1-bed · 644 sqftMayfair Residency, Business Bay · 11th floor · completed 2011

1108, Mayfair Residency

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 700K25 April 2013
Current rentAED 62K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Mayfair Residency

What is 1108 worth today?

Last sold for AED 700,000 in 2013

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7 Oct 2026RentedNew contract
AED 62,000/yr12 months · AED 96 per sqft
5 Aug 2025RentedRenewal
AED 70,000/yr12 months · AED 108 per sqft
5 Aug 2024RentedRenewal
AED 70,000/yr12 months · AED 110 per sqft
5 Aug 2024RentedRenewal
AED 70,000/yr12 months · AED 108 per sqft
5 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
10 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft
3 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
3 Jul 2019RentedRenewal
AED 57,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
11th of 18
Parking
B2-15
Developer
Deyaar
Completed
2011
Service charge
AED 10,400 /yr
Last sold
AED 700K · April 2013

About 1108, Mayfair Residency

1108 is a one-bedroom apartment of 644 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 25 April 2013 for AED 700,000, or AED 1,087 per sqft, 7% below the AED 1,164 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 7 October 2026, is AED 62,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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 828,571 (AED 1,287 per sqft)Sold, April 2013: AED 700,000 (AED 1,087 per sqft)Sold, April 2013: AED 903,572 (AED 1,403 per sqft)

1108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, 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, April 2015: AED 78,200 a yearRenewal, April 2016: AED 77,896 a yearRenewal, July 2016: AED 70,000 a yearRenewal, July 2017: AED 70,000 a yearRenewal, July 2018: AED 70,000 a yearRenewal, July 2019: AED 57,000 a yearRenewal, July 2020: AED 50,000 a yearNew contract, July 2022: AED 60,000 a yearNew contract, August 2023: AED 70,000 a yearRenewal, August 2024: AED 70,000 a yearRenewal, August 2024: AED 70,000 a yearRenewal, August 2025: AED 70,000 a yearNew contract, October 2026: AED 62,000 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 1108 sits

All 197 1-beds →

1108 last sold in April 2013 at AED 1,087 per sqft, 7% below what one-beds in Mayfair Residency were fetching at the time (AED 1,164). 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. 1108's AED 62,000 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
11031-bedAED 780K · May 2023
11041-bedAED 830K · Jul 2017
11051-bedAED 875K · Apr 2025
11061-bedAED 1.1M · Apr 2025
11071-bedAED 1.4M · Feb 2026
1–7 of 13

1108, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 828,571, last on 25 April 2013 for AED 700,000 (AED 1,087 per sqft).
  • Rented since April 2015 on 13 Ejari contracts. The rent fell from AED 78,200 to AED 50,000 in 2020 and recovered to AED 62,000 by October 2026.
  • At AED 62,000 a year the gross yield on the 2013 price is 8.9%, before a service charge of about AED 10,400 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 7 October 2026.

Questions about 1108, Mayfair Residency

What did unit 1108 last sell for?

AED 700,000 on 25 April 2013: AED 1,087 per sqft for 644 sqft. The unit has 3 registered sales; the first was AED 828,571 in June 2009.

What is the rent for unit 1108?

AED 62,000 a year on the contract signed on 7 October 2026. The previous contract, from August 2025, was AED 70,000; the unit has been rented since April 2015.

How big is unit 1108?

644 sqft (59.8 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.

What is unit 1108 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 1108, Mayfair Residency

Starts from the last sale price (AED 700K, 25 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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