1-bed · 644 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

608, Mayfair Residency

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 921K5 May 2014
Current rentAED 68K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Mayfair Residency

What is 608 worth today?

Last sold for AED 921,392 in 2014

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1 Nov 2025RentedNew contract
AED 68,000/yr12 months · AED 106 per sqft
15 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
15 Aug 2022RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
15 Aug 2021RentedRenewal
AED 35,000/yr12 months · AED 54 per sqft
15 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 54 per sqft
15 Jul 2014RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
5 May 2014Sold by developerReady
AED 921,392AED 1,431 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
6th of 18
Parking
B2-34
Developer
Deyaar
Completed
2011
Service charge
AED 10,400 /yr
Last sold
AED 921K · May 2014

About 608, Mayfair Residency

608 is a one-bedroom apartment of 644 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 5 May 2014 for AED 921,392, or AED 1,431 per sqft, in line with the AED 1,390 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 November 2025, is AED 68,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, May 2014: AED 921,392 (AED 1,431 per sqft)

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

Rents
Unit 608, 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, July 2014: AED 75,000 a yearNew contract, August 2020: AED 35,000 a yearRenewal, August 2021: AED 35,000 a yearRenewal, August 2022: AED 42,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, November 2025: AED 68,000 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 608 sits

All 197 1-beds →

608 last sold in May 2014 at AED 1,431 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,390). 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. 608's AED 68,000 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
6031-bedAED 550K · Jan 2021
6041-bedAED 892K · Mar 2014
6051-bedAED 620K · Mar 2013
6061-bedAED 1.1M · Aug 2015
6071-bedAED 970K · Mar 2014
1–7 of 13

608, Mayfair Residency in numbers

  • Sold once: by Deyaar on 5 May 2014 for AED 921,392, or AED 1,431 per sqft.
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 35,000 in 2021 and recovered to AED 68,000 by November 2025.
  • At AED 68,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 10,400 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 November 2025.

Questions about 608, Mayfair Residency

What did unit 608 last sell for?

AED 921,392 on 5 May 2014, sold by the developer: AED 1,431 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 68,000 a year on the contract signed on 1 November 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since July 2014.

How big is unit 608?

644 sqft (59.8 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 608 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 608, Mayfair Residency

Starts from the last sale price (AED 921K, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 921,392
Deposit, UAE resident (20%)
AED 184,278
Deposit, non-resident (40%)
AED 368,557
Monthly over 25 years at 3.7%
AED 3,770

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