Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Dubai Marina · August 2026

Torch Tower

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-B824-202608

Key takeaways

  • Median price for apartments: AED 1,515,000 (AED 15,074 per sqm), up 5.4% year on year.
  • Per sqm, apartments here are 37% below the Dubai Marina average of AED 23,816 (sales-weighted across areas).
  • 6 sales recorded in August 2026, up 20% from a year earlier.
  • 1 bedroom apartments were the most traded size: median AED 1,250,000 across 5 sales in three months.
  • New rental contracts at a median AED 92,500 per year, an estimated 6.1% gross yield.

1.Apartments6 sales · August 2026

Small sample: medians for August 2026 are based on only 6 recorded sales and can swing month to month. Read the trend, not a single point.

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom5AED 1,250,000AED 15,8331

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.