1-bed · 619 sqftMayfair Residency, Business Bay · 4th floor · completed 2011

403, Mayfair Residency

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 805K27 November 2013
Current rentAED 67K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mayfair Residency

What is 403 worth today?

Last sold for AED 804,696 in 2013

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5 Oct 2026RentedNew contract
AED 67,069/yr12 months · AED 109 per sqft
5 Oct 2022RentedRenewal
AED 46,000/yr12 months · AED 75 per sqft
5 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
28 Nov 2020RentedRenewal
AED 38,000/yr12 months · AED 62 per sqft
28 Oct 2019RentedRenewal
AED 50,000/yr13 months · AED 81 per sqft
28 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
1 Dec 2013RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
27 Nov 2013Sold by developerReady
AED 804,696AED 1,300 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
4th of 18
Parking
B1-41
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 805K · November 2013

About 403, Mayfair Residency

403 is a one-bedroom apartment of 619 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 27 November 2013 for AED 804,696, or AED 1,300 per sqft, in line with the AED 1,277 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 5 October 2026, is AED 67,069 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 10,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, November 2013: AED 804,696 (AED 1,300 per sqft)

403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, 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, December 2013: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 50,000 a yearRenewal, November 2020: AED 38,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 46,000 a yearNew contract, October 2026: AED 67,069 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 403 sits

All 197 1-beds →

403 last sold in November 2013 at AED 1,300 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,277). 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. 403's AED 67,069 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 4th floor

All 212 units in Mayfair Residency
Value
4011-bedAED 980K · Dec 2024
4021-bedAED 1.25M · Jan 2015
4041-bedAED 650K · Dec 2023
4051-bedAED 442K · Apr 2012
4061-bedAED 700K · Oct 2022
4071-bedAED 435K · Dec 2011
4081-bedAED 540K · Jun 2022
1–7 of 13

403, Mayfair Residency in numbers

  • Sold once: by Deyaar on 27 November 2013 for AED 804,696, or AED 1,300 per sqft.
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2020 and recovered to AED 67,069 by October 2026.
  • At AED 67,069 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 10,000 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 5 October 2026.

Questions about 403, Mayfair Residency

What did unit 403 last sell for?

AED 804,696 on 27 November 2013, sold by the developer: AED 1,300 per sqft for 619 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 67,069 a year on the contract signed on 5 October 2026. The previous contract, from October 2022, was AED 46,000; the unit has been rented since December 2013.

How big is unit 403?

619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.

What is unit 403 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 403, Mayfair Residency

Starts from the last sale price (AED 805K, 27 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 804,696
Deposit, UAE resident (20%)
AED 160,939
Deposit, non-resident (40%)
AED 321,878
Monthly over 25 years at 3.7%
AED 3,292

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