1-bed · 955 sqftMayfair Residency, Business Bay · 1st floor · completed 2011

114, Mayfair Residency

Sold prices and rental history: sold 6 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 1.05M8 October 2024
Current rentAED 87K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Mayfair Residency

What is 114 worth today?

Last sold for AED 1,050,000 in 2024

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20 Sep 2025RentedNew contract
AED 87,000/yr12 months · AED 91 per sqft
8 Oct 2024SoldReady
AED 1,050,000AED 1,099 per sqft
10 Nov 2023RentedRenewal
AED 55,200/yr12 months · AED 58 per sqft
10 Nov 2022RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
10 Nov 2021RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
10 Nov 2020RentedRenewal
AED 45,000/yr12 months · AED 47 per sqft
10 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
1 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
1st of 18
Parking
B2-57
Developer
Deyaar
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 1.05M · October 2024

About 114, Mayfair Residency

114 is a one-bedroom apartment of 955 sqft on the 1st floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 October 2024 for AED 1,050,000, or AED 1,099 per sqft, 12% below the AED 1,253 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 September 2025, is AED 87,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, February 2010: AED 600,000 (AED 628 per sqft)Sold, February 2010: AED 600,000 (AED 628 per sqft)Sold, June 2014: AED 928,541 (AED 971 per sqft)Sold, January 2015: AED 950,000 (AED 994 per sqft)Sold, November 2016: AED 950,000 (AED 994 per sqft)Sold, October 2024: AED 1,050,000 (AED 1,099 per sqft)

114 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 114, each contractTypical one-bed in Mayfair Residency
50K100K2012201620202024Typical 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, February 2015: AED 100,000 a yearNew contract, August 2016: AED 85,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, November 2020: AED 45,000 a yearRenewal, November 2021: AED 48,000 a yearRenewal, November 2022: AED 48,000 a yearRenewal, November 2023: AED 55,200 a yearNew contract, September 2025: AED 87,000 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 114 sits

All 197 1-beds →

114 last sold in October 2024 at AED 1,099 per sqft, 12% 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. 114's AED 87,000 is in the upper 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
1021-bedAED 1.06M · Jun 2024
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
1–7 of 13

114, Mayfair Residency in numbers

  • Sold 6 times: first on 1 February 2010 for AED 600,000, last on 8 October 2024 for AED 1,050,000 (AED 1,099 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 45,000 in 2020 and recovered to AED 87,000 by September 2025.
  • At AED 87,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 15,500 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 20 September 2025.

Questions about 114, Mayfair Residency

What did unit 114 last sell for?

AED 1,050,000 on 8 October 2024: AED 1,099 per sqft for 955 sqft. The unit has 6 registered sales; the first was AED 600,000 in February 2010.

What is the rent for unit 114?

AED 87,000 a year on the contract signed on 20 September 2025. The previous contract, from November 2023, was AED 55,200; the unit has been rented since February 2015.

How big is unit 114?

955 sqft (88.7 sqm): a one-bedroom apartment on the 1st floor of a 18-storey tower completed in 2011.

What is unit 114 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 114, Mayfair Residency

Starts from the last sale price (AED 1.05M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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