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Sold for AED 450,000: 1-Bedroom Apartment in Mayfair Residency

Located in Business Bay, Dubai.

All Business Bay salesMayfair Residency prices

Sale price

AED 450,000

Per sqft
Not calculated
Registered
12 Aug 2026, 11:58 (Dubai)
Mayfair Residency, Dubai

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P2-34).

Comparable sales

02 / The property

Property details

Size
649 sqft · 60.29 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P2-34
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Mayfair Residency (20 Jan 2026 – 3 Sept 2026)

16 market sales. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
3 Sept 2026400K−11% vs selected—— vs selected
12 Aug 2026540.2K+20% vs selected—— vs selected
12 Aug 2026500K+11% vs selected—— vs selected
1 BR · 649 sqftReadySelected sale
12 Aug 2026450K—
12 Aug 2026450K0% vs selected—— vs selected
14 May 20262.2M+389% vs selected1,777— vs selected
23 Apr 2026950K+111% vs selected1,476— vs selected
26 Mar 20262M+344% vs selected1,453— vs selected
13 Mar 20261M+122% vs selected1,606— vs selected
11 Mar 20261.25M+178% vs selected2,037— vs selected
25 Feb 20261.4M+211% vs selected2,281— vs selected
25 Feb 20261.5M+233% vs selected2,369— vs selected
18 Feb 20261M+123% vs selected978— vs selected
11 Feb 2026945K+110% vs selected1,493— vs selected
27 Jan 20261M+122% vs selected1,606— vs selected
20 Jan 2026930K+107% vs selected1,005— vs selected

04 / Renting it out

What similar apartments rent for

Median of 7 market rents of apartments of 552–746 sq ft in Mayfair Residency. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 67,000
Per sqft / yr
AED 109/sqft
Gross yield
14.9%