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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

The Portman

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-B8104-202608

Key takeaways

  • Median price for apartments: AED 982,500 (AED 13,107 per sqm), flat year on year.
  • Per sqm, apartments here are 13% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
  • 4 sales recorded in August 2026, up 33% from a year earlier.

1.Apartments4 sales · August 2026

Median sale priceAED 982,500-0.3%vs last year
Median price / sqmAED 13,107+0.1%vs last year13% below the Jumeirah Village Circle average
Sales recorded4+33.3%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%4 of 4
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 4 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

16K15K13K5Sep 24May 25Jan 26Aug 26
Sep 24 · 16K /sqmAug 26 · 13K /sqm · 4 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20264AED 982,500AED 13,107——
July 20260————
June 20261AED 1,020,000AED 14,755——
May 20261AED 1,050,000AED 14,716——
April 20261AED 1,625,828AED 18,017——
March 20262AED 1,083,234AED 15,649——

2.Recent saleslast 15 registered in The Portman

DateUnitSize sqmPriceAED / sqmStatus
19 Aug 20261 bedroom63AED 1,025,000AED 16,296Off-plan
13 Aug 20261 bedroom66AED 940,000AED 14,214Off-plan
5 Aug 20262 bedrooms90AED 1,069,828AED 11,855Off-plan
4 Aug 20261 bedroom76AED 913,828AED 11,999Off-plan
29 Jun 20261 bedroom69AED 1,020,000AED 14,755Off-plan
21 May 20261 bedroom71AED 1,050,000AED 14,716Off-plan
7 Apr 20262 bedrooms90AED 1,625,828AED 18,017Off-plan
23 Mar 20261 bedroom63AED 1,030,000AED 16,375Off-plan
12 Mar 20261 bedroom76AED 1,136,468AED 14,922Off-plan
23 Feb 20261 bedroom76AED 1,120,000AED 14,706Off-plan
10 Nov 20252 bedrooms101AED 1,145,828AED 11,292Off-plan
22 Oct 20251 bedroom63AED 989,828AED 15,737Off-plan
15 Sept 20251 bedroom76AED 1,065,300AED 13,988Off-plan
15 Sept 20251 bedroom76AED 1,009,700AED 13,258Off-plan
22 Aug 20251 bedroom69AED 1,270,000AED 18,371Off-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 The Portman 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