1-bed · 614 sqftMayfair Residency, Business Bay · 3rd floor · completed 2011

301, Mayfair Residency

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 830K9 September 2023
Current rentAED 65K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mayfair Residency

What is 301 worth today?

Last sold for AED 830,000 in 2023

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3 Jun 2026RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
18 Dec 2025RentedRenewal
AED 92,000/yr3 months · AED 150 per sqft
18 Dec 2024RentedRenewal
AED 92,000/yr12 months · AED 150 per sqft
18 Dec 2023RentedNew contract
AED 92,000/yr12 months · AED 150 per sqft
9 Sep 2023SoldReady
AED 830,000AED 1,352 per sqft
28 May 2022RentedNew contract
AED 50,400/yr12 months · AED 82 per sqft
28 May 2021RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
22 Apr 2020RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
3rd of 18
Parking
G-01
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 830K · September 2023

About 301, Mayfair Residency

301 is a one-bedroom apartment of 614 sqft on the 3rd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 9 September 2023 for AED 830,000, or AED 1,352 per sqft, 40% above the AED 964 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 3 June 2026, is AED 65,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, July 2009: AED 848,799 (AED 1,382 per sqft)Sold, February 2018: AED 425,000 (AED 692 per sqft)Sold, September 2023: AED 830,000 (AED 1,352 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Mayfair Residency
50K75K100K2012201620202024Typical 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, May 2014: AED 70,000 a yearNew contract, May 2016: AED 70,000 a yearNew contract, July 2017: AED 70,000 a yearNew contract, April 2018: AED 64,000 a yearNew contract, April 2019: AED 53,000 a yearRenewal, April 2020: AED 48,000 a yearNew contract, May 2021: AED 42,000 a yearNew contract, May 2022: AED 50,400 a yearNew contract, December 2023: AED 92,000 a yearRenewal, December 2024: AED 92,000 a yearRenewal, December 2025: AED 92,000 a yearNew contract, June 2026: AED 65,000 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 301 sits

All 197 1-beds →

301 last sold in September 2023 at AED 1,352 per sqft, 40% above what one-beds in Mayfair Residency were fetching at the time (AED 964). 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. 301's AED 65,000 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 3rd floor

All 212 units in Mayfair Residency
Value
3021-bedAED 950K · Feb 2016
3031-bedAED 1.02M · Sep 2025
3041-bedAED 827K · Jul 2009
3051-bedAED 900K · Apr 2013
3061-bedAED 1.09M · Apr 2014
3071-bedAED 958K · Jul 2014
3081-bedAED 860K · Nov 2023
1–7 of 13

301, Mayfair Residency in numbers

  • Sold 3 times: first on 16 July 2009 for AED 848,799, last on 9 September 2023 for AED 830,000 (AED 1,352 per sqft).
  • Rented since May 2014 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 65,000 by June 2026.
  • At AED 65,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 9,900 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 3 June 2026.

Questions about 301, Mayfair Residency

What did unit 301 last sell for?

AED 830,000 on 9 September 2023: AED 1,352 per sqft for 614 sqft. The unit has 3 registered sales; the first was AED 848,799 in July 2009.

What is the rent for unit 301?

AED 65,000 a year on the contract signed on 3 June 2026. The previous contract, from December 2025, was AED 92,000; the unit has been rented since May 2014.

How big is unit 301?

614 sqft (57.0 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.

What is unit 301 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 301, Mayfair Residency

Starts from the last sale price (AED 830K, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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