The Mayfair, Town Square: sale prices and transactions
The Mayfair is a project registered with the Dubai Land Department (project no. 2723) in Town Square. Since August 2023, 330 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 58 sales closed at a median AED 14,143 per m² (AED 1,314 per sq ft).
- AED 14,143median price per m²
- AED 1,314median price per sq ft
- 330sales since 2023
- 58sales in 12 months
- +8.9%change year on year
Its price per m² is 13.3% below the Town Square median (AED 16,312/m²). Most sales (93.6%) were registered off-plan: the project was sold before completion.
The Mayfair prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 4 | AED 620,000 | 31 m² |
| Apartment · 1 bedroom | 22 | AED 895,000 | 63 m² |
| Apartment · 2 bedrooms | 28 | AED 1,495,000 | 99 m² |
| Apartment · 3 bedrooms | 4 | AED 2,400,000 | 179 m² |
The Mayfair price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2023 | 223 | AED 11,522 | AED 1,070 | — |
| 2024 | 19 | AED 10,613 | AED 986 | -7.9% |
| 2025 | 39 | AED 13,229 | AED 1,229 | +24.6% |
| 2026 (to mid-October) | 49 | AED 14,234 | AED 1,322 | +7.6% |
The Mayfair rents
36 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 7.8%, 2 bedrooms 7.4%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 17 | AED 70,000 | 64,589 – 70,000 | AED 70,000 |
| Apartment · 2 bedrooms | 15 | AED 110,000 | 110,000 – 120,000 | AED 110,000 |
The Mayfair off-plan: official sheet, progress and price list
Developer: Nshama Properties Owned by Nshmi Development One Person Company L.L.C, all projects
Neighbouring projects in Town Square
Same price per m² elsewhere in Dubai
- Hadley Heights 2, Dubai Sports City — AED 14,141/m²
- Ananda Residences, Motor City — AED 14,149/m²
- Binghatti Crescent, Jumeirah Village Circle — AED 14,140/m²
- South Living, Dubai South Residential District — AED 14,150/m²
Other projects in Town Square
- Grove — AED 14,205/m²
- Hillcrest — AED 14,247/m²
- Rawda Apartments — AED 14,012/m²
- Noor Townhouses — AED 14,557/m²
- Town Square Jenna and Warda — AED 14,680/m²
- The Hamilton — AED 14,713/m²
- Naseem Townhouses — AED 14,757/m²
- Lana on the Park — AED 14,766/m²
Town Square property prices · Town Square rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at The Mayfair?
Over the last 12 months the median is AED 1,314 per sq ft (AED 14,143 per m²) across 58 DLD sales.
How much is a studio at The Mayfair?
Median sale price AED 620,000 for a median 31 m², across 4 sales over the last 12 months.
How many sales have been registered at The Mayfair?
330 residential sales registered with the DLD between August 2023 and October 2026, 93.6% of them off-plan.
Where is The Mayfair?
In Town Square (DLD area Al Yelayiss 2), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.