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2-bed · 1,019 sqftThe Mayfair, Town Square · 5th floor

503, 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 503 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.1M28 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, The Mayfair

What is 503 worth today?

Last sold for AED 1,100,888 in 2023

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28 Sep 2023Sold by developerOff-plan
AED 1,100,888AED 1,080 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,019 sqft
Floor
5th of 6
Parking
1
Developer
Nshama Properties
Last sold
AED 1.1M · September 2023
Building
The Mayfair

About 503, The Mayfair

503 is a two-bedroom apartment of 1,019 sqft on the 5th floor of The Mayfair, a 6-storey tower in Town Square by Nshama Properties. The developer sold it on 28 September 2023 for AED 1,100,888, or AED 1,080 per sqft, 8% above the AED 1,003 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in The Mayfair
1.25M1.5M20232024202520262027Typical 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 1,100,888 (AED 1,080 per sqft)

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

2-beds in The Mayfair, and where 503 sits

All 98 2-beds →

503 last sold in September 2023 at AED 1,080 per sqft, 8% above what two-beds in The Mayfair were fetching at the time (AED 1,003). 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 5th floor

All 241 units in The Mayfair
Value
5012-bedAED 1.3M · Aug 2023
5022-bedAED 1.13M · Sep 2023
5041-bedAED 729K · Sep 2023
505StudioAED 509K · Sep 2023
5061-bedAED 831K · Sep 2023
5071-bedAED 729K · Oct 2023
5081-bedAED 749K · Sep 2023
1–7 of 37

503, The Mayfair in numbers

  • Sold once: by Nshama Properties on 28 September 2023 for AED 1,100,888, or AED 1,080 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 28 September 2023.

Questions about 503, The Mayfair

What did unit 503 last sell for?

AED 1,100,888 on 28 September 2023, sold by the developer: AED 1,080 per sqft for 1,019 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,019 sqft (94.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 503 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 503, The Mayfair

Starts from the last sale price (AED 1.1M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,888
Deposit, UAE resident (20%)
AED 220,178
Deposit, non-resident (40%)
AED 440,355
Monthly over 25 years at 3.7%
AED 4,504

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