Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Downtown Dubai · July 2026

Burj Crown

Source: Dubai Land Department open data · Sales through August 20, 2026 · Rents through August 23, 2026

Period covered: Aug 24 to Jul 26 · Ref AR-B331-202607

Key takeaways

  • Median price for apartments: AED 3,700,000 (AED 29,363 per sqm), down 12.9% year on year.
  • 5 sales recorded in July 2026, up 25% from a year earlier.
  • New rental contracts at a median AED 102,500 per year, an estimated 2.8% gross yield.

1.Apartments5 sales · July 2026

Median sale priceAED 3,700,000-12.9%vs last year
Median price / sqmAED 29,363-12.9%vs last year
Sales recorded5+25.0%vs last year
Median annual rentAED 102,500-14.6%new contracts
Gross yield2.8%rent ÷ price

Small sample: medians for July 2026 are based on only 5 recorded sales and can swing month to month.

Sale price per sqm · 24 months

Aug 24 · 27K /sqmlow 27K · high 34KJul 26 · 29K /sqm

Monthly sales

13
Aug 24Jul 26 · 5 sales

Median annual rent · 24 months

Aug 24 · 115K /yrlow 103K · high 300KJul 26 · 103K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 20265AED 3,700,000AED 29,363AED 102,5002.8%
June 20264AED 3,075,000AED 27,390AED 170,0005.5%
May 20261AED 3,600,000AED 28,569
April 20263AED 2,400,000AED 29,363
March 20263AED 2,600,000AED 27,858AED 120,0004.6%
February 20265AED 3,100,000AED 29,719

2.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 August 20, 2026, rents through August 23, 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 ten sales are flagged.

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.