1-bed · 1,036 sqftMayfair Residency, Business Bay · 1st floor · completed 2011

102, Mayfair Residency

Sold prices and rental history: sold once, by the developer in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.06M4 June 2024
Current rentAED 64K /yr13 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Mayfair Residency

What is 102 worth today?

Last sold for AED 1,055,513 in 2024

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4 Jun 2024Sold by developerReady
AED 1,055,513AED 1,018 per sqft
13 Feb 2024RentedRenewal
AED 63,500/yr3 months · AED 61 per sqft
13 Feb 2023RentedNew contract
AED 57,500/yr12 months · AED 55 per sqft
13 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
13 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
13 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
13 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
19 Jan 2015RentedRenewal
AED 69,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
1st of 18
Parking
B2-37
Developer
Deyaar
Completed
2011
Service charge
AED 16,800 /yr
Last sold
AED 1.06M · June 2024

About 102, Mayfair Residency

102 is a one-bedroom apartment of 1,036 sqft on the 1st floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 4 June 2024 for AED 1,055,513, or AED 1,018 per sqft, 19% below the AED 1,253 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 13 February 2024, is AED 63,500 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 16,800 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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 2024: AED 1,055,513 (AED 1,018 per sqft)

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

Rents
Unit 102, 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, January 2014: AED 60,000 a yearRenewal, January 2015: AED 69,000 a yearNew contract, February 2019: AED 55,000 a yearNew contract, February 2020: AED 55,000 a yearNew contract, February 2021: AED 45,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, February 2023: AED 57,500 a yearRenewal, February 2024: AED 63,500 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 102 sits

All 197 1-beds →

102 last sold in June 2024 at AED 1,018 per sqft, 19% below what one-beds in Mayfair Residency were fetching at the time (AED 1,253). 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. 102's AED 63,500 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 1st floor

All 212 units in Mayfair Residency
Value
1011-bedAED 1.01M · Dec 2012
1031-bedAED 670K · Apr 2021
1041-bedAED 580K · Oct 2020
1051-bedAED 909K · Dec 2013
1061-bedAED 1M · Feb 2026
1071-bedAED 675K · Mar 2013
1081-bedAED 950K · Apr 2026
1–7 of 13

102, Mayfair Residency in numbers

  • Sold once: by Deyaar on 4 June 2024 for AED 1,055,513, or AED 1,018 per sqft.
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 63,500 by February 2024.
  • At AED 63,500 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 16,800 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 4 June 2024.

Questions about 102, Mayfair Residency

What did unit 102 last sell for?

AED 1,055,513 on 4 June 2024, sold by the developer: AED 1,018 per sqft for 1,036 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 63,500 a year on the contract renewed on 13 February 2024. The previous contract, from February 2023, was AED 57,500; the unit has been rented since January 2014.

How big is unit 102?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 1st floor of a 18-storey tower completed in 2011.

What is unit 102 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 102, Mayfair Residency

Starts from the last sale price (AED 1.06M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,055,513
Deposit, UAE resident (20%)
AED 211,103
Deposit, non-resident (40%)
AED 422,205
Monthly over 25 years at 3.7%
AED 4,318

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