The Mayfair
- Completed 2026
- 7 floors
- 6 lifts
- 288 parking bays
- 1 pool
- Master developer Nshama
A 2 bed in The Mayfair costs a median AED 1.48M and rents long-let for AED 112,000/yr (7.6% gross).
2 bed · typical price
1.48MAED
AED 1,383/sqft · +10.9% on a year
- Rent a year
- AED 112,000
- Gross yield
- 7.6%
- vs Town Square
- 7% below the median
Cost to buy, all inAED 1.57M
- Price
- AED 1.48M
- DLD fee 4%
- AED 59,200
- Agent 2% + VAT
- AED 31,080
- Trustee
- AED 4,200
Fees repaid by rent10 months
Is The Mayfair a good investment?Prices rising and easy to sell; few units are let and lots of new supply is coming; no record of the rent trend
- Does it pay a good rent?7.6% gross, before the service charge (not on file) (Dubai median 6.8%)7.6%Fair
- Is it easy to let?10% of units signed a yearly lease in 12 months; the typical Town Square building manages 0%10%Watch
Town Square median 0% · top tenth from 64%The Mayfair · 10% Across 25 Town Square buildings with 40 or more units, the median signed annual leases on 0% of units in 12 months and the top tenth on 64% or more; The Mayfair is at 10%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?2 bed: AED 1,137/sqft a year ago, 1,262 now+10.9%Strength
- How fast do fees pay back?AED 94,480 in fees to buy a 2 bed; rent covers it in 0.8 years0.8 yrs
- Can I sell easily?61 sales in 12 months, 25% of the tower (23 the year before)61Strength
- Is a lot being built nearby?2,058 apartments are planned in Town Square from 2026 to 2028, equal to 51% of the 4,024 homes let there today. A further 576 are past their planned date. Town Square supply by year →51%Watch
- Did earlier buyers gain?Up 21% for launch buyers, before fees+21.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
The Mayfair prices and rents by unit typeA two-bed costs about AED 1.48M and rents for about AED 112,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Town Square · area median AED 1,350/sqft
- 12-month change
- +10.9%
- 3 years
- +25.7% · +7.9%/yr
- vs area median
- -6.5%
- Rank by price per sqft
- 37th of 53
- Off-plan price gain, 2023–2026
- +35.0% · +22.1%/yr
Rental income
2 bed · Town Square
- Gross yield
- 7.6%
- Median new rent
- AED 112,000/yr
- Yield vs area median
- +0.4 pts
- Yield vs Dubai (6.8%)
- +0.8 pts
- Yield rank
- 3rd of 28
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Aug 2023, AED 1,207,888; latest, Oct 2026, AED 1,555,000; peak, Mar 2024, AED 1,757,888.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,296 · before fees
- Launch, 2023–26
- 1,069
- +21%
- 241 sales
- 3 years ago
- 1,070
- +21%
- 223 sales
- Previous 12 months
- 1,199
- +8%
- 23 sales
- Last 12 months
- 1,296
- today
- 61 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
17 resales in the last 12 months, against 94 a year on average over 2023–2025.
17 resales in the last 12 months.
Comparables in Town Square
Every Town Square building with a page, ranked by price per sqft over the same 12 months, all unit types. The Mayfair places 33rd of 56; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Mayfair (AED 1,296/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, The Mayfair has registered sale prices 7% below the Town Square median price per square foot of 1,350 AED, across 53 eligible buildings. It ranks 37th of 53 by price per square foot and 3rd of 28 by gross yield in Town Square.
Market context in Town Square
Registered sales activity
702 ready apartment sales in the 12 months to 2026-10-12.
+8.5% in median AED/sqft versus the preceding year, supported by 702 current and 796 prior price observations.
Explore sales activityPlanned apartment projects
662 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,058 apartments are planned in Town Square from 2026 to 2028, equal to 51% of the 4,024 homes let there today.
Ready prices per sqft fell in 11% of 38 buildings (counted once per bedroom type) in Town Square with sales in both years; the typical one moved +6.7%.
New-lease rents fell in 0% of 10 buildings (counted once per bedroom type) with leases in both years; the typical one moved +3.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About The Mayfair
The Mayfair is an apartment building completed in 2026 by Nshama in Town Square. 326 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 7
- Lifts
- 6
- Parking bays
- 288
- Pools
- 1
- Master developer
- Nshama
Drive times · typical
- Downtown
- 28 min · 31 km
- DXB Airport
- 30 min · 39 km
- DIFC
- 26 min · 34 km
- Dubai Marina
- 25 min · 27 km
- Palm Jumeirah
- 31 min · 31 km
Nearest, as registered
The Mayfair: AED 1,296 per sq ft, 5% below the median Town Square building, and a 5.7% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The MayfairAED 1,296
- Town Square, readyAED 1,352
- Town Square, off-planAED 1,683
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The MayfairTown Square median building
- Town Square5.7% vs 7.0%
More from Nshama
Fiori
Town Square · 112 sales, 12 months
1.36M
AED, resale median · 1,684/sqft
Nshama Camden
Town Square · 100 sales, 12 months
1.60M
AED, resale median · 1,729/sqft
The Hamilton
Town Square · 86 sales, 12 months
1.46M
AED, resale median · 1,366/sqft
Olbia
Town Square · 85 sales, 12 months
1.42M
AED, resale median · 1,592/sqft
Nearby in Town Square
Prices per sq ft around The Mayfair, on the mapPrices per sq ft around The Mayfair, on the map
The Hamilton
Town Square · 86 sales, 12 months
1.46M
AED, resale median · 1,366/sqft
Holland Gardens
Town Square · 83 sales, 12 months
1.45M
AED, resale median · 1,410/sqft
Liva
Town Square · 66 sales, 12 months
777,500
AED, resale median · 1,668/sqft
The Regent
Town Square · 41 sales, 12 months
1.42M
AED, resale median · 1,447/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Mayfair’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 6,581AED
- 4.5% over 25 years
- Monthly rent
- 9,333AED
- AED 112,000 a year
- Cash needed at purchase
- 408,280AED
- 20% down plus AED 112,280 in fees
Owning costs AED 432,653 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in The Mayfair?
- The Mayfair returns 7.6% gross: a median new-contract rent of AED 112,000 a year (9 Ejari contracts in 12 months) over a price benchmark of AED 1.48M (median of 28 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in The Mayfair cost?
- The median registered sale price is AED 1.48M (1,262 AED/sqft), from 28 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The Mayfair selling for right now?
- Registered sales of ready units in The Mayfair over the last 12 months have a median of 1,383 AED/sqft, across 8 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The Mayfair risen or fallen?
- Median price per square foot moved +10.9% over the last 12 months against the 12 before it, on 28 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does The Mayfair compare with Town Square?
- Its 7.6% gross yield sits +0.4 pts against the Town Square median of 7.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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The Mayfair sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 28 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/town-square/the-mayfair
Cite as: Dubai Wealth Index. “The Mayfair sale prices and yield.” Town Square, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/town-square/the-mayfair
Stable dataJSON