Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Jumeirah Village Circle · August 2026
Binghatti Phoenix
Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026
Period covered: Sep 24 to Aug 26 · Ref AR-B1008-202608
Key takeaways
- Median price for apartments: AED 1,050,000 (AED 14,450 per sqm), down 18.4% year on year.
- Per sqm, apartments here are 5% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
- 5 sales recorded in August 2026, down 67% from a year earlier.
- 1 bedroom apartments were the most traded size: median AED 1,050,000 across 9 sales in three months.
- New rental contracts at a median AED 90,000 per year, an estimated 8.6% gross yield.
1.Apartments5 sales · August 2026
Small sample: medians for August 2026 are based on only 5 recorded sales and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 5 | AED 1,050,000 | AED 14,450 | AED 90,000 | 8.6% |
| July 2026 | 3 | AED 1,300,000 | AED 15,999 | AED 110,000 | 8.5% |
| June 2026 | 5 | AED 1,000,000 | AED 13,559 | AED 80,000 | 8.0% |
| May 2026 | 3 | AED 700,000 | AED 17,105 | AED 74,000 | 10.6% |
| April 2026 | 7 | AED 1,209,000 | AED 16,456 | AED 105,000 | 8.7% |
| March 2026 | 11 | AED 1,240,000 | AED 17,248 | AED 97,500 | 7.9% |
2.By bedroomthree months to August 2026
| Type | Sales | Median price | AED / sqm | Median rent | Contracts |
|---|---|---|---|---|---|
| 1 bedroom | 9 | AED 1,050,000 | AED 14,122 | — | 3 |
Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.
3.Recent saleslast 15 registered in Binghatti Phoenix
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 31 Aug 2026 | 1 bedroom | 74 | AED 1,070,000 | AED 14,450 | Ready |
| 24 Aug 2026 | 1 bedroom | 74 | AED 883,200 | AED 11,901 | Ready |
| 18 Aug 2026 | 1 bedroom | 73 | AED 1,230,000 | AED 16,849 | Ready |
| 18 Aug 2026 | Studio | 46 | AED 686,000 | AED 14,820 | Ready |
| 17 Aug 2026 | 1 bedroom | 74 | AED 1,050,000 | AED 14,122 | Ready |
| 23 Jul 2026 | 2 bedrooms | 111 | AED 1,300,000 | AED 11,753 | Ready |
| 13 Jul 2026 | 1 bedroom | 71 | AED 1,130,000 | AED 15,999 | Ready |
| 8 Jul 2026 | 2 bedrooms | 108 | AED 1,850,000 | AED 17,117 | Ready |
| 26 Jun 2026 | Studio | 46 | AED 690,000 | AED 14,906 | Ready |
| 17 Jun 2026 | 1 bedroom | 74 | AED 1,000,000 | AED 13,559 | Ready |
| 17 Jun 2026 | 1 bedroom | 74 | AED 1,000,000 | AED 13,504 | Ready |
| 15 Jun 2026 | 1 bedroom | 74 | AED 1,100,000 | AED 14,855 | Ready |
| 5 Jun 2026 | 1 bedroom | 74 | AED 1,000,000 | AED 13,504 | Ready |
| 25 May 2026 | 2 bedrooms | 112 | AED 1,490,773 | AED 13,346 | Ready |
| 15 May 2026 | Studio | 38 | AED 700,000 | AED 18,239 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
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 September 2, 2026, rents through August 21, 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 thirty sales carry a small-sample note.
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.