← Wadi Al Safa 3
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 · Wadi Al Safa 3 · August 2026

Lazord By Lapis

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-B7788-202608

Key takeaways

  • Median price for apartments: AED 679,000 (AED 15,861 per sqm), up 1.6% year on year.
  • Per sqm, apartments here are 2% above the Wadi Al Safa 3 average of AED 15,561 (sales-weighted across areas).
  • 3 sales recorded in August 2026, down 90% from a year earlier.

1.Apartments3 sales · August 2026

Median sale priceAED 679,000+29.6%vs last year
Median price / sqmAED 15,861+1.6%vs last year2% above the Wadi Al Safa 3 average
Sales recorded3-89.7%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%3 of 3
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 3 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

17K16K14K49Sep 24May 25Jan 26Aug 26
Jan 25 · 14K /sqmAug 26 · 16K /sqm · 3 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20263AED 679,000AED 15,861——
July 20263AED 850,000AED 14,751——
June 20265AED 1,155,368AED 13,276——
May 202613AED 750,000AED 15,782——
April 20260————
March 20260————

2.Recent saleslast 15 registered in Lazord By Lapis

DateUnitSize sqmPriceAED / sqmStatus
31 Aug 2026Studio34AED 545,000AED 15,861Off-plan
31 Aug 2026Studio33AED 679,000AED 20,489Off-plan
10 Aug 20262 bedrooms88AED 1,116,152AED 12,733Off-plan
16 Jul 2026Studio33AED 597,500AED 18,051Off-plan
16 Jul 20261 bedroom68AED 850,000AED 12,570Off-plan
10 Jul 20262 bedrooms88AED 1,293,105AED 14,751Off-plan
25 Jun 20261 bedroom68AED 850,000AED 12,570Off-plan
15 Jun 2026Studio33AED 615,000AED 18,580Off-plan
9 Jun 20262 bedrooms103AED 1,300,000AED 12,580Off-plan
5 Jun 20261 bedroom61AED 1,155,368AED 18,829Off-plan
2 Jun 20262 bedrooms104AED 1,376,298AED 13,276Off-plan
19 May 2026Studio36AED 580,000AED 15,934Off-plan
13 May 2026Studio37AED 750,000AED 20,336Off-plan
12 May 2026Studio36AED 570,000AED 16,029Off-plan
11 May 20262 bedrooms104AED 1,630,049AED 15,723Off-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 Lazord By Lapis 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