1002, Mayfair Residency
Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Mayfair Residency
What is 1002 worth today?
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Source: Dubai Land Department. Updated 22 December 2016.
Key facts
- Type
- 1-bed apartment
- Size
- 780 sqft
- Floor
- 10th of 18
- Parking
- B1-34
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 940K · December 2016
- Building
- Mayfair Residency
About 1002, Mayfair Residency
1002 is a one-bedroom apartment of 780 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 22 December 2016 for AED 940,000, or AED 1,205 per sqft, 6% below the AED 1,280 one-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 5 September 2015, is AED 66,240 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; 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 1002 sits
All 197 1-beds →1002 last sold in December 2016 at AED 1,205 per sqft, 6% below what one-beds in Mayfair Residency were fetching at the time (AED 1,280). Over the last 12 months one-beds sold for AED 400,000 to 1,500,000, around AED 1,421 per sqft, and rent for AED 36,000 to 120,000 a year. 1002's AED 66,240 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 298 sqft | 400,000 | 1,342 | ||
| 12 Aug 202612 August 2026 | 416 sqft | 540,199 | 1,297 | ||
| 12 Aug 202612 August 2026 | 324 sqft | 450,000 | 1,387 | ||
| 12 Aug 202612 August 2026 | 376 sqft | 500,000 | 1,330 |
Mayfair Residency
Building212 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2011 by Deyaar. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,452 Down 0.9%
- Typical sale
- AED 1M
- Typical rent
- AED 68K /yr
- Typical yield
- 7.2%
Other units on the 10th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 614 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 72,000 /yr | |
| 1003 | 1-bed | 619 sqft | AED 1MAED 1,000,000 · Nov 2014November 2014 | 72,500 /yr | |
| 1004 | 1-bed | 596 sqft | AED 931KAED 930,536 · Apr 2014April 2014 | 70,000 /yr | |
| 1005 | 1-bed | 605 sqft | AED 909KAED 908,728 · Dec 2013December 2013 | 42,000 /yr | |
| 1006 | 1-bed | 859 sqft | AED 785KAED 785,000 · Jul 2023July 2023 | 70,000 /yr | |
| 1007 | 1-bed | 614 sqft | AED 881KAED 880,640 · May 2014May 2014 | 55,000 /yr | |
| 1008 | 1-bed | 644 sqft | AED 866KAED 865,629 · Nov 2013November 2013 | 63,000 /yr | |
| 1009 | 1-bed | 832 sqft | AED 488KAED 487,655 · Jun 2012June 2012 | 65,000 /yr | |
| 1010 | 1-bed | 623 sqft | AED 430KAED 430,467 · Jun 2013June 2013 | 70,000 /yr | |
| 1011 | 1-bed | 596 sqft | AED 670KAED 670,000 · Mar 2023March 2023 | 68,250 /yr | |
| 1012 | 1-bed | 633 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 55,000 /yr | |
| 1013 | 1-bed | 752 sqft | AED 591KAED 590,978 · Mar 2014March 2014 | 73,000 /yr | |
| 1014 | 1-bed | 649 sqft | AED 928KAED 927,702 · Jun 2009June 2009 | 40,000 /yr |
1002, Mayfair Residency in numbers
- Sold 3 times: first on 11 June 2009 for AED 1,078,523, last on 22 December 2016 for AED 940,000 (AED 1,205 per sqft).
- Rented since September 2014 on 2 Ejari contracts, from AED 55,200 to AED 66,240 a year.
- At AED 66,240 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 12,600 a year (AED 16.20 per sqft).
- One-beds in Mayfair Residency sold for AED 400,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,452 per sqft.
Source: Dubai Land Department. Updated 22 December 2016.
Questions about 1002, Mayfair Residency
What did unit 1002 last sell for?
AED 940,000 on 22 December 2016: AED 1,205 per sqft for 780 sqft. The unit has 3 registered sales; the first was AED 1,078,523 in June 2009.
What is the rent for unit 1002?
AED 66,240 a year on the contract renewed on 5 September 2015. The previous contract, from September 2014, was AED 55,200.
How big is unit 1002?
780 sqft (72.5 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.
What is unit 1002 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 400,000 to 1,500,000 in the last 12 months, around AED 1,421 per sqft.
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Mortgage on 1002, Mayfair Residency
Starts from the last sale price (AED 940K, 22 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →