Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Downtown Dubai · August 2026

Boulevard Point

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-B521-202608

Key takeaways

  • Median price for apartments: AED 2,720,000 (AED 26,667 per sqm), down 22.8% year on year.
  • Per sqm, apartments here are 3% below the Downtown Dubai average of AED 27,377 (sales-weighted across areas).
  • 4 sales recorded in August 2026, up 100% from a year earlier.
  • New rental contracts at a median AED 125,000 per year, an estimated 4.6% gross yield.

1.Apartments4 sales · August 2026

Small sample: medians for August 2026 are based on only 4 recorded sales and can swing month to month. Read the trend, not a single point.