1-bed · 633 sqftMayfair Residency, Business Bay · 12th floor · completed 2011

1212, Mayfair Residency

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 945K11 February 2026
Current rentAED 54K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Mayfair Residency

What is 1212 worth today?

Last sold for AED 945,000 in 2026

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11 Feb 2026SoldReady
AED 945,000AED 1,492 per sqft
21 Nov 2024RentedNew contract
AED 53,500/yr12 months · AED 84 per sqft
21 Nov 2024RentedNew contract
AED 53,500/yr12 months · AED 84 per sqft
1 Nov 2022SoldReady
AED 610,000AED 963 per sqft
22 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 102 per sqft
26 Sep 2015RentedNew contract
AED 70,000/yr12 months · AED 110 per sqft
2 Apr 2014Sold by developerReady
AED 949,092AED 1,499 per sqft
15 Sep 2013RentedNew contract
AED 50,600/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
12th of 18
Parking
P2-22
Developer
Deyaar
Completed
2011
Service charge
AED 10,300 /yr
Last sold
AED 945K · February 2026

About 1212, Mayfair Residency

1212 is a one-bedroom apartment of 633 sqft on the 12th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 February 2026 for AED 945,000, or AED 1,492 per sqft, in line with the AED 1,465 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 21 November 2024, is AED 53,500 a year: a gross yield of 5.7% on the 2026 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, April 2014: AED 949,092 (AED 1,499 per sqft)Sold, November 2022: AED 610,000 (AED 963 per sqft)Sold, February 2026: AED 945,000 (AED 1,492 per sqft)

1212 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, 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, September 2013: AED 50,600 a yearNew contract, September 2015: AED 70,000 a yearNew contract, November 2017: AED 65,000 a yearNew contract, November 2024: AED 53,500 a yearNew contract, November 2024: AED 53,500 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 1212 sits

All 197 1-beds →

1212 last sold in February 2026 at AED 1,492 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,465). 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. 1212's AED 53,500 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

1212, Mayfair Residency in numbers

  • Sold 3 times: first on 2 April 2014 for AED 949,092, last on 11 February 2026 for AED 945,000 (AED 1,492 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 50,600 to AED 53,500 a year.
  • At AED 53,500 a year the gross yield on the 2026 price is 5.7%, before a service charge of about AED 10,300 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 11 February 2026.

Questions about 1212, Mayfair Residency

What did unit 1212 last sell for?

AED 945,000 on 11 February 2026: AED 1,492 per sqft for 633 sqft. The unit has 3 registered sales; the first was AED 949,092 in April 2014.

What is the rent for unit 1212?

AED 53,500 a year on the contract signed on 21 November 2024. The previous contract, from November 2024, was AED 53,500; the unit has been rented since September 2013.

How big is unit 1212?

633 sqft (58.8 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2011.

What is unit 1212 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 1212, Mayfair Residency

Starts from the last sale price (AED 945K, 11 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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