512, Mayfair Tower
Sold prices and rental history: sold 4 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Mayfair Tower
What is 512 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 5th of 17
- Parking
- B1-57
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,100 /yr
- Last sold
- AED 920K · April 2025
- Building
- Mayfair Tower
About 512, Mayfair Tower
512 is a one-bedroom apartment of 619 sqft on the 5th floor of Mayfair Tower, a 17-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 8 April 2025 for AED 920,000, or AED 1,485 per sqft, 5% above the AED 1,420 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 60,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 10,100 a year.
Sales and rents for 512 over time
512 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 512 sits
All 202 1-beds →512 last sold in April 2025 at AED 1,485 per sqft, 5% above what one-beds in Mayfair Tower were fetching at the time (AED 1,420). 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. 512's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 807 sqft | 1,000,000 | 1,239 | ||
| 19 Aug 202619 August 2026 | 807 sqft | 1,100,000 | 1,363 | ||
| 20 Jul 202620 July 2026 | 569 sqft | 810,000 | 1,423 | ||
| 6 May 20266 May 2026 | 627 sqft | 875,000 | 1,394 |
Mayfair Tower
Building215 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%
Other units on the 5th floor
All 215 units in Mayfair Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 574 sqft | AED 850KAED 850,000 · Aug 2016August 2016 | 60,000 /yr | |
| 502 | 1-bed | 805 sqft | AED 1.22MAED 1,220,185 · Mar 2014March 2014 | 65,463 /yr | |
| 503 | 1-bed | 574 sqft | AED 1.1MAED 1,100,000 · Jan 2026January 2026 | 65,000 /yr | |
| 504 | 1-bed | 807 sqft | AED 1.22MAED 1,221,540 · Mar 2014March 2014 | 55,000 /yr | |
| 505 | 1-bed | 569 sqft | AED 970KAED 970,000 · Mar 2017March 2017 | 82,000 /yr | |
| 506 | 1-bed | 288 sqft | AED 325KAED 325,000 · Dec 2012December 2012 | 65,000 /yr | |
| 507 | 1-bed | 576 sqft | AED 846KAED 845,925 · Jul 2013July 2013 | ||
| 508 | 1-bed | 569 sqft | AED 871KAED 871,486 · Dec 2012December 2012 | 80,000 /yr | |
| 509 | 1-bed | 807 sqft | AED 1.02MAED 1,021,527 · Mar 2014March 2014 | 60,000 /yr | |
| 510 | 1-bed | 574 sqft | AED 879KAED 878,776 · Jun 2012June 2012 | 70,000 /yr | |
| 511 | 1-bed | 804 sqft | AED 1.16MAED 1,163,809 · Jun 2009June 2009 | ||
| 513 | 1-bed | 627 sqft | AED 874KAED 874,024 · Mar 2014March 2014 | 63,000 /yr | |
| 514 | 1-bed | 627 sqft | AED 433KAED 432,500 · Aug 2017August 2017 | 68,000 /yr |
512, Mayfair Tower in numbers
- Sold 4 times: first on 11 June 2009 for AED 828,751, last on 8 April 2025 for AED 920,000 (AED 1,485 per sqft).
- Rented since June 2014 on 4 Ejari contracts. The rent fell from AED 76,000 to AED 39,000 in 2021 and recovered to AED 60,000 by September 2026.
- At AED 60,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 10,100 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 1 September 2026.
Questions about 512, Mayfair Tower
What did unit 512 last sell for?
AED 920,000 on 8 April 2025: AED 1,485 per sqft for 619 sqft. The unit has 4 registered sales; the first was AED 828,751 in June 2009.
What is the rent for unit 512?
AED 60,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2021, was AED 42,000; the unit has been rented since June 2014.
How big is unit 512?
619 sqft (57.5 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2011.
What is unit 512 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.
Selling 512? 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.
Mortgage on 512, Mayfair Tower
Starts from the last sale price (AED 920K, 8 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →