1-bed · 780 sqftMayfair Residency, Business Bay · 3rd floor · completed 2011

302, Mayfair Residency

Sold prices and rental history: sold 3 times, last in February 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 950K9 February 2016
Current rentAED 75K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Mayfair Residency

What is 302 worth today?

Last sold for AED 950,000 in 2016

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1 Feb 2026RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
13 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
13 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
8 Jan 2023RentedRenewal
AED 60,000/yr12 months · AED 77 per sqft
8 Jan 2023RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
1 Nov 2020RentedRenewal
AED 48,000/yr12 months · AED 62 per sqft
8 Aug 2019RentedRenewal
AED 48,734/yr15 months · AED 63 per sqft
8 Aug 2018RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
3rd of 18
Parking
G-02
Developer
Deyaar
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 950K · February 2016

About 302, Mayfair Residency

302 is a one-bedroom apartment of 780 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 February 2016 for AED 950,000, or AED 1,218 per sqft, 12% below the AED 1,382 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 February 2026, is AED 75,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical 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, June 2009: AED 1,049,817 (AED 1,346 per sqft)Sold, December 2012: AED 1,099,817 (AED 1,410 per sqft)Sold, February 2016: AED 950,000 (AED 1,218 per sqft)

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

Rents
Unit 302, 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, August 2017: AED 70,000 a yearRenewal, August 2018: AED 65,000 a yearRenewal, August 2019: AED 48,734 a yearRenewal, November 2020: AED 48,000 a yearRenewal, January 2023: AED 60,000 a yearNew contract, January 2023: AED 54,000 a yearNew contract, January 2025: AED 60,000 a yearNew contract, January 2025: AED 60,000 a yearNew contract, February 2026: AED 75,000 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 302 sits

All 197 1-beds →

302 last sold in February 2016 at AED 1,218 per sqft, 12% below what one-beds in Mayfair Residency were fetching at the time (AED 1,382). 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. 302's AED 75,000 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
3011-bedAED 830K · Sep 2023
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

302, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 1,049,817, last on 9 February 2016 for AED 950,000 (AED 1,218 per sqft).
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2020 and recovered to AED 75,000 by February 2026.
  • At AED 75,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 12,600 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 1 February 2026.

Questions about 302, Mayfair Residency

What did unit 302 last sell for?

AED 950,000 on 9 February 2016: AED 1,218 per sqft for 780 sqft. The unit has 3 registered sales; the first was AED 1,049,817 in June 2009.

What is the rent for unit 302?

AED 75,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since August 2017.

How big is unit 302?

780 sqft (72.5 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.

What is unit 302 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 302, Mayfair Residency

Starts from the last sale price (AED 950K, 9 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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