1-bed · 859 sqftMayfair Residency, Business Bay · 12th floor · completed 2011

1206, Mayfair Residency

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 930K19 October 2016
Current rentAED 90K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Mayfair Residency

What is 1206 worth today?

Last sold for AED 930,000 in 2016

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15 Jan 2026RentedNew contract
AED 89,759/yr12 months · AED 104 per sqft
4 Jun 2025RentedRenewal
AED 78,000/yr6 months · AED 91 per sqft
4 Jun 2025RentedRenewal
AED 78,000/yr6 months · AED 91 per sqft
4 Jun 2024RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
4 Jun 2023RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft
19 Oct 2016SoldReady
AED 930,000AED 1,082 per sqft
7 Apr 2015RentedNew contract
AED 54,180/yr12 months · AED 63 per sqft
12 May 2014SoldReady
AED 1,120,836AED 1,304 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
12th of 18
Parking
B1-44
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 930K · October 2016

About 1206, Mayfair Residency

1206 is a one-bedroom apartment of 859 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 19 October 2016 for AED 930,000, or AED 1,082 per sqft, 20% below the AED 1,354 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 January 2026, is AED 89,759 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Mayfair Residency
500K1M2009201420192024Typical 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 1,070,836 (AED 1,246 per sqft)Sold, May 2014: AED 1,120,836 (AED 1,304 per sqft)Sold, October 2016: AED 930,000 (AED 1,082 per sqft)

1206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Mayfair Residency
50K75K2012201620202024Typical 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 54,180 a yearNew contract, June 2023: AED 72,000 a yearNew contract, June 2024: AED 75,000 a yearRenewal, June 2025: AED 78,000 a yearRenewal, June 2025: AED 78,000 a yearNew contract, January 2026: AED 89,759 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 1206 sits

All 197 1-beds →

1206 last sold in October 2016 at AED 1,082 per sqft, 20% below what one-beds in Mayfair Residency were fetching at the time (AED 1,354). 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. 1206's AED 89,759 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 12th floor

All 212 units in Mayfair Residency
Value
12011-bedAED 489K · Jan 2013
12021-bedAED 1.14M · Jan 2013
12031-bedAED 730K · Dec 2022
12041-bedAED 850K · Jan 2017
12051-bedAED 909K · Mar 2014
12071-bedAED 750K · Nov 2018
12081-bedAED 800K · Oct 2017
1–7 of 13

1206, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 1,070,836, last on 19 October 2016 for AED 930,000 (AED 1,082 per sqft).
  • Rented since April 2015 on 6 Ejari contracts, from AED 54,180 to AED 89,759 a year.
  • At AED 89,759 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 13,900 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 15 January 2026.

Questions about 1206, Mayfair Residency

What did unit 1206 last sell for?

AED 930,000 on 19 October 2016: AED 1,082 per sqft for 859 sqft. The unit has 3 registered sales; the first was AED 1,070,836 in June 2009.

What is the rent for unit 1206?

AED 89,759 a year on the contract signed on 15 January 2026. The previous contract, from June 2025, was AED 78,000; the unit has been rented since April 2015.

How big is unit 1206?

859 sqft (79.8 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.

What is unit 1206 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 1206, Mayfair Residency

Starts from the last sale price (AED 930K, 19 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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