1-bed · 649 sqftMayfair Residency, Business Bay · 2nd floor · completed 2011

214, Mayfair Residency

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 14 December 2025
Last soldAED 1.3M3 June 2024
Current rentAED 66K /yr14 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Mayfair Residency

What is 214 worth today?

Last sold for AED 1,300,000 in 2024

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14 Dec 2025RentedRenewal
AED 66,000/yr12 months · AED 102 per sqft
14 Dec 2024RentedNew contract
AED 66,000/yr12 months · AED 102 per sqft
3 Jun 2024SoldReady
AED 1,300,000AED 2,003 per sqft
22 May 2024SoldReady
AED 1,000,000AED 1,540 per sqft
10 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
10 Sep 2017RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
1 Mar 2016RentedRenewal
AED 75,000/yr12 months · AED 116 per sqft
1 Mar 2015RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 14 December 2025.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
2nd of 18
Parking
P3-14
Developer
Deyaar
Completed
2011
Service charge
AED 10,500 /yr
Last sold
AED 1.3M · June 2024

About 214, Mayfair Residency

214 is a one-bedroom apartment of 649 sqft on the 2nd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 3 June 2024 for AED 1,300,000, or AED 2,003 per sqft, 59% above the AED 1,263 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 14 December 2025, is AED 66,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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 2012: AED 624,870 (AED 962 per sqft)Sold, May 2024: AED 1,000,000 (AED 1,540 per sqft)Sold, June 2024: AED 1,300,000 (AED 2,003 per sqft)

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

Rents
Unit 214, 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, March 2015: AED 75,000 a yearRenewal, March 2016: AED 75,000 a yearNew contract, September 2017: AED 65,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, December 2024: AED 66,000 a yearRenewal, December 2025: AED 66,000 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 214 sits

All 197 1-beds →

214 last sold in June 2024 at AED 2,003 per sqft, 59% above what one-beds in Mayfair Residency were fetching at the time (AED 1,263). 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. 214's AED 66,000 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

214, Mayfair Residency in numbers

  • Sold 3 times: first on 10 December 2012 for AED 624,870, last on 3 June 2024 for AED 1,300,000 (AED 2,003 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2020 and recovered to AED 66,000 by December 2025.
  • At AED 66,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 10,500 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 14 December 2025.

Questions about 214, Mayfair Residency

What did unit 214 last sell for?

AED 1,300,000 on 3 June 2024: AED 2,003 per sqft for 649 sqft. The unit has 3 registered sales; the first was AED 624,870 in December 2012.

What is the rent for unit 214?

AED 66,000 a year on the contract renewed on 14 December 2025. The previous contract, from December 2024, was AED 66,000; the unit has been rented since March 2015.

How big is unit 214?

649 sqft (60.3 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2011.

What is unit 214 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 214, Mayfair Residency

Starts from the last sale price (AED 1.3M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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