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Mayfair Residency rent: what tenants really pay

Rent in Mayfair Residency, Business Bay: 1-bed AED 68,000 a year. These are medians of 113 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 105, against AED 115 across Business Bay.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Mayfair Residency: value at AED 105 a sq ft against the Business Bay median of 115. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Mayfair Residency

  1. Per sq ft, a 1-bed here costs 8% less than the Business Bay median: AED 105 against AED 115. It is number 32 of 70 Business Bay buildings, cheapest first.
  2. Homes here are smaller than usual. The median 1-bed here is 623 sq ft. That is 23% below the Business Bay median of 808 sq ft.
  3. New 1-bed tenants pay AED 68,000, renewing tenants AED 68,250. For the same home, renewing costs about the same as moving in.
  4. New-lease rent per sq ft fell 6% on the year, to AED 105 a sq ft.
  5. 26 leases end in the next 60 days, so more homes may become available soon.

Rent in Mayfair Residency by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed68,00068,250–623105107

Where Mayfair Residency is, and the buildings around it

We do not hold the exact position of Mayfair Residency yet; the map shows Business Bay.

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

New and renewing 1-bed tenants in Mayfair Residency pay the same for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

For a 1-bed in this building, new and renewing tenants pay about the same. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →

Finding

New-lease rent per sq ft in Mayfair Residency fell 6% on the year.

Median new lease, AED a sq ft, by quarter

AED 105 a sq ft in the 12 months to 15 Oct 2026, against AED 112 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

26 leases in Mayfair Residency end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Business Bay buildings, 1-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Zada Tower70,000471152481
Reva Residences70,000471155310
Vera Tower70,000477148209
Mayfair Tower65,500576110108
Hamilton Residency70,5008699888
Clayton Residency72,0008049269
Park Central72,00068610127
Aykon City 274,62954413886

Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →

Questions

How much is rent in Mayfair Residency?

Rent in Mayfair Residency, Business Bay: 1-bed AED 68,000 a year. These are medians of 113 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 105, against AED 115 across Business Bay.

How much is a 1 bedroom in Mayfair Residency?

The median rent for a new 1-bed lease in Mayfair Residency is AED 68,000 a year (AED 5,667 a month). The median size is 623 sq ft. This is from 65 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Mayfair Residency?

For a 1-bed, new tenants pay a median AED 68,000 and renewing tenants AED 68,250.

Is rent going up in Mayfair Residency?

Rent per sq ft on new leases in Mayfair Residency: AED 105 in the 12 months to 15 Oct 2026, against AED 112 the year before.

What are the alternatives to Mayfair Residency in Business Bay?

Similar rent for a 1-bed: Zada Tower AED 70,000, Reva Residences AED 70,000, Vera Tower AED 70,000, Mayfair Tower AED 65,500.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "MAYFAIR RESIDENCY". 113 leases 16 Oct 2025–15 Oct 2026, 70 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

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