602, Mayfair Residency
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Mayfair Residency
What is 602 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 780 sqft
- Floor
- 6th of 18
- Parking
- B1-06
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.26M · April 2014
- Building
- Mayfair Residency
About 602, Mayfair Residency
602 is a one-bedroom apartment of 780 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 15 April 2014 for AED 1,259,914, or AED 1,616 per sqft, 18% above the AED 1,372 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 85,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 12,600 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 197 1-beds →602 last sold in April 2014 at AED 1,616 per sqft, 18% above what one-beds in Mayfair Residency were fetching at the time (AED 1,372). 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. 602's AED 85,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 614 sqft | AED 850KAED 850,000 · May 2013May 2013 | 60,000 /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 |
602, Mayfair Residency in numbers
- Sold once: by Deyaar on 15 April 2014 for AED 1,259,914, or AED 1,616 per sqft.
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 52,920 to AED 42,000 in 2020 and recovered to AED 85,000 by March 2026.
- At AED 85,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 12,600 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 March 2026.
Questions about 602, Mayfair Residency
What did unit 602 last sell for?
AED 1,259,914 on 15 April 2014, sold by the developer: AED 1,616 per sqft for 780 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 85,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 85,000; the unit has been rented since April 2014.
How big is unit 602?
780 sqft (72.5 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.
What is unit 602 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 602, Mayfair Residency
Starts from the last sale price (AED 1.26M, 15 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,259,914
- Deposit, UAE resident (20%)
- AED 251,983
- Deposit, non-resident (40%)
- AED 503,966
- Monthly over 25 years at 3.7%
- AED 5,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →