1-bed · 859 sqftMayfair Residency, Business Bay · 9th floor · completed 2011

906, Mayfair Residency

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 725K15 March 2022
Current rentAED 74K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Mayfair Residency

What is 906 worth today?

Last sold for AED 725,000 in 2022

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1 May 2024RentedRenewal
AED 73,500/yr13 months · AED 85 per sqft
1 May 2023RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
5 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
15 Mar 2022SoldReady
AED 725,000AED 843 per sqft
17 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
6 Sep 2018RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft
6 Sep 2017RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft
6 Sep 2016RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
9th of 18
Parking
B2-42
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 725K · March 2022

About 906, Mayfair Residency

906 is a one-bedroom apartment of 859 sqft on the 9th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 15 March 2022 for AED 725,000, or AED 843 per sqft, 5% below the AED 883 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 73,500 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 13,900 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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, August 2009: AED 529,240 (AED 615 per sqft)Sold, November 2014: AED 547,990 (AED 637 per sqft)Sold, March 2022: AED 725,000 (AED 843 per sqft)

906 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 906, 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, March 2014: AED 49,500 a yearRenewal, March 2015: AED 59,400 a yearNew contract, March 2016: AED 72,000 a yearNew contract, September 2016: AED 75,000 a yearRenewal, September 2017: AED 75,000 a yearNew contract, September 2018: AED 72,000 a yearNew contract, October 2019: AED 50,000 a yearNew contract, April 2022: AED 50,000 a yearNew contract, May 2023: AED 70,000 a yearRenewal, May 2024: AED 73,500 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 906 sits

All 187 1-beds →

906 last sold in March 2022 at AED 843 per sqft, 5% below what one-beds in Mayfair Residency were fetching at the time (AED 883). 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. 906's AED 73,500 is in the lower 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 9th floor

All 212 units in Mayfair Residency
Value
9011-bedAED 820K · Nov 2023
9021-bedAED 1.06M · Dec 2025
9031-bedAED 849K · Sep 2013
9041-bedAED 670K · Apr 2013
9051-bedAED 679K · Apr 2013
9071-bedAED 790K · Feb 2024
908AED 800K · Jan 2024
1–7 of 13

906, Mayfair Residency in numbers

  • Sold 3 times: first on 5 August 2009 for AED 529,240, last on 15 March 2022 for AED 725,000 (AED 843 per sqft).
  • Rented since March 2014 on 10 Ejari contracts, from AED 49,500 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2022 price is 10.1%, 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 1 May 2024.

Questions about 906, Mayfair Residency

What did unit 906 last sell for?

AED 725,000 on 15 March 2022: AED 843 per sqft for 859 sqft. The unit has 3 registered sales; the first was AED 529,240 in August 2009.

What is the rent for unit 906?

AED 73,500 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 70,000; the unit has been rented since March 2014.

How big is unit 906?

859 sqft (79.8 sqm): a one-bedroom apartment on the 9th floor of a 18-storey tower completed in 2011.

What is unit 906 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 906, Mayfair Residency

Starts from the last sale price (AED 725K, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

Plus AED 35,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →