2-bed · 1,312 sqftThe Mayfair, Town Square · 2nd floor

238, The Mayfair

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

Unit 238 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.6M6 March 2026
Current rentAED 110K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 238, The Mayfair

What is 238 worth today?

Last sold for AED 1,600,000 in 2026

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15 Oct 2026RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
6 Mar 2026SoldOff-plan
AED 1,600,000AED 1,219 per sqft
18 Dec 2023Sold by developerOff-plan
AED 1,385,888AED 1,056 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
2nd of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.6M · March 2026
Building
The Mayfair

About 238, The Mayfair

238 is a two-bedroom apartment of 1,312 sqft on the 2nd floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. It last sold on 6 March 2026 for AED 1,600,000, or AED 1,219 per sqft, in line with the AED 1,230 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2026. The current contract, signed on 15 October 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2026 price.

Sales and rents for 238 over time

Sales
Unit 238, each saleTypical two-bed in The Mayfair
1.25M1.5M20232024202520262027Typical sale price by year: 2023 AED 1,118,888; 2024 AED 1,620,388; 2025 AED 1,330,000; 2026 AED 1,550,000Sold by developer, December 2023: AED 1,385,888 (AED 1,056 per sqft)Sold, March 2026: AED 1,600,000 (AED 1,219 per sqft)

238 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in The Mayfair, and where 238 sits

All 106 2-beds →

238 last sold in March 2026 at AED 1,219 per sqft, in line with what two-beds in The Mayfair were fetching at the time (AED 1,230). Over the last 12 months two-beds sold for AED 1,120,000 to 2,150,000, around AED 1,312 per sqft, and rent for AED 100,000 to 130,000 a year. 238's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,640,000
4 Nov 20261,600,000
3 Nov 20261,500,000
27 Oct 20261,530,000
35 2-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

238, The Mayfair in numbers

  • Sold twice: first on 18 December 2023 for AED 1,385,888, last on 6 March 2026 for AED 1,600,000 (AED 1,219 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2026 price is 6.9%.
  • Two-beds in The Mayfair sold for AED 1,120,000–2,150,000 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 15 October 2026.

Questions about 238, The Mayfair

What did unit 238 last sell for?

AED 1,600,000 on 6 March 2026: AED 1,219 per sqft for 1,312 sqft. The unit has 2 registered sales; the first was AED 1,385,888 in December 2023.

What is the rent for unit 238?

AED 110,000 a year on the contract signed on 15 October 2026.

How big is unit 238?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 238 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Mayfair sold for AED 1,120,000 to 2,150,000 in the last 12 months, around AED 1,312 per sqft.

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Mortgage on 238, The Mayfair

Starts from the last sale price (AED 1.6M, 6 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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