Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 5 · July 2026

Celesto Tower 2

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-B3335-202607

Key takeaways

  • Median price for apartments: AED 783,806 (AED 15,671 per sqm).
  • 23 sales recorded in July 2026.

1.Apartments23 sales · July 2026

Median sale priceAED 783,806vs last year
Median price / sqmAED 15,671vs last year
Sales recorded23vs last year
Median annual rentnew contracts
Gross yieldrent ÷ price

Sale price per sqm · 24 months

Apr 26 · 17K /sqmlow 15K · high 17KJul 26 · 16K /sqm

Monthly sales

23
Aug 24Jul 26 · 23 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 202623AED 783,806AED 15,671
June 20264AED 788,972AED 15,105
May 202610AED 789,829AED 15,933
April 20267AED 545,000AED 17,138
March 20260
February 20260

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.