1-bed · 804 sqftMayfair Tower, Business Bay · 5th floor · completed 2011

511, Mayfair Tower

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 11 June 2009
Last soldAED 1.16M11 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Mayfair Tower

What is 511 worth today?

Last sold for AED 1,163,809 in 2009

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11 Jun 2009Sold by developerOff-plan
AED 1,163,809AED 1,447 per sqft

Source: Dubai Land Department. Updated 11 June 2009.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
5th of 17
Parking
P1-06
Developer
Deyaar
Completed
2011
Service charge
AED 13,000 /yr
Last sold
AED 1.16M · June 2009

About 511, Mayfair Tower

511 is a one-bedroom apartment of 804 sqft on the 5th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 11 June 2009 for AED 1,163,809, or AED 1,447 per sqft, in line with the AED 1,414 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Mayfair Tower
500K1M2009201420192024Typical 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 1,163,809 (AED 1,447 per sqft)

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

Rents
Unit 511, 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 68,775

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 511 sits

All 202 1-beds →

511 last sold in June 2009 at AED 1,447 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,414). 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.

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

511, Mayfair Tower in numbers

  • Sold once: by Deyaar on 11 June 2009 for AED 1,163,809, or AED 1,447 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 11 June 2009.

Questions about 511, Mayfair Tower

What did unit 511 last sell for?

AED 1,163,809 on 11 June 2009, sold by the developer: AED 1,447 per sqft for 804 sqft. It is the only registered sale of the unit.

How big is unit 511?

804 sqft (74.7 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2011.

What is unit 511 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 511, Mayfair Tower

Starts from the last sale price (AED 1.16M, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,163,809
Deposit, UAE resident (20%)
AED 232,762
Deposit, non-resident (40%)
AED 465,524
Monthly over 25 years at 3.7%
AED 4,762

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