1-bed · 596 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

604, Mayfair Residency

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 892K3 March 2014
Current rentAED 85K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Mayfair Residency

What is 604 worth today?

Last sold for AED 892,242 in 2014

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10 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 143 per sqft
29 Feb 2024RentedRenewal
AED 63,525/yr12 months · AED 107 per sqft
1 Mar 2023RentedRenewal
AED 60,674/yr12 months · AED 102 per sqft
1 Mar 2022RentedRenewal
AED 55,000/yr12 months · AED 92 per sqft
1 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 84 per sqft
29 Feb 2020RentedRenewal
AED 60,000/yr12 months · AED 101 per sqft
10 Jul 2018RentedRenewal
AED 68,000/yr12 months · AED 114 per sqft
10 Jul 2017RentedRenewal
AED 77,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
6th of 18
Parking
B2-72
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 892K · March 2014

About 604, Mayfair Residency

604 is a one-bedroom apartment of 596 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 3 March 2014 for AED 892,242, or AED 1,497 per sqft, 11% above the AED 1,345 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 10 March 2025, is AED 85,000 a year: a gross yield of 9.5% on the 2014 price, before the service charge of about AED 9,700 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, March 2014: AED 892,242 (AED 1,497 per sqft)

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

Rents
Unit 604, 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, October 2013: AED 50,600 a yearNew contract, July 2015: AED 85,000 a yearRenewal, July 2016: AED 85,000 a yearRenewal, July 2017: AED 77,000 a yearRenewal, July 2018: AED 68,000 a yearRenewal, February 2020: AED 60,000 a yearRenewal, March 2021: AED 50,000 a yearRenewal, March 2022: AED 55,000 a yearRenewal, March 2023: AED 60,674 a yearRenewal, February 2024: AED 63,525 a yearNew contract, March 2025: AED 85,000 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 604 sits

All 187 1-beds →

604 last sold in March 2014 at AED 1,497 per sqft, 11% above what one-beds in Mayfair Residency were fetching at the time (AED 1,345). 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. 604's AED 85,000 is in the upper half 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 6th floor

All 212 units in Mayfair Residency
Value
6011-bedAED 850K · May 2013
6021-bedAED 1.26M · Apr 2014
6031-bedAED 550K · Jan 2021
6051-bedAED 620K · Mar 2013
6061-bedAED 1.1M · Aug 2015
6071-bedAED 970K · Mar 2014
6081-bedAED 921K · May 2014
1–7 of 13

604, Mayfair Residency in numbers

  • Sold once: by Deyaar on 3 March 2014 for AED 892,242, or AED 1,497 per sqft.
  • Rented since October 2013 on 11 Ejari contracts, from AED 50,600 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 9.5%, 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 March 2025.

Questions about 604, Mayfair Residency

What did unit 604 last sell for?

AED 892,242 on 3 March 2014, sold by the developer: AED 1,497 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 85,000 a year on the contract signed on 10 March 2025. The previous contract, from February 2024, was AED 63,525; the unit has been rented since October 2013.

How big is unit 604?

596 sqft (55.4 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 604 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 604, Mayfair Residency

Starts from the last sale price (AED 892K, 3 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 892,242
Deposit, UAE resident (20%)
AED 178,448
Deposit, non-resident (40%)
AED 356,897
Monthly over 25 years at 3.7%
AED 3,650

Plus AED 42,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →