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1-bed · 619 sqftMayfair Residency, Business Bay · 5th floor · completed 2011

503, Mayfair Residency

Sold prices and rental history: sold 3 times, last in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 28 March 2017
Last soldAED 910K28 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Mayfair Residency

What is 503 worth today?

Last sold for AED 910,000 in 2017

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28 Mar 2017SoldReady
AED 910,000AED 1,470 per sqft
20 Jan 2013SoldReady
AED 853,931AED 1,379 per sqft
11 Jun 2009Sold by developerOff-plan
AED 803,931AED 1,299 per sqft

Source: Dubai Land Department. Updated 28 March 2017.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
5th of 18
Parking
B1-27
Developer
Deyaar
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 910K · March 2017
Building
Mayfair Residency

About 503, Mayfair Residency

503 is a one-bedroom apartment of 619 sqft on the 5th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 28 March 2017 for AED 910,000, or AED 1,470 per sqft, 15% above the AED 1,280 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Mayfair Residency
500K750K1M2009201420192024Typical sale price by year: 2009 AED 822,326; 2010 AED 865,389; 2011 AED 826,234; 2012 AED 864,738; 2013 AED 851,966; 2014 AED 937,768; 2015 AED 925,000; 2016 AED 850,000; 2017 AED 840,000; 2018 AED 795,293; 2019 AED 575,000; 2020 AED 580,000; 2021 AED 550,250; 2022 AED 695,000; 2023 AED 767,500; 2024 AED 967,500; 2025 AED 1,080,000; 2026 AED 972,500Sold by developer, June 2009: AED 803,931 (AED 1,299 per sqft)Sold, January 2013: AED 853,931 (AED 1,379 per sqft)Sold, March 2017: AED 910,000 (AED 1,470 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Mayfair Residency
40K60K80K2013201720212025Typical rent by year: 2013 AED 50,600; 2014 AED 65,000; 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 42,500; 2022 AED 50,000; 2023 AED 61,337; 2024 AED 69,046; 2025 AED 72,000; 2026 AED 75,000

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 503 sits

All 187 1-beds →

503 last sold in March 2017 at AED 1,470 per sqft, 15% above what one-beds in Mayfair Residency were fetching at the time (AED 1,280). Over the last 12 months one-beds sold for AED 930,000 to 1,060,000, around AED 1,359 per sqft, and rent for AED 60,000 to 103,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,004,528
11 Feb 2026945,000
27 Jan 20261,000,000
20 Jan 2026930,000
7 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,359
Typical sale
AED 1M
Typical rent
AED 75K /yr
Typical yield
8.1%
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
5041-bedAED 400K · Apr 2016
5061-bedNo registered sale
507AED 1.03M · Nov 2025
5081-bedAED 660K · Jan 2023
5091-bedAED 760K · Jun 2023
1–7 of 12

503, Mayfair Residency in numbers

  • Sold 3 times: first on 11 June 2009 for AED 803,931, last on 28 March 2017 for AED 910,000 (AED 1,470 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 1,359 per sqft.

Source: Dubai Land Department. Updated 28 March 2017.

Questions about 503, Mayfair Residency

What did unit 503 last sell for?

AED 910,000 on 28 March 2017: AED 1,470 per sqft for 619 sqft. The unit has 3 registered sales; the first was AED 803,931 in June 2009.

How big is unit 503?

619 sqft (57.5 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2011.

What is unit 503 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 1,359 per sqft.

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Mortgage on 503, Mayfair Residency

Starts from the last sale price (AED 910K, 28 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

Plus AED 43,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →