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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 5 · August 2026

The Boulevard By Prestige One

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-B6708-202608

Key takeaways

  • Median price for apartments: AED 1,031,000 (AED 12,869 per sqm), down 16.9% year on year.
  • Per sqm, apartments here are 16% below the Wadi Al Safa 5 average of AED 15,411 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 95% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 1,031,000+38.8%vs last year
Median price / sqmAED 12,869-16.9%vs last year16% below the Wadi Al Safa 5 average
Sales recorded2-95.1%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%2 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

15K14K12K70Sep 24May 25Jan 26Aug 26
Mar 25 · 13K /sqmAug 26 · 13K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 1,031,000AED 12,869——
July 20261AED 1,474,600AED 10,669——
June 20260————
May 20260————
April 20262AED 1,039,070AED 13,784——
March 20268AED 707,473AED 16,772——

2.Recent saleslast 15 registered in The Boulevard By Prestige One

DateUnitSize sqmPriceAED / sqmStatus
11 Aug 20262 bedrooms134AED 1,397,000AED 10,390Off-plan
3 Aug 2026Studio43AED 665,000AED 15,347Off-plan
20 Jul 20262 bedrooms138AED 1,474,600AED 10,669Off-plan
24 Apr 20262 bedrooms105AED 1,350,000AED 12,917Off-plan
8 Apr 2026Studio50AED 728,140AED 14,651Off-plan
18 Mar 2026Studio41AED 710,000AED 17,449Off-plan
16 Mar 20262 bedrooms113AED 1,532,720AED 13,592Off-plan
16 Mar 2026Studio44AED 680,000AED 15,340Off-plan
2 Mar 2026Studio42AED 777,940AED 18,343Off-plan
2 Mar 2026Studio43AED 775,000AED 18,235Off-plan
2 Mar 2026Studio41AED 731,000AED 17,965Off-plan
2 Mar 2026Studio44AED 704,946AED 15,902Off-plan
2 Mar 2026Studio42AED 701,760AED 16,547Off-plan
2 Mar 2026Studio41AED 698,400AED 16,997Off-plan
2 Mar 2026Studio41AED 711,480AED 17,485Off-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 The Boulevard By Prestige One 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