Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Jumeirah Village Circle · August 2026
Neva Residences
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-B1232-202608
Key takeaways
- Median price for apartments: AED 1,000,000 (AED 12,296 per sqm), up 12.7% year on year.
- Per sqm, apartments here are 19% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
- 15 sales recorded in August 2026, down 12% from a year earlier.
- 0% of the apartments sold in August 2026 were off-plan.
- 1 bedroom apartments were the most traded size: median AED 950,000 across 23 sales in three months, renting at a median AED 68,000 a year.
1.Apartments15 sales · August 2026
Small sample: medians for August 2026 are based on only 15 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 | 15 | AED 1,000,000 | AED 12,296 | — | — |
| July 2026 | 10 | AED 984,608 | AED 12,270 | AED 68,000 | 6.9% |
| June 2026 | 3 | AED 1,000,000 | AED 13,699 | AED 59,000 | 5.9% |
| May 2026 | 14 | AED 990,000 | AED 11,838 | AED 67,000 | 6.8% |
| April 2026 | 4 | AED 1,090,000 | AED 13,679 | — | — |
| March 2026 | 1 | AED 805,021 | AED 10,146 | — | — |
2.By bedroomthree months to August 2026
| Type | Sales | Median price | AED / sqm | Median rent | Contracts |
|---|---|---|---|---|---|
| 1 bedroom | 23 | AED 950,000 | AED 12,100 | AED 68,000 | 7 |
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 Neva Residences
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 26 Aug 2026 | 1 bedroom | 82 | AED 850,000 | AED 10,336 | Ready |
| 25 Aug 2026 | 1 bedroom | 72 | AED 910,000 | AED 12,574 | Ready |
| 24 Aug 2026 | 1 bedroom | 80 | AED 950,000 | AED 11,884 | Ready |
| 24 Aug 2026 | 1 bedroom | 80 | AED 925,000 | AED 11,537 | Ready |
| 21 Aug 2026 | 1 bedroom | 87 | AED 1,100,000 | AED 12,642 | Ready |
| 21 Aug 2026 | 2 bedrooms | 112 | AED 1,470,000 | AED 13,106 | Ready |
| 20 Aug 2026 | 2 bedrooms | 105 | AED 1,460,000 | AED 13,874 | Ready |
| 19 Aug 2026 | 1 bedroom | 86 | AED 1,100,000 | AED 12,780 | Ready |
| 19 Aug 2026 | 1 bedroom | 84 | AED 1,000,000 | AED 11,844 | Ready |
| 10 Aug 2026 | 1 bedroom | 82 | AED 935,000 | AED 11,391 | Ready |
| 10 Aug 2026 | 1 bedroom | 75 | AED 920,000 | AED 12,296 | Ready |
| 7 Aug 2026 | 1 bedroom | 87 | AED 1,075,000 | AED 12,362 | Ready |
| 6 Aug 2026 | 1 bedroom | 83 | AED 1,000,000 | AED 12,121 | Ready |
| 4 Aug 2026 | 1 bedroom | 86 | AED 1,065,000 | AED 12,433 | Ready |
| 3 Aug 2026 | 1 bedroom | 82 | AED 915,000 | AED 11,126 | 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.