3-bed · 1,525 sqftThe Mayfair, Town Square · 3rd floor

311, The Mayfair

Sold prices and rental history: sold once, by the developer in September 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 311 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.45M9 September 2023
Current rentAED 150K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, The Mayfair

What is 311 worth today?

Last sold for AED 1,453,888 in 2023

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1 Oct 2026RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
9 Sep 2023Sold by developerOff-plan
AED 1,453,888AED 953 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
3-bed apartment
Size
1,525 sqft
Floor
3rd of 6
Parking
2
Developer
Nshama Properties
Last sold
AED 1.45M · September 2023
Building
The Mayfair

About 311, The Mayfair

311 is a three-bedroom apartment of 1,525 sqft on the 3rd floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 9 September 2023 for AED 1,453,888, or AED 953 per sqft, in line with the AED 927 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 150,000 a year: a gross yield of 10.3% on the 2023 price.

Sales and rents for 311 over time

Sales
Unit 311, 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 1,453,888 (AED 953 per sqft)

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

3-beds in The Mayfair, and where 311 sits

All 24 3-beds →

311 last sold in September 2023 at AED 953 per sqft, in line with 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. 311'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 3rd floor

All 241 units in The Mayfair
Value
3012-bedAED 1.33M · Sep 2023
3022-bedAED 1.56M · Sep 2026
3032-bedAED 1.58M · Sep 2026
3041-bedAED 800K · May 2025
305StudioAED 620K · Mar 2026
3061-bedAED 851K · Sep 2023
3071-bedAED 715K · Sep 2023
1–7 of 37

311, The Mayfair in numbers

  • Sold once: by Nshama Properties on 9 September 2023 for AED 1,453,888, or AED 953 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 10.3%.
  • 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 1 October 2026.

Questions about 311, The Mayfair

What did unit 311 last sell for?

AED 1,453,888 on 9 September 2023, sold by the developer: AED 953 per sqft for 1,525 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 150,000 a year on the contract signed on 1 October 2026.

How big is unit 311?

1,525 sqft (141.7 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 311 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 311, The Mayfair

Starts from the last sale price (AED 1.45M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,453,888
Deposit, UAE resident (20%)
AED 290,778
Deposit, non-resident (40%)
AED 581,555
Monthly over 25 years at 3.7%
AED 5,948

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