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

907, Mayfair Residency

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 790K7 February 2024
Current rentAED 38K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Mayfair Residency

What is 907 worth today?

Last sold for AED 790,000 in 2024

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7 Feb 2024SoldReady
AED 790,000AED 1,287 per sqft
7 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
1 Apr 2021RentedNew contract
AED 41,000/yr12 months · AED 67 per sqft
1 Jun 2020RentedRenewal
AED 51,000/yr12 months · AED 83 per sqft
1 Jun 2019RentedRenewal
AED 56,000/yr12 months · AED 91 per sqft
1 Jun 2018RentedNew contract
AED 54,000/yr12 months · AED 88 per sqft
1 Mar 2015RentedNew contract
AED 83,000/yr12 months · AED 135 per sqft
22 Apr 2014Sold by developerReady
AED 862,347AED 1,405 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
9th of 18
Parking
B2-44
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 790K · February 2024

About 907, Mayfair Residency

907 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. It last sold on 7 February 2024 for AED 790,000, or AED 1,287 per sqft, 14% above the AED 1,130 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 7 October 2021, is AED 38,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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, April 2014: AED 862,347 (AED 1,405 per sqft)Sold, February 2024: AED 790,000 (AED 1,287 per sqft)

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

Rents
Unit 907, each contractTypical one-bed in Mayfair Residency
50K75K2013201720212025Typical 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, November 2013: AED 50,600 a yearNew contract, March 2015: AED 83,000 a yearNew contract, June 2018: AED 54,000 a yearRenewal, June 2019: AED 56,000 a yearRenewal, June 2020: AED 51,000 a yearNew contract, April 2021: AED 41,000 a yearNew contract, October 2021: AED 38,000 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 907 sits

All 187 1-beds →

907 last sold in February 2024 at AED 1,287 per sqft, 14% above what one-beds in Mayfair Residency were fetching at the time (AED 1,130). 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. 907's AED 38,000 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
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
9061-bedAED 725K · Mar 2022
908AED 800K · Jan 2024
1–7 of 13

907, Mayfair Residency in numbers

  • Sold twice: first on 22 April 2014 for AED 862,347, last on 7 February 2024 for AED 790,000 (AED 1,287 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 50,600 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 4.8%, 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: Dubai Land Department. Updated 7 February 2024.

Questions about 907, Mayfair Residency

What did unit 907 last sell for?

AED 790,000 on 7 February 2024: AED 1,287 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 862,347 in April 2014.

What is the rent for unit 907?

AED 38,000 a year on the contract signed on 7 October 2021. The previous contract, from April 2021, was AED 41,000; the unit has been rented since November 2013.

How big is unit 907?

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

What is unit 907 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 907, Mayfair Residency

Starts from the last sale price (AED 790K, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →