1514, Mayfair Residency
Sold prices and rental history: sold 4 times, last in May 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1514, Mayfair Residency
What is 1514 worth today?
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Source: Dubai Land Department. Updated 12 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 649 sqft
- Floor
- 15th of 18
- Parking
- B1-26
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,500 /yr
- Last sold
- AED 900K · May 2016
- Building
- Mayfair Residency
About 1514, Mayfair Residency
1514 is a one-bedroom apartment of 649 sqft on the 15th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 30 May 2016 for AED 900,000, or AED 1,386 per sqft, 3% above the AED 1,342 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 12 May 2025, is AED 75,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1514 over time
1514 has sold 4 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 1514 sits
All 197 1-beds →1514 last sold in May 2016 at AED 1,386 per sqft, 3% above what one-beds in Mayfair Residency were fetching at the time (AED 1,342). 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. 1514's AED 75,000 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 | |
| 1505 | 1-bed | 621 sqft | AED 750KAED 750,000 · Apr 2022April 2022 | 65,000 /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, Mayfair Residency in numbers
- Sold 4 times: first on 3 February 2013 for AED 944,078, last on 30 May 2016 for AED 900,000 (AED 1,386 per sqft).
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 74,799 to AED 55,000 in 2020 and recovered to AED 75,000 by May 2025.
- At AED 75,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 10,500 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 12 May 2025.
Questions about 1514, Mayfair Residency
What did unit 1514 last sell for?
AED 900,000 on 30 May 2016: AED 1,386 per sqft for 649 sqft. The unit has 4 registered sales; the first was AED 944,078 in February 2013.
What is the rent for unit 1514?
AED 75,000 a year on the contract renewed on 12 May 2025. The previous contract, from May 2025, was AED 75,000; the unit has been rented since December 2017.
How big is unit 1514?
649 sqft (60.3 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2011.
What is unit 1514 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 1514, Mayfair Residency
Starts from the last sale price (AED 900K, 30 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →