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1-bed · 832 sqftMayfair Residency, Business Bay · 3rd floor · completed 2011

309, Mayfair Residency

Sold prices and rental history: sold 3 times, last in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 21 December 2015
Last soldAED 950K21 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mayfair Residency

What is 309 worth today?

Last sold for AED 950,000 in 2015

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21 Dec 2015SoldReady
AED 950,000AED 1,141 per sqft
25 Dec 2012SoldReady
AED 997,781AED 1,198 per sqft
11 Jun 2009Sold by developerOff-plan
AED 947,781AED 1,138 per sqft

Source: Dubai Land Department. Updated 21 December 2015.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
3rd of 18
Parking
G-05
Developer
Deyaar
Completed
2011
Service charge
AED 13,500 /yr
Last sold
AED 950K · December 2015
Building
Mayfair Residency

About 309, Mayfair Residency

309 is a one-bedroom apartment of 832 sqft on the 3rd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 21 December 2015 for AED 950,000, or AED 1,141 per sqft, 18% below the AED 1,399 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales
Unit 309, 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, June 2009: AED 947,781 (AED 1,138 per sqft)Sold, December 2012: AED 997,781 (AED 1,198 per sqft)Sold, December 2015: AED 950,000 (AED 1,141 per sqft)

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

Rents
Unit 309, 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 75,000

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 309 sits

All 187 1-beds →

309 last sold in December 2015 at AED 1,141 per sqft, 18% below what one-beds in Mayfair Residency were fetching at the time (AED 1,399). 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.

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
3061-bedAED 1.09M · Apr 2014
3071-bedAED 958K · Jul 2014
1–7 of 13

309, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 947,781, last on 21 December 2015 for AED 950,000 (AED 1,141 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 21 December 2015.

Questions about 309, Mayfair Residency

What did unit 309 last sell for?

AED 950,000 on 21 December 2015: AED 1,141 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 947,781 in June 2009.

How big is unit 309?

832 sqft (77.3 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.

What is unit 309 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 309, Mayfair Residency

Starts from the last sale price (AED 950K, 21 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →