Dubai project data
MAYFAIR RESIDENCY: rents and rent contracts
ميفير ريزيدنس
Registered sales and rent contracts for the project MAYFAIR RESIDENCY in Business Bay, from Dubai Land Department open data.
MAYFAIR RESIDENCY (Business Bay): 115 registered rent contracts in the 12 months to September 2026, median annual rent AED 70,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 70,000
- Gross rental yield
- under 30 sales (21)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in MAYFAIR RESIDENCY
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 21 | AED 1,453 per sq ft | 1,330 – 1,629 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in MAYFAIR RESIDENCY
- Median annual rent per sq ft
- AED 105 per sq ft
- Gross rental yield
- under 30 sales (21)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 21 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in MAYFAIR RESIDENCY
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | 19 | AED 1,422 per sq ft | AED 70,000 | under 30 sales (19) |
| 2 bedrooms | under 3 | under 3 | AED 100,000 | under 3 sales |
| 3 bedrooms | under 3 | under 3 | AED 106,000 | under 3 sales |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in MAYFAIR RESIDENCY
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 15 |
| Nov 2024 | under 3 | under 3 | 20 |
| Dec 2024 | under 3 | under 3 | 6 |
| Jan 2025 | under 3 | under 3 | 4 |
| Feb 2025 | under 3 | under 3 | 15 |
| Mar 2025 | under 3 | under 3 | 5 |
| Apr 2025 | 3 | AED 1,317 per sq ft | 9 |
| May 2025 | under 3 | under 3 | 14 |
| Jun 2025 | under 3 | under 3 | 9 |
| Jul 2025 | under 3 | under 3 | 14 |
| Aug 2025 | under 3 | under 3 | 8 |
| Sep 2025 | 3 | AED 1,574 per sq ft | 11 |
| Oct 2025 | under 3 | under 3 | 19 |
| Nov 2025 | under 3 | under 3 | 17 |
| Dec 2025 | under 3 | under 3 | 7 |
| Jan 2026 | under 3 | under 3 | 4 |
| Feb 2026 | 4 | AED 1,493 per sq ft | 9 |
| Mar 2026 | 3 | AED 1,606 per sq ft | 6 |
| Apr 2026 | under 3 | under 3 | 4 |
| May 2026 | under 3 | under 3 | 6 |
| Jun 2026 | under 3 | under 3 | 5 |
| Jul 2026 | under 3 | under 3 | 13 |
| Aug 2026 | 4 | AED 1,330 per sq ft | 16 |
| Sep 2026 | under 3 | under 3 | 9 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2009 | 92 | AED 1,295 per sq ft |
| 2010 | 41 | AED 1,363 per sq ft |
| 2011 | 26 | AED 1,384 per sq ft |
| 2012 | 46 | AED 1,382 per sq ft |
| 2013 | 77 | AED 1,323 per sq ft |
| 2014 | 82 | AED 1,463 per sq ft |
| 2015 | 23 | AED 1,397 per sq ft |
| 2016 | 22 | AED 1,343 per sq ft |
| 2017 | 12 | AED 1,393 per sq ft |
| 2018 | 8 | AED 1,197 per sq ft |
| 2019 | 6 | AED 909 per sq ft |
| 2020 | 14 | AED 733 per sq ft |
| 2021 | 8 | AED 883 per sq ft |
| 2022 | 26 | AED 963 per sq ft |
| 2023 | 22 | AED 1,109 per sq ft |
| 2024 | 19 | AED 1,264 per sq ft |
| 2025 | 21 | AED 1,466 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
MAYFAIR RESIDENCY is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.
Questions about MAYFAIR RESIDENCY
- How many sales were registered in MAYFAIR RESIDENCY?
- 21 sales were registered in MAYFAIR RESIDENCY in Oct 2025 – Sep 2026.
- What is the median price per sq ft in MAYFAIR RESIDENCY?
- The median price of registered sales in MAYFAIR RESIDENCY was AED 1,453 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in MAYFAIR RESIDENCY?
- The median annual rent of registered rent contracts in MAYFAIR RESIDENCY was AED 70,000 in Oct 2025 – Sep 2026.
- Which DLD area is MAYFAIR RESIDENCY in?
- MAYFAIR RESIDENCY is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae