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1-bed · 605 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

605, Mayfair Residency

Sold prices and rental history: sold 3 times, last in March 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 17 March 2013
Last soldAED 620K17 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, Mayfair Residency

What is 605 worth today?

Last sold for AED 620,000 in 2013

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17 Mar 2013SoldReady
AED 620,000AED 1,024 per sqft
22 Nov 2012SoldReady
AED 865,735AED 1,430 per sqft
11 Jun 2009Sold by developerOff-plan
AED 815,735AED 1,347 per sqft

Source: Dubai Land Department. Updated 17 March 2013.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
6th of 18
Parking
P2-15
Developer
Deyaar
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 620K · March 2013
Building
Mayfair Residency

About 605, Mayfair Residency

605 is a one-bedroom apartment of 605 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 17 March 2013 for AED 620,000, or AED 1,024 per sqft, 11% below the AED 1,157 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 605 over time

Sales
Unit 605, 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, June 2009: AED 815,735 (AED 1,347 per sqft)Sold, November 2012: AED 865,735 (AED 1,430 per sqft)Sold, March 2013: AED 620,000 (AED 1,024 per sqft)

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

Rents
Unit 605, 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 67,000

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 605 sits

All 197 1-beds →

605 last sold in March 2013 at AED 1,024 per sqft, 11% below what one-beds in Mayfair Residency were fetching at the time (AED 1,157). 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.

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
6031-bedAED 550K · Jan 2021
6041-bedAED 892K · Mar 2014
6061-bedAED 1.1M · Aug 2015
6071-bedAED 970K · Mar 2014
6081-bedAED 921K · May 2014
1–7 of 13

605, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 815,735, last on 17 March 2013 for AED 620,000 (AED 1,024 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 17 March 2013.

Questions about 605, Mayfair Residency

What did unit 605 last sell for?

AED 620,000 on 17 March 2013: AED 1,024 per sqft for 605 sqft. The unit has 3 registered sales; the first was AED 815,735 in June 2009.

How big is unit 605?

605 sqft (56.2 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 605 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 605, Mayfair Residency

Starts from the last sale price (AED 620K, 17 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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