1-bed · 649 sqftMayfair Residency, Business Bay · 6th floor · completed 2011

614, Mayfair Residency

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

Unit 614 · DLD and Ejari recordsUpdated 22 February 2025
Last soldAED 915K25 June 2014
Current rentAED 70K /yr22 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Mayfair Residency

What is 614 worth today?

Last sold for AED 914,603 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 108 per sqft
1 Aug 2024RentedRenewal
AED 106,667/yr7 months · AED 165 per sqft
1 Aug 2024RentedRenewal
AED 106,667/yr7 months · AED 165 per sqft
1 Aug 2023RentedRenewal
AED 52,800/yr12 months · AED 82 per sqft
1 Aug 2022RentedRenewal
AED 43,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedNew contract
AED 44,000/yr12 months · AED 68 per sqft
3 Mar 2020RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
3 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 22 February 2025.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
6th of 18
Parking
B1-14
Developer
Deyaar
Completed
2011
Service charge
AED 10,500 /yr
Last sold
AED 915K · June 2014

About 614, Mayfair Residency

614 is a one-bedroom apartment of 649 sqft on the 6th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 25 June 2014 for AED 914,603, or AED 1,409 per sqft, in line with the AED 1,414 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 22 February 2025, is AED 70,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 10,500 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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 864,602 (AED 1,332 per sqft)Sold, June 2014: AED 914,603 (AED 1,409 per sqft)

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

Rents
Unit 614, each contractTypical one-bed in Mayfair Residency
50K100K2012201620202024Typical 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 70,000 a yearNew contract, August 2015: AED 72,000 a yearNew contract, September 2016: AED 67,438 a yearNew contract, September 2017: AED 70,000 a yearNew contract, March 2019: AED 55,000 a yearRenewal, March 2020: AED 50,000 a yearNew contract, August 2021: AED 44,000 a yearRenewal, August 2022: AED 43,000 a yearRenewal, August 2023: AED 52,800 a yearRenewal, August 2024: AED 106,667 a yearRenewal, August 2024: AED 106,667 a yearRenewal, February 2025: AED 70,000 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 614 sits

All 197 1-beds →

614 last sold in June 2014 at AED 1,409 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,414). 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. 614's AED 70,000 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

614, Mayfair Residency in numbers

  • Sold twice: first on 11 June 2009 for AED 864,602, last on 25 June 2014 for AED 914,603 (AED 1,409 per sqft).
  • Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2022 and recovered to AED 70,000 by February 2025.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 10,500 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 22 February 2025.

Questions about 614, Mayfair Residency

What did unit 614 last sell for?

AED 914,603 on 25 June 2014: AED 1,409 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 864,602 in June 2009.

What is the rent for unit 614?

AED 70,000 a year on the contract renewed on 22 February 2025. The previous contract, from August 2024, was AED 106,667; the unit has been rented since July 2014.

How big is unit 614?

649 sqft (60.3 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2011.

What is unit 614 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.

Selling 614? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 614, Mayfair Residency

Starts from the last sale price (AED 915K, 25 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 914,603
Deposit, UAE resident (20%)
AED 182,921
Deposit, non-resident (40%)
AED 365,841
Monthly over 25 years at 3.7%
AED 3,742

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