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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Al Merkadh · August 2026

Sobha Hartland Greens Phase Iii 2

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-B5798-202608

Key takeaways

  • Median price for apartments: AED 51,038 (AED 1,134 per sqm), down 94.9% year on year.
  • Per sqm, apartments here are 94% below the Al Merkadh average of AED 20,556 (sales-weighted across areas).
  • 4 sales recorded in August 2026, up 33% from a year earlier.

1.Apartments4 sales · August 2026

Median sale priceAED 51,038-96.6%vs last year
Median price / sqmAED 1,134-94.9%vs last year94% below the Al Merkadh average
Sales recorded4+33.3%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 4
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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.

Sale price per sqm and monthly sales · 24 months

17K12K6.2K11Sep 24May 25Jan 26Aug 26
Sep 24 · 17K /sqmAug 26 · 1.1K /sqm · 4 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20264AED 51,038AED 1,134——
July 20267AED 87,096AED 1,968——
June 20261AED 1,360,000AED 20,894——
May 20260————
April 20260————
March 20261AED 900,000AED 20,018——

2.Recent saleslast 15 registered in Sobha Hartland Greens Phase Iii 2

DateUnitSize sqmPriceAED / sqmStatus
12 Aug 2026Studio44AED 33,457AED 760Ready
10 Aug 2026Studio45AED 52,613AED 1,170Ready
10 Aug 2026Studio45AED 49,463AED 1,098Ready
7 Aug 2026Studio44AED 80,676AED 1,816Ready
6 Aug 20261 bedroom65AED 12,403AED 190Ready
30 Jul 2026Studio50AED 3,291AED 66Ready
29 Jul 2026Studio44AED 870,000AED 19,657Ready
28 Jul 2026Studio44AED 95,580AED 2,151Ready
27 Jul 20261 bedroom65AED 19,959AED 307Ready
27 Jul 20261 bedroom65AED 63,309AED 971Ready
27 Jul 2026Studio44AED 100,201AED 2,264Ready
24 Jul 2026Studio44AED 8,786AED 200Ready
24 Jul 2026Studio44AED 11,771AED 265Ready
24 Jul 2026Studio44AED 55,729AED 1,267Ready
24 Jul 2026Studio44AED 87,096AED 1,968Ready

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 Sobha Hartland Greens Phase Iii 2 over the last two years. It stays in the link and the PDF.

3.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