404, Mayfair Residency
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Mayfair Residency
What is 404 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 4th of 18
- Parking
- P2-25
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,700 /yr
- Last sold
- AED 650K · December 2023
- Building
- Mayfair Residency
About 404, Mayfair Residency
404 is a one-bedroom apartment of 596 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 December 2023 for AED 650,000, or AED 1,090 per sqft, in line with the AED 1,109 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 10 February 2025, is AED 77,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 404 over time
404 has sold 4 times; 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 404 sits
All 187 1-beds →404 last sold in December 2023 at AED 1,090 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,109). 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. 404's AED 77,000 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 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 | |
| 403 | 1-bed | 619 sqft | AED 805KAED 804,696 · Nov 2013November 2013 | 46,000 /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 |
404, Mayfair Residency in numbers
- Sold 4 times: first on 11 June 2009 for AED 779,706, last on 11 December 2023 for AED 650,000 (AED 1,090 per sqft).
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 46,200 to AED 38,000 in 2021 and recovered to AED 77,000 by February 2025.
- At AED 77,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 9,700 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 10 February 2025.
Questions about 404, Mayfair Residency
What did unit 404 last sell for?
AED 650,000 on 11 December 2023: AED 1,090 per sqft for 596 sqft. The unit has 4 registered sales; the first was AED 779,706 in June 2009.
What is the rent for unit 404?
AED 77,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 77,000; the unit has been rented since August 2014.
How big is unit 404?
596 sqft (55.4 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.
What is unit 404 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 404, Mayfair Residency
Starts from the last sale price (AED 650K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →