2-bed · 1,324 sqftThe Mayfair, Town Square · 4th floor

438, 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 438 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 1.32M28 September 2023
Current rentAED 116K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 438, The Mayfair

What is 438 worth today?

Last sold for AED 1,318,888 in 2023

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19 Oct 2026RentedNew contract
AED 115,948/yr12 months · AED 86 per sqft
28 Sep 2023Sold by developerOff-plan
AED 1,318,888AED 996 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
4th of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.32M · September 2023
Building
The Mayfair

About 438, The Mayfair

438 is a two-bedroom apartment of 1,324 sqft on the 4th floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 28 September 2023 for AED 1,318,888, or AED 996 per sqft, in line with the AED 1,003 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 October 2026. The current contract, signed on 19 October 2026, is AED 115,948 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 438 over time

Sales
Unit 438, 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 1,318,888 (AED 996 per sqft)

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

2-beds in The Mayfair, and where 438 sits

All 106 2-beds →

438 last sold in September 2023 at AED 996 per sqft, in line with what two-beds in The Mayfair were fetching at the time (AED 1,003). 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. 438's AED 115,948 is in the upper 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 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

438, The Mayfair in numbers

  • Sold once: by Nshama Properties on 28 September 2023 for AED 1,318,888, or AED 996 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 115,948 a year.
  • At AED 115,948 a year the gross yield on the 2023 price is 8.8%.
  • 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 19 October 2026.

Questions about 438, The Mayfair

What did unit 438 last sell for?

AED 1,318,888 on 28 September 2023, sold by the developer: AED 996 per sqft for 1,324 sqft. It is the only registered sale of the unit.

What is the rent for unit 438?

AED 115,948 a year on the contract signed on 19 October 2026.

How big is unit 438?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 438 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 438, The Mayfair

Starts from the last sale price (AED 1.32M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,888
Deposit, UAE resident (20%)
AED 263,778
Deposit, non-resident (40%)
AED 527,555
Monthly over 25 years at 3.7%
AED 5,396

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