1-bed · 605 sqftMayfair Residency, Business Bay · 4th floor · completed 2011

405, Mayfair Residency

Sold prices and rental history: sold twice, last in April 2012, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 442K30 April 2012
Current rentAED 36K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mayfair Residency

What is 405 worth today?

Last sold for AED 442,156 in 2012

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1 Jul 2025RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
30 Apr 2012SoldReady
AED 442,156AED 730 per sqft
18 Oct 2009Sold by developerOff-plan
AED 404,656AED 668 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
4th of 18
Parking
B2-02
Developer
Deyaar
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 442K · April 2012

About 405, Mayfair Residency

405 is a one-bedroom apartment of 605 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 30 April 2012 for AED 442,156, or AED 730 per sqft, 44% below the AED 1,295 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2025. The current contract, signed on 1 July 2025, is AED 36,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 9,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Mayfair Residency
500K1M2009201420192024Typical 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, October 2009: AED 404,656 (AED 668 per sqft)Sold, April 2012: AED 442,156 (AED 730 per sqft)

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

Rents
Unit 405, 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 2025: AED 36,000 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 405 sits

All 187 1-beds →

405 last sold in April 2012 at AED 730 per sqft, 44% below what one-beds in Mayfair Residency were fetching at the time (AED 1,295). 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. 405's AED 36,000 is at the bottom 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 4th floor

All 212 units in Mayfair Residency
Value
4011-bedAED 980K · Dec 2024
4021-bedAED 1.25M · Jan 2015
4031-bedAED 805K · Nov 2013
4041-bedAED 650K · Dec 2023
4061-bedAED 700K · Oct 2022
4071-bedAED 435K · Dec 2011
4081-bedAED 540K · Jun 2022
1–7 of 13

405, Mayfair Residency in numbers

  • Sold twice: first on 18 October 2009 for AED 404,656, last on 30 April 2012 for AED 442,156 (AED 730 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 9,800 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 1 July 2025.

Questions about 405, Mayfair Residency

What did unit 405 last sell for?

AED 442,156 on 30 April 2012: AED 730 per sqft for 605 sqft. The unit has 2 registered sales; the first was AED 404,656 in October 2009.

What is the rent for unit 405?

AED 36,000 a year on the contract signed on 1 July 2025.

How big is unit 405?

605 sqft (56.2 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.

What is unit 405 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 405, Mayfair Residency

Starts from the last sale price (AED 442K, 30 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 442,156
Deposit, UAE resident (20%)
AED 88,431
Deposit, non-resident (40%)
AED 176,862
Monthly over 25 years at 3.7%
AED 1,809

Plus AED 21,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →