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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Palm Jumeirah · August 2026

The Residences North

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-B3514-202608

Key takeaways

  • Median price for apartments: AED 2,525,000 (AED 19,039 per sqm), down 14.9% year on year.
  • Per sqm, apartments here are 39% below the Palm Jumeirah average of AED 31,173 (sales-weighted across areas).
  • 2 sales recorded in August 2026, broadly level with a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 2,525,000-75.8%vs last year
Median price / sqmAED 19,039-14.9%vs last year39% below the Palm Jumeirah average
Sales recorded20.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 2
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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.

Sale price per sqm and monthly sales · 24 months

30K26K22K6Sep 24May 25Jan 26Aug 26
Sep 24 · 24K /sqmAug 26 · 19K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 2,525,000AED 19,039——
July 20260————
June 20263AED 2,615,000AED 22,471——
May 20261AED 8,000,000AED 17,547——
April 20260————
March 20260————

2.Recent saleslast 15 registered in The Residences North

DateUnitSize sqmPriceAED / sqmStatus
27 Aug 20261 bedroom140AED 2,500,000AED 17,800Ready
20 Aug 20261 bedroom126AED 2,550,000AED 20,278Ready
19 Aug 20262 bedrooms164AED 7,500,000AED 45,695Ready
30 Jun 20263 bedrooms456AED 10,237,373AED 22,471Ready
18 Jun 20261 bedroom122AED 2,615,000AED 21,420Ready
9 Jun 20262 bedrooms102AED 2,300,000AED 22,604Ready
1 Jun 2026Apartments407AED 17,000,000AED 41,777Ready
19 May 20263 bedrooms456AED 8,000,000AED 17,547Ready
18 Dec 20251 bedroom120AED 3,850,000AED 32,115Ready
18 Dec 20252 bedrooms185AED 7,500,000AED 40,442Ready
15 Dec 20252 bedrooms172AED 5,200,000AED 30,241Ready
9 Dec 20252 bedrooms179AED 3,837,090AED 21,410Ready
9 Dec 20252 bedrooms185AED 11,000,000AED 59,315Ready
9 Oct 20252 bedrooms201AED 4,375,000AED 21,766Ready
24 Sept 20252 bedrooms163AED 6,850,000AED 41,906Ready

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 The Residences North 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