2-bed · 1,086 sqftThe Mayfair, Town Square · 3rd floor

316, 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 316 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 1.17M13 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, The Mayfair

What is 316 worth today?

Last sold for AED 1,169,888 in 2023

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13 Sep 2023Sold by developerOff-plan
AED 1,169,888AED 1,076 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
2-bed apartment
Size
1,086 sqft
Floor
3rd of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.17M · September 2023
Building
The Mayfair

About 316, The Mayfair

316 is a two-bedroom apartment of 1,086 sqft on the 3rd floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 13 September 2023 for AED 1,169,888, or AED 1,076 per sqft, 8% above the AED 995 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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, September 2023: AED 1,169,888 (AED 1,076 per sqft)

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

2-beds in The Mayfair, and where 316 sits

All 106 2-beds →

316 last sold in September 2023 at AED 1,076 per sqft, 8% above what two-beds in The Mayfair were fetching at the time (AED 995). 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.

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 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

316, The Mayfair in numbers

  • Sold once: by Nshama Properties on 13 September 2023 for AED 1,169,888, or AED 1,076 per sqft.
  • 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 13 September 2023.

Questions about 316, The Mayfair

What did unit 316 last sell for?

AED 1,169,888 on 13 September 2023, sold by the developer: AED 1,076 per sqft for 1,086 sqft. It is the only registered sale of the unit.

How big is unit 316?

1,086 sqft (100.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 316 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 316, The Mayfair

Starts from the last sale price (AED 1.17M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,169,888
Deposit, UAE resident (20%)
AED 233,978
Deposit, non-resident (40%)
AED 467,955
Monthly over 25 years at 3.7%
AED 4,786

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