1-bed · 752 sqftMayfair Residency, Business Bay · 5th floor · completed 2011

513, Mayfair Residency

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 871K13 November 2024
Current rentAED 60K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Mayfair Residency

What is 513 worth today?

Last sold for AED 871,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
8 Nov 2025RentedRenewal
AED 78,718/yr12 months · AED 104 per sqft
23 Feb 2025RentedNew contract
AED 74,189/yr8 months · AED 98 per sqft
23 Feb 2025RentedNew contract
AED 74,189/yr8 months · AED 98 per sqft
13 Nov 2024SoldReady
AED 871,000AED 1,158 per sqft
24 Feb 2024RentedRenewal
AED 71,592/yr12 months · AED 95 per sqft
24 Feb 2023RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
5 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
5th of 18
Parking
P1-11
Developer
Deyaar
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 871K · November 2024

About 513, Mayfair Residency

513 is a one-bedroom apartment of 752 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 2024 for AED 871,000, or AED 1,158 per sqft, 8% below the AED 1,263 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 20 June 2026, is AED 60,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, January 2012: AED 542,263 (AED 721 per sqft)Sold, November 2024: AED 871,000 (AED 1,158 per sqft)

513 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 513, 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, February 2019: AED 55,000 a yearNew contract, April 2020: AED 45,000 a yearNew contract, October 2021: AED 45,000 a yearNew contract, February 2023: AED 68,000 a yearRenewal, February 2024: AED 71,592 a yearNew contract, February 2025: AED 74,189 a yearNew contract, February 2025: AED 74,189 a yearRenewal, November 2025: AED 78,718 a yearNew contract, June 2026: AED 60,000 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 513 sits

All 197 1-beds →

513 last sold in November 2024 at AED 1,158 per sqft, 8% below what one-beds in Mayfair Residency were fetching at the time (AED 1,263). 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. 513's AED 60,000 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
5071-bedAED 1.03M · Nov 2025
5081-bedAED 660K · Jan 2023
1–7 of 12

513, Mayfair Residency in numbers

  • Sold twice: first on 15 January 2012 for AED 542,263, last on 13 November 2024 for AED 871,000 (AED 1,158 per sqft).
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 60,000 by June 2026.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.9%, 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 20 June 2026.

Questions about 513, Mayfair Residency

What did unit 513 last sell for?

AED 871,000 on 13 November 2024: AED 1,158 per sqft for 752 sqft. The unit has 2 registered sales; the first was AED 542,263 in January 2012.

What is the rent for unit 513?

AED 60,000 a year on the contract signed on 20 June 2026. The previous contract, from November 2025, was AED 78,718; the unit has been rented since February 2019.

How big is unit 513?

752 sqft (69.9 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2011.

What is unit 513 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.

Selling 513? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 513, Mayfair Residency

Starts from the last sale price (AED 871K, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 871,000
Deposit, UAE resident (20%)
AED 174,200
Deposit, non-resident (40%)
AED 348,400
Monthly over 25 years at 3.7%
AED 3,564

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