208, Mayfair Residency
Sold prices and rental history: sold once, by the developer in October 2017, 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 208, Mayfair Residency
What is 208 worth today?
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Source: Dubai Land Department. Updated 15 June 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 644 sqft
- Floor
- 2nd of 18
- Parking
- P3-08
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,400 /yr
- Last sold
- AED 924K · October 2017
- Building
- Mayfair Residency
About 208, Mayfair Residency
208 is a one-bedroom apartment of 644 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 22 October 2017 for AED 923,938, or AED 1,435 per sqft, 18% above the AED 1,218 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 June 2020, is AED 36,000 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 10,400 a year.
Sales and rents for 208 over time
208 has sold once; 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 208 sits
All 197 1-beds →208 last sold in October 2017 at AED 1,435 per sqft, 18% above what one-beds in Mayfair Residency were fetching at the time (AED 1,218). 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. 208's AED 36,000 is at the bottom 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 | |
| 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 | |
| 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 |
208, Mayfair Residency in numbers
- Sold once: by Deyaar on 22 October 2017 for AED 923,938, or AED 1,435 per sqft.
- Rented since February 2014 on 6 Ejari contracts, from AED 55,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2017 price is 3.9%, before a service charge of about AED 10,400 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 June 2020.
Questions about 208, Mayfair Residency
What did unit 208 last sell for?
AED 923,938 on 22 October 2017, sold by the developer: AED 1,435 per sqft for 644 sqft. It is the only registered sale of the unit.
What is the rent for unit 208?
AED 36,000 a year on the contract signed on 15 June 2020. The previous contract, from February 2018, was AED 70,000; the unit has been rented since February 2014.
How big is unit 208?
644 sqft (59.8 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.
What is unit 208 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 208, Mayfair Residency
Starts from the last sale price (AED 924K, 22 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 923,938
- Deposit, UAE resident (20%)
- AED 184,788
- Deposit, non-resident (40%)
- AED 369,575
- Monthly over 25 years at 3.7%
- AED 3,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →