1505, Mayfair Residency
Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Mayfair Residency
What is 1505 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 621 sqft
- Floor
- 15th of 18
- Parking
- B1-21
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,100 /yr
- Last sold
- AED 750K · April 2022
- Building
- Mayfair Residency
About 1505, Mayfair Residency
1505 is a one-bedroom apartment of 621 sqft on the 15th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 14 April 2022 for AED 750,000, or AED 1,206 per sqft, 35% above the AED 893 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 October 2026, is AED 65,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1505 over time
1505 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mayfair Residency, and where 1505 sits
All 197 1-beds →1505 last sold in April 2022 at AED 1,206 per sqft, 35% above what one-beds in Mayfair Residency were fetching at the time (AED 893). Over the last 12 months one-beds sold for AED 400,000 to 1,500,000, around AED 1,421 per sqft, and rent for AED 36,000 to 120,000 a year. 1505's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 298 sqft | 400,000 | 1,342 | ||
| 12 Aug 202612 August 2026 | 416 sqft | 540,199 | 1,297 | ||
| 12 Aug 202612 August 2026 | 324 sqft | 450,000 | 1,387 | ||
| 12 Aug 202612 August 2026 | 376 sqft | 500,000 | 1,330 |
Mayfair Residency
Building212 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2011 by Deyaar. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,452 Down 0.9%
- Typical sale
- AED 1M
- Typical rent
- AED 68K /yr
- Typical yield
- 7.2%
Other units on the 15th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 614 sqft | AED 1.13MAED 1,125,000 · Aug 2016August 2016 | 60,000 /yr | |
| 1502 | 1-bed | 780 sqft | AED 915KAED 915,000 · Apr 2017April 2017 | 77,000 /yr | |
| 1503 | 1-bed | 619 sqft | AED 865KAED 865,000 · Jun 2024June 2024 | 57,500 /yr | |
| 1504 | 1-bed | 596 sqft | AED 500KAED 500,000 · Jan 2012January 2012 | 67,000 /yr | |
| 1510 | 1-bed | 625 sqft | AED 850KAED 849,999 · Jan 2014January 2014 | 70,000 /yr | |
| 1511 | 1-bed | 298 sqft | AED 400KAED 400,000 · Sep 2026September 2026 | ||
| 1512 | 1-bed | 633 sqft | AED 530KAED 529,720 · Sep 2012September 2012 | 64,000 /yr | |
| 1513 | 1-bed | 752 sqft | AED 930KAED 930,000 · Jul 2013July 2013 | 85,000 /yr | |
| 1514 | 1-bed | 649 sqft | AED 900KAED 900,000 · May 2016May 2016 | 75,000 /yr |
1505, Mayfair Residency in numbers
- Sold 3 times: first on 3 November 2014 for AED 1,039,601, last on 14 April 2022 for AED 750,000 (AED 1,206 per sqft).
- Rented since July 2014 on 6 Ejari contracts, from AED 57,960 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 10,100 a year (AED 16.20 per sqft).
- One-beds in Mayfair Residency sold for AED 400,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,452 per sqft.
Source: Dubai Land Department. Updated 5 October 2026.
Questions about 1505, Mayfair Residency
What did unit 1505 last sell for?
AED 750,000 on 14 April 2022: AED 1,206 per sqft for 621 sqft. The unit has 3 registered sales; the first was AED 1,039,601 in November 2014.
What is the rent for unit 1505?
AED 65,000 a year on the contract signed on 5 October 2026. The previous contract, from January 2026, was AED 80,000; the unit has been rented since July 2014.
How big is unit 1505?
621 sqft (57.7 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2011.
What is unit 1505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Residency sold for AED 400,000 to 1,500,000 in the last 12 months, around AED 1,421 per sqft.
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Mortgage on 1505, Mayfair Residency
Starts from the last sale price (AED 750K, 14 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →