1512, Mayfair Residency
Sold prices and rental history: sold twice, last in September 2012, 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 1512, Mayfair Residency
What is 1512 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 15th of 18
- Parking
- B1-24
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 10,300 /yr
- Last sold
- AED 530K · September 2012
- Building
- Mayfair Residency
About 1512, Mayfair Residency
1512 is a one-bedroom apartment of 633 sqft on the 15th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 4 September 2012 for AED 529,720, or AED 836 per sqft, 37% below the AED 1,327 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 27 June 2025, is AED 75,000 a year: a gross yield of 14.2% on the 2012 price, before the service charge of about AED 10,300 a year.
Sales and rents for 1512 over time
1512 has sold twice; 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 Residency, and where 1512 sits
All 187 1-beds →1512 last sold in September 2012 at AED 836 per sqft, 37% below what one-beds in Mayfair Residency were fetching at the time (AED 1,327). Over the last 12 months one-beds sold for AED 930,000 to 1,060,000, around AED 1,182 per sqft, and rent for AED 60,000 to 103,000 a year. 1512's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,028 sqft | 1,004,528 | 977 | ||
| 11 Feb 202611 February 2026 | 633 sqft | 945,000 | 1,492 | ||
| 27 Jan 202627 January 2026 | 623 sqft | 1,000,000 | 1,605 | ||
| 20 Jan 202620 January 2026 | 925 sqft | 930,000 | 1,005 |
Mayfair Residency
Building212 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2011 by Deyaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,182
- Typical sale
- AED 988K
- Typical rent
- AED 75K /yr
- Typical yield
- 9.3%
Other units on the 15th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 614 sqft | AED 1.13MAED 1,125,000 · Aug 2016August 2016 | ||
| 1502 | 1-bed | 780 sqft | AED 915KAED 915,000 · Apr 2017April 2017 | 77,000 /yr | |
| 1503 | 1-bed | 619 sqft | AED 865KAED 865,000 · Jun 2024June 2024 | 57,500 /yr | |
| 1504 | 1-bed | 596 sqft | AED 500KAED 500,000 · Jan 2012January 2012 | 60,000 /yr | |
| 1505 | 1-bed | 621 sqft | AED 750KAED 750,000 · Apr 2022April 2022 | 80,000 /yr | |
| 1510 | 1-bed | 625 sqft | AED 850KAED 849,999 · Jan 2014January 2014 | 70,000 /yr | |
| 1511 | 1-bed | 596 sqft | AED 800KAED 800,000 · May 2016May 2016 | ||
| 1513 | 1-bed | 752 sqft | AED 930KAED 930,000 · Jul 2013July 2013 | 85,000 /yr | |
| 1514 | 1-bed | 649 sqft | AED 900KAED 900,000 · May 2016May 2016 | 75,000 /yr |
1512, Mayfair Residency in numbers
- Sold twice: first on 2 September 2012 for AED 867,507, last on 4 September 2012 for AED 529,720 (AED 836 per sqft).
- Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 41,000 in 2021 and recovered to AED 75,000 by June 2025.
- At AED 75,000 a year the gross yield on the 2012 price is 14.2%, before a service charge of about AED 10,300 a year (AED 16.20 per sqft).
- One-beds in Mayfair Residency sold for AED 930,000–1,060,000 in the 12 months to November 2026; the building's median across all types is AED 1,182 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2025.
Questions about 1512, Mayfair Residency
What did unit 1512 last sell for?
AED 529,720 on 4 September 2012: AED 836 per sqft for 633 sqft. The unit has 2 registered sales; the first was AED 867,507 in September 2012.
What is the rent for unit 1512?
AED 75,000 a year on the contract signed on 27 June 2025. The previous contract, from September 2023, was AED 60,500; the unit has been rented since July 2014.
How big is unit 1512?
633 sqft (58.8 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2011.
What is unit 1512 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 930,000 to 1,060,000 in the last 12 months, around AED 1,182 per sqft.
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Mortgage on 1512, Mayfair Residency
Starts from the last sale price (AED 530K, 4 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 529,720
- Deposit, UAE resident (20%)
- AED 105,944
- Deposit, non-resident (40%)
- AED 211,888
- Monthly over 25 years at 3.7%
- AED 2,167
Plus AED 27,258 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →