706, Mayfair Residency
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Mayfair Residency
What is 706 worth today?
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Source: Dubai Land Department. Updated 22 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 859 sqft
- Floor
- 7th of 18
- Parking
- B1-50
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.05M · June 2009
- Building
- Mayfair Residency
About 706, Mayfair Residency
706 is a one-bedroom apartment of 859 sqft on the 7th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 11 June 2009 for AED 1,050,243, or AED 1,222 per sqft, 6% below the AED 1,303 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 22 December 2025, is AED 103,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 13,900 a year.
Sales and rents for 706 over time
706 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 706 sits
All 187 1-beds →706 last sold in June 2009 at AED 1,222 per sqft, 6% below what one-beds in Mayfair Residency were fetching at the time (AED 1,303). 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. 706's AED 103,000 is at the top 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 7th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 614 sqft | AED 242KAED 241,782 · Mar 2012March 2012 | 62,000 /yr | |
| 702 | 1-bed | 780 sqft | AED 1.33MAED 1,327,262 · Jun 2014June 2014 | 54,625 /yr | |
| 703 | 1-bed | 619 sqft | AED 635KAED 635,000 · Jan 2020January 2020 | 68,878 /yr | |
| 704 | 1-bed | 596 sqft | AED 830KAED 830,000 · Dec 2017December 2017 | 75,000 /yr | |
| 705 | 1-bed | 605 sqft | AED 550KAED 550,000 · Dec 2019December 2019 | 53,000 /yr | |
| 707 | 1-bed | 614 sqft | AED 650KAED 650,000 · Feb 2020February 2020 | 75,000 /yr | |
| 708 | 1-bed | 644 sqft | AED 750KAED 750,000 · Feb 2018February 2018 | 74,000 /yr | |
| 709 | 1-bed | 832 sqft | AED 1.12MAED 1,120,806 · May 2014May 2014 | 65,000 /yr | |
| 710 | 1-bed | 623 sqft | AED 700KAED 700,000 · Oct 2022October 2022 | 75,000 /yr | |
| 711 | 1-bed | 596 sqft | AED 575KAED 575,000 · Sep 2022September 2022 | 38,000 /yr | |
| 712 | 1-bed | 633 sqft | AED 1.08MAED 1,080,000 · Mar 2025March 2025 | 80,000 /yr | |
| 713 | 1-bed | 752 sqft | AED 1.12MAED 1,116,623 · Mar 2012March 2012 | 85,000 /yr | |
| 714 | 1-bed | 649 sqft | AED 671KAED 670,755 · Jan 2013January 2013 | 62,760 /yr |
706, Mayfair Residency in numbers
- Sold once: by Deyaar on 11 June 2009 for AED 1,050,243, or AED 1,222 per sqft.
- Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2021 and recovered to AED 103,000 by December 2025.
- At AED 103,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 13,900 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 22 December 2025.
Questions about 706, Mayfair Residency
What did unit 706 last sell for?
AED 1,050,243 on 11 June 2009, sold by the developer: AED 1,222 per sqft for 859 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 103,000 a year on the contract signed on 22 December 2025. The previous contract, from May 2025, was AED 57,684; the unit has been rented since October 2018.
How big is unit 706?
859 sqft (79.8 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2011.
What is unit 706 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 706, Mayfair Residency
Starts from the last sale price (AED 1.05M, 11 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,243
- Deposit, UAE resident (20%)
- AED 210,049
- Deposit, non-resident (40%)
- AED 420,097
- Monthly over 25 years at 3.7%
- AED 4,297
Plus AED 49,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →