1-bed · 596 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1004, Mayfair Residency

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 931K9 April 2014
Current rentAED 70K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Mayfair Residency

What is 1004 worth today?

Last sold for AED 930,536 in 2014

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1 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 117 per sqft
17 Oct 2025RentedRenewal
AED 77,000/yr12 months · AED 129 per sqft
17 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 117 per sqft
8 Sep 2022RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
11 Feb 2022RentedNew contract
AED 48,000/yr6 months · AED 81 per sqft
11 Feb 2021RentedNew contract
AED 41,000/yr12 months · AED 69 per sqft
9 Feb 2020RentedNew contract
AED 51,000/yr12 months · AED 86 per sqft
1 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
10th of 18
Parking
B1-31 , P2-13, P2-21
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 931K · April 2014

About 1004, Mayfair Residency

1004 is a one-bedroom apartment of 596 sqft on the 10th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 9 April 2014 for AED 930,536, or AED 1,561 per sqft, 14% above the AED 1,372 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 August 2026, is AED 70,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, 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, April 2014: AED 930,536 (AED 1,561 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, 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, October 2013: AED 50,600 a yearRenewal, October 2014: AED 60,720 a yearNew contract, November 2015: AED 70,000 a yearNew contract, January 2017: AED 68,000 a yearNew contract, February 2019: AED 55,000 a yearNew contract, February 2020: AED 51,000 a yearNew contract, February 2021: AED 41,000 a yearNew contract, February 2022: AED 48,000 a yearNew contract, September 2022: AED 50,000 a yearNew contract, October 2024: AED 70,000 a yearRenewal, October 2025: AED 77,000 a yearNew contract, August 2026: AED 70,000 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 1004 sits

All 197 1-beds →

1004 last sold in April 2014 at AED 1,561 per sqft, 14% above what one-beds in Mayfair Residency were fetching at the time (AED 1,372). 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. 1004's AED 70,000 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
10031-bedAED 1M · Nov 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

1004, Mayfair Residency in numbers

  • Sold once: by Deyaar on 9 April 2014 for AED 930,536, or AED 1,561 per sqft.
  • Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 50,600 to AED 41,000 in 2021 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 9,700 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 1 August 2026.

Questions about 1004, Mayfair Residency

What did unit 1004 last sell for?

AED 930,536 on 9 April 2014, sold by the developer: AED 1,561 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 70,000 a year on the contract signed on 1 August 2026. The previous contract, from October 2025, was AED 77,000; the unit has been rented since October 2013.

How big is unit 1004?

596 sqft (55.4 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1004 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 1004, Mayfair Residency

Starts from the last sale price (AED 931K, 9 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 930,536
Deposit, UAE resident (20%)
AED 186,107
Deposit, non-resident (40%)
AED 372,214
Monthly over 25 years at 3.7%
AED 3,807

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