1-bed · 605 sqftMayfair Residency, Business Bay · 8th floor · completed 2011

805, Mayfair Residency

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 1.07M22 October 2024
Current rentAED 96K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Mayfair Residency

What is 805 worth today?

Last sold for AED 1,070,000 in 2024

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22 Oct 2024SoldReady
AED 1,070,000AED 1,767 per sqft
1 Dec 2023RentedNew contract
AED 96,000/yr8 months · AED 159 per sqft
25 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 79 per sqft
4 Nov 2021SoldReady
AED 550,500AED 909 per sqft
25 Jul 2021RentedRenewal
AED 40,000/yr12 months · AED 66 per sqft
25 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 66 per sqft
5 Apr 2020RentedRenewal
AED 57,000/yr12 months · AED 94 per sqft
5 Apr 2018RentedRenewal
AED 68,001/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
8th of 18
Parking
P2-02
Developer
Deyaar
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 1.07M · October 2024

About 805, Mayfair Residency

805 is a one-bedroom apartment of 605 sqft on the 8th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 22 October 2024 for AED 1,070,000, or AED 1,767 per sqft, 39% above the AED 1,275 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 December 2023, is AED 96,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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 822,158 (AED 1,358 per sqft)Sold, October 2014: AED 847,157 (AED 1,399 per sqft)Sold, October 2016: AED 820,000 (AED 1,354 per sqft)Sold, November 2021: AED 550,500 (AED 909 per sqft)Sold, October 2024: AED 1,070,000 (AED 1,767 per sqft)

805 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, 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, April 2016: AED 70,000 a yearNew contract, April 2017: AED 70,000 a yearRenewal, April 2018: AED 68,001 a yearRenewal, April 2020: AED 57,000 a yearNew contract, July 2020: AED 40,000 a yearRenewal, July 2021: AED 40,000 a yearRenewal, July 2022: AED 48,000 a yearNew contract, December 2023: AED 96,000 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 805 sits

All 197 1-beds →

805 last sold in October 2024 at AED 1,767 per sqft, 39% above what one-beds in Mayfair Residency were fetching at the time (AED 1,275). 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. 805's AED 96,000 is in the upper 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 8th floor

All 212 units in Mayfair Residency
Value
8011-bedAED 1.05M · Jun 2025
8021-bedAED 710K · Feb 2023
8031-bedAED 1.22M · Feb 2025
8041-bedAED 891K · Jun 2012
8061-bedAED 890K · Oct 2023
8071-bedAED 900K · Jan 2015
8081-bedAED 600K · Nov 2022
1–7 of 13

805, Mayfair Residency in numbers

  • Sold 5 times: first on 15 June 2009 for AED 822,158, last on 22 October 2024 for AED 1,070,000 (AED 1,767 per sqft).
  • Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 96,000 by December 2023.
  • At AED 96,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 9,800 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 October 2024.

Questions about 805, Mayfair Residency

What did unit 805 last sell for?

AED 1,070,000 on 22 October 2024: AED 1,767 per sqft for 605 sqft. The unit has 5 registered sales; the first was AED 822,158 in June 2009.

What is the rent for unit 805?

AED 96,000 a year on the contract signed on 1 December 2023. The previous contract, from July 2022, was AED 48,000; the unit has been rented since April 2016.

How big is unit 805?

605 sqft (56.2 sqm): a one-bedroom apartment on the 8th floor of a 18-storey tower completed in 2011.

What is unit 805 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 805, Mayfair Residency

Starts from the last sale price (AED 1.07M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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