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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Community market report · Downtown Dubai · August 2026

DownTown Dubai

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-P23-202608

Compare DownTown Dubai with another market

Key takeaways

  • Median price for apartments: AED 3,075,000 (AED 27,377 per sqm), down 13.7% year on year.
  • Per sqm, apartments here are 50% above the Dubai median of AED 18,311 (every registered sale in Dubai that month).
  • 136 sales recorded in August 2026, down 31% from a year earlier.
  • 17% of the apartments sold in August 2026 were off-plan; ready homes traded at AED 26,134 per sqm against AED 36,394 off-plan.
  • New rental contracts at a median AED 122,500 per year, an estimated 4.0% gross yield.

1.Apartments136 sales · August 2026

Median sale priceAED 3,075,000-6.0%vs last year
Median price / sqmAED 27,377-13.7%vs last year50% above the Dubai median
Sales recorded136-31.3%vs last year
Median annual rentAED 122,500-41.7%new contracts
Gross yield4.0%rent ÷ price
Off-plan share of sales17%23 of 136
Off-plan median / sqmAED 36,39423 sales
Ready median / sqmAED 26,134113 sales

Sale price per sqm and monthly sales · 24 months

37K34K30K426Sep 24May 25Jan 26Aug 26
Sep 24 · 30K /sqmAug 26 · 27K /sqm · 136 sales

Median annual rent and new contracts · 24 months

188K166K144K26Sep 24May 25Jan 26Aug 26
Sep 24 · 140K /yrAug 26 · 123K /yr · 10 new contracts

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 2026136AED 3,075,000AED 27,377AED 122,5004.0%
July 2026152AED 2,574,444AED 26,594AED 165,0006.4%
June 2026123AED 2,775,000AED 27,397AED 125,0004.5%
May 2026104AED 2,981,949AED 27,469AED 130,0004.4%
April 2026117AED 3,000,000AED 29,076AED 142,5004.8%
March 2026126AED 2,932,500AED 29,545AED 130,0004.4%

2.Most-traded buildingsin DownTown Dubai, last 3 months · each links to its own report

BuildingSales · 3 mo
  1. 1Burj Khalifa28
  2. 2Imperial Avenue17
  3. 3The St. Regis Residences - Tower 114
  4. 4Mercedes-Benz Places/Binghatti13
  5. 5Burj Crown13
  6. 6City Center Residences13
  7. 7Burj Royale11
  8. 8Binghatti Skyblade10
  9. 9Solara Tower Dubai10
  10. 10Inaura Hotels & Residences10

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