1704, Mayfair Residency
Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Mayfair Residency
What is 1704 worth today?
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Source: Dubai Land Department. Updated 16 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,238 sqft
- Floor
- 17th of 18
- Parking
- B2-32
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 20,100 /yr
- Last sold
- AED 1.7M · February 2013
- Building
- Mayfair Residency
About 1704, Mayfair Residency
1704 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 3 February 2013 for AED 1,698,155, or AED 1,371 per sqft, in line with the AED 1,371 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 16 November 2025, is AED 106,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 20,100 a year.
Sales and rents for 1704 over time
1704 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1704 sits
All 15 3-beds →1704 last sold in February 2013 at AED 1,371 per sqft, in line with what three-beds in Mayfair Residency were fetching at the time (AED 1,371). 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. 1704's AED 106,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 1,238 sqft | 2,200,000 | 1,777 | ||
| 26 Mar 202626 March 2026 | 1,377 sqft | 2,000,000 | 1,452 | ||
| 22 Jul 202522 July 2025 | 1,238 sqft | 1,700,000 | 1,373 | ||
| 12 Mar 202512 March 2025 | 1,244 sqft | 2,100,000 | 1,688 |
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 17th floor
All 212 units in Mayfair Residency1704, Mayfair Residency in numbers
- Sold twice: first on 4 August 2009 for AED 824,077, last on 3 February 2013 for AED 1,698,155 (AED 1,371 per sqft).
- Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 106,000 by November 2025.
- At AED 106,000 a year the gross yield on the 2013 price is 6.2%, 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 16 November 2025.
Questions about 1704, Mayfair Residency
What did unit 1704 last sell for?
AED 1,698,155 on 3 February 2013: AED 1,371 per sqft for 1,238 sqft. The unit has 2 registered sales; the first was AED 824,077 in August 2009.
What is the rent for unit 1704?
AED 106,000 a year on the contract renewed on 16 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since August 2014.
How big is unit 1704?
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 1704 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 1704, Mayfair Residency
Starts from the last sale price (AED 1.7M, 3 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,698,155
- Deposit, UAE resident (20%)
- AED 339,631
- Deposit, non-resident (40%)
- AED 679,262
- Monthly over 25 years at 3.7%
- AED 6,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →