203, Mayfair Residency
Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Mayfair Residency
What is 203 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 2nd of 18
- Parking
- P3-03
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,000 /yr
- Last sold
- AED 600K · August 2016
- Building
- Mayfair Residency
About 203, Mayfair Residency
203 is a one-bedroom apartment of 619 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 August 2016 for AED 600,000, or AED 969 per sqft, 28% below the AED 1,342 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 15 March 2026, is AED 70,000 a year: a gross yield of 11.7% on the 2016 price, before the service charge of about AED 10,000 a year.
Sales and rents for 203 over time
203 has sold twice; 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 203 sits
All 197 1-beds →203 last sold in August 2016 at AED 969 per sqft, 28% below what one-beds in Mayfair Residency were fetching at the time (AED 1,342). 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. 203's AED 70,000 is in the lower 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 2nd floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 614 sqft | AED 581KAED 580,899 · Apr 2013April 2013 | 77,000 /yr | |
| 202 | 1-bed | 780 sqft | AED 1.26MAED 1,256,016 · Mar 2014March 2014 | 70,000 /yr | |
| 204 | 1-bed | 596 sqft | AED 864KAED 864,229 · Jan 2014January 2014 | 62,488 /yr | |
| 205 | 1-bed | 605 sqft | AED 800KAED 800,000 · Apr 2018April 2018 | 50,600 /yr | |
| 206 | 1-bed | 859 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 70,000 /yr | |
| 207 | 1-bed | 614 sqft | AED 1.04MAED 1,043,578 · Feb 2016February 2016 | 50,600 /yr | |
| 208 | 1-bed | 644 sqft | AED 924KAED 923,938 · Oct 2017October 2017 | 36,000 /yr | |
| 209 | 1-bed | 832 sqft | AED 750KAED 750,000 · Jul 2023July 2023 | 60,000 /yr | |
| 210 | 1-bed | 623 sqft | AED 914KAED 913,803 · Feb 2014February 2014 | 65,500 /yr | |
| 211 | 1-bed | 596 sqft | AED 815KAED 815,000 · Aug 2025August 2025 | 62,000 /yr | |
| 212 | 1-bed | 633 sqft | AED 800KAED 800,000 · Jan 2024January 2024 | 70,000 /yr | |
| 213 | 1-bed | 752 sqft | AED 790KAED 790,000 · Feb 2022February 2022 | 45,000 /yr | |
| 214 | 1-bed | 649 sqft | AED 1.3MAED 1,300,000 · Jun 2024June 2024 | 66,000 /yr |
203, Mayfair Residency in numbers
- Sold twice: first on 2 October 2013 for AED 841,945, last on 8 August 2016 for AED 600,000 (AED 969 per sqft).
- Rented since November 2013 on 14 Ejari contracts. The rent fell from AED 50,600 to AED 40,000 in 2021 and recovered to AED 70,000 by March 2026.
- At AED 70,000 a year the gross yield on the 2016 price is 11.7%, before a service charge of about AED 10,000 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 15 March 2026.
Questions about 203, Mayfair Residency
What did unit 203 last sell for?
AED 600,000 on 8 August 2016: AED 969 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 841,945 in October 2013.
What is the rent for unit 203?
AED 70,000 a year on the contract signed on 15 March 2026. The previous contract, from June 2025, was AED 61,050; the unit has been rented since November 2013.
How big is unit 203?
619 sqft (57.5 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.
What is unit 203 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 203, Mayfair Residency
Starts from the last sale price (AED 600K, 8 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →