1007, Mayfair Residency
Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Mayfair Residency
What is 1007 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 10th of 18
- Parking
- P1-16
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 881K · May 2014
- Building
- Mayfair Residency
About 1007, Mayfair Residency
1007 is a one-bedroom apartment of 614 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 5 May 2014 for AED 880,640, or AED 1,434 per sqft, 3% above the AED 1,390 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 November 2026, is AED 55,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1007 over time
1007 has sold once; 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 1007 sits
All 197 1-beds →1007 last sold in May 2014 at AED 1,434 per sqft, 3% above what one-beds in Mayfair Residency were fetching at the time (AED 1,390). 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. 1007's AED 55,000 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 | |
| 1002 | 1-bed | 780 sqft | AED 940KAED 940,000 · Dec 2016December 2016 | 66,240 /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 | |
| 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 |
1007, Mayfair Residency in numbers
- Sold once: by Deyaar on 5 May 2014 for AED 880,640, or AED 1,434 per sqft.
- Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 64,000 to AED 35,000 in 2021 and recovered to AED 55,000 by November 2026.
- At AED 55,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 9,900 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 November 2026.
Questions about 1007, Mayfair Residency
What did unit 1007 last sell for?
AED 880,640 on 5 May 2014, sold by the developer: AED 1,434 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 55,000 a year on the contract signed on 1 November 2026. The previous contract, from April 2024, was AED 68,000; the unit has been rented since December 2017.
How big is unit 1007?
614 sqft (57.0 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.
What is unit 1007 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 1007, Mayfair Residency
Starts from the last sale price (AED 881K, 5 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 880,640
- Deposit, UAE resident (20%)
- AED 176,128
- Deposit, non-resident (40%)
- AED 352,256
- Monthly over 25 years at 3.7%
- AED 3,603
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →