3-bed · 1,976 sqftThe Mayfair, Town Square · 1st floor

116, The Mayfair

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 1.59M9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, The Mayfair

What is 116 worth today?

Last sold for AED 1,590,888 in 2023

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9 Sep 2023Sold by developerOff-plan
AED 1,590,888AED 805 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
3-bed apartment
Size
1,976 sqft
Floor
1st of 6
Parking
2
Developer
Nshama Properties
Last sold
AED 1.59M · September 2023
Building
The Mayfair

About 116, The Mayfair

116 is a three-bedroom apartment of 1,976 sqft on the 1st floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 9 September 2023 for AED 1,590,888, or AED 805 per sqft, 13% below the AED 927 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical three-bed in The Mayfair
1.5M2M2.5M20232024202520262027Typical sale price by year: 2023 AED 1,590,888; 2024 AED 2,150,888; 2026 AED 2,550,000Sold by developer, September 2023: AED 1,590,888 (AED 805 per sqft)

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

3-beds in The Mayfair, and where 116 sits

All 24 3-beds →

116 last sold in September 2023 at AED 805 per sqft, 13% below what three-beds in The Mayfair were fetching at the time (AED 927). Over the last 12 months three-beds sold for AED 2,150,000 to 2,660,000, around AED 1,137 per sqft, and rent for AED 140,000 to 160,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,650,000
8 Oct 20262,150,000
7 Oct 20262,250,000
10 Jul 20262,550,000
5 3-bed sales in the last 12 months

The Mayfair

Building

241 apartments, studios to 3-bed over 6 floors in Town Square by Nshama Properties. 67 sold in the last 12 months.

Typical price per sqft
AED 1,322 Up 9.6%
Typical sale
AED 1.41M
Typical rent
AED 74K /yr
Typical yield
7.3%
The Mayfair, Town Square: prices, sales and rents →

Other units on the 1st floor

All 241 units in The Mayfair
Value
1012-bedAED 1.45M · Jul 2024
1022-bedAED 1.09M · Sep 2023
1032-bedAED 1.14M · Dec 2023
1041-bedAED 703K · Sep 2023
105StudioAED 541K · Feb 2024
1071-bedAED 703K · Sep 2023
1081-bedAED 830K · Oct 2025
1–7 of 24

116, The Mayfair in numbers

  • Sold once: by Nshama Properties on 9 September 2023 for AED 1,590,888, or AED 805 per sqft.
  • Three-beds in The Mayfair sold for AED 2,150,000–2,660,000 in the 12 months to November 2026; the building's median across all types is AED 1,322 per sqft.

Source: Dubai Land Department. Updated 9 September 2023.

Questions about 116, The Mayfair

What did unit 116 last sell for?

AED 1,590,888 on 9 September 2023, sold by the developer: AED 805 per sqft for 1,976 sqft. It is the only registered sale of the unit.

How big is unit 116?

1,976 sqft (183.6 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Mayfair sold for AED 2,150,000 to 2,660,000 in the last 12 months, around AED 1,137 per sqft.

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Mortgage on 116, The Mayfair

Starts from the last sale price (AED 1.59M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,590,888
Deposit, UAE resident (20%)
AED 318,178
Deposit, non-resident (40%)
AED 636,355
Monthly over 25 years at 3.7%
AED 6,509

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