Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Al Barshaa South Third · August 2026
ELEVATE by Prescott
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-B1623-202608
Key takeaways
- Median price for apartments: AED 1,430,000 (AED 15,626 per sqm), flat year on year.
- Per sqm, apartments here are in line with the Al Barshaa South Third average of AED 15,649 (sales-weighted across areas).
- 8 sales recorded in August 2026, up 33% from a year earlier.
- Studio apartments were the most traded size: median AED 690,000 across 7 sales in three months, renting at a median AED 50,000 a year.
- New rental contracts at a median AED 68,500 per year, an estimated 4.8% gross yield.
1.Apartments8 sales · August 2026
Small sample: medians for August 2026 are based on only 8 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 | 8 | AED 1,430,000 | AED 15,626 | AED 68,500 | 4.8% |
| July 2026 | 4 | AED 705,000 | AED 17,090 | AED 65,000 | 9.2% |
| June 2026 | 4 | AED 672,500 | AED 17,063 | AED 48,000 | 7.1% |
| May 2026 | 2 | AED 1,015,000 | AED 14,002 | AED 46,000 | 4.5% |
| April 2026 | 6 | AED 1,300,000 | AED 16,237 | — | — |
| March 2026 | 4 | AED 1,575,000 | AED 16,717 | — | — |
2.By bedroomthree months to August 2026
| Type | Sales | Median price | AED / sqm | Median rent | Contracts |
|---|---|---|---|---|---|
| Studio | 7 | AED 690,000 | AED 17,420 | AED 50,000 | 5 |
| 1 bedroom | 5 | AED 1,182,000 | AED 16,200 | — | 3 |
| 2 bedrooms | 5 | AED 1,900,000 | AED 16,750 | — | 1 |
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 ELEVATE by Prescott
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 31 Aug 2026 | 2 bedrooms | 113 | AED 1,900,000 | AED 16,750 | Ready |
| 19 Aug 2026 | 2 bedrooms | 115 | AED 1,650,000 | AED 14,400 | Ready |
| 18 Aug 2026 | 2 bedrooms | 115 | AED 1,700,000 | AED 14,839 | Ready |
| 12 Aug 2026 | 1 bedroom | 71 | AED 1,145,000 | AED 16,200 | Ready |
| 6 Aug 2026 | 1 bedroom | 80 | AED 1,075,000 | AED 13,485 | Ready |
| 5 Aug 2026 | 2 bedrooms | 113 | AED 1,900,000 | AED 16,750 | Ready |
| 5 Aug 2026 | 1 bedroom | 80 | AED 1,200,000 | AED 15,053 | Ready |
| 3 Aug 2026 | 1 bedroom | 73 | AED 1,210,000 | AED 16,667 | Ready |
| 24 Jul 2026 | 1 bedroom | 72 | AED 1,182,000 | AED 16,364 | Ready |
| 23 Jul 2026 | Studio | 40 | AED 690,000 | AED 17,420 | Ready |
| 13 Jul 2026 | Studio | 40 | AED 720,000 | AED 18,228 | Ready |
| 7 Jul 2026 | Studio | 38 | AED 630,000 | AED 16,760 | Ready |
| 22 Jun 2026 | Studio | 39 | AED 605,000 | AED 15,359 | Ready |
| 18 Jun 2026 | Studio | 39 | AED 650,000 | AED 16,493 | Ready |
| 16 Jun 2026 | Studio | 39 | AED 695,000 | AED 17,675 | 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.