Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Community market report · Hadaeq Sheikh Mohammed Bin Rashid · August 2026
HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
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-P55-202608
Compare HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7 with another market
Key takeaways
- Median price for apartments: AED 1,210,000 (AED 16,358 per sqm), down 15.7% year on year.
- Per sqm, apartments here are 11% below the Dubai median of AED 18,311 (every registered sale in Dubai that month).
- 3 sales recorded in August 2026, down 57% from a year earlier.
- Villas & Townhouses: median AED 2,855,000 across 2 sales.
1.Apartments3 sales · August 2026
Small sample: medians for August 2026 are based on only 3 recorded sales and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 3 | AED 1,210,000 | AED 16,358 | — | — |
| July 2026 | 5 | AED 700,000 | AED 18,378 | — | — |
| June 2026 | 6 | AED 1,115,000 | AED 17,052 | — | — |
| May 2026 | 1 | AED 800,000 | AED 22,222 | — | — |
| April 2026 | 6 | AED 880,000 | AED 17,058 | — | — |
| March 2026 | 1 | AED 780,000 | AED 20,181 | — | — |
2.Villas & Townhouses2 sales · August 2026
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
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 2 | AED 2,855,000 | AED 23,739 | — | — |
| July 2026 | 1 | AED 3,550,000 | AED 27,460 | — | — |
| June 2026 | 2 | AED 3,425,000 | AED 25,478 | — | — |
| May 2026 | 3 | AED 3,575,000 | AED 26,245 | — | — |
| April 2026 | 2 | AED 1,887,250 | AED 19,759 | — | — |
| March 2026 | 4 | AED 3,600,000 | AED 27,582 | — | — |
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.