Studio · 387 sqftMayfair Gardens, Al Satwa · 5th floor

502, Mayfair Gardens

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 944K25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Mayfair Gardens

What is 502 worth today?

Last sold for AED 944,015 in 2024

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25 Dec 2024Sold by developerOff-plan
AED 944,015AED 2,438 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
5th of 7
Parking
1 NA
Developer
Majid Developments
Last sold
AED 944K · December 2024

About 502, Mayfair Gardens

502 is a studio of 387 sqft on the 5th floor of Mayfair Gardens, a 7-storey tower in Al Satwa by Majid Developments . The developer sold it on 25 December 2024 for AED 944,015, or AED 2,438 per sqft, 11% above the AED 2,199 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Mayfair Gardens
1M202420252026Typical sale price by year: 2024 AED 1,035,263; 2025 AED 1,058,612Sold by developer, December 2024: AED 944,015 (AED 2,438 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Studios in Mayfair Gardens, and where 502 sits

All 21 studios →

502 last sold in December 2024 at AED 2,438 per sqft, 11% above what studios in Mayfair Gardens were fetching at the time (AED 2,199). Over the last 12 months studios sold for AED 918,336 to 1,255,000, around AED 2,181 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026918,336
3 Apr 20261,255,000
13 Aug 20251,050,000
19 Jun 20251,295,683
2 studio sales in the last 12 months

Mayfair Gardens

Building

48 apartments, studios to 1-bed over 7 floors in Al Satwa by Majid Developments . 10 sold in the last 12 months.

Typical price per sqft
AED 1,924 Down 8.8%
Typical sale
AED 1.61M
Typical rent
Few contracts
Typical yield
Mayfair Gardens, Al Satwa: prices, sales and rents →

Other units on the 5th floor

All 48 units in Mayfair Gardens
Value
5011-bedAED 2M · Jun 2026
5031-bedAED 1.99M · Apr 2025
504StudioAED 1.3M · Jun 2025
5051-bedAED 2.1M · Mar 2025
506StudioAED 1.06M · Mar 2025
5071-bedAED 2.19M · Nov 2024

502, Mayfair Gardens in numbers

  • Sold once: by Majid Developments on 25 December 2024 for AED 944,015, or AED 2,438 per sqft.
  • Studios in Mayfair Gardens sold for AED 918,336–1,255,000 in the 12 months to November 2026; the building's median across all types is AED 1,924 per sqft.

Source: Dubai Land Department. Updated 25 December 2024.

Questions about 502, Mayfair Gardens

What did unit 502 last sell for?

AED 944,015 on 25 December 2024, sold by the developer: AED 2,438 per sqft for 387 sqft. It is the only registered sale of the unit.

How big is unit 502?

387 sqft (36.0 sqm): a studio on the 5th floor of a 7-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mayfair Gardens sold for AED 918,336 to 1,255,000 in the last 12 months, around AED 2,181 per sqft.

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Mortgage on 502, Mayfair Gardens

Starts from the last sale price (AED 944K, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 944,015
Deposit, UAE resident (20%)
AED 188,803
Deposit, non-resident (40%)
AED 377,606
Monthly over 25 years at 3.7%
AED 3,862

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →