504, Mayfair Residency
Sold prices and rental history: sold 4 times, last in April 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mayfair Residency
What is 504 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 298 sqft
- Floor
- 5th of 18
- Parking
- B2-62
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 4,800 /yr
- Last sold
- AED 400K · April 2016
- Building
- Mayfair Residency
About 504, Mayfair Residency
504 is a one-bedroom apartment of 298 sqft on the 5th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 17 April 2016 for AED 400,000, or AED 1,342 per sqft, in line with the AED 1,362 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 25 November 2025, is AED 65,000 a year: a gross yield of 16.3% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 504 over time
504 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 504 sits
All 197 1-beds →504 last sold in April 2016 at AED 1,342 per sqft, in line with what one-beds in Mayfair Residency were fetching at the time (AED 1,362). 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. 504'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 5th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 614 sqft | AED 650KAED 650,000 · Dec 2019December 2019 | 56,000 /yr | |
| 502 | 1-bed | 780 sqft | AED 820KAED 820,000 · Apr 2022April 2022 | 77,000 /yr | |
| 503 | 1-bed | 619 sqft | AED 910KAED 910,000 · Mar 2017March 2017 | ||
| 506 | 1-bed | 859 sqft | No registered sale | 80,000 /yr | |
| 507 | 1-bed | 614 sqft | AED 1.03MAED 1,030,000 · Nov 2025November 2025 | 68,000 /yr | |
| 508 | 1-bed | 644 sqft | AED 660KAED 660,000 · Jan 2023January 2023 | 65,000 /yr | |
| 509 | 1-bed | 832 sqft | AED 760KAED 760,000 · Jun 2023June 2023 | 75,000 /yr | |
| 510 | 1-bed | 623 sqft | AED 1MAED 1,000,000 · Jan 2026January 2026 | 75,001 /yr | |
| 511 | 1-bed | 596 sqft | AED 470KAED 470,000 · Sep 2011September 2011 | 70,000 /yr | |
| 512 | 1-bed | 633 sqft | AED 942KAED 942,127 · Apr 2014April 2014 | 68,043 /yr | |
| 513 | 1-bed | 752 sqft | AED 871KAED 871,000 · Nov 2024November 2024 | 60,000 /yr | |
| 514 | 1-bed | 649 sqft | AED 720KAED 720,000 · Jan 2023January 2023 | 84,998 /yr |
504, Mayfair Residency in numbers
- Sold 4 times: first on 10 May 2010 for AED 826,632, last on 17 April 2016 for AED 400,000 (AED 1,342 per sqft).
- Rented since March 2016 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 65,000 by November 2025.
- At AED 65,000 a year the gross yield on the 2016 price is 16.3%, before a service charge of about AED 4,800 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 25 November 2025.
Questions about 504, Mayfair Residency
What did unit 504 last sell for?
AED 400,000 on 17 April 2016: AED 1,342 per sqft for 298 sqft. The unit has 4 registered sales; the first was AED 826,632 in May 2010.
What is the rent for unit 504?
AED 65,000 a year on the contract signed on 25 November 2025. The previous contract, from June 2025, was AED 65,000; the unit has been rented since March 2016.
How big is unit 504?
298 sqft (27.7 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2011.
What is unit 504 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 504, Mayfair Residency
Starts from the last sale price (AED 400K, 17 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →