1-bed · 752 sqftMayfair Residency, Business Bay · 14th floor · completed 2011

1413, Mayfair Residency

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1413 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 900K10 October 2023
Current rentAED 70K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1413, Mayfair Residency

What is 1413 worth today?

Last sold for AED 900,000 in 2023

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30 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
10 Oct 2023SoldReady
AED 900,000AED 1,197 per sqft
15 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
17 Apr 2018SoldReady
AED 900,000AED 1,197 per sqft
24 Sep 2013SoldReady
AED 529,873AED 704 per sqft
18 Oct 2009Sold by developerOff-plan
AED 522,373AED 694 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
14th of 18
Parking
P2-23
Developer
Deyaar
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 900K · October 2023

About 1413, Mayfair Residency

1413 is a one-bedroom apartment of 752 sqft on the 14th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 10 October 2023 for AED 900,000, or AED 1,197 per sqft, 17% above the AED 1,025 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 30 November 2024, is AED 70,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1413 over time

Sales
Unit 1413, 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, October 2009: AED 522,373 (AED 694 per sqft)Sold, September 2013: AED 529,873 (AED 704 per sqft)Sold, April 2018: AED 900,000 (AED 1,197 per sqft)Sold, October 2023: AED 900,000 (AED 1,197 per sqft)

1413 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1413, 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, February 2019: AED 60,000 a yearNew contract, November 2024: 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 1413 sits

All 197 1-beds →

1413 last sold in October 2023 at AED 1,197 per sqft, 17% above what one-beds in Mayfair Residency were fetching at the time (AED 1,025). 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. 1413'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 14th floor

All 212 units in Mayfair Residency
Value
14011-bedAED 882K · Jun 2009
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
1–7 of 9

1413, Mayfair Residency in numbers

  • Sold 4 times: first on 18 October 2009 for AED 522,373, last on 10 October 2023 for AED 900,000 (AED 1,197 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 60,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 12,200 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 30 November 2024.

Questions about 1413, Mayfair Residency

What did unit 1413 last sell for?

AED 900,000 on 10 October 2023: AED 1,197 per sqft for 752 sqft. The unit has 4 registered sales; the first was AED 522,373 in October 2009.

What is the rent for unit 1413?

AED 70,000 a year on the contract signed on 30 November 2024. The previous contract, from February 2019, was AED 60,000.

How big is unit 1413?

752 sqft (69.9 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2011.

What is unit 1413 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 1413, Mayfair Residency

Starts from the last sale price (AED 900K, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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