Market bulletin · Thu, 22 Oct 2026
The Mayfair: 15 sales worth AED 22.8M in 30 days
The Mayfair recorded 15 sales worth AED 22.8M in the 30 days to Thu, 22 Oct 2026. Over the last week 6 sales were registered (AED 9.71M), against 2 the week before.
The median sale over the last three months was AED 1.48M, or AED 1,379/sqft.
By market over 12 months: off-plan resales 63.4%, secondary (ready) sales 36.6%.
In Town Square, The Mayfair ranked #11 of 11 leading projects by 12-month sales value; it is developed by Nshama - Nshama Properties. Its first registered sale was on 30 August 2023.
Leases registered in the last three months had a median annual rent of AED 87K. The best gross yield is on 2 BR apartments at about 7.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,379 |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 1,225 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 1,235 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | — | — | AED 1,379 |
| Sept 26 | — | — | — |
| Aug 26 | — | — | — |
| Jul 26 | — | — | — |
| Jun 26 | — | — | — |
| May 26 | — | — | — |
| Apr 26 | — | — | — |
| Mar 26 | — | — | — |
| Feb 26 | — | — | — |
| Jan 26 | — | — | — |
| Dec 25 | — | — | — |
| Nov 25 | — | — | — |
| Oct 25 | — | AED 1,225 | — |
| Sept 25 | — | — | — |
| Aug 25 | — | — | — |
| Jul 25 | — | — | — |
| Jun 25 | — | — | — |
| May 25 | — | — | — |
| Apr 25 | — | — | — |
| Mar 25 | — | — | — |
| Feb 25 | — | — | — |
| Jan 25 | — | — | — |
| Dec 24 | — | — | — |
| Nov 24 | — | — | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 13 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 1 | 0 |
| Jul 26 | 0 | 4 | 0 |
| Jun 26 | 0 | 2 | 0 |
| May 26 | 0 | 1 | 0 |
| Apr 26 | 0 | 3 | 0 |
| Mar 26 | 0 | 2 | 0 |
| Feb 26 | 0 | 1 | 0 |
| Jan 26 | 0 | 4 | 0 |
| Dec 25 | 0 | 3 | 0 |
| Nov 25 | 0 | 4 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 15 | — | AED 22.8M | 1,379 | — |
| Last 3 months | 17 | up 183.3% | AED 24.4M | 1,379 | up 11.1% |
| Last 6 months | 23 | up 27.8% | AED 30.3M | 1,333 | up 2.8% |
| Last 12 months | 41 | up 32.3% | AED 54.3M | 1,322 | up 8.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 26 | 63% | AED 1.22M | 1,284 | up 5.2% |
| Secondary (ready) | 15 | 37% | AED 1.55M | 1,379 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 7% | — | — | — |
| 1 bedroom | 13 | 32% | AED 900K | 1,318 | up 7.2% |
| 2 bedrooms | 21 | 51% | AED 1.45M | 1,310 | up 10.6% |
| 3 bedrooms | 4 | 10% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 37 | 90% | AED 1.34M | 1,322 | up 8.3% |
| AED 2M–10M | 4 | 10% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 90K |
| Sept 26 | AED 86K |
- Leases (12M)
- 44
- New leases
- 100%
- Median rent 3M
- AED 87K
- Rent/sqft 3M
- AED 97
| 2 BR apartments | AED 111K / AED 1.55M | 7.2% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 21 | AED 70K | AED 70K | 97 |
| 2 BR | 18 | AED 111K | AED 111K | 98 |
Competing projects in Town Square
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Rosewell at Town SquareNshama - Nshama Properties | 153 | 1,771 | — |
| Maha TownhousesNshama - Nshama Properties | 71 | 1,457 | — |
| Evelyn on the ParkNshama - Nshama Properties | 112 | 1,843 | — |
| Fiori Town SquareNshama - Nshama Properties | 106 | 1,684 | — |
| CamdenNshama - Nshama Properties | 83 | 1,750 | — |
| OlbiaNshama - Nshama Properties | 79 | 1,592 | — |
| The Holland GardensNshama - Nshama Properties | 74 | 1,409 | — |
| Hayat TownhousesNshama - Nshama Properties | 30 | 1,224 | — |
| Noor TownhousesNshama - Nshama Properties | 27 | 1,307 | — |
| The HamiltonNshama - Nshama Properties | 57 | 1,437 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.65M | 3 BR Apartment · 2,414 sqftThe Mayfair · Town Square | 22 Oct |
| AED 2.25M | 3 BR Apartment · 1,531 sqftThe Mayfair · Town Square | 7 Oct |
| AED 2.15M | 3 BR Apartment · 1,531 sqftThe Mayfair · Town Square | 8 Oct |
| AED 1.71M | 2 BR Apartment · 1,350 sqftThe Mayfair · Town Square | 14 Oct |
| AED 1.63M | 2 BR Apartment · 1,386 sqftThe Mayfair · Town Square | 7 Oct |
| AED 1.60M | 2 BR Apartment · 1,236 sqftThe Mayfair · Town Square | 16 Oct |
Questions about The Mayfair
What is the average price per sqft in The Mayfair?
The median sale price in The Mayfair over the last three months was AED 1,379 per sqft (median sale AED 1.48M), based on 17 sales registered with Dubai Land Department.
How many properties were sold in The Mayfair in the last year?
41 sales worth AED 54.3M were registered in the last 12 months: 0% developer off-plan, 63% off-plan resales and 37% secondary (ready) sales.
What is the average rent in The Mayfair?
The median annual rent on leases registered in the last three months was AED 87K, and the best gross rental yield is about 7.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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