1-bed · 614 sqftMayfair Residency, Business Bay · 9th floor · completed 2011

901, Mayfair Residency

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 820K29 November 2023
Current rentAED 60K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Mayfair Residency

What is 901 worth today?

Last sold for AED 820,000 in 2023

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29 Nov 2023Sold by developerReady
AED 820,000AED 1,336 per sqft
5 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
10 Mar 2023RentedRenewal
AED 60,000/yr12 months · AED 98 per sqft
10 Mar 2022RentedRenewal
AED 41,000/yr12 months · AED 67 per sqft
10 Mar 2021RentedNew contract
AED 41,000/yr12 months · AED 67 per sqft
10 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
24 Jan 2019RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2023.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
9th of 18
Parking
B2-38
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 820K · November 2023

About 901, Mayfair Residency

901 is a one-bedroom apartment of 614 sqft on the 9th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 29 November 2023 for AED 820,000, or AED 1,336 per sqft, 20% above the AED 1,117 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 5 August 2023, is AED 60,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, November 2023: AED 820,000 (AED 1,336 per sqft)

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

Rents
Unit 901, 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, January 2019: AED 55,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, March 2021: AED 41,000 a yearRenewal, March 2022: AED 41,000 a yearRenewal, March 2023: AED 60,000 a yearNew contract, August 2023: AED 60,000 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 901 sits

All 187 1-beds →

901 last sold in November 2023 at AED 1,336 per sqft, 20% above what one-beds in Mayfair Residency were fetching at the time (AED 1,117). 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. 901's AED 60,000 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 9th floor

All 212 units in Mayfair Residency
Value
9021-bedAED 1.06M · Dec 2025
9031-bedAED 849K · Sep 2013
9041-bedAED 670K · Apr 2013
9051-bedAED 679K · Apr 2013
9061-bedAED 725K · Mar 2022
9071-bedAED 790K · Feb 2024
908AED 800K · Jan 2024
1–7 of 13

901, Mayfair Residency in numbers

  • Sold once: by Deyaar on 29 November 2023 for AED 820,000, or AED 1,336 per sqft.
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 41,000 in 2022 and recovered to AED 60,000 by August 2023.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 9,900 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: YallaValue analysis of Dubai Land Department records. Updated 29 November 2023.

Questions about 901, Mayfair Residency

What did unit 901 last sell for?

AED 820,000 on 29 November 2023, sold by the developer: AED 1,336 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 60,000 a year on the contract signed on 5 August 2023. The previous contract, from March 2023, was AED 60,000; the unit has been rented since January 2019.

How big is unit 901?

614 sqft (57.0 sqm): a one-bedroom apartment on the 9th floor of a 18-storey tower completed in 2011.

What is unit 901 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 901, Mayfair Residency

Starts from the last sale price (AED 820K, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →