1-bed · 627 sqftMayfair Tower, Business Bay · 5th floor · completed 2011

513, Mayfair Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 27 July 2025
Last soldAED 874K16 March 2014
Current rentAED 64K /yr27 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Mayfair Tower

What is 513 worth today?

Last sold for AED 874,024 in 2014

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27 Jul 2025RentedRenewal
AED 63,500/yr12 months · AED 101 per sqft
27 Jul 2023RentedRenewal
AED 53,475/yr12 months · AED 86 per sqft
27 Jul 2022RentedNew contract
AED 46,500/yr12 months · AED 74 per sqft
22 Jul 2021RentedRenewal
AED 40,000/yr13 months · AED 64 per sqft
22 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
1 Sep 2019RentedNew contract
AED 56,324/yr6 months · AED 90 per sqft
1 Mar 2019RentedNew contract
AED 56,000/yr12 months · AED 90 per sqft
1 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 27 July 2025.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
5th of 17
Parking
B3-13
Developer
Deyaar
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 874K · March 2014

About 513, Mayfair Tower

513 is a one-bedroom apartment of 627 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 16 March 2014 for AED 874,024, or AED 1,393 per sqft, in line with the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 27 July 2025, is AED 63,500 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical one-bed in Mayfair Tower
600K800K1M2009201420192024Typical sale price by year: 2009 AED 828,776; 2010 AED 876,848; 2011 AED 615,402; 2012 AED 874,664; 2013 AED 851,281; 2014 AED 909,934; 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 965,000Sold by developer, March 2014: AED 874,024 (AED 1,393 per sqft)

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

Rents
Unit 513, each contractTypical one-bed in Mayfair Tower
50K75K2012201620202024Typical rent by year: 2012 AED 35,077; 2013 AED 46,200; 2014 AED 52,800; 2015 AED 70,000; 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 73,500New contract, January 2014: AED 46,000 a yearNew contract, March 2015: AED 85,000 a yearNew contract, April 2016: AED 75,000 a yearNew contract, June 2017: AED 70,000 a yearNew contract, August 2018: AED 60,000 a yearNew contract, March 2019: AED 56,000 a yearNew contract, September 2019: AED 56,324 a yearNew contract, July 2020: AED 40,000 a yearRenewal, July 2021: AED 40,000 a yearNew contract, July 2022: AED 46,500 a yearRenewal, July 2023: AED 53,475 a yearRenewal, July 2025: AED 63,500 a year

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 513 sits

All 198 1-beds →

513 last sold in March 2014 at AED 1,393 per sqft, in line with what one-beds in Mayfair Tower were fetching at the time (AED 1,433). Over the last 12 months one-beds sold for AED 930,000 to 1,113,296, around AED 1,499 per sqft, and rent for AED 64,150 to 100,000 a year. 513's AED 63,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026930,000
8 Jan 20261,000,000
9 Dec 20251,036,850
9 Dec 20251,113,296
4 1-bed sales in the last 12 months

Mayfair Tower

Building

214 apartments, 1-bed to 2-bed over 17 floors in Business Bay, completed in 2011 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,499
Typical sale
AED 1.02M
Typical rent
AED 80K /yr
Typical yield
8.4%
Mayfair Tower, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 214 units in Mayfair Tower
Value
5011-bedAED 850K · Aug 2016
5021-bedAED 1.22M · Mar 2014
5041-bedAED 1.22M · Mar 2014
5051-bedAED 970K · Mar 2017
5061-bedAED 325K · Dec 2012
5071-bedAED 846K · Jul 2013
5081-bedAED 871K · Dec 2012
1–7 of 12

513, Mayfair Tower in numbers

  • Sold once: by Deyaar on 16 March 2014 for AED 874,024, or AED 1,393 per sqft.
  • Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 46,000 to AED 40,000 in 2021 and recovered to AED 63,500 by July 2025.
  • At AED 63,500 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 10,200 a year (AED 16.23 per sqft).
  • One-beds in Mayfair Tower sold for AED 930,000–1,113,296 in the 12 months to November 2026; the building's median across all types is AED 1,499 per sqft.

Source: Dubai Land Department. Updated 27 July 2025.

Questions about 513, Mayfair Tower

What did unit 513 last sell for?

AED 874,024 on 16 March 2014, sold by the developer: AED 1,393 per sqft for 627 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 63,500 a year on the contract renewed on 27 July 2025. The previous contract, from July 2023, was AED 53,475; the unit has been rented since January 2014.

How big is unit 513?

627 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2011.

What is unit 513 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 930,000 to 1,113,296 in the last 12 months, around AED 1,499 per sqft.

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Mortgage on 513, Mayfair Tower

Starts from the last sale price (AED 874K, 16 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 874,024
Deposit, UAE resident (20%)
AED 174,805
Deposit, non-resident (40%)
AED 349,610
Monthly over 25 years at 3.7%
AED 3,576

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