Studio · 432 sqftThe Mayfair, Town Square · 1st floor

122, The Mayfair

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 541K28 September 2023
Current rentAED 47K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, The Mayfair

What is 122 worth today?

Last sold for AED 540,888 in 2023

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1 Nov 2026RentedNew contract
AED 47,000/yr12 months · AED 109 per sqft
28 Sep 2023Sold by developerOff-plan
AED 540,888AED 1,252 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
1st of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 541K · September 2023
Building
The Mayfair

About 122, The Mayfair

122 is a studio of 432 sqft on the 1st floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 28 September 2023 for AED 540,888, or AED 1,252 per sqft, 18% below the AED 1,527 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 47,000 a year: a gross yield of 8.7% on the 2023 price.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical studio in The Mayfair
500K550K600K20232024202520262027Typical sale price by year: 2023 AED 510,888; 2024 AED 533,388; 2026 AED 620,000Sold by developer, September 2023: AED 540,888 (AED 1,252 per sqft)

122 has sold once; the dashed line is the studio median of each year in the building.

Studios in The Mayfair, and where 122 sits

All 12 studios →

122 last sold in September 2023 at AED 1,252 per sqft, 18% below what studios in The Mayfair were fetching at the time (AED 1,527). Over the last 12 months studios sold for AED 620,000 to 660,000, around AED 1,861 per sqft, and rent for AED 45,000 to 47,000 a year.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026660,000
9 Oct 2026620,000
30 Mar 2026620,000
29 Jul 2024540,888
3 studio 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

122, The Mayfair in numbers

  • Sold once: by Nshama Properties on 28 September 2023 for AED 540,888, or AED 1,252 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2023 price is 8.7%.
  • Studios in The Mayfair sold for AED 620,000–660,000 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 1 November 2026.

Questions about 122, The Mayfair

What did unit 122 last sell for?

AED 540,888 on 28 September 2023, sold by the developer: AED 1,252 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 47,000 a year on the contract signed on 1 November 2026.

How big is unit 122?

432 sqft (40.1 sqm): a studio on the 1st floor of a 6-storey tower.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Mayfair sold for AED 620,000 to 660,000 in the last 12 months, around AED 1,861 per sqft.

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Mortgage on 122, The Mayfair

Starts from the last sale price (AED 541K, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,888
Deposit, UAE resident (20%)
AED 108,178
Deposit, non-resident (40%)
AED 216,355
Monthly over 25 years at 3.7%
AED 2,213

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