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Mayfair Residency

A 1 bed in Mayfair Residency costs a median AED 987,500, rents long-let for AED 68,000/yr (6.9% gross), and returns 11.1% short-term at the assumed 70% occupancy.

Satellite view of Mayfair Residency, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

987,500AED

AED 1,449/sqft · -1.1% on a year

Rent a year
AED 68,000
Yield after service charge
5.8%
vs Business Bay
27% below the median
Cost to buy, all inAED 1.05M
Price
AED 987,500
DLD fee 4%
AED 39,500
Agent 2% + VAT
AED 20,738
Trustee
AED 4,200

Fees repaid by net rent14 months

Against this building’s registered sales of the same type.

Ask about Mayfair Residency →

Is Mayfair Residency a good investment?Rents are slipping and lots of new supply is coming

  1. Does it pay a good rent?6.9% gross, 5.8% after the service charge (Dubai median 6.8%)6.9%Fair
  2. Is it easy to let?53% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%53%Fair
    Business Bay median 41% · top tenth from 69%Mayfair Residency · 53%

    Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Mayfair Residency is at 53%.

  3. Are rents going up?New 1 bed leases: AED 71,900 a year ago, AED 68,000 now-5.4%Watch
  4. Are prices going up?1 bed: AED 1,465/sqft a year ago, 1,449 now-1.1%Fair
  5. How fast do fees pay back?AED 64,438 in fees to buy a 1 bed; net rent covers it in 1.1 years1.1 yrsFair
  6. Can I sell easily?20 sales in 12 months, 9% of the tower (22 the year before)20Fair
  7. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  8. Did earlier buyers gain?Up 65% for buyers 5 years ago; up 11% for launch buyers, before fees+65.3%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Mayfair Residency prices and rents by unit typeA one-bed costs about AED 987,500 and rents for about AED 68,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed198 units · 633 sqftAED 987,5001,449/sqftlaunch 1,315 +10.2%6.9%+0.3 ptsAED 68,00065 contracts-1.1%18
3 bed15 units · 1,244 sqftAED 2.10M1,615/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

3 years
+30.6% · +9.3%/yr
5 years
+63.5% · +10.3%/yr
vs area median
-27.0%
Rank by price per sqft
93rd of 121

Rental income

1 bed · Business Bay

Median new rent
AED 68,000/yr
Yield vs area median
+0.3 pts
Yield vs Dubai (6.8%)
+0.1 pts
Yield rank
25th of 76
Renewal rent
AED 68,250/yr

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 560
Net revenue
AED 109,471/yr
vs long-let rent
1.6×
Listings seen
2+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Jun 2009, AED 840,102; latest, Sep 2026, AED 437,500; peak, Feb 2026, AED 1,125,000. Rent on new leases: Dec 2007, AED 9,750 a year; latest, Oct 2026, AED 66,035.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,464 · before fees

Launch, 2009–10
1,317
+11%
5 years ago
886
+65%
3 years ago
1,117
+31%
Previous 12 months
1,465
0%
Last 12 months
1,464
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

20 resales in the last 12 months, against 21 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
3 Sept 20261 bed298AED 400,0001,343
12 Aug 20261 bed317AED 450,0001,422
12 Aug 20261 bed324AED 450,0001,387
12 Aug 20261 bed376AED 500,0001,330
12 Aug 20261 bed416AED 540,1991,298
14 May 20263 bed1,238AED 2,200,0001,777
23 Apr 20261 bed644AED 950,0001,476
26 Mar 20263 bed1,377AED 2,000,0001,453
13 Mar 20261 bed623AED 1,000,0001,606
11 Mar 20261 bed614AED 1,250,0002,037

20 resales in the last 12 months.

Short-term rates around Mayfair Residency

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed2+ listings seen5600.82/sqftAED 109,471AED 68,0001.6×11.1%
Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Mayfair Residency places 123rd of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
119West Heights 1AED 2.20M1,488+1.6%—+3.6%30
120Safeer Tower 2Completed 2017 · off-plan 1,695/sqftAED 750,0001,487+1.5%7.5%+15.1%15
121West Heights 4AED 2.19M1,482+1.2%—+6.8%20
122Millennium Binghatti Residences Business BayCompleted 2021 · off-plan 1,252/sqftAED 1.23M1,477+0.8%7.3%-2.8%18
123Mayfair Residency · this buildingCompleted 2011 · off-plan 1,315/sqftAED 1.00M1,4646.9%0.0%20
124Ag TowerCompleted 2021 · off-plan 1,418/sqftAED 891,0001,446-1.3%7.9%-3.8%39
125Vezul ResidenceAED 1.47M1,435-2.0%—-2.8%11
126Executive Bay-ACompleted 2014 · off-plan 1,235/sqftAED 995,0001,432-2.2%7.6%+4.4%13
127East Heights 1AED 3.05M1,426-2.6%—+6.2%10

Rank 1 is the dearest per square foot. Differences are against Mayfair Residency (AED 1,464/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Mayfair Residency has registered sale prices 27% below the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 93rd of 121 by price per square foot and 25th of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Mayfair Residency

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Mayfair Residency

Mayfair Residency is an apartment building completed in 2011 by Deyaar Development in Business Bay with 213 registered units. 196 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 16.26/sqft a year · 2026 budget
Floors
19
Master developer
Deyaar Development

Drive times · typical

Downtown
13 min · 5.2 km
DXB Airport
15 min · 15 km
DIFC
10 min · 10 km
Dubai Marina
19 min · 20 km
Palm Jumeirah
25 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Mayfair Residency: AED 1,464 per sq ft, 28% below the median Business Bay building, and a 6.9% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Mayfair ResidencyAED 1,464
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Mayfair ResidencyBusiness Bay median building

  1. Business Bay6.9% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

More from Deyaar Development

Prices per sq ft around Mayfair Residency, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Mayfair Residency is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Mayfair Residency’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
4,391AED
4.5% over 25 years
Monthly rent
5,667AED
AED 68,000 a year
Cash needed at purchase
274,813AED
20% down plus AED 77,313 in fees

Owning costs AED 250,552 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Mayfair Residency

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Common questions

What is the rental yield in Mayfair Residency?
Mayfair Residency returns 6.9% gross: a median new-contract rent of AED 68,000 a year (65 Ejari contracts in 12 months) over a price benchmark of AED 987,500 (median of 18 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Mayfair Residency cost?
The median registered sale price is AED 987,500 (1,449 AED/sqft), from 18 Dubai Land Department sales in the last 12 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 12 months have a median of 1,449 AED/sqft, across 18 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Mayfair Residency risen or fallen?
Median price per square foot moved -1.1% over the last 12 months against the 12 before it, on 18 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Mayfair Residency compare with Business Bay?
Its 6.9% gross yield sits +0.3 pts against the Business Bay median of 6.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Mayfair Residency sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
18 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/business-bay/mayfair-residency
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mayfair Residency sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/mayfair-residency

Stable dataJSON