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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Madinat Al Mataar · August 2026

Azizi Venice 1

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-B5644-202608

Key takeaways

  • Median price for apartments: AED 822,000 (AED 24,115 per sqm), up 3.1% year on year.
  • Per sqm, apartments here are 29% above the Madinat Al Mataar average of AED 18,643 (sales-weighted across areas).
  • 15 sales recorded in August 2026, up 650% from a year earlier.
  • 100% of the apartments sold in August 2026 were off-plan.
  • Studio apartments were the most traded size: median AED 791,000 across 21 sales in three months.

1.Apartments15 sales · August 2026

Median sale priceAED 822,000-58.5%vs last year
Median price / sqmAED 24,115+3.1%vs last year29% above the Madinat Al Mataar average
Sales recorded15+650.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%15 of 15
Off-plan median / sqmAED 24,11515 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 15 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

24K23K22K15Sep 24May 25Jan 26Aug 26
Sep 24 · 25K /sqmAug 26 · 24K /sqm · 15 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 202615AED 822,000AED 24,115——
July 20263AED 796,950AED 24,696——
June 20265AED 791,000AED 24,383——
May 20264AED 799,250AED 24,453——
April 20264AED 784,000AED 24,231——
March 20260————

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
Studio21AED 791,000AED 24,414——

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

3.Recent saleslast 15 registered in Azizi Venice 1

DateUnitSize sqmPriceAED / sqmStatus
2 Sept 2026Studio32AED 787,710AED 24,282Off-plan
1 Sept 2026Studio35AED 838,000AED 23,936Off-plan
1 Sept 2026Studio32AED 767,250AED 23,813Off-plan
26 Aug 2026Studio32AED 799,940AED 24,766Off-plan
26 Aug 2026Studio32AED 776,000AED 24,047Off-plan
25 Aug 20261 bedroom67AED 1,542,420AED 22,939Off-plan
25 Aug 2026Studio32AED 787,000AED 24,426Off-plan
25 Aug 2026Studio32AED 777,000AED 24,115Off-plan
25 Aug 2026Studio32AED 787,000AED 24,260Off-plan
24 Aug 2026Studio32AED 822,000AED 25,512Off-plan
24 Aug 20262 bedrooms104AED 2,333,000AED 22,541Off-plan
24 Aug 2026Studio32AED 822,000AED 25,512Off-plan
24 Aug 20262 bedrooms104AED 2,335,000AED 22,560Off-plan
24 Aug 2026Studio32AED 776,160AED 24,052Off-plan
20 Aug 2026Studio32AED 827,000AED 25,667Off-plan

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Azizi Venice 1 over the last two years. It stays in the link and the PDF.

4.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 September 2, 2026, rents through August 21, 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 thirty sales carry a small-sample note.

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.

Full methodology