1-bed · 752 sqftMayfair Residency, Business Bay · 2nd floor · completed 2011

213, Mayfair Residency

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 11 February 2022
Last soldAED 790K11 February 2022
Current rentAED 45K /yr5 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Mayfair Residency

What is 213 worth today?

Last sold for AED 790,000 in 2022

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11 Feb 2022SoldReady
AED 790,000AED 1,050 per sqft
5 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
1 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
4 Dec 2019RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
20 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
13 Nov 2016SoldReady
AED 525,000AED 698 per sqft
8 Dec 2015Sold by developerReady
AED 1,274,442AED 1,695 per sqft
1 Jul 2015RentedRenewal
AED 69,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 11 February 2022.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
2nd of 18
Parking
P3-13
Developer
Deyaar
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 790K · February 2022

About 213, Mayfair Residency

213 is a one-bedroom apartment of 752 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 February 2022 for AED 790,000, or AED 1,050 per sqft, 18% above the AED 893 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 5 October 2021, is AED 45,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 12,200 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical one-bed in Mayfair Residency
500K1M2009201420192024Typical sale price by year: 2009 AED 822,158; 2010 AED 862,155; 2011 AED 826,234; 2012 AED 866,621; 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, December 2015: AED 1,274,442 (AED 1,695 per sqft)Sold, November 2016: AED 525,000 (AED 698 per sqft)Sold, February 2022: AED 790,000 (AED 1,050 per sqft)

213 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 213, 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 2014: AED 60,000 a yearRenewal, July 2015: AED 69,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, December 2019: AED 52,000 a yearNew contract, January 2021: AED 42,000 a yearNew contract, October 2021: AED 45,000 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 213 sits

All 197 1-beds →

213 last sold in February 2022 at AED 1,050 per sqft, 18% above what one-beds in Mayfair Residency were fetching at the time (AED 893). 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. 213's AED 45,000 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
2041-bedAED 864K · Jan 2014
2051-bedAED 800K · Apr 2018
2061-bedAED 1M · Mar 2024
2071-bedAED 1.04M · Feb 2016
1–7 of 13

213, Mayfair Residency in numbers

  • Sold 3 times: first on 8 December 2015 for AED 1,274,442, last on 11 February 2022 for AED 790,000 (AED 1,050 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 60,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 12,200 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 11 February 2022.

Questions about 213, Mayfair Residency

What did unit 213 last sell for?

AED 790,000 on 11 February 2022: AED 1,050 per sqft for 752 sqft. The unit has 3 registered sales; the first was AED 1,274,442 in December 2015.

What is the rent for unit 213?

AED 45,000 a year on the contract signed on 5 October 2021. The previous contract, from January 2021, was AED 42,000; the unit has been rented since July 2014.

How big is unit 213?

752 sqft (69.9 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.

What is unit 213 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 213, Mayfair Residency

Starts from the last sale price (AED 790K, 11 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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