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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Hadaeq Sheikh Mohammed Bin Rashid · August 2026

Collective Tower 1

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-B6982-202608

Key takeaways

  • Median price for apartments: AED 721,595 (AED 10,966 per sqm), down 61.3% year on year.
  • Per sqm, apartments here are 54% below the Hadaeq Sheikh Mohammed Bin Rashid average of AED 24,007 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 33% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 721,595-46.5%vs last year
Median price / sqmAED 10,966-61.3%vs last year54% below the Hadaeq Sheikh Mohammed Bin Rashid average
Sales recorded2-33.3%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

24K20K15K7Sep 24May 25Jan 26Aug 26
Sep 24 · 27K /sqmAug 26 · 11K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 721,595AED 10,966——
July 20261AED 1,170,000AED 25,664——
June 20260————
May 20261AED 1,100,000AED 24,870——
April 20263AED 1,050,000AED 23,729——
March 20262AED 1,515,000AED 27,228——

2.Recent saleslast 15 registered in Collective Tower 1

DateUnitSize sqmPriceAED / sqmStatus
26 Aug 20262 bedrooms68AED 1,350,000AED 19,888Ready
7 Aug 20261 bedroom46AED 93,190AED 2,044Ready
24 Jul 20262 bedrooms67AED 6,481AED 97Ready
24 Jul 20262 bedrooms67AED 13,598AED 203Ready
22 Jul 20262 bedrooms67AED 5,152AED 77Ready
6 Jul 20261 bedroom46AED 1,170,000AED 25,664Ready
6 May 20261 bedroom44AED 1,100,000AED 24,870Ready
29 Apr 20261 bedroom44AED 1,050,000AED 23,729Ready
21 Apr 20262 bedrooms67AED 1,650,000AED 24,678Ready
3 Apr 20261 bedroom44AED 1,000,000AED 22,609Ready
3 Mar 20262 bedrooms67AED 1,750,000AED 26,174Ready
3 Mar 20261 bedroom45AED 1,280,000AED 28,281Ready
5 Feb 20262 bedrooms67AED 1,700,000AED 25,426Ready
29 Jan 20262 bedrooms67AED 92,488AED 1,380Ready
20 Jan 20261 bedroom44AED 1,340,000AED 30,296Ready

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 Collective Tower 1 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