1-bed · 633 sqftMayfair Residency, Business Bay · 13th floor · completed 2011

1312, Mayfair Residency

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 6 April 2025
Last soldAED 910K26 July 2011
Current rentAED 73K /yr6 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Mayfair Residency

What is 1312 worth today?

Last sold for AED 910,000 in 2011

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6 Apr 2025RentedNew contract
AED 72,500/yr12 months · AED 115 per sqft
6 Apr 2025RentedNew contract
AED 72,500/yr12 months · AED 115 per sqft
6 Apr 2019RentedRenewal
AED 53,000/yr24 months · AED 83 per sqft
6 Apr 2018RentedNew contract
AED 65,000/yr12 months · AED 102 per sqft
26 Jul 2011SoldReady
AED 910,000AED 1,437 per sqft
10 May 2010Sold by developerOff-plan
AED 855,000AED 1,350 per sqft

Source: Dubai Land Department. Updated 6 April 2025.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
13th of 18
Parking
B2-63
Developer
Deyaar
Completed
2011
Service charge
AED 10,300 /yr
Last sold
AED 910K · July 2011

About 1312, Mayfair Residency

1312 is a one-bedroom apartment of 633 sqft on the 13th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 26 July 2011 for AED 910,000, or AED 1,437 per sqft, 17% above the AED 1,230 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 6 April 2025, is AED 72,500 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, 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, May 2010: AED 855,000 (AED 1,350 per sqft)Sold, July 2011: AED 910,000 (AED 1,437 per sqft)

1312 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1312, 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, April 2018: AED 65,000 a yearRenewal, April 2019: AED 53,000 a yearNew contract, April 2025: AED 72,500 a yearNew contract, April 2025: AED 72,500 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 1312 sits

All 197 1-beds →

1312 last sold in July 2011 at AED 1,437 per sqft, 17% above what one-beds in Mayfair Residency were fetching at the time (AED 1,230). 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. 1312's AED 72,500 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 13th floor

All 212 units in Mayfair Residency
Value
13011-bedAED 840K · Oct 2023
13021-bedAED 900K · Apr 2018
13031-bedAED 830K · Feb 2024
13041-bedAED 395K · Nov 2017
13051-bedAED 700K · Mar 2016
13101-bedAED 850K · May 2016
13111-bedAED 830K · Nov 2017
1–7 of 9

1312, Mayfair Residency in numbers

  • Sold twice: first on 10 May 2010 for AED 855,000, last on 26 July 2011 for AED 910,000 (AED 1,437 per sqft).
  • Rented since April 2018 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 53,000 in 2019 and recovered to AED 72,500 by April 2025.
  • At AED 72,500 a year the gross yield on the 2011 price is 8.0%, 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 6 April 2025.

Questions about 1312, Mayfair Residency

What did unit 1312 last sell for?

AED 910,000 on 26 July 2011: AED 1,437 per sqft for 633 sqft. The unit has 2 registered sales; the first was AED 855,000 in May 2010.

What is the rent for unit 1312?

AED 72,500 a year on the contract signed on 6 April 2025. The previous contract, from April 2025, was AED 72,500; the unit has been rented since April 2018.

How big is unit 1312?

633 sqft (58.8 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2011.

What is unit 1312 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 1312, Mayfair Residency

Starts from the last sale price (AED 910K, 26 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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