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Sold for AED 620,000: Studio Apartment in The Mayfair

Located in Town Square, Dubai. Its price per sqft is +35% vs the The Mayfair median (AED 1,380/sqft).

All Town Square salesThe Mayfair prices

Sale price

AED 620,000

Per sqft
AED 1,861
Registered
9 Oct 2026, 09:56 (Dubai)
The Mayfair, Dubai

01 / Price history

This unit's history

Every registration of this studio apartment in The Mayfair: same layout, exact size (333 sqft) and parking bay G-1. The registry has no unit numbers, so records are matched on these details.

  1. 9 Oct 2026This sale

    333 sqft · AED 1,861/sqft · Ready

    First recordAED 620,000

  2. 9 Oct 2026Mortgage

    Same day as previous · 333 sqft · AED 1,489/sqft · Ready

    20%lower than the previous recordAED 496,000
Records
2
Registered
Same day
as the mortgage, 9 Oct 2026
Loan to value
80%
AED 496K mortgage on the AED 620K sale

02 / The property

Property details

Size
333 sqft · 30.95 m²
Bedrooms
Studio
Registered as
Delayed Sell
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-1

03 / Comparables

All sales in The Mayfair (13 Jan 2026 – 9 Oct 2026)

45 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
Studio · 333 sqftReadySelected sale
9 Oct 2026620K1,861
8 Oct 20262.15M+247% vs selected1,404−25% vs selected
7 Oct 2026915K+48% vs selected1,318−29% vs selected
7 Oct 20261.63M+162% vs selected1,172−37% vs selected
7 Oct 20262.25M+263% vs selected1,470−21% vs selected
5 Oct 2026890K+44% vs selected1,380−26% vs selected
2 Oct 20261.55M+150% vs selected1,452−22% vs selected
2 Oct 2026890K+44% vs selected1,242−33% vs selected
1 Oct 20261.45M+134% vs selected1,379−26% vs selected
30 Sept 20261.53M+146% vs selected1,428−23% vs selected
29 Sept 2026910K+47% vs selected1,507−19% vs selected
28 Sept 20261.58M+154% vs selected1,525−18% vs selected
25 Sept 20261.48M+139% vs selected1,386−26% vs selected
15 Sept 2026890K+44% vs selected1,187−36% vs selected
11 Sept 2026955K+54% vs selected1,333−28% vs selected
2 Sept 20262.15M+247% vs selected1,200−36% vs selected
2 Sept 20261.56M+152% vs selected1,296−30% vs selected
7 Aug 2026900K+45% vs selected—— vs selected
30 Jul 2026685K+10% vs selected2,052+10% vs selected
23 Jul 2026835K+35% vs selected—— vs selected
11 Jul 2026900K+45% vs selected—— vs selected
10 Jul 20262.55M+311% vs selected—— vs selected
1 Jul 2026865K+40% vs selected—— vs selected
30 Jun 2026555K−10% vs selected1,662−11% vs selected
12 Jun 20261.34M+116% vs selected1,274−32% vs selected
8 Jun 2026820K+32% vs selected1,206−35% vs selected
13 May 20261.12M+81% vs selected—— vs selected
16 Apr 20261.6M+158% vs selected—— vs selected
14 Apr 20261.45M+134% vs selected—— vs selected
13 Apr 20262.66M+329% vs selected—— vs selected

04 / Renting it out

What similar apartments rent for

Median of 4 market rents of apartments of 283–383 sq ft in Town Square. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 36,500
Per sqft / yr
AED 114/sqft
Gross yield
5.9%