1-bed · 614 sqftMayfair Residency, Business Bay · 5th floor · completed 2011

507, Mayfair Residency

Sold prices and rental history: sold 5 times, last in November 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 1.03M13 November 2025
Current rentAED 68K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mayfair Residency

What is 507 worth today?

Last sold for AED 1,030,000 in 2025

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9 Oct 2026RentedNew contract
AED 68,000/yr12 months · AED 111 per sqft
13 Nov 2025SoldReady
AED 1,030,000AED 1,678 per sqft
25 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 147 per sqft
16 Dec 2024SoldReady
AED 700,000AED 1,140 per sqft
1 May 2024RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
5 Nov 2023RentedNew contract
AED 67,000/yr12 months · AED 109 per sqft
15 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 94 per sqft
10 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
5th of 18
Parking
B2-22
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 1.03M · November 2025

About 507, Mayfair Residency

507 is a one-bedroom apartment of 614 sqft on the 5th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 November 2025 for AED 1,030,000, or AED 1,678 per sqft, 14% above the AED 1,466 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 9 October 2026, is AED 68,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 9,900 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Mayfair Residency
500K1M2009201420192024Typical 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, April 2013: AED 670,153 (AED 1,091 per sqft)Sold, July 2013: AED 770,195 (AED 1,254 per sqft)Sold, April 2014: AED 450,000 (AED 733 per sqft)Sold, December 2024: AED 700,000 (AED 1,140 per sqft)Sold, November 2025: AED 1,030,000 (AED 1,678 per sqft)

507 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, 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, July 2019: AED 49,000 a yearRenewal, July 2020: AED 49,000 a yearNew contract, October 2021: AED 38,000 a yearNew contract, November 2022: AED 58,000 a yearNew contract, November 2023: AED 67,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, August 2025: AED 90,000 a yearNew contract, October 2026: AED 68,000 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 507 sits

All 197 1-beds →

507 last sold in November 2025 at AED 1,678 per sqft, 14% above what one-beds in Mayfair Residency were fetching at the time (AED 1,466). 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. 507's AED 68,000 is in the lower 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
5061-bedNo registered sale
5081-bedAED 660K · Jan 2023
5091-bedAED 760K · Jun 2023
1–7 of 12

507, Mayfair Residency in numbers

  • Sold 5 times: first on 1 April 2013 for AED 670,153, last on 13 November 2025 for AED 1,030,000 (AED 1,678 per sqft).
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 49,000 to AED 38,000 in 2021 and recovered to AED 68,000 by October 2026.
  • At AED 68,000 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 9,900 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 9 October 2026.

Questions about 507, Mayfair Residency

What did unit 507 last sell for?

AED 1,030,000 on 13 November 2025: AED 1,678 per sqft for 614 sqft. The unit has 5 registered sales; the first was AED 670,153 in April 2013.

What is the rent for unit 507?

AED 68,000 a year on the contract signed on 9 October 2026. The previous contract, from August 2025, was AED 90,000; the unit has been rented since July 2019.

How big is unit 507?

614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2011.

What is unit 507 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 507, Mayfair Residency

Starts from the last sale price (AED 1.03M, 13 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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