Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Downtown Dubai · August 2026
Grande
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-B1329-202608
Key takeaways
- Median price for apartments: AED 5,500,000 (AED 39,213 per sqm), up 6.7% year on year.
- Per sqm, apartments here are 43% above the Downtown Dubai average of AED 27,377 (sales-weighted across areas).
- 3 sales recorded in August 2026, down 77% from a year earlier.
- New rental contracts at a median AED 207,500 per year, an estimated 3.8% gross yield.
1.Apartments3 sales · August 2026
Small sample: medians for August 2026 are based on only 3 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 | 3 | AED 5,500,000 | AED 39,213 | AED 207,500 | 3.8% |
| July 2026 | 4 | AED 6,550,000 | AED 42,692 | AED 230,000 | 3.5% |
| June 2026 | 1 | AED 5,555,000 | AED 49,330 | AED 125,000 | 2.3% |
| May 2026 | 2 | AED 4,450,000 | AED 35,186 | AED 185,000 | 4.2% |
| April 2026 | 4 | AED 2,762,500 | AED 30,316 | — | — |
| March 2026 | 1 | AED 4,000,000 | AED 33,875 | — | — |
2.Recent saleslast 15 registered in Grande
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 27 Aug 2026 | 3 bedrooms | 179 | AED 7,000,000 | AED 39,213 | Ready |
| 26 Aug 2026 | 1 bedroom | 82 | AED 2,200,000 | AED 26,722 | Ready |
| 24 Aug 2026 | 2 bedrooms | 105 | AED 5,500,000 | AED 52,511 | Ready |
| 30 Jul 2026 | 3 bedrooms | 179 | AED 7,000,000 | AED 39,213 | Ready |
| 29 Jul 2026 | 1 bedroom | 72 | AED 2,300,000 | AED 32,114 | Ready |
| 27 Jul 2026 | 2 bedrooms | 105 | AED 6,100,000 | AED 58,239 | Ready |
| 14 Jul 2026 | 3 bedrooms | 173 | AED 8,000,000 | AED 46,171 | Ready |
| 30 Jun 2026 | 2 bedrooms | 113 | AED 5,555,000 | AED 49,330 | Ready |
| 19 May 2026 | 1 bedroom | 71 | AED 2,300,000 | AED 32,281 | Ready |
| 14 May 2026 | 3 bedrooms | 173 | AED 6,600,000 | AED 38,091 | Ready |
| 28 Apr 2026 | 2 bedrooms | 118 | AED 4,300,000 | AED 36,416 | Ready |
| 24 Apr 2026 | 1 bedroom | 71 | AED 2,400,000 | AED 33,684 | Ready |
| 22 Apr 2026 | 2 bedrooms | 118 | AED 3,125,000 | AED 26,465 | Ready |
| 15 Apr 2026 | 1 bedroom | 71 | AED 1,920,000 | AED 26,947 | Ready |
| 10 Apr 2026 | 2 bedrooms | 59 | AED 700,000 | AED 11,854 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
3.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.