Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

Rise Residences

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-B456-202608

Key takeaways

  • Median price for apartments: AED 872,500 (AED 13,013 per sqm), down 6.7% year on year.
  • Per sqm, apartments here are 14% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
  • 2 sales recorded in August 2026, broadly level with a year earlier.
  • 1 bedroom apartments were the most traded size: median AED 870,000 across 9 sales in three months, renting at a median AED 60,000 a year.
  • New rental contracts at a median AED 45,000 per year, an estimated 5.2% gross yield.

1.Apartments2 sales · August 2026

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.

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom9AED 870,000AED 13,082AED 60,0005

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.