312, Mayfair Residency
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Mayfair Residency
What is 312 worth today?
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Source: Dubai Land Department. Updated 30 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 3rd of 18
- Parking
- P1-04
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,300 /yr
- Last sold
- AED 942K · April 2014
- Building
- Mayfair Residency
About 312, Mayfair Residency
312 is a one-bedroom apartment of 633 sqft on the 3rd floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 9 April 2014 for AED 942,127, or AED 1,488 per sqft, 8% above the AED 1,372 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 30 December 2024, is AED 71,665 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 10,300 a year.
Sales and rents for 312 over time
312 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 312 sits
All 197 1-beds →312 last sold in April 2014 at AED 1,488 per sqft, 8% above what one-beds in Mayfair Residency were fetching at the time (AED 1,372). 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. 312's AED 71,665 is in the lower half 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 3rd floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 614 sqft | AED 830KAED 830,000 · Sep 2023September 2023 | 65,000 /yr | |
| 302 | 1-bed | 780 sqft | AED 950KAED 950,000 · Feb 2016February 2016 | 75,000 /yr | |
| 303 | 1-bed | 619 sqft | AED 1.02MAED 1,019,000 · Sep 2025September 2025 | 60,720 /yr | |
| 304 | 1-bed | 596 sqft | AED 827KAED 826,612 · Jul 2009July 2009 | 65,000 /yr | |
| 305 | 1-bed | 605 sqft | AED 900KAED 900,000 · Apr 2013April 2013 | 64,000 /yr | |
| 306 | 1-bed | 859 sqft | AED 1.09MAED 1,086,226 · Apr 2014April 2014 | 82,000 /yr | |
| 307 | 1-bed | 614 sqft | AED 958KAED 958,350 · Jul 2014July 2014 | 65,000 /yr | |
| 308 | 1-bed | 644 sqft | AED 860KAED 860,000 · Nov 2023November 2023 | 62,000 /yr | |
| 309 | 1-bed | 832 sqft | AED 950KAED 950,000 · Dec 2015December 2015 | ||
| 310 | 1-bed | 623 sqft | AED 695KAED 694,870 · Jan 2013January 2013 | 58,737 /yr | |
| 311 | 1-bed | 596 sqft | AED 1.07MAED 1,069,775 · Jun 2014June 2014 | 66,000 /yr | |
| 313 | 1-bed | 752 sqft | AED 1.05MAED 1,051,700 · Jun 2009June 2009 | 75,000 /yr | |
| 314 | 1-bed | 649 sqft | AED 625KAED 624,870 · Dec 2012December 2012 | 52,000 /yr |
312, Mayfair Residency in numbers
- Sold once: by Deyaar on 9 April 2014 for AED 942,127, or AED 1,488 per sqft.
- Rented since September 2013 on 4 Ejari contracts, from AED 50,600 to AED 71,665 a year.
- At AED 71,665 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 10,300 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 30 December 2024.
Questions about 312, Mayfair Residency
What did unit 312 last sell for?
AED 942,127 on 9 April 2014, sold by the developer: AED 1,488 per sqft for 633 sqft. It is the only registered sale of the unit.
What is the rent for unit 312?
AED 71,665 a year on the contract renewed on 30 December 2024. The previous contract, from December 2023, was AED 68,250; the unit has been rented since September 2013.
How big is unit 312?
633 sqft (58.8 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2011.
What is unit 312 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 312, Mayfair Residency
Starts from the last sale price (AED 942K, 9 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 942,127
- Deposit, UAE resident (20%)
- AED 188,425
- Deposit, non-resident (40%)
- AED 376,851
- Monthly over 25 years at 3.7%
- AED 3,855
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →