Downtown Dubai
Dubai property market · 12 month snapshot
How prices have moved
For ready homes, over 12 months the median sale price moved -10.0% and price per sq ft moved -7.2%.
How the 12-month comparison is measured
median sale price, last 6 months against the first 6 of the period (2025-11 onward), ready homes only.
What each size sells for
Recorded sales · median price
What it rents for
Ejari leases · twelve months to 10 Nov 2026
| Home | Typical new lease | Middle half of leases | Leases | Gross yield |
|---|---|---|---|---|
| Studio | AED 70K / yr | AED 63K – 85K | 623 | 6.0% |
| 1-bed apartment | AED 110K / yr | AED 100K – 128K | 4,189 | 5.4% |
| 2-bed apartment | AED 178K / yr | AED 150K – 210K | 3,600 | 5.2% |
| 3-bed apartment | AED 295K / yr | AED 230K – 340K | 1,126 | 5.4% |
| 4-bed apartment | AED 1.30M / yr | AED 593K – 1.84M | 68 | too few ready sales |
| Apartments | AED 140K / yr | AED 110K – 194K | 9,614 | 4.9% |
Typical new lease is the middle rent on new contracts; renewals are left out where there are enough new leases, because the RERA cap holds them below the market. Run the numbers for a specific home.
Off-plan and ready
- Sales
- 1,325
- Per sqft
- AED 2,650
- Sales
- 750
- Per sqft
- AED 3,846
Off-plan is trading 45% above ready stock per square foot here.
Over time
Sales · median price · price per sq ft
| Period | Sales | Median price | Change per sqft, ready homes |
|---|---|---|---|
| Last 30 days | 147 | AED 2,850,000 | — |
| Last 3 months | 440 | AED 3,037,500 | — |
| Last 6 months | 829 | AED 2,975,000 | +2.7% |
| Last 12 months | 2,075 | AED 2,966,700 | -7.2% |
| Last 2 years | 4,813 | AED 2,970,000 | -2.4% |
| Last 3 years | 8,348 | AED 2,800,000 | +5.2% |
A change compares two halves of at least six months, so the last 30 days and 3 months show none.
Where the sales were
- Binghatti Skyblade332 sales
- The St. Regis Residences, Downtown Dubai121 sales
- BURJ KHALIFA TOWERS106 sales
- THE ADDRESS DUBAI OPERA63 sales
- FORTE63 sales
Ask about Downtown Dubai
How these figures are produced
Recorded sales only, from the Dubai Land Department transaction register, covering 6 Nov 2025 to 6 Nov 2026. Mortgage and gift registrations are excluded because their recorded value is a loan or a nominal amount rather than a market price, and partial-ownership transfers are excluded so figures reflect genuine market sales. Medians are used for prices and averages for rates per square foot. Rents are registered Ejari lease contracts for homes, counted by the month the lease starts. Published records may lag the market.