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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Residential market report · July 2026

Al Yelayiss 2اليلايس 2

Source: Dubai Land Department open data · Sales through August 20, 2026 · Rents through August 23, 2026

Period covered: Aug 24 to Jul 26 · Ref AR-305-202607

Key takeaways

  • Median price for apartments: AED 1,257,444 (AED 14,694 per sqm), down 6.2% year on year.
  • 116 sales recorded in July 2026, down 34% from a year earlier; Al Yelayiss 2 ranked #28 of 139 Dubai areas by volume.
  • New rental contracts at a median AED 61,000 per year, an estimated 4.8% gross yield.
  • Villas & Townhouses: median AED 2,825,000 across 20 sales.

1.Apartments116 sales · July 2026

Median sale priceAED 1,257,444+6.8%vs last year
Median price / sqmAED 14,694-6.2%vs last year
Sales recorded116-34.1%vs last year
Median annual rentAED 61,000-9.6%new contracts
Gross yield4.8%rent ÷ price

Sale price per sqm · 24 months

Aug 24 · 13K /sqmlow 13K · high 18KJul 26 · 15K /sqm

Monthly sales

272
Aug 24Jul 26 · 116 sales

Median annual rent · 24 months

Aug 24 · 77K /yrlow 58K · high 90KJul 26 · 61K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 2026116AED 1,257,444AED 14,694AED 61,0004.8%
June 202683AED 1,230,888AED 14,836AED 75,0006.1%
May 202674AED 1,377,500AED 14,376AED 81,0005.9%
April 2026128AED 1,451,444AED 16,235AED 77,2015.3%
March 2026165AED 1,480,000AED 17,752AED 75,0005.1%
February 2026186AED 1,450,444AED 17,079AED 65,5004.5%

2.Villas & Townhouses20 sales · July 2026

Median sale priceAED 2,825,000+4.6%vs last year
Median price / sqmAED 14,364+2.6%vs last year
Sales recorded20-60.8%vs last year
Median annual rentAED 145,000-6.5%new contracts
Gross yield5.1%rent ÷ price

Sale price per sqm · 24 months

Aug 24 · 12K /sqmlow 12K · high 15KJul 26 · 14K /sqm

Monthly sales

58
Aug 24Jul 26 · 20 sales

Median annual rent · 24 months

Aug 24 · 150K /yrlow 138K · high 173KJul 26 · 145K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 202620AED 2,825,000AED 14,364AED 145,0005.1%
June 202610AED 2,777,500AED 14,091AED 155,0005.6%
May 202612AED 3,025,000AED 12,907AED 172,6025.7%
April 202611AED 2,920,000AED 13,759AED 140,0004.8%
March 202612AED 3,437,500AED 14,096AED 171,0005.0%
February 202618AED 3,000,000AED 14,406AED 160,0005.3%

3.Most-traded buildingslast 3 months · each building links to its own report

  1. 1The Hamilton32 sales
  2. 2Liva14 sales
  3. 3Evelyn on the Park11 sales
  4. 4Camden10 sales
  5. 5Haya on the Park9 sales
  6. 6Holland Gardens8 sales
  7. 7Symphony on the park8 sales
  8. 8Una Apartments B7 sales
  9. 9The Mayfair7 sales
  10. 10Town Square Zahra Breeze 3a7 sales

4.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through August 20, 2026, rents through August 23, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than ten sales are flagged.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.