1-bed · 619 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1003, Mayfair Residency

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 1M24 November 2014
Current rentAED 73K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Mayfair Residency

What is 1003 worth today?

Last sold for AED 1,000,000 in 2014

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20 Dec 2025RentedRenewal
AED 72,500/yr12 months · AED 117 per sqft
20 Dec 2024RentedRenewal
AED 72,500/yr12 months · AED 117 per sqft
20 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 113 per sqft
25 Nov 2022RentedNew contract
AED 46,000/yr12 months · AED 74 per sqft
25 Nov 2021RentedNew contract
AED 41,000/yr12 months · AED 67 per sqft
1 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
5 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
16 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
10th of 18
Parking
B2-55
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 1M · November 2014

About 1003, Mayfair Residency

1003 is a one-bedroom apartment of 619 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 24 November 2014 for AED 1,000,000, or AED 1,615 per sqft, 11% above the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 72,500 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical sale price by year: 2009 AED 822,158; 2010 AED 862,155; 2011 AED 826,234; 2012 AED 866,621; 2013 AED 850,000; 2014 AED 933,409; 2015 AED 925,000; 2016 AED 887,500; 2017 AED 840,000; 2018 AED 795,293; 2019 AED 575,000; 2020 AED 580,000; 2021 AED 550,250; 2022 AED 670,000; 2023 AED 775,000; 2024 AED 890,000; 2025 AED 1,019,000; 2026 AED 947,500Sold by developer, June 2010: AED 868,622 (AED 1,403 per sqft)Sold, August 2012: AED 923,622 (AED 1,492 per sqft)Sold, November 2014: AED 1,000,000 (AED 1,615 per sqft)

1003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Mayfair Residency
40K60K80K2012201620202024Typical rent by year: 2012 AED 40,889; 2013 AED 50,600; 2014 AED 60,720; 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 43,000; 2022 AED 50,000; 2023 AED 60,500; 2024 AED 69,256; 2025 AED 72,000; 2026 AED 67,000New contract, January 2016: AED 75,000 a yearNew contract, April 2019: AED 55,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, December 2020: AED 40,000 a yearNew contract, November 2021: AED 41,000 a yearNew contract, November 2022: AED 46,000 a yearNew contract, December 2023: AED 70,000 a yearRenewal, December 2024: AED 72,500 a yearRenewal, December 2025: AED 72,500 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 1003 sits

All 197 1-beds →

1003 last sold in November 2014 at AED 1,615 per sqft, 11% above what one-beds in Mayfair Residency were fetching at the time (AED 1,450). 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. 1003's AED 72,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026400,000
12 Aug 2026540,199
12 Aug 2026450,000
12 Aug 2026500,000
17 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. 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%
Mayfair Residency, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 212 units in Mayfair Residency
Value
10011-bedAED 1M · Oct 2025
10021-bedAED 940K · Dec 2016
10041-bedAED 931K · Apr 2014
10051-bedAED 909K · Dec 2013
10061-bedAED 785K · Jul 2023
10071-bedAED 881K · May 2014
10081-bedAED 866K · Nov 2013
1–7 of 13

1003, Mayfair Residency in numbers

  • Sold 3 times: first on 15 June 2010 for AED 868,622, last on 24 November 2014 for AED 1,000,000 (AED 1,615 per sqft).
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2020 and recovered to AED 72,500 by December 2025.
  • At AED 72,500 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 10,000 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 20 December 2025.

Questions about 1003, Mayfair Residency

What did unit 1003 last sell for?

AED 1,000,000 on 24 November 2014: AED 1,615 per sqft for 619 sqft. The unit has 3 registered sales; the first was AED 868,622 in June 2010.

What is the rent for unit 1003?

AED 72,500 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 72,500; the unit has been rented since January 2016.

How big is unit 1003?

619 sqft (57.5 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1003 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 1003, Mayfair Residency

Starts from the last sale price (AED 1M, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →