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2-bed · 1,067 sqftThe Mayfair, Town Square · 2nd floor

229, The Mayfair

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

Unit 229 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 1.06M26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, The Mayfair

What is 229 worth today?

Last sold for AED 1,061,888 in 2023

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26 Sep 2023Sold by developerOff-plan
AED 1,061,888AED 995 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
2-bed apartment
Size
1,067 sqft
Floor
2nd of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.06M · September 2023
Building
The Mayfair

About 229, The Mayfair

229 is a two-bedroom apartment of 1,067 sqft on the 2nd floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 26 September 2023 for AED 1,061,888, or AED 995 per sqft, in line with the AED 1,000 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical two-bed in The Mayfair
1M1.5M20232024202520262027Typical sale price by year: 2023 AED 1,117,888; 2024 AED 1,620,388; 2025 AED 1,295,000; 2026 AED 1,450,000Sold by developer, September 2023: AED 1,061,888 (AED 995 per sqft)

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

2-beds in The Mayfair, and where 229 sits

All 98 2-beds →

229 last sold in September 2023 at AED 995 per sqft, in line with what two-beds in The Mayfair were fetching at the time (AED 1,000). Over the last 12 months two-beds sold for AED 1,325,000 to 1,690,000, around AED 1,322 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20261,500,000
6 Feb 20261,450,000
3 Feb 20261,380,000
21 Jan 20261,690,000
9 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. 16 sold in the last 12 months.

Typical price per sqft
AED 1,316 Up 8.8%
Typical sale
AED 1.35M
Typical rent
Few contracts
Typical yield
The Mayfair, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 241 units in The Mayfair
Value
2012-bedAED 1.39M · Nov 2023
202AED 1.35M · Sep 2025
2032-bedAED 1.06M · Nov 2023
2041-bedAED 708K · Sep 2023
205StudioAED 526K · Jul 2024
2061-bedAED 857K · Oct 2023
2071-bedAED 708K · Mar 2025
1–7 of 37

229, The Mayfair in numbers

  • Sold once: by Nshama Properties on 26 September 2023 for AED 1,061,888, or AED 995 per sqft.
  • Two-beds in The Mayfair sold for AED 1,325,000–1,690,000 in the 12 months to November 2026; the building's median across all types is AED 1,316 per sqft.

Source: Dubai Land Department. Updated 26 September 2023.

Questions about 229, The Mayfair

What did unit 229 last sell for?

AED 1,061,888 on 26 September 2023, sold by the developer: AED 995 per sqft for 1,067 sqft. It is the only registered sale of the unit.

How big is unit 229?

1,067 sqft (99.1 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 229 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 1,325,000 to 1,690,000 in the last 12 months, around AED 1,322 per sqft.

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Mortgage on 229, The Mayfair

Starts from the last sale price (AED 1.06M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,888
Deposit, UAE resident (20%)
AED 212,378
Deposit, non-resident (40%)
AED 424,755
Monthly over 25 years at 3.7%
AED 4,345

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