Mayfair Residency, Business Bay: sale prices and transactions
Mayfair Residency is a project registered with the Dubai Land Department (project no. 52) in Business Bay. Since June 2009, 561 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 20 sales closed at a median AED 15,763 per m² (AED 1,464 per sq ft).
- AED 15,763median price per m²
- AED 1,464median price per sq ft
- 561sales since 2009
- 20sales in 12 months
- -0%change year on year
- 213registered homes
Its price per m² is 38.2% below the Business Bay median (AED 25,523/m²). Sales combine off-plan purchases (23.7%) and resales of completed homes.
Mayfair Residency prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 18 | AED 987,500 | 57 m² |
Mayfair Residency price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 6 | AED 9,780 | AED 909 | — |
| 2020 | 14 | AED 7,927 | AED 736 | -18.9% |
| 2021 | 8 | AED 9,537 | AED 886 | +20.3% |
| 2022 | 26 | AED 10,375 | AED 964 | +8.8% |
| 2023 | 22 | AED 12,021 | AED 1,117 | +15.9% |
| 2024 | 19 | AED 13,601 | AED 1,264 | +13.1% |
| 2025 | 21 | AED 15,784 | AED 1,466 | +16.1% |
| 2026 (to mid-October) | 16 | AED 15,763 | AED 1,464 | -0.1% |
Mayfair Residency rents
111 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 6.9%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 106 | AED 68,000 | 64,038 – 75,000 | AED 67,034 |
Registered homes at Mayfair Residency
The DLD register lists 213 homes for this project across 1 building (up to 19 floors), with a median size of 59 m².
- 1 bedroom: 198
- 3 bedrooms: 15
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- California Village, Wadi Al Safa 4 — AED 15,745/m²
- One Park Square by Iman, Jumeirah Village Circle — AED 15,766/m²
- La Cle by Maaia Developers, Al Furjan — AED 15,742/m²
- Allura Residences by Citi Developers, Jumeirah Village Circle — AED 15,771/m²
Other projects in Business Bay
- Water's Edge — AED 15,742/m²
- Millennium Binghatti Residences Business Bay — AED 15,896/m²
- Safeer Tower 2 — AED 16,004/m²
- Ag Tower — AED 15,491/m²
- Executive Bay B — AED 15,418/m²
- Bay Square — AED 15,393/m²
- Mayfair Tower — AED 15,318/m²
- West Wharef Tower — AED 16,251/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Mayfair Residency?
Over the last 12 months the median is AED 1,464 per sq ft (AED 15,763 per m²) across 20 DLD sales.
How much is a 1 bedroom at Mayfair Residency?
Median sale price AED 987,500 for a median 57 m², across 18 sales over the last 12 months.
How many sales have been registered at Mayfair Residency?
561 residential sales registered with the DLD between June 2009 and September 2026, 23.7% of them off-plan.
Where is Mayfair Residency?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.