206, Mayfair Residency
Sold prices and rental history: sold twice, last in March 2024, 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 206, Mayfair Residency
What is 206 worth today?
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Source: Dubai Land Department. Updated 13 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 859 sqft
- Floor
- 2nd of 18
- Parking
- P3-06
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1M · March 2024
- Building
- Mayfair Residency
About 206, Mayfair Residency
206 is a one-bedroom apartment of 859 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 March 2024 for AED 1,000,000, or AED 1,163 per sqft, in line with the AED 1,197 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 November 2023, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 206 over time
206 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 206 sits
All 197 1-beds →206 last sold in March 2024 at AED 1,163 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,197). 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. 206'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 | |
| 203 | 1-bed | 619 sqft | AED 600KAED 600,000 · Aug 2016August 2016 | 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 | |
| 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 |
206, Mayfair Residency in numbers
- Sold twice: first on 12 December 2018 for AED 1,011,271, last on 13 March 2024 for AED 1,000,000 (AED 1,163 per sqft).
- Rented since April 2013 on 11 Ejari contracts, from AED 44,100 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 13,900 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 13 March 2024.
Questions about 206, Mayfair Residency
What did unit 206 last sell for?
AED 1,000,000 on 13 March 2024: AED 1,163 per sqft for 859 sqft. The unit has 2 registered sales; the first was AED 1,011,271 in December 2018.
What is the rent for unit 206?
AED 70,000 a year on the contract signed on 20 November 2023. The previous contract, from November 2022, was AED 65,000; the unit has been rented since April 2013.
How big is unit 206?
859 sqft (79.8 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.
What is unit 206 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 206, Mayfair Residency
Starts from the last sale price (AED 1M, 13 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →