1-bed · 605 sqftMayfair Residency, Business Bay · 4th floor · completed 2011

405, Mayfair Residency

Sold prices and rental history: sold twice, last in April 2012, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 442K30 April 2012
Current rentAED 36K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mayfair Residency

What is 405 worth today?

Last sold for AED 442,156 in 2012

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1 Jul 2026RentedRenewal
AED 36,000/yr12 months · AED 59 per sqft
1 Jul 2025RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
1 Jul 2025RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
30 Apr 2012SoldReady
AED 442,156AED 730 per sqft
18 Oct 2009Sold by developerOff-plan
AED 404,656AED 668 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
4th of 18
Parking
B2-02
Developer
Deyaar
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 442K · April 2012

About 405, Mayfair Residency

405 is a one-bedroom apartment of 605 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 30 April 2012 for AED 442,156, or AED 730 per sqft, 45% below the AED 1,317 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 36,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 9,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, October 2009: AED 404,656 (AED 668 per sqft)Sold, April 2012: AED 442,156 (AED 730 per sqft)

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

Rents
Unit 405, 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, July 2025: AED 36,000 a yearNew contract, July 2025: AED 36,000 a yearRenewal, July 2026: AED 36,000 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 405 sits

All 197 1-beds →

405 last sold in April 2012 at AED 730 per sqft, 45% below what one-beds in Mayfair Residency were fetching at the time (AED 1,317). 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. 405's AED 36,000 is at the bottom 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
4041-bedAED 650K · Dec 2023
4061-bedAED 700K · Oct 2022
4071-bedAED 435K · Dec 2011
4081-bedAED 540K · Jun 2022
1–7 of 13

405, Mayfair Residency in numbers

  • Sold twice: first on 18 October 2009 for AED 404,656, last on 30 April 2012 for AED 442,156 (AED 730 per sqft).
  • Rented since July 2025 on 3 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 9,800 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 July 2026.

Questions about 405, Mayfair Residency

What did unit 405 last sell for?

AED 442,156 on 30 April 2012: AED 730 per sqft for 605 sqft. The unit has 2 registered sales; the first was AED 404,656 in October 2009.

What is the rent for unit 405?

AED 36,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 36,000; the unit has been rented since July 2025.

How big is unit 405?

605 sqft (56.2 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.

What is unit 405 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 405, Mayfair Residency

Starts from the last sale price (AED 442K, 30 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 442,156
Deposit, UAE resident (20%)
AED 88,431
Deposit, non-resident (40%)
AED 176,862
Monthly over 25 years at 3.7%
AED 1,809

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