Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Al Merkadh · August 2026

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

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-B4754-202608

Key takeaways

  • Median price for apartments: AED 2,325,000 (AED 23,478 per sqm), down 12.8% year on year.
  • Per sqm, apartments here are 14% above the Al Merkadh average of AED 20,556 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 50% from a year earlier.

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.