Unit 1602, Mayfair Residency: what it sold for and what it is worth now

Unit 1602 at Mayfair Residency is a 3 bed of 1,427 sq ft. It last sold for AED 1,020,000 on 28 Jun 2020. At AED 1,570 per sq ft, from 4 sales in the building in the last 24 months (3 bed), it is worth about AED 2,241,000 today.

Value todayAED 2,241,000AED 2,044,000 to AED 2,441,000
Last saleAED 1,020,00028 Jun 2020 · Resale
Change since last sale+119.7%Building trend alone: AED 2,061,970
Rent (median asking, 3 bed)AED 140,000Gross yield 6.2%
Bedrooms3 bed
Size1,427 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMayfair Residency by Deyaar Development, handed over 2011
Registered sales of this unit1

Every registered sale of unit 1602

DatePriceSizeAED/sq ftType
28 Jun 2020AED 1,020,0001,427 sq ft715Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
90226 Dec 2025AED 1,060,000780 sq ft1,359Resale
1024 Jun 2024AED 1,055,5131,036 sq ft1,019Resale
90230 Jan 2024AED 885,000780 sq ft1,135Resale
140219 May 2023AED 600,000780 sq ft769Resale
80224 Feb 2023AED 710,000780 sq ft910Resale
50228 Apr 2022AED 820,000780 sq ft1,051Resale
80222 Jan 2020AED 750,000780 sq ft962Resale

Latest 3 bed sales in Mayfair Residency

UnitDatePriceSizeAED/sq ftType
170314 May 2026AED 2,200,0001,238 sq ft1,777Resale
170526 Mar 2026AED 2,000,0001,377 sq ft1,452Resale
170322 Jul 2025AED 1,700,0001,238 sq ft1,373Resale
160112 Mar 2025AED 2,100,0001,244 sq ft1,688Resale
17055 Mar 2024AED 1,338,3461,377 sq ft972Resale
18015 Sep 2023AED 1,500,0001,244 sq ft1,206Resale
16019 Dec 2022AED 1,250,0001,244 sq ft1,005Resale
180413 Jul 2022AED 1,200,0001,238 sq ft969Resale

How we worked out the value

We took the 4 sales in Mayfair Residency in the last 24 months (3 bed), worked out the price per sq ft of each, and used the middle value (AED 1,570). We multiplied it by the size of this unit (1,427 sq ft). The range uses the middle half of those sales (AED 1,433 to AED 1,710 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,061,970. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1602 at Mayfair Residency worth?

About AED 2,241,000 (range AED 2,044,000 to AED 2,441,000), based on AED 1,570 per sq ft from registered sales up to 3 Sep 2026.

When did unit 1602 last sell?

28 Jun 2020, for AED 1,020,000 (resale). It has 1 registered sale.

What rent can unit 1602 make?

A 3 bed in Mayfair Residency rents for about AED 140,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

Sales alert for Mayfair ResidencyAll sales in Mayfair Residency

Unit 1601 · Unit 1703