Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Dubai Marina · July 2026

Damac Heights

Source: Dubai Land Department open data · Sales through August 20, 2026 · Rents through August 23, 2026

Period covered: Aug 24 to Jul 26 · Ref AR-B996-202607

Key takeaways

  • Median price for apartments: AED 3,112,500 (AED 21,281 per sqm), down 12.0% year on year.
  • 4 sales recorded in July 2026, broadly level with a year earlier.
  • New rental contracts at a median AED 105,000 per year, an estimated 3.4% gross yield.

1.Apartments4 sales · July 2026

Median sale priceAED 3,112,500+23.6%vs last year
Median price / sqmAED 21,281-12.0%vs last year
Sales recorded40.0%vs last year
Median annual rentAED 105,000-39.3%new contracts
Gross yield3.4%rent ÷ price

Small sample: medians for July 2026 are based on only 4 recorded sales and can swing month to month.

Sale price per sqm · 24 months

Aug 24 · 24K /sqmlow 17K · high 24KJul 26 · 21K /sqm

Monthly sales

12
Aug 24Jul 26 · 4 sales

Median annual rent · 24 months

Aug 24 · 120K /yrlow 105K · high 250KJul 26 · 105K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 20264AED 3,112,500AED 21,281AED 105,0003.4%
June 20264AED 2,980,000AED 22,447
May 20262AED 1,682,500AED 20,811AED 205,00012.2%
April 20264AED 2,950,000AED 23,127
March 20265AED 2,125,000AED 24,052AED 170,0008.0%
February 20264AED 3,050,000AED 22,441

2.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 August 20, 2026, rents through August 23, 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 ten sales are flagged.

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.