1-bed · 675 sqftThe Mayfair, Town Square · 4th floor

408, The Mayfair

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

Unit 408 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 876K3 February 2026
Current rentAED 75K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, The Mayfair

What is 408 worth today?

Last sold for AED 876,000 in 2026

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2 Nov 2026RentedNew contract
AED 75,000/yr12 months · AED 108 per sqft
3 Feb 2026SoldOff-plan
AED 876,000AED 1,297 per sqft
9 Sep 2023Sold by developerOff-plan
AED 741,888AED 1,098 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
4th of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 876K · February 2026
Building
The Mayfair

About 408, The Mayfair

408 is a one-bedroom apartment of 675 sqft on the 4th floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. It last sold on 3 February 2026 for AED 876,000, or AED 1,297 per sqft, 4% above the AED 1,242 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 November 2026. The current contract, signed on 2 November 2026, is AED 75,000 a year: a gross yield of 8.6% on the 2026 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in The Mayfair
800K900K20232024202520262027Typical sale price by year: 2023 AED 761,888; 2025 AED 830,000; 2026 AED 910,000Sold by developer, September 2023: AED 741,888 (AED 1,098 per sqft)Sold, February 2026: AED 876,000 (AED 1,297 per sqft)

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

1-beds in The Mayfair, and where 408 sits

All 99 1-beds →

408 last sold in February 2026 at AED 1,297 per sqft, 4% above what one-beds in The Mayfair were fetching at the time (AED 1,242). Over the last 12 months one-beds sold for AED 820,000 to 980,000, around AED 1,327 per sqft, and rent for AED 59,000 to 75,000 a year. 408's AED 75,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Nov 2026950,000
26 Oct 2026980,000
26 Oct 2026980,000
26 Oct 2026980,000
24 1-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 4th floor

All 241 units in The Mayfair
Value
4012-bedAED 1.32M · Sep 2023
4022-bedAED 1.22M · Mar 2025
4032-bedAED 1.53M · Oct 2026
4041-bedAED 890K · Oct 2026
405StudioAED 513K · Sep 2023
4061-bedAED 845K · Oct 2023
4071-bedAED 722K · Nov 2023
1–7 of 37

408, The Mayfair in numbers

  • Sold twice: first on 9 September 2023 for AED 741,888, last on 3 February 2026 for AED 876,000 (AED 1,297 per sqft).
  • Rented since November 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2026 price is 8.6%.
  • One-beds in The Mayfair sold for AED 820,000–980,000 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 2 November 2026.

Questions about 408, The Mayfair

What did unit 408 last sell for?

AED 876,000 on 3 February 2026: AED 1,297 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 741,888 in September 2023.

What is the rent for unit 408?

AED 75,000 a year on the contract signed on 2 November 2026.

How big is unit 408?

675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Mayfair sold for AED 820,000 to 980,000 in the last 12 months, around AED 1,327 per sqft.

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Mortgage on 408, The Mayfair

Starts from the last sale price (AED 876K, 3 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 876,000
Deposit, UAE resident (20%)
AED 175,200
Deposit, non-resident (40%)
AED 350,400
Monthly over 25 years at 3.7%
AED 3,584

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