Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Al Kifaf · July 2026

1 Residences - 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-B4170-202607

Key takeaways

  • Median price for apartments: AED 2,475,000 (AED 18,005 per sqm), down 38.0% year on year.
  • 2 sales recorded in July 2026, down 33% from a year earlier.

1.Apartments2 sales · July 2026

Median sale priceAED 2,475,000-45.2%vs last year
Median price / sqmAED 18,005-38.0%vs last year
Sales recorded2-33.3%vs last year
Median annual rentnew contracts
Gross yieldrent ÷ price

Small sample: medians for July 2026 are based on only 2 recorded sales and can swing month to month.

Sale price per sqm · 24 months

Aug 24 · 24K /sqmlow 18K · high 29KJul 26 · 18K /sqm

Monthly sales

18
Aug 24Jul 26 · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 20262AED 2,475,000AED 18,005
June 20262AED 2,350,000AED 20,765
May 20262AED 3,400,000AED 25,823
April 20263AED 1,820,000AED 19,838
March 20260
February 20263AED 3,030,000AED 22,827

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.