1-bed · 752 sqftMayfair Residency, Business Bay · 15th floor · completed 2011

1513, Mayfair Residency

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1513 · DLD and Ejari recordsUpdated 19 July 2025
Last soldAED 930K1 July 2013
Current rentAED 85K /yr19 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1513, Mayfair Residency

What is 1513 worth today?

Last sold for AED 930,000 in 2013

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19 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
19 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
1 Dec 2023RentedNew contract
AED 89,759/yr12 months · AED 119 per sqft
15 Oct 2022RentedNew contract
AED 66,000/yr12 months · AED 88 per sqft
10 Sep 2021RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
1 Jun 2020RentedRenewal
AED 53,000/yr12 months · AED 70 per sqft
1 Jun 2019RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
1 May 2018RentedRenewal
AED 68,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 19 July 2025.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
15th of 18
Parking
B1-25
Developer
Deyaar
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 930K · July 2013

About 1513, Mayfair Residency

1513 is a one-bedroom apartment of 752 sqft on the 15th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 1 July 2013 for AED 930,000, or AED 1,236 per sqft, 3% above the AED 1,198 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 19 July 2025, is AED 85,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1513 over time

Sales
Unit 1513, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical sale price by year: 2009 AED 822,158; 2010 AED 862,155; 2011 AED 826,234; 2012 AED 866,621; 2013 AED 850,000; 2014 AED 933,409; 2015 AED 925,000; 2016 AED 887,500; 2017 AED 840,000; 2018 AED 795,293; 2019 AED 575,000; 2020 AED 580,000; 2021 AED 550,250; 2022 AED 670,000; 2023 AED 775,000; 2024 AED 890,000; 2025 AED 1,019,000; 2026 AED 947,500Sold by developer, February 2013: AED 1,098,659 (AED 1,461 per sqft)Sold, May 2013: AED 626,000 (AED 832 per sqft)Sold, July 2013: AED 930,000 (AED 1,236 per sqft)

1513 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1513, each contractTypical one-bed in Mayfair Residency
50K75K2012201620202024Typical rent by year: 2012 AED 40,889; 2013 AED 50,600; 2014 AED 60,720; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 43,000; 2022 AED 50,000; 2023 AED 60,500; 2024 AED 69,256; 2025 AED 72,000; 2026 AED 67,000New contract, May 2017: AED 75,000 a yearRenewal, May 2018: AED 68,000 a yearNew contract, June 2019: AED 60,000 a yearRenewal, June 2020: AED 53,000 a yearNew contract, September 2021: AED 52,000 a yearNew contract, October 2022: AED 66,000 a yearNew contract, December 2023: AED 89,759 a yearNew contract, July 2025: AED 85,000 a yearNew contract, July 2025: AED 85,000 a year

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 1513 sits

All 197 1-beds →

1513 last sold in July 2013 at AED 1,236 per sqft, 3% above what one-beds in Mayfair Residency were fetching at the time (AED 1,198). 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. 1513's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026400,000
12 Aug 2026540,199
12 Aug 2026450,000
12 Aug 2026500,000
17 1-bed sales in the last 12 months

Mayfair Residency

Building

212 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%
Mayfair Residency, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 212 units in Mayfair Residency
Value
15011-bedAED 1.13M · Aug 2016
15021-bedAED 915K · Apr 2017
15031-bedAED 865K · Jun 2024
15041-bedAED 500K · Jan 2012
15051-bedAED 750K · Apr 2022
15101-bedAED 850K · Jan 2014
15111-bedAED 400K · Sep 2026
1–7 of 9

1513, Mayfair Residency in numbers

  • Sold 3 times: first on 3 February 2013 for AED 1,098,659, last on 1 July 2013 for AED 930,000 (AED 1,236 per sqft).
  • Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2021 and recovered to AED 85,000 by July 2025.
  • At AED 85,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 12,200 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 19 July 2025.

Questions about 1513, Mayfair Residency

What did unit 1513 last sell for?

AED 930,000 on 1 July 2013: AED 1,236 per sqft for 752 sqft. The unit has 3 registered sales; the first was AED 1,098,659 in February 2013.

What is the rent for unit 1513?

AED 85,000 a year on the contract signed on 19 July 2025. The previous contract, from July 2025, was AED 85,000; the unit has been rented since May 2017.

How big is unit 1513?

752 sqft (69.9 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2011.

What is unit 1513 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 1513, Mayfair Residency

Starts from the last sale price (AED 930K, 1 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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