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Mayfair Residency

About the project

Mayfair Residency is a 22-storey, 88m high apartment building located in one of Dubai’s most renowned Business Bay neighborhoods, where residents will enjoy a variety of facilities and amenities.

The project was implemented by Deyaar Development PJSC. The architect of the complex was the company Archdome Consulting Engineers. The construction began in 2008. In 2011 the complex was put into operation.

Separate saunas and steam rooms for men and women, a jacuzzi, and a perfectly equipped gym are at residents’ disposal. The roof terrace garden and pool area on the ground floor are perfect for family recreation. The complex also has a multi-purpose hall, children’s playroom, spacious underground and surface parking. The whole territory of the complex is under round-the-clock security. All rooms are centrally air-conditioned.

The Mayfair Residency has a total of 213 units, including one- and two-bedroom apartments starting at 752 square feet. Apartments start at AED 800,000 (USD 218,000).

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Location

The complex has excellent transport access. Mayfair Residency is easily accessible to all parts of the city thanks to its proximity to the main highway in the emirate, Sheikh Zayed Road. It is a 20-minute drive from Dubai International Airport (DXB) and 40 minutes from Dubai Al Maktoum International Airport.

From Mayfair Residency it is just 15 minutes drive to the famous Dubai Mall, 20 minutes to the Palm Jumeirah and the Burj Al Arab skyscraper and 25 minutes to The Walk JBR, a promenade full of restaurants and cafes.

The West Zone Fresh Supermarket and several bus stops are within walking distance. Residents can take walks along the Dubai Canal waterfront, which can be accessed directly from the building.

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Payback

The Business Bay area is located right next to the center of Dubai. The area is well developed with stores, restaurants, schools and kindergartens. In addition, living in the Business Bay will be a convenient option for employees and owners of local companies. Due to its close location to the key attractions of the emirate and the availability of all modern amenities, the apartments at Mayfair Residency may also be of interest to families.

Mayfair Residency real estate can be considered as a quality investment asset. Its average yield is estimated at 5.08% per annum.

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