1412, Mayfair Residency
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1412, Mayfair Residency
What is 1412 worth today?
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Source: Dubai Land Department. Updated 11 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 14th of 18
- Parking
- P1-19
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,300 /yr
- Last sold
- AED 890K · May 2024
- Building
- Mayfair Residency
About 1412, Mayfair Residency
1412 is a one-bedroom apartment of 633 sqft on the 14th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 May 2024 for AED 890,000, or AED 1,405 per sqft, 15% above the AED 1,220 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 11 July 2026, is AED 80,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 10,300 a year.
Sales and rents for 1412 over time
1412 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1412 sits
All 197 1-beds →1412 last sold in May 2024 at AED 1,405 per sqft, 15% above what one-beds in Mayfair Residency were fetching at the time (AED 1,220). 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. 1412's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 298 sqft | 400,000 | 1,342 | ||
| 12 Aug 202612 August 2026 | 416 sqft | 540,199 | 1,297 | ||
| 12 Aug 202612 August 2026 | 324 sqft | 450,000 | 1,387 | ||
| 12 Aug 202612 August 2026 | 376 sqft | 500,000 | 1,330 |
Mayfair Residency
Building212 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%
Other units on the 14th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 614 sqft | AED 882KAED 882,465 · Jun 2009June 2009 | 75,000 /yr | |
| 1402 | 1-bed | 780 sqft | AED 710KAED 710,000 · May 2023May 2023 | 46,000 /yr | |
| 1403 | 1-bed | 619 sqft | AED 530KAED 530,000 · Jul 2020July 2020 | 80,000 /yr | |
| 1404 | 1-bed | 596 sqft | AED 887KAED 886,860 · Apr 2014April 2014 | 75,000 /yr | |
| 1405 | 1-bed | 621 sqft | AED 550KAED 550,000 · Nov 2019November 2019 | 95,000 /yr | |
| 1410 | 1-bed | 625 sqft | AED 650KAED 650,000 · Feb 2022February 2022 | 60,000 /yr | |
| 1411 | 1-bed | 596 sqft | AED 887KAED 886,860 · Apr 2014April 2014 | 68,000 /yr | |
| 1413 | 1-bed | 752 sqft | AED 900KAED 900,000 · Oct 2023October 2023 | 70,000 /yr | |
| 1414 | 1-bed | 649 sqft | AED 580KAED 580,000 · Aug 2020August 2020 | 70,000 /yr |
1412, Mayfair Residency in numbers
- Sold 3 times: first on 28 January 2014 for AED 999,825, last on 13 May 2024 for AED 890,000 (AED 1,405 per sqft).
- Rented since October 2017 on 11 Ejari contracts. The rent fell from AED 66,000 to AED 50,000 in 2019 and recovered to AED 80,000 by July 2026.
- At AED 80,000 a year the gross yield on the 2024 price is 9.0%, 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 11 July 2026.
Questions about 1412, Mayfair Residency
What did unit 1412 last sell for?
AED 890,000 on 13 May 2024: AED 1,405 per sqft for 633 sqft. The unit has 3 registered sales; the first was AED 999,825 in January 2014.
What is the rent for unit 1412?
AED 80,000 a year on the contract renewed on 11 July 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since October 2017.
How big is unit 1412?
633 sqft (58.8 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2011.
What is unit 1412 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 1412, Mayfair Residency
Starts from the last sale price (AED 890K, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →