Mayfair Residency, Business Bay
Mayfair Residency is a 22-storey residential tower on Al Abraj Street in Business Bay, sitting directly on the Dubai Water Canal. Built by Deyaar Development and completed in 2011, the tower holds 213 one and two-bedroom apartments, and Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.
Storeys
22
Height
88 metres
Developer
Deyaar Development PJSC
Completed
January 2011
Units
213
About Mayfair Residency
Mayfair Residency stands on Al Abraj Street in Business Bay, with the tower's lower floors and podium sitting directly against the Dubai Water Canal. The 22-storey, 88-metre building was developed by Deyaar Development PJSC and designed by Archdome Consulting Engineers, with construction running from November 2007 to a January 2011 completion. The tower is entirely residential, with 213 one and two-bedroom apartments and no office or retail component.
Location & Nearby Landmarks
Mayfair Residency's canal-front position in Business Bay puts it around half a kilometre from Business Bay Metro Station, with Downtown Dubai and Sheikh Zayed Road both within easy reach. Deyaar's sister tower, Mayfair Tower, sits on the same street. For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for Business Bay covers licensing and demand across the area.
Mayfair Residency is joined in Royale Stays’ Business Bay Building Guide cluster by Binghatti Skyrise and Binghatti Skyhall, two newer Business Bay developments Royale Stays has covered separately.
Unit Types
Mayfair Residency's apartments come in twelve one-bedroom configurations ranging from around 544 to 823 square feet, and five two-bedroom configurations from roughly 1,235 to 1,479 square feet. Every unit has a living and dining area, an open kitchen and an en-suite master bathroom, with several layouts including a balcony overlooking the canal or the surrounding Business Bay skyline.
Amenities
Residents have access to a swimming pool, separate men's and women's saunas and steam rooms, a jacuzzi, a fully equipped gym, a roof terrace garden, a multi-purpose hall and a children's playroom, plus 24-hour help-desk and concierge service and three levels of basement parking.
Transportation & Access
Mayfair Residency's Al Abraj Street address keeps it close to Business Bay Metro Station, roughly half a kilometre away, with quick onward access to Sheikh Zayed Road, Downtown Dubai and DIFC.
Rental & Price Trends
Long-term rents at Mayfair Residency have run from around AED 70,000 a year for a one-bedroom apartment to roughly AED 79,000-80,000 for a two-bedroom, based on portal listing data rather than a Royale Stays-verified figure. Owners weighing a specific unit's current numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Business Bay is an established, actively-booked short-term rental submarket in Dubai, and Mayfair Residency already has a live track record of it: independently-listed short-term units for the building appear on Airbnb and Tripadvisor. As a wholly residential building with no on-site hotel operator, there is no brand-level restriction on short-term letting here, and the standard DTCM holiday-home permit process applies.
Royale Stays' Airbnb management services cover furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, all handled from a management fee starting at 15%. Owners considering a Mayfair Residency apartment for short-term letting can get a free property assessment by submitting their property directly.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions