1113, Mayfair Residency
Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1113, Mayfair Residency
What is 1113 worth today?
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Source: Dubai Land Department. Updated 25 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 752 sqft
- Floor
- 11th of 18
- Parking
- B2-20
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 1.1M · November 2014
- Building
- Mayfair Residency
About 1113, Mayfair Residency
1113 is a one-bedroom apartment of 752 sqft on the 11th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 23 November 2014 for AED 1,100,000, or AED 1,463 per sqft, in line with the AED 1,442 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 25 October 2023, is AED 70,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 1113 over time
1113 has sold 3 times; 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 1113 sits
All 197 1-beds →1113 last sold in November 2014 at AED 1,463 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,442). 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. 1113's AED 70,000 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 | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 614 sqft | AED 895KAED 895,494 · May 2015May 2015 | 55,000 /yr | |
| 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 | |
| 1114 | 1-bed | 649 sqft | AED 690KAED 690,000 · Apr 2022April 2022 | 72,000 /yr |
1113, Mayfair Residency in numbers
- Sold 3 times: first on 11 June 2009 for AED 1,033,004, last on 23 November 2014 for AED 1,100,000 (AED 1,463 per sqft).
- Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2020 and recovered to AED 70,000 by October 2023.
- At AED 70,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 12,200 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 25 October 2023.
Questions about 1113, Mayfair Residency
What did unit 1113 last sell for?
AED 1,100,000 on 23 November 2014: AED 1,463 per sqft for 752 sqft. The unit has 3 registered sales; the first was AED 1,033,004 in June 2009.
What is the rent for unit 1113?
AED 70,000 a year on the contract signed on 25 October 2023. The previous contract, from September 2022, was AED 55,000; the unit has been rented since April 2016.
How big is unit 1113?
752 sqft (69.9 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2011.
What is unit 1113 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 1113, Mayfair Residency
Starts from the last sale price (AED 1.1M, 23 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →