1805, Mayfair Residency
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1805, Mayfair Residency
What is 1805 worth today?
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Source: Dubai Land Department. Updated 29 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 688 sqft
- Floor
- 18th of 18
- Parking
- P2-07
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 11,200 /yr
- Last sold
- AED 413K · April 2012
- Building
- Mayfair Residency
About 1805, Mayfair Residency
1805 is a three-bedroom apartment of 688 sqft on the 18th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 April 2012 for AED 413,488, or AED 600 per sqft, 56% below the AED 1,357 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 29 July 2024, is AED 55,125 a year: a gross yield of 13.3% on the 2012 price, before the service charge of about AED 11,200 a year.
Sales and rents for 1805 over time
1805 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 1805 sits
All 15 3-beds →1805 last sold in April 2012 at AED 600 per sqft, 56% below what three-beds in Mayfair Residency were fetching at the time (AED 1,357). 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. 1805's AED 55,125 is at the bottom 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 18th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 3-bed | 1,244 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 130,000 /yr | |
| 1802 | 3-bed | 714 sqft | AED 428KAED 428,100 · Apr 2012April 2012 | 115,000 /yr | |
| 1803 | 3-bed | 1,238 sqft | AED 495KAED 495,000 · Dec 2020December 2020 | 140,000 /yr | |
| 1804 | 3-bed | 1,238 sqft | AED 1.2MAED 1,200,000 · Jul 2022July 2022 | 100,000 /yr |
1805, Mayfair Residency in numbers
- Sold twice: first on 7 March 2012 for AED 2,041,010, last on 8 April 2012 for AED 413,488 (AED 600 per sqft).
- Rented since January 2016 on 5 Ejari contracts, from AED 109,000 to AED 55,125 a year.
- At AED 55,125 a year the gross yield on the 2012 price is 13.3%, before a service charge of about AED 11,200 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 29 July 2024.
Questions about 1805, Mayfair Residency
What did unit 1805 last sell for?
AED 413,488 on 8 April 2012: AED 600 per sqft for 688 sqft. The unit has 2 registered sales; the first was AED 2,041,010 in March 2012.
What is the rent for unit 1805?
AED 55,125 a year on the contract renewed on 29 July 2024. The previous contract, from July 2023, was AED 105,000; the unit has been rented since January 2016.
How big is unit 1805?
688 sqft (63.9 sqm): a three-bedroom apartment on the 18th floor of a 18-storey tower completed in 2011.
What is unit 1805 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 1805, Mayfair Residency
Starts from the last sale price (AED 413K, 8 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 413,488
- Deposit, UAE resident (20%)
- AED 82,698
- Deposit, non-resident (40%)
- AED 165,395
- Monthly over 25 years at 3.7%
- AED 1,692
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →