Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Wadi Al Safa 5 · August 2026
Skycourts Tower E
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-B7319-202608
Key takeaways
- Median price for apartments: AED 620,000 (AED 7,792 per sqm), up 4.2% year on year.
- Per sqm, apartments here are 49% below the Wadi Al Safa 5 average of AED 15,411 (sales-weighted across areas).
- 7 sales recorded in August 2026, up 17% from a year earlier.
- 2 bedrooms apartments were the most traded size: median AED 845,000 across 8 sales in three months.
1.Apartments7 sales · August 2026
Small sample: medians for August 2026 are based on only 7 recorded sales and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 7 | AED 620,000 | AED 7,792 | — | — |
| July 2026 | 2 | AED 905,000 | AED 7,647 | — | — |
| June 2026 | 4 | AED 810,000 | AED 7,595 | — | — |
| May 2026 | 4 | AED 523,322 | AED 7,708 | — | — |
| April 2026 | 3 | AED 845,000 | AED 8,351 | — | — |
| March 2026 | 3 | AED 600,000 | AED 8,800 | — | — |
2.By bedroomthree months to August 2026
| Type | Sales | Median price | AED / sqm | Median rent | Contracts |
|---|---|---|---|---|---|
| 2 bedrooms | 8 | AED 845,000 | AED 7,695 | — | — |
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 Skycourts Tower E
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 27 Aug 2026 | Studio | 44 | AED 400,000 | AED 9,179 | Ready |
| 17 Aug 2026 | 1 bedroom | 78 | AED 620,000 | AED 7,919 | Ready |
| 17 Aug 2026 | 2 bedrooms | 115 | AED 870,000 | AED 7,542 | Ready |
| 10 Aug 2026 | 1 bedroom | 78 | AED 610,000 | AED 7,792 | Ready |
| 5 Aug 2026 | 2 bedrooms | 115 | AED 835,000 | AED 7,239 | Ready |
| 4 Aug 2026 | 1 bedroom | 78 | AED 560,000 | AED 7,153 | Ready |
| 3 Aug 2026 | 2 bedrooms | 99 | AED 855,000 | AED 8,660 | Ready |
| 30 Jul 2026 | 2 bedrooms | 120 | AED 890,000 | AED 7,446 | Ready |
| 9 Jul 2026 | 2 bedrooms | 117 | AED 920,000 | AED 7,848 | Ready |
| 26 Jun 2026 | 2 bedrooms | 99 | AED 820,000 | AED 8,305 | Ready |
| 15 Jun 2026 | 1 bedroom | 78 | AED 550,000 | AED 7,025 | Ready |
| 11 Jun 2026 | 2 bedrooms | 120 | AED 800,000 | AED 6,693 | Ready |
| 5 Jun 2026 | 2 bedrooms | 102 | AED 830,000 | AED 8,165 | Ready |
| 22 May 2026 | 2 bedrooms | 99 | AED 436,643 | AED 4,423 | Ready |
| 18 May 2026 | 1 bedroom | 78 | AED 610,000 | AED 7,792 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
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.