1-bed · 614 sqftMayfair Residency, Business Bay · 12th floor · completed 2011

1201, Mayfair Residency

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 3 November 2026
Last soldAED 489K20 January 2013
Current rentAED 65K /yr3 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Mayfair Residency

What is 1201 worth today?

Last sold for AED 489,073 in 2013

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3 Nov 2026RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
23 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
19 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
19 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
20 Jan 2013Sold by developerReady
AED 489,073AED 796 per sqft

Source: Dubai Land Department. Updated 3 November 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
12th of 18
Parking
B1-36
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 489K · January 2013

About 1201, Mayfair Residency

1201 is a one-bedroom apartment of 614 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 20 January 2013 for AED 489,073, or AED 796 per sqft, 40% below the AED 1,316 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 3 November 2026, is AED 65,000 a year: a gross yield of 13.3% on the 2013 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, January 2013: AED 489,073 (AED 796 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, 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, October 2020: AED 40,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, October 2025: AED 70,000 a yearNew contract, November 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 1201 sits

All 197 1-beds →

1201 last sold in January 2013 at AED 796 per sqft, 40% below what one-beds in Mayfair Residency were fetching at the time (AED 1,316). 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. 1201'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 12th floor

All 212 units in Mayfair Residency
Value
12021-bedAED 1.14M · Jan 2013
12031-bedAED 730K · Dec 2022
12041-bedAED 850K · Jan 2017
12051-bedAED 909K · Mar 2014
12061-bedAED 930K · Oct 2016
12071-bedAED 750K · Nov 2018
12081-bedAED 800K · Oct 2017
1–7 of 13

1201, Mayfair Residency in numbers

  • Sold once: by Deyaar on 20 January 2013 for AED 489,073, or AED 796 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 40,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2013 price is 13.3%, 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 3 November 2026.

Questions about 1201, Mayfair Residency

What did unit 1201 last sell for?

AED 489,073 on 20 January 2013, sold by the developer: AED 796 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 65,000 a year on the contract signed on 3 November 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since October 2020.

How big is unit 1201?

614 sqft (57.0 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.

What is unit 1201 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 1201, Mayfair Residency

Starts from the last sale price (AED 489K, 20 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 489,073
Deposit, UAE resident (20%)
AED 97,815
Deposit, non-resident (40%)
AED 195,629
Monthly over 25 years at 3.7%
AED 2,001

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