1-bed · 623 sqftMayfair Residency, Business Bay · 4th floor · completed 2011

410, Mayfair Residency

Sold prices and rental history: sold 6 times, last in September 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 890K12 September 2024
Current rentAED 70K /yr10 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Mayfair Residency

What is 410 worth today?

Last sold for AED 890,000 in 2024

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12 Sep 2024SoldReady
AED 890,000AED 1,429 per sqft
7 Sep 2022SoldReady
AED 590,000AED 947 per sqft
10 Jul 2018RentedNew contract
AED 69,600/yr12 months · AED 111 per sqft
14 May 2015SoldReady
AED 870,000AED 1,397 per sqft
5 Dec 2014RentedNew contract
AED 63,250/yr12 months · AED 101 per sqft
5 Dec 2013RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
29 Dec 2011SoldReady
AED 866,315AED 1,391 per sqft
21 Jul 2010Sold by developerOff-plan
AED 450,000AED 722 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
4th of 18
Parking
B2-05
Developer
Deyaar
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 890K · September 2024

About 410, Mayfair Residency

410 is a one-bedroom apartment of 623 sqft on the 4th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 12 September 2024 for AED 890,000, or AED 1,429 per sqft, 12% above the AED 1,275 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 July 2018, is AED 69,600 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 10,100 a year.

Sales and rents for 410 over time

Sales
Unit 410, 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, July 2010: AED 450,000 (AED 722 per sqft)Sold, July 2010: AED 450,000 (AED 722 per sqft)Sold, December 2011: AED 866,315 (AED 1,391 per sqft)Sold, May 2015: AED 870,000 (AED 1,397 per sqft)Sold, September 2022: AED 590,000 (AED 947 per sqft)Sold, September 2024: AED 890,000 (AED 1,429 per sqft)

410 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 410, 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 55,000 a yearNew contract, December 2014: AED 63,250 a yearNew contract, July 2018: AED 69,600 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 410 sits

All 197 1-beds →

410 last sold in September 2024 at AED 1,429 per sqft, 12% above what one-beds in Mayfair Residency were fetching at the time (AED 1,275). 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. 410's AED 69,600 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
4041-bedAED 650K · Dec 2023
4051-bedAED 442K · Apr 2012
4061-bedAED 700K · Oct 2022
4071-bedAED 435K · Dec 2011
1–7 of 13

410, Mayfair Residency in numbers

  • Sold 6 times: first on 21 July 2010 for AED 450,000, last on 12 September 2024 for AED 890,000 (AED 1,429 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 55,000 to AED 69,600 a year.
  • At AED 69,600 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 10,100 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 12 September 2024.

Questions about 410, Mayfair Residency

What did unit 410 last sell for?

AED 890,000 on 12 September 2024: AED 1,429 per sqft for 623 sqft. The unit has 6 registered sales; the first was AED 450,000 in July 2010.

What is the rent for unit 410?

AED 69,600 a year on the contract signed on 10 July 2018. The previous contract, from December 2014, was AED 63,250; the unit has been rented since December 2013.

How big is unit 410?

623 sqft (57.9 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2011.

What is unit 410 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 410, Mayfair Residency

Starts from the last sale price (AED 890K, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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