1-bed · 574 sqftMayfair Tower, Business Bay · 5th floor · completed 2011

510, Mayfair Tower

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 879K6 June 2012
Current rentAED 70K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Mayfair Tower

What is 510 worth today?

Last sold for AED 878,776 in 2012

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15 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
20 Jul 2024RentedRenewal
AED 65,000/yr12 months · AED 114 per sqft
20 Jul 2023RentedRenewal
AED 51,600/yr12 months · AED 90 per sqft
20 Jul 2022RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
5 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft
20 Jan 2021RentedNew contract
AED 34,000/yr12 months · AED 60 per sqft
7 Apr 2020RentedRenewal
AED 42,000/yr12 months · AED 74 per sqft
7 Apr 2019RentedRenewal
AED 57,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
574 sqft
Floor
5th of 17
Parking
B3-70
Developer
Deyaar
Completed
2011
Service charge
AED 9,300 /yr
Last sold
AED 879K · June 2012

About 510, Mayfair Tower

510 is a one-bedroom apartment of 574 sqft on the 5th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 6 June 2012 for AED 878,776, or AED 1,531 per sqft, 6% above the AED 1,441 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 15 October 2025, is AED 70,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 9,300 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in Mayfair Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 831,809; 2010 AED 876,848; 2011 AED 615,402; 2012 AED 875,163; 2013 AED 851,281; 2014 AED 900,000; 2015 AED 862,500; 2016 AED 725,000; 2017 AED 850,000; 2019 AED 730,000; 2021 AED 530,000; 2022 AED 600,000; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 965,000; 2026 AED 1,000,000Sold by developer, June 2009: AED 828,776 (AED 1,444 per sqft)Sold, June 2012: AED 878,776 (AED 1,531 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in Mayfair Tower
40K60K2012201620202024Typical rent by year: 2012 AED 35,077; 2013 AED 46,200; 2014 AED 52,800; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 54,000; 2020 AED 45,000; 2021 AED 41,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 70,000; 2026 AED 68,775New contract, July 2015: AED 60,000 a yearNew contract, August 2016: AED 68,000 a yearNew contract, March 2017: AED 65,000 a yearNew contract, April 2018: AED 57,000 a yearRenewal, April 2019: AED 57,000 a yearRenewal, April 2020: AED 42,000 a yearNew contract, January 2021: AED 34,000 a yearNew contract, July 2021: AED 36,000 a yearNew contract, July 2022: AED 43,000 a yearRenewal, July 2023: AED 51,600 a yearRenewal, July 2024: AED 65,000 a yearNew contract, October 2025: AED 70,000 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 Tower, and where 510 sits

All 202 1-beds →

510 last sold in June 2012 at AED 1,531 per sqft, 6% above what one-beds in Mayfair Tower were fetching at the time (AED 1,441). Over the last 12 months one-beds sold for AED 810,000 to 1,113,296, around AED 1,394 per sqft, and rent for AED 58,000 to 104,000 a year. 510's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,000,000
19 Aug 20261,100,000
20 Jul 2026810,000
6 May 2026875,000
9 1-bed sales in the last 12 months

Mayfair Tower

Building

215 apartments, 1-bed to 2-bed over 17 floors in Business Bay, completed in 2011 by Deyaar. 9 sold in the last 12 months.

Typical price per sqft
AED 1,394
Typical sale
AED 1M
Typical rent
AED 70K /yr
Typical yield
7.9%
Mayfair Tower, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 215 units in Mayfair Tower
Value
5011-bedAED 850K · Aug 2016
5021-bedAED 1.22M · Mar 2014
5031-bedAED 1.1M · Jan 2026
5041-bedAED 1.22M · Mar 2014
5051-bedAED 970K · Mar 2017
5061-bedAED 325K · Dec 2012
5071-bedAED 846K · Jul 2013
1–7 of 13

510, Mayfair Tower in numbers

  • Sold twice: first on 11 June 2009 for AED 828,776, last on 6 June 2012 for AED 878,776 (AED 1,531 per sqft).
  • Rented since July 2015 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 70,000 by October 2025.
  • At AED 70,000 a year the gross yield on the 2012 price is 8.0%, before a service charge of about AED 9,300 a year (AED 16.23 per sqft).
  • One-beds in Mayfair Tower sold for AED 810,000–1,113,296 in the 12 months to November 2026; the building's median across all types is AED 1,394 per sqft.

Source: Dubai Land Department. Updated 15 October 2025.

Questions about 510, Mayfair Tower

What did unit 510 last sell for?

AED 878,776 on 6 June 2012: AED 1,531 per sqft for 574 sqft. The unit has 2 registered sales; the first was AED 828,776 in June 2009.

What is the rent for unit 510?

AED 70,000 a year on the contract signed on 15 October 2025. The previous contract, from July 2024, was AED 65,000; the unit has been rented since July 2015.

How big is unit 510?

574 sqft (53.3 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2011.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Tower sold for AED 810,000 to 1,113,296 in the last 12 months, around AED 1,394 per sqft.

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Mortgage on 510, Mayfair Tower

Starts from the last sale price (AED 879K, 6 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 878,776
Deposit, UAE resident (20%)
AED 175,755
Deposit, non-resident (40%)
AED 351,510
Monthly over 25 years at 3.7%
AED 3,595

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