3-bed · 1,238 sqftMayfair Residency, Business Bay · 17th floor · completed 2011

1703, Mayfair Residency

Sold prices and rental history: sold 3 times, last in May 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 15 November 2026
Last soldAED 2.2M14 May 2026
Current rentAED 110K /yr15 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Mayfair Residency

What is 1703 worth today?

Last sold for AED 2,200,000 in 2026

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15 Nov 2026RentedNew contract
AED 110,000/yr12 months · AED 89 per sqft
14 May 2026SoldReady
AED 2,200,000AED 1,777 per sqft
22 Jul 2025SoldReady
AED 1,700,000AED 1,373 per sqft
18 Jan 2024RentedRenewal
AED 82,280/yr12 months · AED 66 per sqft
18 Jan 2023RentedRenewal
AED 74,800/yr12 months · AED 60 per sqft
18 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 55 per sqft
18 Jan 2021RentedRenewal
AED 68,000/yr12 months · AED 55 per sqft
18 Jan 2020RentedRenewal
AED 68,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 15 November 2026.

Key facts

Type
3-bed apartment
Size
1,238 sqft
Floor
17th of 18
Parking
B2-33,P2-36
Developer
Deyaar
Completed
2011
Service charge
AED 20,100 /yr
Last sold
AED 2.2M · May 2026

About 1703, Mayfair Residency

1703 is a three-bedroom apartment of 1,238 sqft on the 17th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 14 May 2026 for AED 2,200,000, or AED 1,777 per sqft, 22% above the AED 1,452 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 November 2026, is AED 110,000 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical three-bed in Mayfair Residency
1M2M2009201420192024Typical sale price by year: 2009 AED 1,839,182; 2010 AED 1,000,000; 2011 AED 1,679,972; 2012 AED 1,234,555; 2013 AED 1,746,595; 2014 AED 1,987,235Sold by developer, June 2013: AED 1,377,883 (AED 1,113 per sqft)Sold, July 2025: AED 1,700,000 (AED 1,373 per sqft)Sold, May 2026: AED 2,200,000 (AED 1,777 per sqft)

1703 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, each contractTypical three-bed in Mayfair Residency
100K2013201720212025Typical rent by year: 2013 AED 80,000; 2014 AED 112,500; 2015 AED 115,000; 2016 AED 109,500; 2017 AED 109,725; 2018 AED 90,500; 2019 AED 85,000; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 101,500; 2024 AED 100,000; 2025 AED 130,000; 2026 AED 105,000New contract, January 2018: AED 120,000 a yearNew contract, January 2019: AED 88,000 a yearRenewal, January 2020: AED 68,000 a yearRenewal, January 2021: AED 68,000 a yearRenewal, January 2022: AED 68,000 a yearRenewal, January 2023: AED 74,800 a yearRenewal, January 2024: AED 82,280 a yearNew contract, November 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mayfair Residency, and where 1703 sits

All 15 3-beds →

1703 last sold in May 2026 at AED 1,777 per sqft, 22% above what three-beds in Mayfair Residency were fetching at the time (AED 1,452). Over the last 12 months three-beds sold for AED 2,000,000 to 2,200,000, around AED 1,615 per sqft, and rent for AED 87,000 to 115,000 a year. 1703's AED 110,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Mar 20262,000,000
12 Mar 20252,100,000
5 Mar 20241,338,346
5 Sep 20231,500,000
2 3-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 17th floor

All 212 units in Mayfair Residency
Value
17013-bedAED 1.38M · Jul 2014
17023-bedAED 2.1M · Jan 2014
17043-bedAED 1.7M · Feb 2013
17053-bedAED 2M · Mar 2026

1703, Mayfair Residency in numbers

  • Sold 3 times: first on 4 June 2013 for AED 1,377,883, last on 14 May 2026 for AED 2,200,000 (AED 1,777 per sqft).
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2022 and recovered to AED 110,000 by November 2026.
  • At AED 110,000 a year the gross yield on the 2026 price is 5.0%, before a service charge of about AED 20,100 a year (AED 16.20 per sqft).
  • Three-beds in Mayfair Residency sold for AED 2,000,000–2,200,000 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 15 November 2026.

Questions about 1703, Mayfair Residency

What did unit 1703 last sell for?

AED 2,200,000 on 14 May 2026: AED 1,777 per sqft for 1,238 sqft. The unit has 3 registered sales; the first was AED 1,377,883 in June 2013.

What is the rent for unit 1703?

AED 110,000 a year on the contract signed on 15 November 2026. The previous contract, from January 2024, was AED 82,280; the unit has been rented since January 2018.

How big is unit 1703?

1,238 sqft (115.0 sqm): a three-bedroom apartment on the 17th floor of a 18-storey tower completed in 2011.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mayfair Residency sold for AED 2,000,000 to 2,200,000 in the last 12 months, around AED 1,615 per sqft.

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Mortgage on 1703, Mayfair Residency

Starts from the last sale price (AED 2.2M, 14 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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