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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 2 · August 2026

Farah 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-B7607-202608

Key takeaways

  • Median price for apartments: AED 570,000 (AED 7,541 per sqm), down 9.2% year on year.
  • Per sqm, apartments here are 49% below the Wadi Al Safa 2 average of AED 14,767 (sales-weighted across areas).
  • 1 sales recorded in August 2026, broadly level with a year earlier.

1.Apartments1 sale · August 2026

Median sale priceAED 570,000-9.5%vs last year
Median price / sqmAED 7,541-9.2%vs last year49% below the Wadi Al Safa 2 average
Sales recorded10.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 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

8.6K8.1K7.6K3Sep 24May 25Jan 26Aug 26
Sep 24 · 7.3K /sqmAug 26 · 7.5K /sqm · 1 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20261AED 570,000AED 7,541——
July 20261AED 595,000AED 7,899——
June 20260————
May 20260————
April 20260————
March 20260————

2.Recent saleslast 10 registered in Farah tower 1

DateUnitSize sqmPriceAED / sqmStatus
13 Aug 20261 bedroom76AED 570,000AED 7,541Ready
9 Jul 20261 bedroom75AED 595,000AED 7,899Ready
17 Feb 20261 bedroom60AED 550,000AED 9,098Ready
11 Feb 20261 bedroom60AED 550,000AED 9,098Ready
11 Feb 20261 bedroom60AED 550,000AED 9,098Ready
11 Aug 20251 bedroom76AED 630,001AED 8,309Ready
15 Jul 20251 bedroom60AED 545,000AED 9,017Ready
25 Feb 20251 bedroom76AED 600,000AED 7,934Ready
4 Dec 20241 bedroom70AED 500,000AED 7,094Ready
2 Sept 20241 bedroom75AED 550,000AED 7,301Ready

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 Farah 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