
1011, Mayfair Residency
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Mayfair Residency
What is 1011 worth today?
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Source: Dubai Land Department. Updated 15 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 10th of 18
- Parking
- P1-08
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,700 /yr
- Last sold
- AED 670K · March 2023
- Building
- Mayfair Residency
About 1011, Mayfair Residency
1011 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. It last sold on 3 March 2023 for AED 670,000, or AED 1,124 per sqft, 20% above the AED 940 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 68,250 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1011 over time
1011 has sold 4 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 1011 sits
All 197 1-beds →1011 last sold in March 2023 at AED 1,124 per sqft, 20% above what one-beds in Mayfair Residency were fetching at the time (AED 940). 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. 1011's AED 68,250 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 | |
| 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 | |
| 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 |
1011, Mayfair Residency in numbers
- Sold 4 times: first on 27 July 2010 for AED 610,111, last on 3 March 2023 for AED 670,000 (AED 1,124 per sqft).
- Rented since October 2014 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2021 and recovered to AED 68,250 by April 2026.
- At AED 68,250 a year the gross yield on the 2023 price is 10.2%, 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 15 April 2026.
Questions about 1011, Mayfair Residency
What did unit 1011 last sell for?
AED 670,000 on 3 March 2023: AED 1,124 per sqft for 596 sqft. The unit has 4 registered sales; the first was AED 610,111 in July 2010.
What is the rent for unit 1011?
AED 68,250 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 68,250; the unit has been rented since October 2014.
How big is unit 1011?
596 sqft (55.4 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.
What is unit 1011 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 1011, Mayfair Residency
Starts from the last sale price (AED 670K, 3 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →