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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

Onda By Kasco

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-B8842-202608

Key takeaways

  • Median price for apartments: AED 1,648,946 (AED 20,166 per sqm), down 2.7% year on year.
  • Per sqm, apartments here are 11% below the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 88% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 1,648,946-16.1%vs last year
Median price / sqmAED 20,166-2.7%vs last year11% below the Business Bay average
Sales recorded2-87.5%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

24K22K21K52Sep 24May 25Jan 26Aug 26
Jan 25 · 23K /sqmAug 26 · 20K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 1,648,946AED 20,166——
July 20262AED 1,970,389AED 24,161——
June 20261AED 1,624,621AED 19,245——
May 20260————
April 20260————
March 20265AED 2,087,530AED 19,581——

2.Recent saleslast 15 registered in Onda By Kasco

DateUnitSize sqmPriceAED / sqmStatus
18 Aug 20261 bedroom82AED 1,668,777AED 20,408Off-plan
12 Aug 20261 bedroom82AED 1,629,114AED 19,923Off-plan
20 Jul 20262 bedrooms81AED 2,264,000AED 27,817Off-plan
15 Jul 20261 bedroom82AED 1,676,777AED 20,506Off-plan
4 Jun 20261 bedroom84AED 1,624,621AED 19,245Off-plan
27 Mar 20261 bedroom82AED 1,757,545AED 21,494Off-plan
25 Mar 2026Studio39AED 1,335,530AED 34,403Off-plan
11 Mar 20262 bedrooms109AED 2,087,530AED 19,189Off-plan
11 Mar 20262 bedrooms137AED 2,521,354AED 18,397Off-plan
11 Mar 20262 bedrooms118AED 2,307,399AED 19,581Off-plan
5 Mar 20261 bedroom82AED 1,709,545AED 20,907Off-plan
10 Feb 20262 bedrooms137AED 2,508,904AED 18,306Off-plan
10 Feb 20262 bedrooms109AED 2,087,785AED 19,191Off-plan
3 Feb 20262 bedrooms137AED 2,532,974AED 18,482Off-plan
3 Feb 20262 bedrooms119AED 2,308,299AED 19,383Off-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 Onda By Kasco 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