← Business Bay
Demo letterhead. Sign in to use yours

Print it with your name on it

This report currently carries the demo letterhead. Sign in free and it carries your name, agency, registration number, and colors instead. Takes about a minute.

Sign in free with Google

Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

Downtown Residences

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-B6795-202608

Key takeaways

  • Median price for apartments: AED 2,694,884 (AED 29,829 per sqm), down 1.4% year on year.
  • Per sqm, apartments here are 32% above the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 8 sales recorded in August 2026, up 300% from a year earlier.
  • 1 bedroom apartments were the most traded size: median AED 2,499,691 across 9 sales in three months.

1.Apartments8 sales · August 2026

Median sale priceAED 2,694,884-27.4%vs last year
Median price / sqmAED 29,829-1.4%vs last year32% above the Business Bay average
Sales recorded8+300.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%8 of 8
Off-plan median / sqmAED 29,8298 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 8 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

31K30K30K122Sep 24May 25Jan 26Aug 26
Jul 25 · 30K /sqmAug 26 · 30K /sqm · 8 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20268AED 2,694,884AED 29,829——
July 20262AED 3,981,130AED 31,689——
June 20266AED 2,430,086AED 29,710——
May 20262AED 3,002,973AED 29,035——
April 202612AED 2,534,871AED 29,124——
March 202621AED 3,251,233AED 30,300——

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom9AED 2,499,691AED 29,811——
2 bedrooms7AED 3,732,625AED 31,576——

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 Downtown Residences

DateUnitSize sqmPriceAED / sqmStatus
2 Sept 20262 bedrooms102AED 3,510,703AED 34,264Off-plan
2 Sept 20261 bedroom83AED 2,296,051AED 27,577Off-plan
31 Aug 20261 bedroom78AED 2,735,952AED 34,884Off-plan
31 Aug 20261 bedroom84AED 2,653,815AED 31,627Off-plan
31 Aug 20261 bedroom85AED 2,529,728AED 29,811Off-plan
31 Aug 20262 bedrooms227AED 6,732,824AED 29,601Off-plan
31 Aug 20262 bedrooms253AED 7,414,340AED 29,359Off-plan
31 Aug 20261 bedroom84AED 2,499,691AED 29,847Off-plan
31 Aug 20262 bedrooms103AED 3,360,788AED 32,740Off-plan
5 Aug 20261 bedroom83AED 2,336,264AED 28,060Off-plan
8 Jul 20262 bedrooms127AED 4,229,635AED 33,312Off-plan
8 Jul 20262 bedrooms124AED 3,732,625AED 30,065Off-plan
29 Jun 20262 bedrooms102AED 3,547,585AED 34,624Off-plan
29 Jun 20261 bedroom71AED 2,096,500AED 29,520Off-plan
24 Jun 20261 bedroom83AED 2,309,455AED 27,738Off-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 Downtown Residences 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