1101, Mayfair Residency
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Mayfair Residency
What is 1101 worth today?
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Source: Dubai Land Department. Updated 24 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 11th of 18
- Parking
- B2-71
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 895K · May 2015
- Building
- Mayfair Residency
About 1101, Mayfair Residency
1101 is a one-bedroom apartment of 614 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 7 May 2015 for AED 895,494, or AED 1,459 per sqft, in line with the AED 1,466 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 24 August 2022, is AED 55,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1101 over time
1101 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 1101 sits
All 197 1-beds →1101 last sold in May 2015 at AED 1,459 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,466). 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. 1101'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 11th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 1-bed | 780 sqft | AED 950KAED 950,000 · Nov 2016November 2016 | 70,000 /yr | |
| 1103 | 1-bed | 619 sqft | AED 780KAED 780,000 · May 2023May 2023 | 65,000 /yr | |
| 1104 | 1-bed | 596 sqft | AED 830KAED 830,000 · Jul 2017July 2017 | 67,000 /yr | |
| 1105 | 1-bed | 605 sqft | AED 875KAED 875,000 · Apr 2025April 2025 | 56,166 /yr | |
| 1106 | 1-bed | 859 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1107 | 1-bed | 614 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 70,000 /yr | |
| 1108 | 1-bed | 644 sqft | AED 700KAED 700,000 · Apr 2013April 2013 | 62,000 /yr | |
| 1109 | 1-bed | 832 sqft | AED 1.02MAED 1,024,242 · Jul 2011July 2011 | 75,000 /yr | |
| 1110 | 1-bed | 623 sqft | AED 814KAED 814,204 · Jun 2015June 2015 | 65,000 /yr | |
| 1111 | 1-bed | 596 sqft | AED 782KAED 781,500 · Jan 2014January 2014 | 57,000 /yr | |
| 1112 | 1-bed | 633 sqft | AED 1MAED 1,000,000 · Jan 2015January 2015 | 70,000 /yr | |
| 1113 | 1-bed | 752 sqft | AED 1.1MAED 1,100,000 · Nov 2014November 2014 | 70,000 /yr | |
| 1114 | 1-bed | 649 sqft | AED 690KAED 690,000 · Apr 2022April 2022 | 72,000 /yr |
1101, Mayfair Residency in numbers
- Sold once: by Deyaar on 7 May 2015 for AED 895,494, or AED 1,459 per sqft.
- Rented since August 2015 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 55,000 by August 2022.
- At AED 55,000 a year the gross yield on the 2015 price is 6.1%, 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 24 August 2022.
Questions about 1101, Mayfair Residency
What did unit 1101 last sell for?
AED 895,494 on 7 May 2015, sold by the developer: AED 1,459 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 1101?
AED 55,000 a year on the contract signed on 24 August 2022. The previous contract, from July 2020, was AED 45,000; the unit has been rented since August 2015.
How big is unit 1101?
614 sqft (57.0 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.
What is unit 1101 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 1101, Mayfair Residency
Starts from the last sale price (AED 895K, 7 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 895,494
- Deposit, UAE resident (20%)
- AED 179,099
- Deposit, non-resident (40%)
- AED 358,198
- Monthly over 25 years at 3.7%
- AED 3,664
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →