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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 3 · August 2026

Al Ghurair Residence 5

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-B3450-202608

Key takeaways

  • Median price for apartments: AED 1,134,260 (AED 7,736 per sqm), down 17.1% year on year.
  • Per sqm, apartments here are 50% below the Wadi Al Safa 3 average of AED 15,561 (sales-weighted across areas).
  • 1 sales recorded in August 2026, down 89% from a year earlier.

1.Apartments1 sale · August 2026

Median sale priceAED 1,134,260+36.7%vs last year
Median price / sqmAED 7,736-17.1%vs last year50% below the Wadi Al Safa 3 average
Sales recorded1-88.9%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 1
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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

12K11K9.2K14Sep 24May 25Jan 26Aug 26
Dec 24 · 8.8K /sqmAug 26 · 7.7K /sqm · 1 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20261AED 1,134,260AED 7,736——
July 20262AED 860,000AED 12,970——
June 20263AED 890,000AED 12,132——
May 20263AED 1,048,082AED 12,037——
April 20261AED 550,000AED 14,168——
March 20263AED 660,000AED 7,490——

2.Recent saleslast 15 registered in Al Ghurair Residence 5

DateUnitSize sqmPriceAED / sqmStatus
18 Aug 20262 bedrooms147AED 1,134,260AED 7,736Ready
30 Jul 20261 bedroom94AED 1,120,000AED 11,977Ready
27 Jul 2026Studio43AED 600,000AED 13,963Ready
8 Jul 2026Studio41AED 640,000AED 15,659Ready
29 Jun 20261 bedroom79AED 770,000AED 9,757Ready
16 Jun 20261 bedroom73AED 890,000AED 12,132Ready
16 Jun 20261 bedroom88AED 1,120,000AED 12,730Ready
20 May 2026Studio45AED 700,000AED 15,483Ready
12 May 20262 bedrooms146AED 1,048,082AED 7,196Off-plan
4 May 20261 bedroom87AED 1,050,000AED 12,037Ready
16 Apr 2026Studio39AED 550,000AED 14,168Ready
31 Mar 20261 bedroom79AED 925,000AED 11,637Ready
17 Mar 20261 bedroom79AED 595,000AED 7,490Ready
12 Mar 20261 bedroom92AED 660,000AED 7,154Ready
25 Feb 2026Studio46AED 570,000AED 12,391Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Al Ghurair Residence 5 over the last two years. It stays in the link and the PDF.

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.

Full methodology