1-bed · 859 sqftMayfair Residency, Business Bay · 5th floor · completed 2011

506, Mayfair Residency

Sold prices and rental history: no registered sale, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 December 2025
Current rentAED 80K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Mayfair Residency

What is 506 worth today?

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15 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
5 Oct 2024RentedNew contract
AED 83,000/yr12 months · AED 97 per sqft
20 Aug 2023RentedRenewal
AED 60,500/yr12 months · AED 70 per sqft
20 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
10 Mar 2022RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
6 Oct 2020RentedNew contract
AED 63,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
5th of 18
Parking
P1-36
Developer
Deyaar
Completed
2011
Service charge
AED 13,900 /yr
Last sold
No registered sale

About 506, Mayfair Residency

506 is a one-bedroom apartment of 859 sqft on the 5th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 December 2025, is AED 80,000 a year, before the service charge of about AED 13,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 947,500

No registered sale of 506; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Mayfair Residency
40K60K80K2012201620202024Typical 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, October 2020: AED 63,000 a yearNew contract, March 2022: AED 52,000 a yearNew contract, August 2022: AED 55,000 a yearRenewal, August 2023: AED 60,500 a yearNew contract, October 2024: AED 83,000 a yearNew contract, December 2025: AED 80,000 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 506 sits

All 197 1-beds →

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. 506's AED 80,000 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 5th floor

All 212 units in Mayfair Residency
Value
5011-bedAED 650K · Dec 2019
5021-bedAED 820K · Apr 2022
5031-bedAED 910K · Mar 2017
5041-bedAED 400K · Apr 2016
5071-bedAED 1.03M · Nov 2025
5081-bedAED 660K · Jan 2023
5091-bedAED 760K · Jun 2023
1–7 of 12

506, Mayfair Residency in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since October 2020 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 52,000 in 2022 and recovered to AED 80,000 by December 2025.
  • 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 15 December 2025.

Questions about 506, Mayfair Residency

What is the rent for unit 506?

AED 80,000 a year on the contract signed on 15 December 2025. The previous contract, from October 2024, was AED 83,000; the unit has been rented since October 2020.

How big is unit 506?

859 sqft (79.8 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2011.

What is unit 506 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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