← Hadaeq Sheikh Mohammed Bin Rashid
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 · Hadaeq Sheikh Mohammed Bin Rashid · August 2026

Park Lane ? Building 1B

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-B7348-202608

Key takeaways

  • Median price for apartments: AED 2,538,888 (AED 24,377 per sqm), down 5.0% year on year.
  • Per sqm, apartments here are 2% above the Hadaeq Sheikh Mohammed Bin Rashid average of AED 24,007 (sales-weighted across areas).
  • 1 sales recorded in August 2026, broadly level with a year earlier.

1.Apartments1 sale · August 2026

Median sale priceAED 2,538,888+63.4%vs last year
Median price / sqmAED 24,377-5.0%vs last year2% above the Hadaeq Sheikh Mohammed Bin Rashid average
Sales recorded10.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%1 of 1
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

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

Sale price per sqm and monthly sales · 24 months

25K24K24K6Sep 24May 25Jan 26Aug 26
Sep 24 · 24K /sqmAug 26 · 24K /sqm · 1 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20261AED 2,538,888AED 24,377——
July 20260————
June 20261AED 2,467,888AED 23,510——
May 20260————
April 20261AED 2,500,888AED 23,825——
March 20260————

2.Recent saleslast 15 registered in Park Lane ? Building 1B

DateUnitSize sqmPriceAED / sqmStatus
18 Aug 20262 bedrooms104AED 2,538,888AED 24,377Off-plan
16 Jun 20262 bedrooms105AED 2,467,888AED 23,510Off-plan
29 Apr 20262 bedrooms105AED 2,500,888AED 23,825Off-plan
25 Feb 20262 bedrooms105AED 2,404,810AED 22,910Off-plan
25 Feb 20263 bedrooms142AED 3,375,888AED 23,853Off-plan
4 Feb 20262 bedrooms104AED 2,236,888AED 21,478Off-plan
28 Jan 20263 bedrooms142AED 3,570,000AED 25,224Off-plan
8 Jan 20261 bedroom61AED 1,482,888AED 24,302Off-plan
3 Nov 20252 bedrooms96AED 2,430,000AED 25,234Off-plan
20 Aug 20251 bedroom61AED 1,553,888AED 25,671Off-plan
24 Dec 20243 bedrooms142AED 3,477,341AED 24,570Off-plan
1 Nov 20243 bedrooms142AED 3,598,888AED 25,428Off-plan
22 Oct 20241 bedroom61AED 1,499,888AED 24,580Off-plan
17 Oct 20243 bedrooms142AED 3,612,888AED 25,527Off-plan
13 Sept 20243 bedrooms142AED 3,401,888AED 24,037Off-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 Park Lane ? Building 1B 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