1-bed · 619 sqftMayfair Residency, Business Bay · 11th floor · completed 2011

1103, Mayfair Residency

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 780K17 May 2023
Current rentAED 65K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Mayfair Residency

What is 1103 worth today?

Last sold for AED 780,000 in 2023

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1 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
4 Nov 2024RentedNew contract
AED 94,000/yr24 months · AED 152 per sqft
17 May 2023Sold by developerReady
AED 780,000AED 1,260 per sqft
1 Dec 2019RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
6 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 89 per sqft
1 Oct 2017RentedNew contract
AED 65,000/yr12 months · AED 105 per sqft
17 Oct 2016RentedNew contract
AED 70,000/yr6 months · AED 113 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
11th of 18
Parking
P1-32
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 780K · May 2023

About 1103, Mayfair Residency

1103 is a one-bedroom apartment of 619 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 17 May 2023 for AED 780,000, or AED 1,260 per sqft, 32% above the AED 955 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 August 2026, is AED 65,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, May 2023: AED 780,000 (AED 1,260 per sqft)

1103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Mayfair Residency
50K75K100K2012201620202024Typical 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, October 2016: AED 70,000 a yearNew contract, October 2017: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearNew contract, December 2019: AED 48,000 a yearNew contract, November 2024: AED 94,000 a yearNew contract, August 2026: AED 65,000 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 1103 sits

All 197 1-beds →

1103 last sold in May 2023 at AED 1,260 per sqft, 32% above what one-beds in Mayfair Residency were fetching at the time (AED 955). 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. 1103's AED 65,000 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 11th floor

All 212 units in Mayfair Residency
Value
11011-bedAED 895K · May 2015
11021-bedAED 950K · Nov 2016
11041-bedAED 830K · Jul 2017
11051-bedAED 875K · Apr 2025
11061-bedAED 1.1M · Apr 2025
11071-bedAED 1.4M · Feb 2026
11081-bedAED 700K · Apr 2013
1–7 of 13

1103, Mayfair Residency in numbers

  • Sold once: by Deyaar on 17 May 2023 for AED 780,000, or AED 1,260 per sqft.
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2019 and recovered to AED 65,000 by August 2026.
  • At AED 65,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 10,000 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 August 2026.

Questions about 1103, Mayfair Residency

What did unit 1103 last sell for?

AED 780,000 on 17 May 2023, sold by the developer: AED 1,260 per sqft for 619 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 65,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2024, was AED 94,000; the unit has been rented since October 2016.

How big is unit 1103?

619 sqft (57.5 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.

What is unit 1103 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 1103, Mayfair Residency

Starts from the last sale price (AED 780K, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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