Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

The Vogue

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-B302-202608

Key takeaways

  • Median price for apartments: AED 835,000 (AED 15,627 per sqm), down 2.7% year on year.
  • Per sqm, apartments here are 31% below the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 2 sales recorded in August 2026, broadly level with a year earlier.
  • New rental contracts at a median AED 48,000 per year, an estimated 5.8% 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.