1-bed · 619 sqftMayfair Residency, Business Bay · 13th floor · completed 2011

1303, Mayfair Residency

Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 830K12 February 2024
Current rentAED 70K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Mayfair Residency

What is 1303 worth today?

Last sold for AED 830,000 in 2024

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5 Oct 2026RentedNew contract
AED 70,000/yr12 months · AED 113 per sqft
23 Sep 2025RentedNew contract
AED 95,000/yr12 months · AED 154 per sqft
13 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
12 Feb 2024SoldReady
AED 830,000AED 1,341 per sqft
1 Aug 2021SoldReady
AED 550,000AED 888 per sqft
16 Jun 2020RentedNew contract
AED 44,000/yr12 months · AED 72 per sqft
1 May 2019RentedNew contract
AED 53,000/yr12 months · AED 86 per sqft
20 Apr 2018RentedNew contract
AED 63,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
13th of 18
Parking
B2-76
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 830K · February 2024

About 1303, Mayfair Residency

1303 is a one-bedroom apartment of 619 sqft on the 13th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 February 2024 for AED 830,000, or AED 1,341 per sqft, 13% above the AED 1,191 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 October 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, May 2010: AED 878,323 (AED 1,419 per sqft)Sold, November 2011: AED 466,662 (AED 754 per sqft)Sold, April 2013: AED 675,000 (AED 1,090 per sqft)Sold, August 2021: AED 550,000 (AED 888 per sqft)Sold, February 2024: AED 830,000 (AED 1,341 per sqft)

1303 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Mayfair Residency
50K75K100K2012201620202024Typical 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 2014: AED 80,000 a yearNew contract, April 2015: AED 75,000 a yearNew contract, April 2018: AED 63,000 a yearNew contract, May 2019: AED 53,000 a yearNew contract, June 2020: AED 44,000 a yearNew contract, February 2024: AED 70,000 a yearNew contract, September 2025: AED 95,000 a yearNew contract, October 2026: AED 70,000 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 1303 sits

All 197 1-beds →

1303 last sold in February 2024 at AED 1,341 per sqft, 13% above what one-beds in Mayfair Residency were fetching at the time (AED 1,191). 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. 1303's AED 70,000 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 13th floor

All 212 units in Mayfair Residency
Value
13011-bedAED 840K · Oct 2023
13021-bedAED 900K · Apr 2018
13041-bedAED 395K · Nov 2017
13051-bedAED 700K · Mar 2016
13101-bedAED 850K · May 2016
13111-bedAED 830K · Nov 2017
13121-bedAED 910K · Jul 2011
1–7 of 9

1303, Mayfair Residency in numbers

  • Sold 5 times: first on 10 May 2010 for AED 878,323, last on 12 February 2024 for AED 830,000 (AED 1,341 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 44,000 in 2020 and recovered to AED 70,000 by October 2026.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 10,000 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 5 October 2026.

Questions about 1303, Mayfair Residency

What did unit 1303 last sell for?

AED 830,000 on 12 February 2024: AED 1,341 per sqft for 619 sqft. The unit has 5 registered sales; the first was AED 878,323 in May 2010.

What is the rent for unit 1303?

AED 70,000 a year on the contract signed on 5 October 2026. The previous contract, from September 2025, was AED 95,000; the unit has been rented since April 2014.

How big is unit 1303?

619 sqft (57.5 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2011.

What is unit 1303 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 1303, Mayfair Residency

Starts from the last sale price (AED 830K, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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