1-bed · 614 sqftMayfair Residency, Business Bay · 7th floor · completed 2011

707, Mayfair Residency

Sold prices and rental history: sold 4 times, last in February 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 27 December 2025
Last soldAED 650K11 February 2020
Current rentAED 75K /yr27 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Mayfair Residency

What is 707 worth today?

Last sold for AED 650,000 in 2020

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27 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
11 Nov 2025RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
1 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
26 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
25 May 2021RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
9 May 2021RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
17 Apr 2020RentedNew contract
AED 54,000/yr12 months · AED 88 per sqft
11 Feb 2020SoldReady
AED 650,000AED 1,059 per sqft

Source: Dubai Land Department. Updated 27 December 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
7th of 18
Parking
P1-17
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 650K · February 2020

About 707, Mayfair Residency

707 is a one-bedroom apartment of 614 sqft on the 7th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 11 February 2020 for AED 650,000, or AED 1,059 per sqft, 13% above the AED 935 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 27 December 2025, is AED 75,000 a year: a gross yield of 11.5% on the 2020 price, before the service charge of about AED 9,900 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 761,904 (AED 1,241 per sqft)Sold, March 2013: AED 811,904 (AED 1,322 per sqft)Sold, October 2017: AED 1,050,000 (AED 1,710 per sqft)Sold, February 2020: AED 650,000 (AED 1,059 per sqft)

707 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, 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, April 2016: AED 50,000 a yearNew contract, May 2017: AED 60,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, April 2020: AED 54,000 a yearNew contract, May 2021: AED 45,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, June 2023: AED 65,000 a yearNew contract, August 2024: AED 70,000 a yearNew contract, November 2025: AED 75,000 a yearNew contract, December 2025: AED 75,000 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 707 sits

All 197 1-beds →

707 last sold in February 2020 at AED 1,059 per sqft, 13% above what one-beds in Mayfair Residency were fetching at the time (AED 935). 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. 707's AED 75,000 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 7th floor

All 212 units in Mayfair Residency
Value
7011-bedAED 242K · Mar 2012
7021-bedAED 1.33M · Jun 2014
7031-bedAED 635K · Jan 2020
7041-bedAED 830K · Dec 2017
7051-bedAED 550K · Dec 2019
7061-bedAED 1.05M · Jun 2009
7081-bedAED 750K · Feb 2018
1–7 of 13

707, Mayfair Residency in numbers

  • Sold 4 times: first on 11 June 2009 for AED 761,904, last on 11 February 2020 for AED 650,000 (AED 1,059 per sqft).
  • Rented since April 2016 on 10 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 11.5%, before a service charge of about AED 9,900 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 27 December 2025.

Questions about 707, Mayfair Residency

What did unit 707 last sell for?

AED 650,000 on 11 February 2020: AED 1,059 per sqft for 614 sqft. The unit has 4 registered sales; the first was AED 761,904 in June 2009.

What is the rent for unit 707?

AED 75,000 a year on the contract signed on 27 December 2025. The previous contract, from November 2025, was AED 75,000; the unit has been rented since April 2016.

How big is unit 707?

614 sqft (57.0 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2011.

What is unit 707 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 707, Mayfair Residency

Starts from the last sale price (AED 650K, 11 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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