Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Al Khairan First · August 2026
Creek Palace
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-B1451-202608
Key takeaways
- Median price for apartments: AED 3,400,000 (AED 21,997 per sqm), down 17.4% year on year.
- Per sqm, apartments here are 16% below the Al Khairan First average of AED 26,277 (sales-weighted across areas).
- 1 sales recorded in August 2026, down 83% from a year earlier.
- New rental contracts at a median AED 110,000 per year, an estimated 3.2% gross yield.
1.Apartments1 sale · August 2026
Small sample: medians for August 2026 are based on a single recorded sale 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 | 1 | AED 3,400,000 | AED 21,997 | AED 110,000 | 3.2% |
| July 2026 | 4 | AED 2,940,000 | AED 27,667 | AED 95,000 | 3.2% |
| June 2026 | 1 | AED 1,950,000 | AED 32,691 | AED 100,000 | 5.1% |
| May 2026 | 1 | AED 1,750,000 | AED 29,235 | — | — |
| April 2026 | 2 | AED 2,512,500 | AED 31,593 | — | — |
| March 2026 | 1 | AED 3,500,000 | AED 22,643 | — | — |
2.Recent saleslast 15 registered in Creek Palace
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 10 Aug 2026 | 3 bedrooms | 155 | AED 3,400,000 | AED 21,997 | Ready |
| 28 Jul 2026 | 1 bedroom | 60 | AED 1,665,000 | AED 27,913 | Ready |
| 28 Jul 2026 | 1 bedroom | 60 | AED 1,530,000 | AED 25,658 | Ready |
| 22 Jul 2026 | 3 bedrooms | 154 | AED 4,400,000 | AED 28,625 | Ready |
| 15 Jul 2026 | 3 bedrooms | 154 | AED 4,215,000 | AED 27,422 | Ready |
| 24 Jun 2026 | 1 bedroom | 60 | AED 1,950,000 | AED 32,691 | Ready |
| 11 Jun 2026 | 1 bedroom | 60 | AED 2,250,000 | AED 37,733 | Ready |
| 18 May 2026 | 1 bedroom | 60 | AED 1,750,000 | AED 29,235 | Ready |
| 30 Apr 2026 | 2 bedrooms | 105 | AED 1,100,000 | AED 10,525 | Ready |
| 23 Apr 2026 | 1 bedroom | 60 | AED 2,100,000 | AED 35,217 | Ready |
| 20 Apr 2026 | 1 bedroom | 60 | AED 1,800,000 | AED 30,186 | Ready |
| 8 Apr 2026 | 2 bedrooms | 98 | AED 3,225,000 | AED 32,999 | Ready |
| 25 Mar 2026 | 3 bedrooms | 155 | AED 3,500,000 | AED 22,643 | Ready |
| 2 Mar 2026 | 2 bedrooms | 103 | AED 3,590,000 | AED 35,004 | Ready |
| 27 Feb 2026 | 1 bedroom | 60 | AED 1,875,000 | AED 31,444 | 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.