1-bed · 596 sqftMayfair Residency, Business Bay · 2nd floor · completed 2011

204, Mayfair Residency

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 864K21 January 2014
Current rentAED 62K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Mayfair Residency

What is 204 worth today?

Last sold for AED 864,229 in 2014

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25 Jul 2026RentedRenewal
AED 62,488/yr12 months · AED 105 per sqft
25 Jul 2025RentedRenewal
AED 62,488/yr12 months · AED 105 per sqft
26 Jul 2024RentedRenewal
AED 59,679/yr12 months · AED 100 per sqft
26 Jul 2023RentedRenewal
AED 51,750/yr12 months · AED 87 per sqft
26 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
7 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
28 Jul 2020RentedRenewal
AED 45,000/yr12 months · AED 76 per sqft
28 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
2nd of 18
Parking
P3-04
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 864K · January 2014

About 204, Mayfair Residency

204 is a one-bedroom apartment of 596 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 21 January 2014 for AED 864,229, or AED 1,450 per sqft, 9% above the AED 1,330 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 25 July 2026, is AED 62,488 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 9,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 865,735; 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, January 2014: AED 864,229 (AED 1,450 per sqft)

204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, 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, July 2019: AED 50,000 a yearRenewal, July 2020: AED 45,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, July 2022: AED 45,000 a yearRenewal, July 2023: AED 51,750 a yearRenewal, July 2024: AED 59,679 a yearRenewal, July 2025: AED 62,488 a yearRenewal, July 2026: AED 62,488 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 204 sits

All 197 1-beds →

204 last sold in January 2014 at AED 1,450 per sqft, 9% above what one-beds in Mayfair Residency were fetching at the time (AED 1,330). 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. 204's AED 62,488 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 2nd floor

All 212 units in Mayfair Residency
Value
2011-bedAED 581K · Apr 2013
2021-bedAED 1.26M · Mar 2014
2031-bedAED 600K · Aug 2016
2051-bedAED 800K · Apr 2018
2061-bedAED 1M · Mar 2024
2071-bedAED 1.04M · Feb 2016
2081-bedAED 924K · Oct 2017
1–7 of 13

204, Mayfair Residency in numbers

  • Sold once: by Deyaar on 21 January 2014 for AED 864,229, or AED 1,450 per sqft.
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2021 and recovered to AED 62,488 by July 2026.
  • At AED 62,488 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 9,700 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 25 July 2026.

Questions about 204, Mayfair Residency

What did unit 204 last sell for?

AED 864,229 on 21 January 2014, sold by the developer: AED 1,450 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 62,488 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 62,488; the unit has been rented since July 2019.

How big is unit 204?

596 sqft (55.4 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.

What is unit 204 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 204, Mayfair Residency

Starts from the last sale price (AED 864K, 21 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 864,229
Deposit, UAE resident (20%)
AED 172,846
Deposit, non-resident (40%)
AED 345,692
Monthly over 25 years at 3.7%
AED 3,536

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