1-bed · 605 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1005, Mayfair Residency

Sold prices and rental history: sold once, by the developer in December 2013, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 3 February 2021
Last soldAED 909K16 December 2013
Current rentAED 42K /yr3 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Mayfair Residency

What is 1005 worth today?

Last sold for AED 908,728 in 2013

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3 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
16 Dec 2013Sold by developerReady
AED 908,728AED 1,501 per sqft

Source: Dubai Land Department. Updated 3 February 2021.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
10th of 18
Parking
B1-33 , P2-37, P2-38
Developer
Deyaar
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 909K · December 2013

About 1005, Mayfair Residency

1005 is a one-bedroom apartment of 605 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 16 December 2013 for AED 908,728, or AED 1,501 per sqft, 15% above the AED 1,308 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 February 2021. The current contract, signed on 3 February 2021, is AED 42,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, 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, December 2013: AED 908,728 (AED 1,501 per sqft)

1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, 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, February 2021: AED 42,000 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 1005 sits

All 197 1-beds →

1005 last sold in December 2013 at AED 1,501 per sqft, 15% above what one-beds in Mayfair Residency were fetching at the time (AED 1,308). 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. 1005's AED 42,000 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
10041-bedAED 931K · Apr 2014
10061-bedAED 785K · Jul 2023
10071-bedAED 881K · May 2014
10081-bedAED 866K · Nov 2013
1–7 of 13

1005, Mayfair Residency in numbers

  • Sold once: by Deyaar on 16 December 2013 for AED 908,728, or AED 1,501 per sqft.
  • Rented since February 2021 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 4.6%, before a service charge of about AED 9,800 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 3 February 2021.

Questions about 1005, Mayfair Residency

What did unit 1005 last sell for?

AED 908,728 on 16 December 2013, sold by the developer: AED 1,501 per sqft for 605 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 42,000 a year on the contract signed on 3 February 2021.

How big is unit 1005?

605 sqft (56.2 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1005 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 1005, Mayfair Residency

Starts from the last sale price (AED 909K, 16 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 908,728
Deposit, UAE resident (20%)
AED 181,746
Deposit, non-resident (40%)
AED 363,491
Monthly over 25 years at 3.7%
AED 3,718

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