3-bed · 1,531 sqftThe Mayfair, Town Square · 2nd floor

228, The Mayfair

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

Unit 228 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.46M3 October 2023
Current rentAED 150K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, The Mayfair

What is 228 worth today?

Last sold for AED 1,464,888 in 2023

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18 Oct 2026RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
3 Oct 2023Sold by developerOff-plan
AED 1,464,888AED 959 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
3-bed apartment
Size
1,531 sqft
Floor
2nd of 6
Parking
G-111, G-112
Developer
Nshama Properties
Last sold
AED 1.46M · October 2023
Building
The Mayfair

About 228, The Mayfair

228 is a three-bedroom apartment of 1,531 sqft on the 2nd floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 3 October 2023 for AED 1,464,888, or AED 959 per sqft, 3% above the AED 929 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 October 2026. The current contract, signed on 18 October 2026, is AED 150,000 a year: a gross yield of 10.2% on the 2023 price.

Sales and rents for 228 over time

Sales
Unit 228, 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, October 2023: AED 1,464,888 (AED 959 per sqft)

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

3-beds in The Mayfair, and where 228 sits

All 24 3-beds →

228 last sold in October 2023 at AED 959 per sqft, 3% above what three-beds in The Mayfair were fetching at the time (AED 929). 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. 228's AED 150,000 is in the upper half of that range.

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 2nd floor

All 241 units in The Mayfair
Value
2012-bedAED 1.39M · Nov 2023
2022-bedAED 1.35M · Sep 2025
2032-bedAED 1.06M · Nov 2023
2041-bedAED 708K · Sep 2023
205StudioAED 526K · Jul 2024
2061-bedAED 857K · Oct 2023
2071-bedAED 708K · Mar 2025
1–7 of 37

228, The Mayfair in numbers

  • Sold once: by Nshama Properties on 3 October 2023 for AED 1,464,888, or AED 959 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 10.2%.
  • 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 18 October 2026.

Questions about 228, The Mayfair

What did unit 228 last sell for?

AED 1,464,888 on 3 October 2023, sold by the developer: AED 959 per sqft for 1,531 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 150,000 a year on the contract signed on 18 October 2026.

How big is unit 228?

1,531 sqft (142.2 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 228 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 228, The Mayfair

Starts from the last sale price (AED 1.46M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,464,888
Deposit, UAE resident (20%)
AED 292,978
Deposit, non-resident (40%)
AED 585,955
Monthly over 25 years at 3.7%
AED 5,993

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