1-bed · 649 sqftMayfair Residency, Business Bay · 7th floor · completed 2011

714, Mayfair Residency

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 671K13 January 2013
Current rentAED 63K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Mayfair Residency

What is 714 worth today?

Last sold for AED 670,755 in 2013

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1 Feb 2026RentedRenewal
AED 62,760/yr12 months · AED 97 per sqft
1 Feb 2025RentedRenewal
AED 59,771/yr12 months · AED 93 per sqft
1 Feb 2024RentedRenewal
AED 56,925/yr12 months · AED 88 per sqft
1 Feb 2023RentedRenewal
AED 51,750/yr12 months · AED 80 per sqft
1 Feb 2022RentedRenewal
AED 44,000/yr12 months · AED 68 per sqft
1 Feb 2021RentedRenewal
AED 45,000/yr12 months · AED 70 per sqft
1 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
1 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
7th of 18
Parking
B1-60
Developer
Deyaar
Completed
2011
Service charge
AED 10,500 /yr
Last sold
AED 671K · January 2013

About 714, Mayfair Residency

714 is a one-bedroom apartment of 649 sqft on the 7th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 13 January 2013 for AED 670,755, or AED 1,033 per sqft, 18% below the AED 1,253 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 62,760 a year: a gross yield of 9.4% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, January 2013: AED 670,755 (AED 1,033 per sqft)

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

Rents
Unit 714, 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, December 2016: AED 72,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, February 2020: AED 50,000 a yearRenewal, February 2021: AED 45,000 a yearRenewal, February 2022: AED 44,000 a yearRenewal, February 2023: AED 51,750 a yearRenewal, February 2024: AED 56,925 a yearRenewal, February 2025: AED 59,771 a yearRenewal, February 2026: AED 62,760 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 714 sits

All 197 1-beds →

714 last sold in January 2013 at AED 1,033 per sqft, 18% below what one-beds in Mayfair Residency were fetching at the time (AED 1,253). 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. 714's AED 62,760 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
7071-bedAED 650K · Feb 2020
1–7 of 13

714, Mayfair Residency in numbers

  • Sold once: by Deyaar on 13 January 2013 for AED 670,755, or AED 1,033 per sqft.
  • Rented since December 2016 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 44,000 in 2022 and recovered to AED 62,760 by February 2026.
  • At AED 62,760 a year the gross yield on the 2013 price is 9.4%, 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 1 February 2026.

Questions about 714, Mayfair Residency

What did unit 714 last sell for?

AED 670,755 on 13 January 2013, sold by the developer: AED 1,033 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 62,760 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 59,771; the unit has been rented since December 2016.

How big is unit 714?

649 sqft (60.3 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2011.

What is unit 714 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 714, Mayfair Residency

Starts from the last sale price (AED 671K, 13 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 670,755
Deposit, UAE resident (20%)
AED 134,151
Deposit, non-resident (40%)
AED 268,302
Monthly over 25 years at 3.7%
AED 2,744

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