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1-bed · 649 sqftMayfair Residency, Business Bay · 10th floor · completed 2011

1014, Mayfair Residency

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 26 December 2021
Last soldAED 928K11 June 2009
Current rentAED 40K /yr26 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1014, Mayfair Residency

What is 1014 worth today?

Last sold for AED 927,702 in 2009

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26 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
26 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
11 Jun 2009Sold by developerOff-plan
AED 927,702AED 1,429 per sqft

Source: Dubai Land Department. Updated 26 December 2021.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
10th of 18
Parking
B1-32
Developer
Deyaar
Completed
2011
Service charge
AED 10,500 /yr
Last sold
AED 928K · June 2009
Building
Mayfair Residency

About 1014, Mayfair Residency

1014 is a one-bedroom apartment of 649 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 11 June 2009 for AED 927,702, or AED 1,429 per sqft, 9% above the AED 1,306 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 26 December 2021, is AED 40,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, 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 2009: AED 927,702 (AED 1,429 per sqft)

1014 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1014, 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, November 2019: AED 65,000 a yearNew contract, December 2021: AED 40,000 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 1014 sits

All 197 1-beds →

1014 last sold in June 2009 at AED 1,429 per sqft, 9% above what one-beds in Mayfair Residency were fetching at the time (AED 1,306). 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. 1014's AED 40,000 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
10051-bedAED 909K · Dec 2013
10061-bedAED 785K · Jul 2023
10071-bedAED 881K · May 2014
1–7 of 13

1014, Mayfair Residency in numbers

  • Sold once: by Deyaar on 11 June 2009 for AED 927,702, or AED 1,429 per sqft.
  • Rented since November 2019 on 2 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 10,500 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 26 December 2021.

Questions about 1014, Mayfair Residency

What did unit 1014 last sell for?

AED 927,702 on 11 June 2009, sold by the developer: AED 1,429 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 1014?

AED 40,000 a year on the contract signed on 26 December 2021. The previous contract, from November 2019, was AED 65,000.

How big is unit 1014?

649 sqft (60.3 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2011.

What is unit 1014 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 1014, Mayfair Residency

Starts from the last sale price (AED 928K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 927,702
Deposit, UAE resident (20%)
AED 185,540
Deposit, non-resident (40%)
AED 371,081
Monthly over 25 years at 3.7%
AED 3,796

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