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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

Avarra by Palace

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-B3859-202608

Key takeaways

  • Median price for apartments: AED 6,045,888 (AED 35,741 per sqm).
  • Per sqm, apartments here are 59% above the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 1 sales recorded in August 2026.

1.Apartments1 sale · August 2026

Median sale priceAED 6,045,888—vs last year
Median price / sqmAED 35,741—vs last year59% above the Business Bay average
Sales recorded1—vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%1 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

37K35K34K99Sep 24May 25Jan 26Aug 26
Jan 26 · 38K /sqmAug 26 · 36K /sqm · 1 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20261AED 6,045,888AED 35,741——
July 20261AED 2,948,888AED 38,487——
June 20262AED 3,537,388AED 37,924——
May 20261AED 2,151,994AED 31,891——
April 20265AED 4,327,100AED 37,408——
March 202620AED 4,594,854AED 36,854——

2.Recent saleslast 15 registered in Avarra by Palace

DateUnitSize sqmPriceAED / sqmStatus
2 Sept 20261 bedroom77AED 2,934,888AED 38,299Off-plan
25 Aug 20263 bedrooms169AED 6,045,888AED 35,741Off-plan
30 Jul 20261 bedroom77AED 2,948,888AED 38,487Off-plan
29 Jun 20261 bedroom77AED 3,055,888AED 39,878Off-plan
22 Jun 20262 bedrooms112AED 4,018,888AED 35,970Off-plan
18 May 20262 bedrooms67AED 2,151,994AED 31,891Off-plan
22 Apr 20261 bedroom74AED 2,774,888AED 37,408Off-plan
20 Apr 20262 bedrooms113AED 4,327,100AED 38,391Off-plan
6 Apr 20261 bedroom77AED 2,880,888AED 37,600Off-plan
1 Apr 20262 bedrooms134AED 4,923,410AED 36,717Off-plan
1 Apr 20262 bedrooms134AED 4,966,888AED 37,041Off-plan
31 Mar 20263 bedrooms172AED 6,316,970AED 36,784Off-plan
31 Mar 20261 bedroom74AED 2,762,888AED 37,246Off-plan
30 Mar 20262 bedrooms134AED 4,853,888AED 36,199Off-plan
25 Mar 20261 bedroom77AED 3,218,888AED 41,831Off-plan

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 Avarra by Palace 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