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Project profile

The Mayfair Project · Town Square · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Nshama Properties Owned by Nshmi Development

Registered salesLast 12 months
70
Median ready pricePer sq ft
AED 1,367
Construction progressCompleted
100%

Data to 4 November 2026

Dubai Land Department lists the project as completed on 12 August 2026. In the last 12 months, Dubai Land Department registered 70 sales in The Mayfair, worth AED 92.2M in total. The median price was 1,298 AED/sqft off-plan and 1,367 AED/sqft for ready homes.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
1 December 2023
DLD end date
—
Completion
12 August 2026
Units
242
Buildings
1

Launch and latest registrations.

Launch priceFirst 90 days from Aug 2023, 210 home sales
AED 1,077
Last 12 months70 home sales
AED 1,322
ChangeSame home types, AED/sqft
+24.3%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

The Mayfair registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Nov 2023 1,050 AED/sqft 20 sales
Dec 2023 933 AED/sqft 12 sales
Jan 2024 1,148 AED/sqft 5 sales
Feb 2024 983 AED/sqft 8 sales
Mar 2024 — 1 sale
Apr 2024 — 1 sale
May 2024 —
Jun 2024 —
Jul 2024 — 2 sales
Aug 2024 — 1 sale
Sep 2024 — 1 sale
Oct 2024 —
Nov 2024 —
Dec 2024 —
Jan 2025 —
Feb 2025 — 2 sales
Mar 2025 — 3 sales
Apr 2025 —
May 2025 — 3 sales
Jun 2025 — 1 sale
Jul 2025 1,210 AED/sqft 7 sales
Aug 2025 — 1 sale
Sep 2025 1,153 AED/sqft 5 sales
Oct 2025 1,221 AED/sqft 10 sales
Nov 2025 — 4 sales
Dec 2025 — 3 sales
Jan 2026 1,322 AED/sqft 5 sales
Feb 2026 1,298 AED/sqft 6 sales
Mar 2026 — 4 sales
Apr 2026 — 3 sales
May 2026 — 1 sale
Jun 2026 — 3 sales
Jul 2026 1,283 AED/sqft 5 sales
Aug 2026 — 1 sale
Sep 2026 —
Oct 2026 —

What does each home type sell and rent for in The Mayfair?

  • Apartment · Studio

    Ready median price
    —
    Median yearly rent
    —
    Gross yield
    —
  • Apartment · 1 bed

    Ready median price
    AED 910K
    Median yearly rent
    AED 70K
    Gross yield
    7.7%
  • Apartment · 2 beds

    Ready median price
    AED 1.6M
    Median yearly rent
    AED 110K
    Gross yield
    7.1%
  • Apartment · 3 beds

    Ready median price
    —
    Median yearly rent
    AED 150K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Town Square area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Town Square area report

The latest registered sales in The Mayfair.

  • 4 Nov 2026

    Apartment2 bedsReady1,203 sqft

    AED 1,640,0001,363 AED/sqft

  • 4 Nov 2026

    Apartment2 bedsReady1,236 sqft

    AED 1,600,0001,294 AED/sqft

  • 3 Nov 2026

    Apartment2 bedsReady1,034 sqft

    AED 1,500,0001,451 AED/sqft

  • 2 Nov 2026

    Apartment1 bedReady649 sqft

    AED 850,0001,310 AED/sqft

  • 27 Oct 2026

    Apartment2 bedsReady1,033 sqft

    AED 1,530,0001,481 AED/sqft

  • 27 Oct 2026

    ApartmentStudioReady332 sqft

    AED 660,0001,988 AED/sqft

  • 26 Oct 2026

    Apartment2 bedsReady1,236 sqft

    AED 1,525,0001,234 AED/sqft

  • 26 Oct 2026

    Apartment1 bedReady747 sqft

    AED 980,0001,312 AED/sqft

  • 26 Oct 2026

    Apartment1 bedReady717 sqft

    AED 980,0001,367 AED/sqft

  • 26 Oct 2026

    Apartment1 bedReady717 sqft

    AED 980,0001,367 AED/sqft

Questions about The Mayfair

What is the price per sq ft in The Mayfair?

In the 12 months to 4 November 2026, the median registered sale price was 1,367 AED/sqft for ready homes and 1,298 AED/sqft off-plan. The two medians mix different home types.

How many homes were sold in The Mayfair in the last 12 months?

In the last 12 months, Dubai Land Department registered 70 sales in The Mayfair, worth AED 92.2M in total. The median price was 1,298 AED/sqft off-plan and 1,367 AED/sqft for ready homes. Registered sales to 4 November 2026.

What is the rent in The Mayfair?

In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in The Mayfair, at a median of AED 70,000 a year over 30 new contracts. Against its ready median price of AED 910,000, that is a gross yield of 7.7%, before service charges and other costs.

When was The Mayfair completed?

Dubai Land Department lists the project as completed on 12 August 2026.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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