Market Intelligence
Al Merkadh
Prices and sales
23 Oct 2025 – 22 Oct 2026
Median price per sqft
AED 2,048
/sqft
Past 12 months · 2,574 sales with a size on record · vs previous period
Sales
2,579
Past 12 months · vs previous period
Median price
AED 1,400,000
Past 12 months · vs previous period
Off-plan share
24.5%
Past 12 months · vs previous period
Gross yield
6.56%
New leases · 8,936 leases, 1,942 ready sales
Rents to 30 Sept 2026, sales to 22 Oct 2026
Medians, not averages: half the sales are above the figure and half below. A change needs 30 or more sales in both periods (with a size on record, for a price per sqft); with fewer it shows a dash. Gross yield is the median yearly rent per sqft of new leases (all leases when there are fewer than 100 new ones) over the median price per sqft of ready homes (30 or more sales with a size on record): rents over the 12 months to the last month whose lease records are complete, sales over the past 12 months.
Price and sales over time
Monthly, Jul 2017 to Oct 2026
Median price per sqft
Sales
Each month's median price per sqft and number of sales. The latest month is only part of a month and is marked "to date". A greyed period had fewer than 30 sales with a size on record. Starts in Jul 2017: earlier periods had fewer than 30 sales with a size on record.
Rents and yields by bedrooms
Sales: Past 12 months · rents to 30 Sept 2026
| Bedrooms | Sales | Median price | Median rent a year | Leases | Gross yield |
|---|---|---|---|---|---|
| Studio | 773 | AED 735,000 | AED 50,000 | 3,275 | 7.12% |
| 1 Bed | 1,040 | AED 1,441,110 | AED 83,000 | 3,559 | 6.41% |
| 2 Beds | 570 | AED 2,445,937 | AED 130,000 | 1,443 | 6.10% |
| 3 Beds | 152 | AED 3,357,436 | AED 180,000 | 371 | 5.74% |
| 4+ Beds | 39 | AED 4,700,000 | AED 760,000 | 287 | — |
Rents are the median yearly rent of new leases in the 12 months to 30 Sept 2026 (all leases when fewer than 100 new ones have a size on record); gross yield is the median rent per sqft over the median price per sqft of ready homes in the past 12 months (30 or more sales with a size on record). A rent shows a dash with fewer than 100 leases with a size on record; a gross yield, with fewer than 100 such leases or 30 ready sales with a size on record. Lease records for the months after 30 Sept 2026 aren't complete yet, so those months are left out.
Busiest projects
Past 12 months
- Median price AED 1,550,000AED 2,228/sqft219 sales
- Median price AED 2,730,000AED 1,952/sqft187 sales
- Median price AED 838,280AED 2,136/sqft121 sales
- Median price AED 1,167,500AED 1,937/sqft108 sales
- Median price AED 1,760,662AED 2,076/sqft108 sales
Newest sales
Past 12 months
| Date | Project | Beds | Price (AED) | AED/sqft |
|---|---|---|---|---|
| 22 Oct 2026 | Azizi Riviera Beachfront | 1 Bed | 1,669,230 | 2,509 |
| 22 Oct 2026 | Sobha Hartland - The Crest | 1 Bed | 1,110,000 | 2,168 |
| 22 Oct 2026 | Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 19 | 1 Bed | 1,500,000 | 1,955 |
| 22 Oct 2026 | Azizi Riviera 15 | Studio | 580,000 | 1,933 |
| 22 Oct 2026 | Azizi Riviera 15 | Studio | 580,000 | 1,933 |
| 22 Oct 2026 | Azizi Riviera 67 | 2 Beds | 1,500,000 | 1,639 |
| 22 Oct 2026 | Sobha Creek vistas Reserve | 2 Beds | 1,590,000 | 1,984 |
| 22 Oct 2026 | Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 14 | 1 Bed | 1,667,000 | 2,171 |
| 22 Oct 2026 | Azizi Riviera 48 | 2 Beds | 1,360,000 | 1,804 |
| 22 Oct 2026 | Sobha Hartland Greens Phase II | 1 Bed | 1,450,000 | 1,679 |
Projects on Unrealty in Al Merkadh
How the figures are built
- Sales are the land register's sales of flats, villas, hotel apartments and stacked townhouses, and of residential villas recorded without a sub-type. A villa recorded without its sub-type counts in sales, values and median prices, but not in price per sqft or size, because its recorded area is the plot.
- A sale recorded twice counts once, on its newer date. A sale is left out when its price per sqft is below a tenth or over 25 times the city's median for its type and year; when its price is a fifth or less, or 5 times or more, of the median price of similar sales in its project (same bedrooms and year, at least 10 of them); when it has no unit area and no such similar sales, and its price reaches AED 2 billion (or 25 times the city's median price per sqft over the past year across 43,056 sqft, if that is more); or when its area is 10 times the usual for its type and bedrooms or more and its price 20 times the median for its type, bedrooms and year or more (a whole building's area and price).
- When a sale's recorded area is 10 times the usual size for its type and bedrooms or more, it isn't the unit's: the sale counts in sales, values and median prices, but not in price per sqft or size.
- Prices are medians: half the sales are above and half below. A median price per sqft needs 30 or more sales with a size on record; a change needs 30 or more sales in both periods (with a size on record, for a price per sqft). With fewer they show in grey or as a dash.
- Rents come from registered leases; a lease covering several units counts once, as its average unit. The newest months' lease records are never complete, so rents run to the last month with at least 85% of the leases of the median month in the 12 before it, not to the newest sale. Gross yield is the median rent per sqft of new leases (all leases when fewer than 100 new ones have a size on record) in the 12 months to that month, over the median price per sqft of ready homes (30 or more sales with a size on record) in the past 12 months.