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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Wadi Al Safa 5 · August 2026

Veona by Gutti

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-B8504-202608

Key takeaways

  • Median price for apartments: AED 1,187,500 (AED 14,015 per sqm).
  • Per sqm, apartments here are 9% below the Wadi Al Safa 5 average of AED 15,411 (sales-weighted across areas).
  • 2 sales recorded in August 2026.
  • 1 bedroom apartments were the most traded size: median AED 1,060,000 across 5 sales in three months.

1.Apartments2 sales · August 2026

Median sale priceAED 1,187,500—vs last year
Median price / sqmAED 14,015—vs last year9% below the Wadi Al Safa 5 average
Sales recorded2—vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales100%2 of 2
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 2 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

17K16K15K9Sep 24May 25Jan 26Aug 26
Mar 26 · 17K /sqmAug 26 · 14K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 1,187,500AED 14,015——
July 20263AED 654,496AED 17,575——
June 20264AED 856,748AED 16,218——
May 20264AED 830,748AED 16,050——
April 20261AED 639,936AED 17,380——
March 20269AED 648,016AED 17,240——

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom5AED 1,060,000AED 13,928——

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 Veona by Gutti

DateUnitSize sqmPriceAED / sqmStatus
10 Aug 20261 bedroom71AED 995,000AED 13,928Off-plan
5 Aug 20262 bedrooms98AED 1,380,000AED 14,102Off-plan
28 Jul 20261 bedroom109AED 1,200,000AED 10,985Off-plan
28 Jul 2026Studio37AED 654,496AED 17,575Off-plan
28 Jul 2026Studio37AED 647,967AED 17,589Off-plan
25 Jun 2026Studio37AED 654,496AED 17,575Off-plan
23 Jun 20261 bedroom71AED 1,060,000AED 14,838Off-plan
23 Jun 20261 bedroom71AED 1,059,000AED 14,861Off-plan
10 Jun 2026Studio37AED 647,967AED 17,589Off-plan
8 Jun 20261 bedroom109AED 1,155,000AED 10,573Off-plan
18 May 20261 bedroom71AED 1,007,000AED 14,096Off-plan
18 May 2026Studio37AED 654,496AED 17,570Off-plan
15 May 20261 bedroom70AED 1,015,098AED 14,530Off-plan
15 May 2026Studio37AED 647,500AED 17,576Off-plan
13 Apr 2026Studio37AED 639,936AED 17,380Off-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 Veona by Gutti over the last two years. It stays in the link and the PDF.

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.

Full methodology