Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Al Barshaa South Third · August 2026
Nas3
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-B807-202608
Key takeaways
- Median price for apartments: AED 1,080,000 (AED 14,132 per sqm), down 12.6% year on year.
- Per sqm, apartments here are 10% below the Al Barshaa South Third average of AED 15,649 (sales-weighted across areas).
- 3 sales recorded in August 2026, up 200% from a year earlier.
- 1 bedroom apartments were the most traded size: median AED 1,064,000 across 5 sales in three months.
- New rental contracts at a median AED 48,000 per year, an estimated 4.4% gross yield.
1.Apartments3 sales · August 2026
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
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 3 | AED 1,080,000 | AED 14,132 | AED 48,000 | 4.4% |
| July 2026 | 2 | AED 1,560,000 | AED 12,630 | AED 59,000 | 3.8% |
| June 2026 | 1 | AED 1,064,000 | AED 13,100 | AED 52,000 | 4.9% |
| May 2026 | 0 | — | — | — | — |
| April 2026 | 0 | — | — | — | — |
| March 2026 | 1 | AED 642,495 | AED 15,975 | — | — |
2.By bedroomthree months to August 2026
| Type | Sales | Median price | AED / sqm | Median rent | Contracts |
|---|---|---|---|---|---|
| Studio | 2 | — | — | AED 45,000 | 6 |
| 1 bedroom | 5 | AED 1,064,000 | AED 13,100 | — | 3 |
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 Nas3
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 27 Aug 2026 | Studio | 40 | AED 670,000 | AED 16,758 | Ready |
| 25 Aug 2026 | 1 bedroom | 81 | AED 998,900 | AED 12,332 | Ready |
| 17 Aug 2026 | Studio | 40 | AED 565,000 | AED 14,132 | Ready |
| 17 Aug 2026 | 1 bedroom | 81 | AED 1,300,000 | AED 15,955 | Ready |
| 5 Aug 2026 | 1 bedroom | 81 | AED 1,080,000 | AED 13,390 | Ready |
| 7 Jul 2026 | 3 bedrooms | 165 | AED 2,100,000 | AED 12,693 | Ready |
| 6 Jul 2026 | 1 bedroom | 81 | AED 1,020,000 | AED 12,566 | Ready |
| 19 Jun 2026 | 1 bedroom | 81 | AED 1,064,000 | AED 13,100 | Ready |
| 24 Mar 2026 | Studio | 40 | AED 642,495 | AED 15,975 | Off-plan |
| 5 Feb 2026 | 1 bedroom | 81 | AED 1,080,536 | AED 13,345 | Off-plan |
| 13 Nov 2025 | Studio | 40 | AED 623,220 | AED 15,495 | Off-plan |
| 2 Oct 2025 | Studio | 41 | AED 615,000 | AED 15,129 | Off-plan |
| 29 Sept 2025 | Studio | 40 | AED 610,000 | AED 15,167 | Off-plan |
| 28 Aug 2025 | Studio | 40 | AED 650,000 | AED 16,161 | Off-plan |
| 5 May 2025 | 1 bedroom | 81 | AED 1,184,754 | AED 14,630 | Off-plan |
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.