Mayfair Residency
What did unit 307 last sell for?
AED 958,350 on 24 July 2014, sold by the developer: AED 1,561 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 68,000 a year on the contract signed on 25 February 2025. The previous contract, from December 2021, was AED 45,000; the unit has been rented since November 2013.
How big is unit 307?
614 sqft (57.0 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.
What is unit 307 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 307? 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.
Mortgage on 307, Mayfair Residency
Starts from the last sale price (AED 958K, 24 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 958,350
- Deposit, UAE resident (20%)
- AED 191,670
- Deposit, non-resident (40%)
- AED 383,340
- Monthly over 25 years at 3.7%
- AED 3,921
Plus AED 45,261 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →