Mayfair Residency
A 1 bed in Mayfair Residency costs a median AED 980,000, rents long-let for AED 70,000/yr (14.74% gross), and returns 12.95% short-let at the assumed 80% occupancy — +7.6 pts vs Business Bay's 7.14% and +7.8 pts vs Dubai's 6.98% — from 39 sales and 130 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 21 in 12 months
- Rental contracts · 1 bed
- 68 in 12 months
- Buy
- 980,000AED
- AED 1,422/sqft
- Long-let
- 70,000AED
- AED 109/sqft · 14.74%
- Short-let
- 12.95%
- AED 560/night · 0.84/sqft
Price per sqft: Median of 7 registered sales of ready units in the last 6 months, most recent August 2026.
Priced off 4 sales in the last 3 months.
- Yield spread
- +7.6 pts
- vs the Business Bay median for this unit type
- AED/yr/sqft
- AED 109
- Sales
- 39
- Rental contracts
- 130
- Renewal rent
- AED 68,878/yr
- 12 months
- -3.1%
- 3 years
- +7.7%+2.5%/yr
Based on 39 sales and 130 rental contracts in the last 24 months.
Mayfair Residency is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 392 registered sales in all — the 39 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in Mayfair Residency, by year.
Chart data: Jan 2015, 109 AED/yr/sqft; latest, Aug 2026, 97 AED/yr/sqft; peak, Feb 2016, 122 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Mayfair Residency
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.67 AED/night/sqft; latest Sep 2027, 0.7 AED/night/sqft; peak Dec 2026, 0.9 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
23 resales in the last 12 months, against 21 a year on average over 2023–2025.
Sales
4 resales in the last 3 months.
Rental contracts
35 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 19
- Flats
- 213
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Business Bay, on the same figures over the same window.
- Highest rental yields in Business Bay · Mayfair Residency places 2nd of 84
- Prive by DAMAC (A) · 8.70%
- Prive by DAMAC (B) · 8.74%
- Meera Tower · 7.25%
- Amna Tower · 5.84%
- Noura Tower · 5.89%
- Aykon City (2) -Tower C · 6.42%
- DAMAC Towers by Paramount (A) · 8.22%
- DAMAC Towers by Paramount (D) · 7.28%
Common questions
- What is the rental yield in Mayfair Residency?
- Mayfair Residency returns 14.74% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 130 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Mayfair Residency cost?
- The median registered sale price is AED 980,000 (1,463 AED/sqft), from 39 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Mayfair Residency selling for right now?
- Registered sales of ready units in Mayfair Residency over the last 6 months have a median of 1,422 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Mayfair Residency risen or fallen?
- Median price per square foot moved +1.5% over the last 12 months against the 12 before it, on 39 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Mayfair Residency compare with Business Bay?
- Its 14.74% gross yield sits +7.6 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.
Mayfair Residency rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 130 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/business-bay/mayfair-residency
Cite as: Dubai Wealth Index. “Mayfair Residency rents and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/mayfair-residency.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.