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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Downtown Dubai · August 2026

Al NOUJOUM 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-B9003-202608

Key takeaways

  • Median price for apartments: AED 1,025,000 (AED 18,261 per sqm), down 1.9% year on year.
  • Per sqm, apartments here are 33% below the Downtown Dubai average of AED 27,377 (sales-weighted across areas).
  • 2 sales recorded in August 2026, broadly level with a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 1,025,000-1.4%vs last year
Median price / sqmAED 18,261-1.9%vs last year33% below the Downtown Dubai average
Sales recorded20.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 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

20K18K16K6Sep 24May 25Jan 26Aug 26
Sep 24 · 14K /sqmAug 26 · 18K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 1,025,000AED 18,261——
July 20262AED 745,000AED 17,903——
June 20262AED 1,075,000AED 14,198——
May 20261AED 1,260,000AED 16,555——
April 20260————
March 20261AED 2,250,000AED 16,063——

2.Recent saleslast 15 registered in Al NOUJOUM TOWER

DateUnitSize sqmPriceAED / sqmStatus
17 Aug 2026Studio42AED 900,000AED 21,413Ready
12 Aug 20261 bedroom76AED 1,150,000AED 15,110Ready
27 Jul 2026Studio41AED 740,000AED 17,957Ready
22 Jul 2026Studio42AED 750,000AED 17,849Ready
15 Jun 20261 bedroom76AED 1,100,000AED 14,453Ready
1 Jun 20261 bedroom75AED 1,050,000AED 13,942Ready
14 May 20261 bedroom76AED 1,260,000AED 16,555Ready
16 Mar 20262 bedrooms140AED 2,250,000AED 16,063Ready
25 Feb 20261 bedroom76AED 1,165,000AED 15,307Ready
17 Feb 20262 bedrooms140AED 2,237,709AED 15,976Ready
28 Jan 20261 bedroom76AED 1,150,000AED 15,110Ready
19 Jan 2026Studio41AED 850,000AED 20,626Ready
13 Jan 20262 bedrooms128AED 1,875,000AED 14,646Ready
12 Jan 20262 bedrooms128AED 1,850,000AED 14,451Ready
17 Dec 2025Studio42AED 850,000AED 20,071Ready

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 Al NOUJOUM TOWER 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