601, Mayfair Residency
Sold prices and rental history: sold twice, last in May 2013, 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 601, Mayfair Residency
What is 601 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 6th of 18
- Parking
- B1-04
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 850K · May 2013
- Building
- Mayfair Residency
About 601, Mayfair Residency
601 is a one-bedroom apartment of 614 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 2 May 2013 for AED 850,000, or AED 1,384 per sqft, 15% above the AED 1,205 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 60,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 9,900 a year.
Sales and rents for 601 over time
601 has sold twice; 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 601 sits
All 197 1-beds →601 last sold in May 2013 at AED 1,384 per sqft, 15% above what one-beds in Mayfair Residency were fetching at the time (AED 1,205). 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. 601's AED 60,000 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 6th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 780 sqft | AED 1.26MAED 1,259,914 · Apr 2014April 2014 | 85,000 /yr | |
| 603 | 1-bed | 619 sqft | AED 550KAED 550,000 · Jan 2021January 2021 | 66,000 /yr | |
| 604 | 1-bed | 596 sqft | AED 892KAED 892,242 · Mar 2014March 2014 | 65,000 /yr | |
| 605 | 1-bed | 605 sqft | AED 620KAED 620,000 · Mar 2013March 2013 | ||
| 606 | 1-bed | 859 sqft | AED 1.1MAED 1,100,000 · Aug 2015August 2015 | 57,750 /yr | |
| 607 | 1-bed | 614 sqft | AED 970KAED 970,000 · Mar 2014March 2014 | 66,125 /yr | |
| 608 | 1-bed | 644 sqft | AED 921KAED 921,392 · May 2014May 2014 | 68,000 /yr | |
| 609 | 1-bed | 832 sqft | AED 1.01MAED 1,009,579 · Mar 2013March 2013 | 75,000 /yr | |
| 610 | 1-bed | 623 sqft | AED 980KAED 980,000 · Sep 2025September 2025 | 65,000 /yr | |
| 611 | 1-bed | 596 sqft | AED 775KAED 775,000 · Sep 2023September 2023 | 67,000 /yr | |
| 612 | 1-bed | 633 sqft | AED 930KAED 930,000 · Dec 2013December 2013 | 65,000 /yr | |
| 613 | 1-bed | 752 sqft | AED 725KAED 725,000 · Aug 2022August 2022 | 68,000 /yr | |
| 614 | 1-bed | 649 sqft | AED 915KAED 914,603 · Jun 2014June 2014 | 70,000 /yr |
601, Mayfair Residency in numbers
- Sold twice: first on 25 February 2013 for AED 597,323, last on 2 May 2013 for AED 850,000 (AED 1,384 per sqft).
- Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2022 and recovered to AED 60,000 by May 2025.
- At AED 60,000 a year the gross yield on the 2013 price is 7.1%, before a service charge of about AED 9,900 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 20 May 2025.
Questions about 601, Mayfair Residency
What did unit 601 last sell for?
AED 850,000 on 2 May 2013: AED 1,384 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 597,323 in February 2013.
What is the rent for unit 601?
AED 60,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2024, was AED 57,600; the unit has been rented since June 2013.
How big is unit 601?
614 sqft (57.0 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.
What is unit 601 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 601, Mayfair Residency
Starts from the last sale price (AED 850K, 2 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →