Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

Binghatti Gardenia

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-B186-202608

Key takeaways

  • Median price for apartments: AED 1,245,000 (AED 14,986 per sqm), down 8.9% year on year.
  • Per sqm, apartments here are 1% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 60% from a year earlier.
  • 1 bedroom apartments were the most traded size: median AED 825,000 across 5 sales in three months.
  • New rental contracts at a median AED 105,000 per year, an estimated 8.4% gross yield.

1.Apartments2 sales · August 2026

Small sample: medians for August 2026 are based on only 2 recorded sales and can swing month to month. Read the trend, not a single point.

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom5AED 825,000AED 16,1792

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.