
403, Mayfair Residency
Sold prices and rental history: sold once, by the developer in November 2013, 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 403, Mayfair Residency
What is 403 worth today?
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Source: Dubai Land Department. Updated 5 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 4th of 18
- Parking
- B1-41
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,000 /yr
- Last sold
- AED 805K · November 2013
- Building
- Mayfair Residency
About 403, Mayfair Residency
403 is a one-bedroom apartment of 619 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 27 November 2013 for AED 804,696, or AED 1,300 per sqft, in line with the AED 1,300 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 46,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 10,000 a year.
Sales and rents for 403 over time
403 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 403 sits
All 187 1-beds →403 last sold in November 2013 at AED 1,300 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,300). 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. 403's AED 46,000 is at the bottom 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 4th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 614 sqft | AED 980KAED 980,000 · Dec 2024December 2024 | 42,000 /yr | |
| 402 | 1-bed | 780 sqft | AED 1.25MAED 1,250,000 · Jan 2015January 2015 | 85,000 /yr | |
| 404 | 1-bed | 596 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | 77,000 /yr | |
| 405 | 1-bed | 605 sqft | AED 442KAED 442,156 · Apr 2012April 2012 | 36,000 /yr | |
| 406 | 1-bed | 859 sqft | AED 700KAED 700,000 · Oct 2022October 2022 | 39,000 /yr | |
| 407 | 1-bed | 614 sqft | AED 435KAED 435,000 · Dec 2011December 2011 | 35,000 /yr | |
| 408 | 1-bed | 644 sqft | AED 540KAED 540,000 · Jun 2022June 2022 | 72,000 /yr | |
| 409 | 1-bed | 832 sqft | AED 968KAED 967,500 · Nov 2024November 2024 | 70,132 /yr | |
| 410 | 1-bed | 623 sqft | AED 890KAED 890,000 · Sep 2024September 2024 | 69,600 /yr | |
| 411 | 1-bed | 596 sqft | AED 1.08MAED 1,080,581 · Aug 2014August 2014 | 66,240 /yr | |
| 412 | 633 sqft | AED 782KAED 781,963 · Oct 2025October 2025 | 68,000 /yr | ||
| 413 | 1-bed | 752 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | ||
| 414 | 1-bed | 649 sqft | AED 903KAED 903,052 · Feb 2013February 2013 | 60,000 /yr |
403, Mayfair Residency in numbers
- Sold once: by Deyaar on 27 November 2013 for AED 804,696, or AED 1,300 per sqft.
- Rented since December 2013 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2020 and recovered to AED 46,000 by October 2022.
- At AED 46,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 10,000 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 5 October 2022.
Questions about 403, Mayfair Residency
What did unit 403 last sell for?
AED 804,696 on 27 November 2013, sold by the developer: AED 1,300 per sqft for 619 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 46,000 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 40,000; the unit has been rented since December 2013.
How big is unit 403?
619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.
What is unit 403 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 403, Mayfair Residency
Starts from the last sale price (AED 805K, 27 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 804,696
- Deposit, UAE resident (20%)
- AED 160,939
- Deposit, non-resident (40%)
- AED 321,878
- Monthly over 25 years at 3.7%
- AED 3,292
Plus AED 38,807 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →