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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Madinat Al Mataar · August 2026

Majestique Residence 1

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-B1691-202608

Key takeaways

  • Median price for apartments: AED 434,625 (AED 11,810 per sqm), down 5.8% year on year.
  • Per sqm, apartments here are 37% below the Madinat Al Mataar average of AED 18,643 (sales-weighted across areas).
  • 1 sales recorded in August 2026, down 50% from a year earlier.
  • New rental contracts at a median AED 78,000 per year, an estimated 17.9% gross yield.

1.Apartments1 sale · August 2026

Median sale priceAED 434,625-57.8%vs last year
Median price / sqmAED 11,810-5.8%vs last year37% below the Madinat Al Mataar average
Sales recorded1-50.0%vs last year
Median annual rentAED 78,000—new contracts
Gross yield17.9%rent ÷ price
Off-plan share of sales0%0 of 1
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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

13K13K12K12Sep 24May 25Jan 26Aug 26
Sep 24 · 12K /sqmAug 26 · 12K /sqm · 1 sales

Median annual rent and new contracts · 24 months

87K71K56K2Sep 24May 25Jan 26Aug 26
Mar 25 · 40K /yrAug 26 · 78K /yr · 1 new contracts

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20261AED 434,625AED 11,810AED 78,00017.9%
July 20261AED 500,000AED 13,492——
June 20260————
May 20261AED 1,150,000AED 13,143AED 70,1956.1%
April 20260————
March 20260——AED 50,000—

2.Recent saleslast 15 registered in Majestique Residence 1

DateUnitSize sqmPriceAED / sqmStatus
2 Sept 2026Studio37AED 427,120AED 11,607Ready
2 Sept 20262 bedrooms92AED 1,101,580AED 11,987Ready
18 Aug 2026Studio37AED 434,625AED 11,810Ready
18 Aug 20262 bedrooms92AED 956,840AED 10,430Ready
28 Jul 2026Studio37AED 500,000AED 13,492Ready
29 Jun 20262 bedrooms87AED 1,235,000AED 14,233Ready
25 May 20262 bedrooms88AED 1,150,000AED 13,143Ready
16 Mar 2026Studio37AED 565,000AED 15,378Ready
24 Feb 20262 bedrooms92AED 1,298,000AED 14,040Ready
12 Feb 20262 bedrooms88AED 1,200,000AED 13,675Ready
6 Feb 20262 bedrooms86AED 1,159,300AED 13,502Ready
30 Jan 20262 bedrooms86AED 1,124,000AED 13,024Ready
28 Jan 20262 bedrooms82AED 1,077,000AED 13,129Ready
28 Jan 20262 bedrooms87AED 1,100,520AED 12,658Ready
16 Jan 20262 bedrooms86AED 1,100,000AED 12,838Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Majestique Residence 1 over the last two years. It stays in the link and the PDF.

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.

Full methodology