1-bed · 619 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

603, Mayfair Residency

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 550K13 January 2021
Current rentAED 66K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mayfair Residency

What is 603 worth today?

Last sold for AED 550,000 in 2021

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15 Aug 2026RentedRenewal
AED 66,000/yr12 months · AED 107 per sqft
15 Aug 2025RentedNew contract
AED 66,000/yr12 months · AED 107 per sqft
3 Jan 2025RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
3 Jan 2025RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
5 Nov 2022RentedNew contract
AED 52,000/yr12 months · AED 85 per sqft
1 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
13 Jan 2021SoldReady
AED 550,000AED 888 per sqft
1 Jun 2020RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
6th of 18
Parking
B1-07
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 550K · January 2021

About 603, Mayfair Residency

603 is a one-bedroom apartment of 619 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 January 2021 for AED 550,000, or AED 888 per sqft, 11% above the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 66,000 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2013: AED 849,372 (AED 1,372 per sqft)Sold, September 2014: AED 1,100,000 (AED 1,777 per sqft)Sold, January 2021: AED 550,000 (AED 888 per sqft)

603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in Mayfair Residency
50K75K2012201620202024Typical 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, January 2016: AED 87,000 a yearNew contract, February 2017: AED 65,000 a yearNew contract, March 2019: AED 55,000 a yearNew contract, June 2020: AED 42,000 a yearNew contract, July 2021: AED 42,000 a yearNew contract, November 2022: AED 52,000 a yearNew contract, January 2025: AED 85,000 a yearNew contract, January 2025: AED 85,000 a yearNew contract, August 2025: AED 66,000 a yearRenewal, August 2026: AED 66,000 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 603 sits

All 197 1-beds →

603 last sold in January 2021 at AED 888 per sqft, 11% above what one-beds in Mayfair Residency were fetching at the time (AED 798). 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. 603's AED 66,000 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 6th floor

All 212 units in Mayfair Residency
Value
6011-bedAED 850K · May 2013
6021-bedAED 1.26M · Apr 2014
6041-bedAED 892K · Mar 2014
6051-bedAED 620K · Mar 2013
6061-bedAED 1.1M · Aug 2015
6071-bedAED 970K · Mar 2014
6081-bedAED 921K · May 2014
1–7 of 13

603, Mayfair Residency in numbers

  • Sold 3 times: first on 2 October 2013 for AED 849,372, last on 13 January 2021 for AED 550,000 (AED 888 per sqft).
  • Rented since January 2016 on 10 Ejari contracts. The rent fell from AED 87,000 to AED 42,000 in 2021 and recovered to AED 66,000 by August 2026.
  • At AED 66,000 a year the gross yield on the 2021 price is 12.0%, before a service charge of about AED 10,000 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 15 August 2026.

Questions about 603, Mayfair Residency

What did unit 603 last sell for?

AED 550,000 on 13 January 2021: AED 888 per sqft for 619 sqft. The unit has 3 registered sales; the first was AED 849,372 in October 2013.

What is the rent for unit 603?

AED 66,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 66,000; the unit has been rented since January 2016.

How big is unit 603?

619 sqft (57.5 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 603 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 603, Mayfair Residency

Starts from the last sale price (AED 550K, 13 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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