Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Business Bay · August 2026
Mayfair Residency
Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026
Period covered: Sep 24 to Aug 26 · Ref AR-B1382-202608
Key takeaways
- Median price for apartments: AED 475,000 (AED 14,624 per sqm), down 0.6% year on year.
- Per sqm, apartments here are 35% below the Business Bay average of AED 22,535 (sales-weighted across areas).
- 4 sales recorded in August 2026, up 300% from a year earlier.
- New rental contracts at a median AED 65,000 per year, an estimated 13.7% gross yield.
1.Apartments4 sales · August 2026
Small sample: medians for August 2026 are based on only 4 recorded sales and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 4 | AED 475,000 | AED 14,624 | AED 65,000 | 13.7% |
| July 2026 | 0 | — | — | — | — |
| June 2026 | 0 | — | — | — | — |
| May 2026 | 1 | AED 2,200,000 | AED 19,129 | — | — |
| April 2026 | 1 | AED 950,000 | AED 15,889 | — | — |
| March 2026 | 2 | AED 1,500,000 | AED 16,462 | — | — |
2.Recent saleslast 15 registered in Mayfair Residency
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 12 Aug 2026 | 1 bedroom | 35 | AED 500,000 | AED 14,318 | Ready |
| 12 Aug 2026 | 1 bedroom | 30 | AED 450,000 | AED 14,930 | Ready |
| 12 Aug 2026 | 1 bedroom | 39 | AED 540,199 | AED 13,969 | Ready |
| 12 Aug 2026 | 1 bedroom | 29 | AED 450,000 | AED 15,301 | Ready |
| 14 May 2026 | 3 bedrooms | 115 | AED 2,200,000 | AED 19,129 | Ready |
| 23 Apr 2026 | 1 bedroom | 60 | AED 950,000 | AED 15,889 | Ready |
| 26 Mar 2026 | 3 bedrooms | 128 | AED 2,000,000 | AED 15,637 | Ready |
| 13 Mar 2026 | 1 bedroom | 58 | AED 1,000,000 | AED 17,286 | Ready |
| 11 Mar 2026 | 1 bedroom | 57 | AED 1,250,000 | AED 21,922 | Ready |
| 25 Feb 2026 | 1 bedroom | 59 | AED 1,500,000 | AED 25,502 | Ready |
| 25 Feb 2026 | 1 bedroom | 57 | AED 1,400,000 | AED 24,553 | Ready |
| 18 Feb 2026 | 1 bedroom | 95 | AED 1,004,528 | AED 10,523 | Ready |
| 11 Feb 2026 | 1 bedroom | 59 | AED 945,000 | AED 16,066 | Ready |
| 27 Jan 2026 | 1 bedroom | 58 | AED 1,000,000 | AED 17,286 | Ready |
| 20 Jan 2026 | 1 bedroom | 86 | AED 930,000 | AED 10,823 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
3.Methodology and source
Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.
Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.
Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.
Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.