1-bed · 596 sqftMayfair Residency, Business Bay · 12th floor · completed 2011

1211, Mayfair Residency

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 387K26 December 2012
Current rentAED 60K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Mayfair Residency

What is 1211 worth today?

Last sold for AED 386,570 in 2012

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7 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
1 Nov 2025RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
12 Oct 2024RentedRenewal
AED 57,500/yr12 months · AED 97 per sqft
12 Oct 2023RentedRenewal
AED 57,500/yr12 months · AED 97 per sqft
12 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
5 Sep 2018RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
5 Aug 2017RentedRenewal
AED 72,000/yr12 months · AED 122 per sqft
5 Aug 2016RentedNew contract
AED 72,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
12th of 18
Parking
B2-54
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 387K · December 2012

About 1211, Mayfair Residency

1211 is a one-bedroom apartment of 596 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 26 December 2012 for AED 386,570, or AED 648 per sqft, 50% below the AED 1,307 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 August 2026, is AED 60,000 a year: a gross yield of 15.5% on the 2012 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1211 over time

Sales
Unit 1211, 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, August 2009: AED 386,569 (AED 648 per sqft)Sold, December 2012: AED 386,570 (AED 648 per sqft)

1211 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1211, 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, July 2014: AED 75,000 a yearNew contract, August 2016: AED 72,000 a yearRenewal, August 2017: AED 72,000 a yearNew contract, September 2018: AED 55,000 a yearNew contract, October 2022: AED 50,000 a yearRenewal, October 2023: AED 57,500 a yearRenewal, October 2024: AED 57,500 a yearNew contract, November 2025: AED 70,000 a yearNew contract, August 2026: AED 60,000 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 1211 sits

All 197 1-beds →

1211 last sold in December 2012 at AED 648 per sqft, 50% below what one-beds in Mayfair Residency were fetching at the time (AED 1,307). 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. 1211's AED 60,000 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
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
12061-bedAED 930K · Oct 2016
12071-bedAED 750K · Nov 2018
1–7 of 13

1211, Mayfair Residency in numbers

  • Sold twice: first on 5 August 2009 for AED 386,569, last on 26 December 2012 for AED 386,570 (AED 648 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2012 price is 15.5%, before a service charge of about AED 9,700 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 August 2026.

Questions about 1211, Mayfair Residency

What did unit 1211 last sell for?

AED 386,570 on 26 December 2012: AED 648 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 386,569 in August 2009.

What is the rent for unit 1211?

AED 60,000 a year on the contract signed on 7 August 2026. The previous contract, from November 2025, was AED 70,000; the unit has been rented since July 2014.

How big is unit 1211?

596 sqft (55.4 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.

What is unit 1211 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 1211, Mayfair Residency

Starts from the last sale price (AED 387K, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 386,570
Deposit, UAE resident (20%)
AED 77,314
Deposit, non-resident (40%)
AED 154,628
Monthly over 25 years at 3.7%
AED 1,582

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