1-bed · 614 sqftMayfair Residency, Business Bay · 14th floor · completed 2011

1401, Mayfair Residency

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 882K11 June 2009
Current rentAED 75K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Mayfair Residency

What is 1401 worth today?

Last sold for AED 882,465 in 2009

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1 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 122 per sqft
1 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
2 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
27 Oct 2016RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
11 Jun 2009Sold by developerOff-plan
AED 882,465AED 1,437 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
14th of 18
Parking
P2-26
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 882K · June 2009

About 1401, Mayfair Residency

1401 is a one-bedroom apartment of 614 sqft on the 14th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 11 June 2009 for AED 882,465, or AED 1,437 per sqft, 10% above the AED 1,306 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 75,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, June 2009: AED 882,465 (AED 1,437 per sqft)

1401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, 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, October 2016: AED 70,000 a yearNew contract, November 2020: AED 42,000 a yearNew contract, November 2024: AED 75,000 a yearRenewal, November 2025: AED 75,000 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 1401 sits

All 197 1-beds →

1401 last sold in June 2009 at AED 1,437 per sqft, 10% above what one-beds in Mayfair Residency were fetching at the time (AED 1,306). 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. 1401's AED 75,000 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 14th floor

All 212 units in Mayfair Residency
Value
14021-bedAED 710K · May 2023
14031-bedAED 530K · Jul 2020
14041-bedAED 887K · Apr 2014
14051-bedAED 550K · Nov 2019
14101-bedAED 650K · Feb 2022
14111-bedAED 887K · Apr 2014
14121-bedAED 890K · May 2024
1–7 of 9

1401, Mayfair Residency in numbers

  • Sold once: by Deyaar on 11 June 2009 for AED 882,465, or AED 1,437 per sqft.
  • Rented since October 2016 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2020 and recovered to AED 75,000 by November 2025.
  • At AED 75,000 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 9,900 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 1 November 2025.

Questions about 1401, Mayfair Residency

What did unit 1401 last sell for?

AED 882,465 on 11 June 2009, sold by the developer: AED 1,437 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 75,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since October 2016.

How big is unit 1401?

614 sqft (57.0 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2011.

What is unit 1401 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 1401, Mayfair Residency

Starts from the last sale price (AED 882K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 882,465
Deposit, UAE resident (20%)
AED 176,493
Deposit, non-resident (40%)
AED 352,986
Monthly over 25 years at 3.7%
AED 3,610

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