Mayfair Residency, Business Bay

    Sold Prices · DLD Data

    Mayfair Residency

    Business Bay, Dubai · Business Bay

    AED 1,387

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    15

    DLD Sales Recorded

    9.2%

    Est. Gross Yield

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    Market snapshot

    Mayfair Residency — the numbers

    Mayfair Residency is a residential building in Business Bay, Dubai with approximately 217 units. Dubai Land Department records show 15 sales in the building, at an average price of AED 1.1M — around AED 1,387 per square foot.

    Since January 2026, 13 sales completed in Mayfair Residency, with the average price per square foot moving from AED 1,306 to AED 679 (-48%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Mayfair Residency returns an estimated 9.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Mayfair Residency; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Mayfair Residency

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-48%

    8171,2301,642Jan 26: AED 1,306/sqft · 2 salesJan 26Feb 26: AED 1,780/sqft · 4 salesFeb 26Mar 26: AED 1,698/sqft · 3 salesMar 26Aug 26: AED 679/sqft · 4 salesAug 26

    Unit types

    Prices by unit type

    1 Bed

    AED 917K

    AED 1,351/sqft

    13 sales · last 12 months

    3 Bed

    AED 2.1M

    AED 1,615/sqft

    2 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    12 Aug 2026Sales1832AED 540KAED 649
    12 Aug 2026Sales1752AED 500KAED 665
    12 Aug 2026Sales1649AED 450KAED 693
    12 Aug 2026Sales1633AED 450KAED 711
    14 May 2026Sales31,238AED 2.2MAED 1,777
    23 Apr 2026Sales1644AED 950KAED 1,476
    26 Mar 2026Sales31,377AED 2.0MAED 1,453
    13 Mar 2026Sales1623AED 1.0MAED 1,606
    11 Mar 2026Sales1614AED 1.3MAED 2,037
    25 Feb 2026Sales1614AED 1.4MAED 2,281
    25 Feb 2026Sales1633AED 1.5MAED 2,369
    18 Feb 2026Sales11,028AED 1.0MAED 978
    11 Feb 2026Sales1633AED 945KAED 1,493
    27 Jan 2026Sales1623AED 1.0MAED 1,606
    20 Jan 2026Sales1925AED 930KAED 1,005

    About the area

    Mayfair Residency is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Mayfair Residency: frequently asked questions

    What is the average price in Mayfair Residency?

    The average recorded sale price in Mayfair Residency, Business Bay is AED 1.1M, around AED 1,387 per square foot, based on Dubai Land Department transaction data.

    Are prices in Mayfair Residency going up or down?

    Average sale prices in Mayfair Residency have eased -48% per square foot since January 2026, across 13 DLD-recorded sales.

    What rental yield can I expect in Mayfair Residency?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Mayfair Residency yields roughly 9.2% gross per year, before service charges and fees.

    How many properties have sold in Mayfair Residency?

    15 sales have been recorded in Mayfair Residency according to DLD data, across approximately 217 units.

    Considering Mayfair Residency?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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