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1-bed · 859 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

606, Mayfair Residency

Sold prices and rental history: sold twice, last in August 2015, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 16 August 2015
Last soldAED 1.1M16 August 2015
Current rentAED 58K /yr28 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, Mayfair Residency

What is 606 worth today?

Last sold for AED 1,100,000 in 2015

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16 Aug 2015SoldReady
AED 1,100,000AED 1,280 per sqft
28 Feb 2014RentedNew contract
AED 57,750/yr12 months · AED 67 per sqft
25 Feb 2014Sold by developerReady
AED 1,101,494AED 1,282 per sqft

Source: Dubai Land Department. Updated 16 August 2015.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
6th of 18
Parking
B1-08
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 1.1M · August 2015
Building
Mayfair Residency

About 606, Mayfair Residency

606 is a one-bedroom apartment of 859 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 16 August 2015 for AED 1,100,000, or AED 1,280 per sqft, 12% below the AED 1,447 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 February 2014. The current contract, signed on 28 February 2014, is AED 57,750 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 13,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, February 2014: AED 1,101,494 (AED 1,282 per sqft)Sold, August 2015: AED 1,100,000 (AED 1,280 per sqft)

606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 606, 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, February 2014: AED 57,750 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 606 sits

All 197 1-beds →

606 last sold in August 2015 at AED 1,280 per sqft, 12% below what one-beds in Mayfair Residency were fetching at the time (AED 1,447). 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. 606's AED 57,750 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
6031-bedAED 550K · Jan 2021
6041-bedAED 892K · Mar 2014
6051-bedAED 620K · Mar 2013
6071-bedAED 970K · Mar 2014
6081-bedAED 921K · May 2014
1–7 of 13

606, Mayfair Residency in numbers

  • Sold twice: first on 25 February 2014 for AED 1,101,494, last on 16 August 2015 for AED 1,100,000 (AED 1,280 per sqft).
  • Rented since February 2014 on one Ejari contract, at AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 13,900 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 16 August 2015.

Questions about 606, Mayfair Residency

What did unit 606 last sell for?

AED 1,100,000 on 16 August 2015: AED 1,280 per sqft for 859 sqft. The unit has 2 registered sales; the first was AED 1,101,494 in February 2014.

What is the rent for unit 606?

AED 57,750 a year on the contract signed on 28 February 2014.

How big is unit 606?

859 sqft (79.8 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 606 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 606, Mayfair Residency

Starts from the last sale price (AED 1.1M, 16 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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