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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 4 · July 2026

AZIZI Milan 20

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-B5210-202607

Key takeaways

  • Median price for apartments: AED 580,000 (AED 17,308 per sqm), up 3.5% year on year.
  • 94 sales recorded in July 2026, up 683% from a year earlier.

1.Apartments94 sales · July 2026

Median sale priceAED 580,000-0.7%vs last year
Median price / sqmAED 17,308+3.5%vs last year
Sales recorded94+683.3%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price

Sale price per sqm · 24 months

May 25 · 17K /sqmlow 14K · high 18KJul 26 · 17K /sqm

Monthly sales

106
Aug 24Jul 26 · 94 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 202694AED 580,000AED 17,308——
June 2026106AED 579,000AED 17,419——
May 202642AED 580,000AED 17,227——
April 20265AED 620,000AED 16,852——
March 20262AED 576,710AED 17,739——
February 20266AED 590,940AED 17,408——

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.