614 sqftMayfair Residency, Business Bay · 5th floor · completed 2011

507, Mayfair Residency

Sold prices and rental history: sold 5 times, last in November 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 13 November 2025
Last soldAED 1.03M13 November 2025
Current rentAED 50K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mayfair Residency

What is 507 worth today?

Last sold for AED 1,030,000 in 2025

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13 Nov 2025SoldReady
AED 1,030,000AED 1,678 per sqft
16 Dec 2024SoldReady
AED 700,000AED 1,140 per sqft
1 May 2024RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
5 Nov 2023RentedNew contract
AED 67,000/yr12 months · AED 109 per sqft
15 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 94 per sqft
10 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
1 Jul 2020RentedRenewal
AED 49,000/yr12 months · AED 80 per sqft
1 Jul 2019RentedNew contract
AED 49,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 13 November 2025.

Key facts

Type
Apartment
Size
614 sqft
Floor
5th of 18
Parking
B2-22
Developer
Deyaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 1.03M · November 2025

About 507, Mayfair Residency

507 is an apartment of 614 sqft on the 5th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 November 2025 for AED 1,030,000, or AED 1,678 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 May 2024, is AED 50,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 9,900 a year.

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
5031-bedAED 910K · Mar 2017
5041-bedAED 400K · Apr 2016
5061-bedNo registered sale
5081-bedAED 660K · Jan 2023
5091-bedAED 760K · Jun 2023
1–7 of 12

507, Mayfair Residency in numbers

  • Sold 5 times: first on 1 April 2013 for AED 670,153, last on 13 November 2025 for AED 1,030,000 (AED 1,678 per sqft).
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 49,000 to AED 38,000 in 2021 and recovered to AED 50,000 by May 2024.
  • At AED 50,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 9,900 a year (AED 16.20 per sqft).

Source: Dubai Land Department. Updated 13 November 2025.

Questions about 507, Mayfair Residency

What did unit 507 last sell for?

AED 1,030,000 on 13 November 2025: AED 1,678 per sqft for 614 sqft. The unit has 5 registered sales; the first was AED 670,153 in April 2013.

What is the rent for unit 507?

AED 50,000 a year on the contract signed on 1 May 2024. The previous contract, from November 2023, was AED 67,000; the unit has been rented since July 2019.

How big is unit 507?

614 sqft (57.0 sqm): an apartment on the 5th floor of a 18-storey tower completed in 2011.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 507, Mayfair Residency

Starts from the last sale price (AED 1.03M, 13 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

Plus AED 48,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →