1-bed · 728 sqftThe Mayfair, Town Square · 5th floor

506, The Mayfair

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 831K12 September 2023
Current rentAED 70K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, The Mayfair

What is 506 worth today?

Last sold for AED 830,888 in 2023

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1 Nov 2026RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
12 Sep 2023Sold by developerOff-plan
AED 830,888AED 1,141 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
728 sqft
Floor
5th of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 831K · September 2023
Building
The Mayfair

About 506, The Mayfair

506 is a one-bedroom apartment of 728 sqft on the 5th floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 12 September 2023 for AED 830,888, or AED 1,141 per sqft, in line with the AED 1,140 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 506 over time

Sales
Unit 506, 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 830,888 (AED 1,141 per sqft)

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

1-beds in The Mayfair, and where 506 sits

All 99 1-beds →

506 last sold in September 2023 at AED 1,141 per sqft, in line with what one-beds in The Mayfair were fetching at the time (AED 1,140). 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. 506's AED 70,000 is in the upper half 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 5th floor

All 241 units in The Mayfair
Value
5012-bedAED 1.3M · Aug 2023
5022-bedAED 1.58M · Oct 2026
5032-bedAED 1.1M · Sep 2023
5041-bedAED 729K · Sep 2023
505StudioAED 660K · Oct 2026
5071-bedAED 729K · Oct 2023
5081-bedAED 749K · Sep 2023
1–7 of 37

506, The Mayfair in numbers

  • Sold once: by Nshama Properties on 12 September 2023 for AED 830,888, or AED 1,141 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 1 November 2026.

Questions about 506, The Mayfair

What did unit 506 last sell for?

AED 830,888 on 12 September 2023, sold by the developer: AED 1,141 per sqft for 728 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 70,000 a year on the contract signed on 1 November 2026.

How big is unit 506?

728 sqft (67.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 506 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 506, The Mayfair

Starts from the last sale price (AED 831K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,888
Deposit, UAE resident (20%)
AED 166,178
Deposit, non-resident (40%)
AED 332,355
Monthly over 25 years at 3.7%
AED 3,399

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