Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Downtown Dubai · August 2026
Rp Heights
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-B605-202608
Key takeaways
- Median price for apartments: AED 3,050,000 (AED 20,425 per sqm).
- Per sqm, apartments here are 25% below the Downtown Dubai average of AED 27,377 (sales-weighted across areas).
- 2 sales recorded in August 2026.
- New rental contracts at a median AED 105,000 per year, an estimated 3.4% gross yield.
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.
Sale price per sqm and monthly sales · 24 months
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 2 | AED 3,050,000 | AED 20,425 | AED 105,000 | 3.4% |
| July 2026 | 1 | AED 2,100,000 | AED 17,330 | AED 155,000 | 7.4% |
| June 2026 | 0 | — | — | — | — |
| May 2026 | 1 | AED 4,325,000 | AED 22,971 | — | — |
| April 2026 | 2 | AED 8,075,000 | AED 20,493 | — | — |
| March 2026 | 2 | AED 2,025,000 | AED 19,642 | — | — |
2.Recent saleslast 15 registered in Rp Heights
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 18 Aug 2026 | 3 bedrooms | 296 | AED 10,600,000 | AED 35,833 | Ready |
| 18 Aug 2026 | 1 bedroom | 104 | AED 2,000,000 | AED 19,296 | Ready |
| 4 Aug 2026 | 2 bedrooms | 190 | AED 4,100,000 | AED 21,554 | Ready |
| 6 Jul 2026 | 1 bedroom | 121 | AED 2,100,000 | AED 17,330 | Ready |
| 6 May 2026 | 2 bedrooms | 188 | AED 4,325,000 | AED 22,971 | Ready |
| 29 Apr 2026 | 1 bedroom | 126 | AED 2,150,000 | AED 17,104 | Ready |
| 20 Apr 2026 | 5+ bedrooms | 586 | AED 14,000,000 | AED 23,881 | Ready |
| 26 Mar 2026 | 1 bedroom | 104 | AED 2,050,000 | AED 19,757 | Ready |
| 18 Mar 2026 | 1 bedroom | 102 | AED 2,000,000 | AED 19,527 | Ready |
| 18 Dec 2025 | 1 bedroom | 86 | AED 2,025,000 | AED 23,634 | Ready |
| 20 Oct 2025 | 1 bedroom | 121 | AED 2,471,554 | AED 20,396 | Ready |
| 20 Oct 2025 | 1 bedroom | 102 | AED 2,087,585 | AED 20,383 | Ready |
| 9 Oct 2025 | 2 bedrooms | 166 | AED 3,473,539 | AED 20,939 | Ready |
| 4 Sept 2025 | 1 bedroom | 94 | AED 2,100,000 | AED 22,350 | Ready |
| 2 Sept 2025 | 5+ bedrooms | 293 | AED 6,625,000 | AED 22,602 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
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.