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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Al Hebiah Fourth · August 2026

Elite Residences 7

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-B6146-202608

Key takeaways

  • Median price for apartments: AED 945,000 (AED 9,115 per sqm), flat year on year.
  • Per sqm, apartments here are 27% below the Al Hebiah Fourth average of AED 12,553 (sales-weighted across areas).
  • 2 sales recorded in August 2026, up 100% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 945,000+9.9%vs last year
Median price / sqmAED 9,115-0.3%vs last year27% below the Al Hebiah Fourth average
Sales recorded2+100.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 2
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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

13K11K10K6Sep 24May 25Jan 26Aug 26
Oct 24 · 9.2K /sqmAug 26 · 9.1K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 945,000AED 9,115——
July 20260————
June 20263AED 725,000AED 11,163——
May 20261AED 700,000AED 10,853——
April 20263AED 650,000AED 9,100——
March 20260————

2.Recent saleslast 15 registered in Elite Residences 7

DateUnitSize sqmPriceAED / sqmStatus
6 Aug 20263 bedrooms132AED 1,240,000AED 9,402Ready
3 Aug 20261 bedroom74AED 650,000AED 8,828Ready
29 Jun 20261 bedroom69AED 725,000AED 10,579Ready
8 Jun 20262 bedrooms94AED 1,090,000AED 11,586Ready
3 Jun 20261 bedroom65AED 720,000AED 11,163Ready
5 May 20261 bedroom65AED 700,000AED 10,853Ready
28 Apr 20261 bedroom74AED 650,000AED 8,828Ready
20 Apr 20261 bedroom74AED 670,000AED 9,100Ready
20 Apr 2026Studio38AED 495,000AED 12,999Ready
24 Feb 2026Studio38AED 530,000AED 13,918Ready
8 Dec 20251 bedroom65AED 690,000AED 10,698Ready
31 Oct 20251 bedroom74AED 750,000AED 10,186Ready
20 Oct 20251 bedroom65AED 600,000AED 9,302Ready
20 Oct 20251 bedroom69AED 600,000AED 8,755Ready
20 Oct 20251 bedroom69AED 600,000AED 8,755Ready

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 Elite Residences 7 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