Skip to content

Ready building · Deyaar

Mayfair Residency, Business Bay

Highlights

Mayfair Residency at a glance

About Mayfair Residency

Mayfair Residency is a mixed-use building in Business Bay, Dubai, developed by Deyaar. It holds about 217 units: 1-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2011 and has been in use for about 15 years. 19 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,464 per sq ft.

Mayfair Residency is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by Deyaar
  • Completed in Q1 2011
  • Unit types: 1 Bed, 3 Beds, Commercial
  • Sizes from 600 to 1,430 sq ft
  • Views: Community
  • Service charge from AED 10.22 per sq ft
  • Business Bay metro station 2 km away
Status
Ready
Developer
Deyaar
Location
Business Bay, Dubai
Completed
Q1 2011
Unit types
1 Bed, 3 Beds, Commercial
Prices from
AED 387.0K
Median price per sq ft
AED 1,464
Median gross yield
7.2%
Service charge
AED 16.03 per sq ft (2026)
Nearest metro
District 1 near High Speed Rail line, 0.8 km

Photos of Mayfair Residency

Building details

Inside Mayfair Residency

Properties in Mayfair Residency

1-bedroom apartments in Mayfair Residency

There are about 198 of these in Mayfair Residency, from 600 to 1,290 sq ft. They have recently sold for a median of AED 975.0K, or AED 1,420 per sq ft.

3-bedroom apartments in Mayfair Residency

There are about 15 of these in Mayfair Residency, from 1,240 to 1,430 sq ft. They have recently sold for a median of AED 2.1M, or AED 1,610 per sq ft. Owners who resold made a median 11% over what they paid.

Commercial units in Mayfair Residency

There are about 4 of these in Mayfair Residency, from 1,120 to 1,250 sq ft. None has sold recently enough to quote a price.

Unit types in Mayfair Residency with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed198600 sqft55.7 sqmt – 1,290 sqft119.8 sqmtAED 975KAED 66.5K
3 Beds151,240 sqft115.2 sqmt – 1,430 sqft132.9 sqmtAED 2.1M–
Commercial41,120 sqft104.1 sqmt – 1,250 sqft116.1 sqmtNo recent sales–

Recent transactions in Mayfair Residency

  • Mayfair Residency

    Business Bay

    AED 400K

    AED 1,342 /sqftAED 14,445 /sqmt

    ReadyApartment
    596 sqft55.4 sqmt1 BedOwner3 Sept 2026
  • Mayfair Residency

    Business Bay

    AED 500K

    AED 1,330 /sqftAED 14,316 /sqmt

    ReadyApartment
    752 sqft69.9 sqmt1 BedOwner12 Aug 2026
  • Mayfair Residency

    Business Bay

    AED 540.2K

    AED 1,299 /sqftAED 13,982 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner12 Aug 2026
  • Mayfair Residency

    Business Bay

    AED 450K

    AED 1,389 /sqftAED 14,951 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner12 Aug 2026
  • Mayfair Residency

    Business Bay

    AED 450K

    AED 1,420 /sqftAED 15,285 /sqmt

    ReadyApartment
    633 sqft58.8 sqmt1 BedOwner12 Aug 2026
  • Mayfair Residency

    Business Bay

    AED 2.2M

    AED 1,777 /sqftAED 19,127 /sqmt

    ReadyApartment
    1,238 sqft115 sqmt3 BedsOwner14 May 2026
  • Mayfair Residency

    Business Bay

    AED 950K

    AED 1,475 /sqftAED 15,877 /sqmt

    ReadyApartment
    644 sqft59.8 sqmt1 BedOwner23 Apr 2026
  • Mayfair Residency

    Business Bay

    AED 2M

    AED 1,452 /sqftAED 15,629 /sqmt

    ReadyApartment
    1,377 sqft127.9 sqmt3 BedsOwner26 Mar 2026
  • Mayfair Residency

    Business Bay

    AED 1M

    AED 1,605 /sqftAED 17,276 /sqmt

    ReadyApartment
    623 sqft57.9 sqmt1 BedOwner13 Mar 2026
  • Mayfair Residency

    Business Bay

    AED 1.3M

    AED 2,036 /sqftAED 21,915 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner11 Mar 2026
  • Mayfair Residency

    Business Bay

    AED 1.5M

    AED 2,370 /sqftAED 25,510 /sqmt

    ReadyApartment
    633 sqft58.8 sqmt1 BedOwner25 Feb 2026
  • Mayfair Residency

    Business Bay

    AED 1.4M

    AED 2,280 /sqftAED 24,542 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner25 Feb 2026
  • Mayfair Residency

    Business Bay

    AED 1M

    AED 977 /sqftAED 10,516 /sqmt

    ReadyApartment
    1,028 sqft95.5 sqmt1 BedOwner18 Feb 2026
  • Mayfair Residency

    Business Bay

    AED 945K

    AED 1,493 /sqftAED 16,071 /sqmt

    ReadyApartment
    633 sqft58.8 sqmt1 BedOwner11 Feb 2026
  • Mayfair Residency

    Business Bay

    AED 1M

    AED 1,605 /sqftAED 17,276 /sqmt

    ReadyApartment
    623 sqft57.9 sqmt1 BedOwner27 Jan 2026
  • Mayfair Residency

    Business Bay

    AED 930K

    AED 1,005 /sqftAED 10,818 /sqmt

    ReadyApartment
    925 sqft85.9 sqmt1 BedOwner20 Jan 2026
  • Mayfair Residency

    Business Bay

    AED 975K

    AED 830 /sqftAED 8,934 /sqmt

    ReadyApartment
    1,175 sqft109.2 sqmt1 BedOwner29 Dec 2025
  • Mayfair Residency

    Business Bay

    AED 1.1M

    AED 1,359 /sqftAED 14,628 /sqmt

    ReadyApartment
    780 sqft72.5 sqmt1 BedOwner26 Dec 2025
  • Mayfair Residency

    Business Bay

    AED 1M

    AED 1,678 /sqftAED 18,062 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner13 Nov 2025
  • Mayfair Residency

    Business Bay

    AED 1M

    AED 1,629 /sqftAED 17,534 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner17 Oct 2025
  • Mayfair Residency

    Business Bay

    AED 72K/yr

    ApartmentNew contract
    649 sqft60.3 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 78K/yr

    ApartmentRenewal
    644 sqft59.8 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 65K/yr

    ApartmentNew contract
    614 sqft57 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 55K/yr

    ApartmentNew contract
    614 sqft57 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 57K/yr

    ApartmentNew contract
    596 sqft55.4 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 72K/yr

    ApartmentNew contract
    633 sqft58.8 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 75K/yr

    ApartmentNew contract
    619 sqft57.5 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 82.5K/yr

    ApartmentNew contract
    832 sqft77.3 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 65K/yr

    ApartmentNew contract
    649 sqft60.3 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 60K/yr

    ApartmentNew contract
    623 sqft57.9 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 19.4K/yr

    ApartmentRenewal
    623 sqft57.9 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 65K/yr

    ApartmentNew contract
    614 sqft57 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 75K/yr

    ApartmentNew contract
    832 sqft77.3 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 68K/yr

    ApartmentNew contract
    614 sqft57 sqmt1 Bedto
  • Mayfair Residency

    Business Bay

    AED 62K/yr

    ApartmentNew contract
    644 sqft59.8 sqmt1 Bedto

Every sale in Mayfair ResidencyEvery rent contract in Mayfair Residency

Service charges in Mayfair Residency

The 2026 service charge in Mayfair Residency is AED 16.03 per sq ft for homes, AED 10.22 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 1,943 a year.

Service charges in Mayfair Residency
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 16.03600 sqft55.7 sqmt – 1,290 sqft119.8 sqmtAED 9,618 – AED 20,679
3 Beds Apartment (2026)AED 16.031,240 sqft115.2 sqmt – 1,430 sqft132.9 sqmtAED 19,877 – AED 22,923
Retail (2026)AED 10.221,120 sqft104.1 sqmt – 1,250 sqft116.1 sqmtAED 11,446 – AED 12,775

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in Mayfair Residency

Units in Mayfair Residency listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Mayfair Residency

Transportation near Mayfair Residency

The nearest Dubai Metro station from Mayfair Residency is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 0.8 km, about 10 min walk) and Burj Khalifa Road (golden line, 1 km, about 12 min walk). Most residents will drive or take a taxi to the metro.

  • District 1 near High Speed Rail lineGolden line · 0.8 km · about 10 min walk
  • Burj Khalifa RoadGolden line · 1 km · about 12 min walk
  • Business Bay InterchangeGolden line · 2 km · about 6 min drive
  • Business BayRed line · 2 km · about 6 min drive
  • Burj Khalifa/Dubai MallRed line · 2.3 km · about 7 min drive
  • District 1Golden line · 2.7 km · about 7 min drive

Shopping and groceries near Mayfair Residency

The closest is Spinneys / south bridge downtowne Dubai, 0.6 km from Mayfair Residency (about 7 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.6 km · about 7 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
  • Spinneys / The Executive TowersSupermarket · 1.5 km · about 5 min drive
  • Spinneys/ Ontario TowerSupermarket · 1.5 km · about 5 min drive

Restaurants and hotels near Mayfair Residency

The closest is Maward Restaurant, 0.7 km from Mayfair Residency (about 8 min walk).

  • Maward RestaurantRestaurant · 0.7 km · about 8 min walk
  • Vida Hotels and ResortsHotel · 1 km · about 12 min walk
  • Al Manzil HotelHotel · 1 km · about 12 min walk
  • Qamardeen HotelHotel · 1.4 km · about 5 min drive
  • The Address HotelHotel · 1.4 km · about 5 min drive

Hospitals and clinics near Mayfair Residency

The closest is Al Amal Hospital, 3.1 km from Mayfair Residency (about 8 min drive).

  • Al Amal HospitalHospital · 3.1 km · about 8 min drive
  • Medcare HospitalHospital · 3.5 km · about 9 min drive
  • Emirates HospitalHospital · 4.3 km · about 11 min drive
  • Internationl Medical CenterHospital · 4.4 km · about 11 min drive
  • Neuro Spinal hospitalHospital · 5 km · about 12 min drive

Parks and leisure near Mayfair Residency

The closest is Al Quoz Pond Park, 2.1 km from Mayfair Residency (about 6 min drive).

  • Al Quoz Pond ParkPark · 2.1 km · about 6 min drive
  • Dubai Bowling CentreSports Academy · 2.3 km · about 7 min drive
  • Safa ParkPark · 3.2 km · about 8 min drive
  • Falcon Heritage and Sports CentreSports Academy · 3.5 km · about 9 min drive
  • Falcon Centre and Cultural SportsSports Academy · 3.6 km · about 9 min drive

Schools near Mayfair Residency

The nearest is Dubai International Private School - Br, 2 km away. Ratings are the KHDA's latest inspection grades.

  • Dubai International Private School - BrAmerican · KHDA: Good · 2 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 2.1 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.2 km
  • Japanese SchoolJapanese · KHDA: Good · 2.6 km
  • Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.7 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Mayfair Residency with:

Things to consider about Mayfair Residency

In its favour

  • Owners who resold have made money: a median gain of up to 11%.
  • A median gross yield of 7.2% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Completed 15 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 2 km away, so a car helps.

Specialists

Brokers who know Mayfair Residency

These brokers handle sales and lettings in Mayfair Residency and can tell you what is available now.

FAQs

Mayfair Residency: questions answered

Mayfair Residency was developed by Deyaar in Business Bay.

Mayfair Residency is completed in Q1 2011.

Across its 20 most recent registered sales, Mayfair Residency sold for a median of AED 1,464 per sq ft and AED 1.0M per unit.

Recent yearly contracts in Mayfair Residency have a median rent of AED 66.5K.

The median gross yield on recently sold units in Mayfair Residency is 7.2%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Mayfair Residency is AED 16.03 per sq ft a year, as registered with the Dubai Land Department.

Mayfair Residency has 1 Bed (600 to 1,290 sq ft), 3 Beds (1,240 to 1,430 sq ft), Commercial (1,120 to 1,250 sq ft).

District 1 near High Speed Rail line is about 0.8 km from Mayfair Residency.

The nearest schools include Dubai International Private School - Br (2 km), GEMS Our Own Indian School (2 km), Global Indian International School L.L.C (2.1 km).

Buying, selling or renting in Mayfair Residency?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

Get a free valuation
Message us on WhatsApp