2-bed · 1,324 sqftThe Mayfair, Town Square · 5th floor

501, The Mayfair

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 1.3M30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, The Mayfair

What is 501 worth today?

Last sold for AED 1,297,888 in 2023

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30 Aug 2023Sold by developerOff-plan
AED 1,297,888AED 980 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
5th of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.3M · August 2023
Building
The Mayfair

About 501, The Mayfair

501 is a two-bedroom apartment of 1,324 sqft on the 5th floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 30 August 2023 for AED 1,297,888, or AED 980 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, August 2023: AED 1,297,888 (AED 980 per sqft)

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

2-beds in The Mayfair, and where 501 sits

All 106 2-beds →

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 5th floor

All 241 units in The Mayfair
Value
5022-bedAED 1.58M · Oct 2026
5032-bedAED 1.1M · Sep 2023
5041-bedAED 729K · Sep 2023
505StudioAED 660K · Oct 2026
5061-bedAED 831K · Sep 2023
5071-bedAED 729K · Oct 2023
5081-bedAED 749K · Sep 2023
1–7 of 37

501, The Mayfair in numbers

  • Sold once: by Nshama Properties on 30 August 2023 for AED 1,297,888, or AED 980 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 30 August 2023.

Questions about 501, The Mayfair

What did unit 501 last sell for?

AED 1,297,888 on 30 August 2023, sold by the developer: AED 980 per sqft for 1,324 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 501 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 501, The Mayfair

Starts from the last sale price (AED 1.3M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,297,888
Deposit, UAE resident (20%)
AED 259,578
Deposit, non-resident (40%)
AED 519,155
Monthly over 25 years at 3.7%
AED 5,310

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