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The Mayfair

A 2 bed in The Mayfair costs a median AED 1.48M and rents long-let for AED 112,000/yr (7.6% gross).

Satellite view of The Mayfair, Town Square, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about The Mayfair →

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

  1. Does it pay a good rent?7.6% gross, before the service charge (not on file) (Dubai median 6.8%)7.6%Fair
  2. 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%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. Are prices going up?2 bed: AED 1,137/sqft a year ago, 1,262 now+10.9%Strength
  5. 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
  6. Can I sell easily?61 sales in 12 months, 25% of the tower (23 the year before)61Strength
  7. 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
  8. 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

Check an asking price →How each reading works →

The Mayfair prices and rents by unit typeA two-bed costs about AED 1.48M and rents for about AED 112,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio12 units · 334 sqftAED 620,0001,861/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year4
1 bed100 units · 680 sqftAED 890,0001,285/sqftlaunch 1,141 +16.2%7.9%+0.3 ptsAED 70,00013 contracts+6.7%25
2 bed106 units · 1,203 sqftAED 1.48M1,262/sqftlaunch 996 +38.8%7.6%+0.4 ptsAED 112,0009 contracts+10.9%28
3 bed24 units · 2,180 sqftAED 2.40M1,271/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year4
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Town Square · area median AED 1,350/sqft

3 years
+25.7% · +7.9%/yr
vs area median
-6.5%
Rank by price per sqft
37th of 53

Rental income

2 bed · Town Square

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.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

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%
3 years ago
1,070
+21%
Previous 12 months
1,199
+8%
Last 12 months
1,296
today

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.

DateTypeSqftPriceAED/sqft
9 Oct 2026Studio333AED 620,0001,861
8 Oct 20263 bed1,531AED 2,150,0001,404
8 Oct 20261 bed694AED 915,0001,318
7 Oct 20263 bed1,531AED 2,250,0001,470
7 Oct 20262 bed1,386AED 1,625,0001,172
5 Oct 20262 bed1,067AED 1,550,0001,452
5 Oct 20261 bed645AED 890,0001,380
2 Oct 20261 bed717AED 890,0001,242
1 Oct 20262 bed1,051AED 1,450,0001,379
30 Sept 20262 bed1,068AED 1,525,0001,428

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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
29Symphony on the park36% · off-plan 1,193/sqftAED 1.25M1,363+5.2%—+4.7%27
30Town Square - Rawda Apartments 2Completed 2020 · off-plan 963/sqftAED 1.29M1,328+2.5%7.0%+9.2%16
31Town Square Safi 2bCompleted 2018 · off-plan 890/sqftAED 1.15M1,327+2.5%7.0%+17.0%7
32Hillcrest0% · Q2 2027 · off-plan 1,371/sqftAED 1.73M1,324+2.2%—-3.5%13
33The Mayfair · this buildingCompleted 2026 · off-plan 1,111/sqftAED 1.26M1,2965.7%+8.0%61
34Town Square Jenna 1Completed 2019 · off-plan 954/sqftAED 1.27M1,289-0.5%6.7%+8.7%18
35Town Square Safi 1bCompleted 2018 · off-plan 884/sqftAED 1.20M1,281-1.1%6.7%+8.4%13
36Town Square Zahra 1BCompleted 2019 · off-plan 830/sqftAED 1.20M1,280-1.2%6.7%—4
37ParksideCompleted 2020AED 1.20M1,279-1.3%7.5%+3.6%13

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for The Mayfair

Direct 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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. The MayfairAED 1,296
  2. Town Square, readyAED 1,352
  3. Town Square, off-planAED 1,683
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

The MayfairTown Square median building

  1. Town Square5.7% vs 7.0%
Line: the 10th to 90th percentile of 31 buildings in Town Square. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Town Square, by handover quarter

More from Nshama

Prices per sq ft around The Mayfair, on the map
Pills show median sale price, AED. 36 buildings pinned from Google place records and Apple geocoding · The Mayfair is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about The Mayfair

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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.

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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
Method
Definitions and calculations

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