Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Me'Aisem First · August 2026
MYKA Residence
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-B314-202608
Key takeaways
- Median price for apartments: AED 1,200,000 (AED 13,512 per sqm), up 12.2% year on year.
- Per sqm, apartments here are 7% below the Me'Aisem First average of AED 14,530 (sales-weighted across areas).
- 1 sales recorded in August 2026, broadly level with a year earlier.
- New rental contracts at a median AED 72,500 per year, an estimated 6.0% 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 1,200,000 | AED 13,512 | AED 72,500 | 6.0% |
| July 2026 | 1 | AED 1,200,000 | AED 13,512 | — | — |
| June 2026 | 2 | AED 1,282,500 | AED 13,041 | — | — |
| May 2026 | 2 | AED 1,033,500 | AED 12,038 | — | — |
| April 2026 | 0 | — | — | — | — |
| March 2026 | 2 | AED 870,000 | AED 14,416 | — | — |
2.Recent saleslast 15 registered in MYKA Residence
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 26 Aug 2026 | 1 bedroom | 89 | AED 1,200,000 | AED 13,512 | Ready |
| 29 Jul 2026 | 1 bedroom | 89 | AED 1,200,000 | AED 13,512 | Ready |
| 28 Jul 2026 | Studio | 41 | AED 26,655 | AED 648 | Ready |
| 11 Jun 2026 | 2 bedrooms | 108 | AED 1,565,000 | AED 14,453 | Ready |
| 4 Jun 2026 | 1 bedroom | 86 | AED 1,000,000 | AED 11,629 | Ready |
| 19 May 2026 | 1 bedroom | 83 | AED 991,000 | AED 11,961 | Ready |
| 7 May 2026 | 1 bedroom | 89 | AED 1,076,000 | AED 12,114 | Ready |
| 16 Mar 2026 | Studio | 41 | AED 640,000 | AED 15,568 | Ready |
| 2 Mar 2026 | 1 bedroom | 83 | AED 1,100,000 | AED 13,264 | Ready |
| 19 Feb 2026 | 2 bedrooms | 109 | AED 1,625,000 | AED 14,889 | Ready |
| 3 Dec 2025 | Studio | 41 | AED 635,000 | AED 15,465 | Ready |
| 10 Nov 2025 | 1 bedroom | 85 | AED 1,150,000 | AED 13,507 | Ready |
| 6 Nov 2025 | 1 bedroom | 86 | AED 1,050,000 | AED 12,211 | Ready |
| 25 Aug 2025 | 1 bedroom | 85 | AED 1,025,000 | AED 12,039 | Ready |
| 24 Jun 2025 | Studio | 41 | AED 625,000 | AED 15,222 | 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.