1-bed · 596 sqftMayfair Residency, Business Bay · 4th floor · completed 2011

404, Mayfair Residency

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 650K11 December 2023
Current rentAED 77K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mayfair Residency

What is 404 worth today?

Last sold for AED 650,000 in 2023

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10 Feb 2026RentedRenewal
AED 77,000/yr12 months · AED 130 per sqft
10 Feb 2025RentedRenewal
AED 77,000/yr12 months · AED 130 per sqft
10 Feb 2025RentedRenewal
AED 77,000/yr12 months · AED 130 per sqft
10 Feb 2024RentedNew contract
AED 77,000/yr12 months · AED 130 per sqft
11 Dec 2023SoldReady
AED 650,000AED 1,090 per sqft
25 Jan 2023RentedRenewal
AED 50,400/yr12 months · AED 85 per sqft
25 Jan 2022RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
25 Jan 2021RentedNew contract
AED 38,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
4th of 18
Parking
P2-25
Developer
Deyaar
Completed
2011
Service charge
AED 9,700 /yr
Last sold
AED 650K · December 2023

About 404, Mayfair Residency

404 is a one-bedroom apartment of 596 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 December 2023 for AED 650,000, or AED 1,090 per sqft, in line with the AED 1,117 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 77,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 779,706 (AED 1,308 per sqft)Sold, July 2011: AED 824,706 (AED 1,383 per sqft)Sold, January 2012: AED 824,706 (AED 1,383 per sqft)Sold, December 2023: AED 650,000 (AED 1,090 per sqft)

404 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, 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 2014: AED 46,200 a yearNew contract, October 2015: AED 68,000 a yearNew contract, November 2016: AED 65,000 a yearRenewal, November 2017: AED 65,000 a yearRenewal, November 2018: AED 55,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, January 2021: AED 38,000 a yearNew contract, January 2022: AED 42,000 a yearRenewal, January 2023: AED 50,400 a yearNew contract, February 2024: AED 77,000 a yearRenewal, February 2025: AED 77,000 a yearRenewal, February 2025: AED 77,000 a yearRenewal, February 2026: AED 77,000 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 404 sits

All 197 1-beds →

404 last sold in December 2023 at AED 1,090 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,117). 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. 404's AED 77,000 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 4th floor

All 212 units in Mayfair Residency
Value
4011-bedAED 980K · Dec 2024
4021-bedAED 1.25M · Jan 2015
4031-bedAED 805K · Nov 2013
4051-bedAED 442K · Apr 2012
4061-bedAED 700K · Oct 2022
4071-bedAED 435K · Dec 2011
4081-bedAED 540K · Jun 2022
1–7 of 13

404, Mayfair Residency in numbers

  • Sold 4 times: first on 11 June 2009 for AED 779,706, last on 11 December 2023 for AED 650,000 (AED 1,090 per sqft).
  • Rented since August 2014 on 13 Ejari contracts. The rent fell from AED 46,200 to AED 38,000 in 2021 and recovered to AED 77,000 by February 2026.
  • At AED 77,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 9,700 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 10 February 2026.

Questions about 404, Mayfair Residency

What did unit 404 last sell for?

AED 650,000 on 11 December 2023: AED 1,090 per sqft for 596 sqft. The unit has 4 registered sales; the first was AED 779,706 in June 2009.

What is the rent for unit 404?

AED 77,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 77,000; the unit has been rented since August 2014.

How big is unit 404?

596 sqft (55.4 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.

What is unit 404 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 404, Mayfair Residency

Starts from the last sale price (AED 650K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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