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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Madinat Al Mataar · August 2026

Mag 515

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-B4130-202608

Key takeaways

  • Median price for apartments: AED 532,500 (AED 12,426 per sqm), down 3.9% year on year.
  • Per sqm, apartments here are 33% below the Madinat Al Mataar average of AED 18,643 (sales-weighted across areas).
  • 2 sales recorded in August 2026, up 100% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 532,500+1.4%vs last year
Median price / sqmAED 12,426-3.9%vs last year33% below the Madinat Al Mataar average
Sales recorded2+100.0%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

9.9K6.8K3.8K4Sep 24May 25Jan 26Aug 26
Sep 24 · 11K /sqmAug 26 · 12K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 532,500AED 12,426——
July 20261AED 730,000AED 11,801——
June 20260————
May 20261AED 600,000AED 10,262——
April 20260————
March 20260————

2.Recent saleslast 15 registered in Mag 515

DateUnitSize sqmPriceAED / sqmStatus
19 Aug 2026Studio41AED 475,000AED 11,702Ready
12 Aug 20261 bedroom45AED 590,000AED 13,149Ready
5 Aug 20261 bedroom48AED 24,754AED 519Ready
23 Jul 20261 bedroom44AED 21,042AED 474Ready
20 Jul 20262 bedrooms62AED 730,000AED 11,801Ready
26 Jun 2026Studio33AED 480,000AED 14,350Ready
18 May 20261 bedroom58AED 600,000AED 10,262Ready
26 Feb 20262 bedrooms62AED 725,000AED 11,658Ready
14 Jan 20261 bedroom44AED 32,436AED 730Ready
16 Sept 20251 bedroom58AED 645,000AED 11,155Ready
19 Aug 2025Studio41AED 525,000AED 12,934Ready
10 Jul 2025Studio36AED 460,000AED 12,796Ready
8 Jul 2025Studio41AED 410,000AED 10,101Ready
2 Jul 2025Studio41AED 400,000AED 9,855Ready
16 Jun 2025Studio33AED 430,000AED 12,855Ready

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 Mag 515 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