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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Lake Towers · August 2026

Mercer House North 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-B9128-202608

Key takeaways

  • Median price for apartments: AED 2,567,828 (AED 29,232 per sqm), down 2.1% year on year.
  • Per sqm, apartments here are 23% above the Jumeirah Lake Towers average of AED 23,765 (sales-weighted across areas).
  • 2 sales recorded in August 2026, broadly level with a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 2,567,828-36.1%vs last year
Median price / sqmAED 29,232-2.1%vs last year23% above the Jumeirah Lake Towers average
Sales recorded20.0%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

29K28K27K56Sep 24May 25Jan 26Aug 26
Sep 24 · 28K /sqmAug 26 · 29K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 2,567,828AED 29,232——
July 20263AED 4,125,828AED 30,127——
June 20264AED 2,717,328AED 26,666——
May 20260————
April 20264AED 2,364,828AED 26,708——
March 20261AED 4,490,828AED 28,765——

2.Recent saleslast 15 registered in Mercer House North Tower

DateUnitSize sqmPriceAED / sqmStatus
21 Aug 2026Studio48AED 1,603,828AED 33,274Off-plan
20 Aug 20261 bedroom89AED 2,695,828AED 30,317Off-plan
5 Aug 20261 bedroom87AED 2,439,828AED 28,148Off-plan
29 Jul 20262 bedrooms148AED 4,739,828AED 32,076Off-plan
23 Jul 20261 bedroom87AED 2,733,828AED 31,594Off-plan
20 Jul 20261 bedroom87AED 2,784,828AED 31,896Off-plan
16 Jul 20263 bedrooms198AED 5,971,828AED 30,127Off-plan
6 Jul 20262 bedrooms148AED 4,125,828AED 27,896Off-plan
15 Jun 2026Studio51AED 1,406,828AED 27,354Off-plan
15 Jun 20262 bedrooms137AED 4,009,828AED 29,216Off-plan
15 Jun 2026Studio55AED 1,424,828AED 25,977Off-plan
15 Jun 20263 bedrooms239AED 5,921,828AED 24,797Off-plan
24 Apr 20261 bedroom87AED 2,117,828AED 24,256Off-plan
23 Apr 20261 bedroom87AED 2,358,828AED 27,017Off-plan
22 Apr 20261 bedroom87AED 2,370,828AED 27,352Off-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 Mercer House North 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