Community · #104 by 12M value
Culture Village
Market bulletin · Thu, 22 Oct 2026
Culture Village: 5 sales worth AED 8.69M in 30 days
Culture Village recorded 5 sales worth AED 8.69M in the 30 days to Thu, 22 Oct 2026, down 28.6% on the previous 30 days. Over the last week 4 sales were registered (AED 8.10M), against 0 the week before.
The median sale over the last three months was AED 1.51M, or AED 1,932/sqft. Monthly medians over the past year ranged from AED 1,708/sqft to AED 2,003/sqft.
By market over 12 months: developer off-plan sales 63%, off-plan resales 10.2%, secondary (ready) sales 26.8%. Off-plan resales traded at a median 5.4% discount to developer prices per sqft.
Binghatti Moonlight was the most active project by value over 12 months (151 sales, AED 270M), and Binghatti the leading developer with 55.2% of value.
Leases registered in the last three months had a median annual rent of AED 93K; like-for-like rent per sqft is up 12.7% on the previous three months. The best gross yield is on Studio apartments at about 5.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,690 |
| Sept 26 | AED 2,003 |
| Aug 26 | AED 1,976 |
| Jul 26 | AED 1,708 |
| Jun 26 | AED 1,902 |
| May 26 | AED 1,738 |
| Apr 26 | AED 1,893 |
| Mar 26 | AED 1,956 |
| Feb 26 | AED 1,780 |
| Jan 26 | AED 1,864 |
| Dec 25 | AED 1,934 |
| Nov 25 | AED 1,900 |
| Oct 25 | AED 1,889 |
| Sept 25 | AED 1,367 |
| Aug 25 | AED 1,761 |
| Jul 25 | AED 1,573 |
| Jun 25 | AED 1,793 |
| May 25 | AED 1,763 |
| Apr 25 | AED 1,484 |
| Mar 25 | AED 1,591 |
| Feb 25 | AED 1,598 |
| Jan 25 | AED 1,448 |
| Dec 24 | AED 1,662 |
| Nov 24 | AED 1,533 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | — | — | — |
| Sept 26 | — | — | — |
| Aug 26 | — | — | — |
| Jul 26 | — | — | — |
| Jun 26 | — | — | — |
| May 26 | — | — | — |
| Apr 26 | — | — | — |
| Mar 26 | — | — | — |
| Feb 26 | — | — | — |
| Jan 26 | — | AED 1,899 | AED 1,403 |
| Dec 25 | AED 1,990 | — | AED 1,327 |
| Nov 25 | AED 1,930 | — | — |
| Oct 25 | AED 1,925 | — | — |
| Sept 25 | — | — | AED 1,283 |
| Aug 25 | — | — | — |
| Jul 25 | — | — | AED 1,344 |
| Jun 25 | AED 2,039 | — | AED 1,440 |
| May 25 | AED 1,770 | — | AED 1,312 |
| Apr 25 | AED 1,596 | — | AED 1,375 |
| Mar 25 | AED 1,587 | — | AED 1,403 |
| Feb 25 | AED 1,620 | — | AED 1,319 |
| Jan 25 | — | — | AED 1,245 |
| Dec 24 | — | — | AED 1,727 |
| Nov 24 | AED 1,635 | — | AED 1,359 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 4 | 1 | 0 |
| Sept 26 | 0 | 2 | 3 |
| Aug 26 | 1 | 2 | 3 |
| Jul 26 | 2 | 5 | 6 |
| Jun 26 | 5 | 1 | 4 |
| May 26 | 0 | 0 | 5 |
| Apr 26 | 2 | 1 | 5 |
| Mar 26 | 6 | 0 | 6 |
| Feb 26 | 6 | 1 | 9 |
| Jan 26 | 6 | 10 | 10 |
| Dec 25 | 73 | 1 | 11 |
| Nov 25 | 38 | 2 | 5 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 5 | down 28.6% | AED 8.69M | 1,690 | down 18.4% |
| Last 3 months | 19 | down 29.6% | AED 32.4M | 1,932 | up 11.2% |
| Last 6 months | 46 | down 77.3% | AED 92.9M | 1,862 | down 2.9% |
| Last 12 months | 254 | down 54.2% | AED 491M | 1,907 | up 17.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 160 | 63% | AED 1.66M | 1,946 | up 14.4% |
| Off-plan resale | 26 | 10% | AED 1.35M | 1,840 | up 8.0% |
| Secondary (ready) | 68 | 27% | AED 2.00M | 1,688 | up 21.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 20 | 8% | AED 980K | 1,794 | down 9.2% |
| 1 bedroom | 116 | 46% | AED 1.51M | 1,918 | up 17.3% |
| 2 bedrooms | 98 | 39% | AED 2.10M | 1,989 | up 30.3% |
| 3 bedrooms | 19 | 7% | AED 3.37M | 1,764 | up 8.9% |
| 4 bedrooms | 1 | 0% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 156 | 61% | AED 1.51M | 1,907 | up 18.7% |
| AED 2M–10M | 97 | 38% | AED 2.23M | 1,897 | up 11.5% |
| AED 10M–50M | 1 | 0% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 93K |
| Sept 26 | AED 95K |
| Aug 26 | AED 95K |
| Jul 26 | AED 80K |
| Jun 26 | AED 89K |
| May 26 | AED 100K |
| Apr 26 | AED 89K |
| Mar 26 | AED 93K |
| Feb 26 | AED 98K |
| Jan 26 | AED 90K |
| Dec 25 | AED 102K |
| Nov 25 | AED 102K |
| Oct 25 | AED 93K |
| Sept 25 | AED 96K |
| Aug 25 | AED 90K |
| Jul 25 | AED 85K |
| Jun 25 | AED 90K |
| May 25 | AED 80K |
| Apr 25 | AED 113K |
| Mar 25 | AED 85K |
| Feb 25 | AED 96K |
| Jan 25 | AED 80K |
| Dec 24 | AED 97K |
| Nov 24 | AED 103K |
- Leases (12M)
- 1,153
- New leases
- 40.8%
- Median rent 3M
- AED 93K
- Rent/sqft 3M
- AED 78
| Studio apartments | AED 58K / AED 1.02M | 5.7% |
|---|---|---|
| 1 BR apartments | AED 70K / AED 1.34M | 5.2% |
| 2 BR apartments | AED 105K / AED 2.50M | 4.2% |
| 3 BR apartments | AED 165K / AED 3.44M | 4.8% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 107 | AED 58K | AED 60K | 87 |
| 1 BR | 330 | AED 70K | AED 78K | 77 |
| 2 BR | 297 | AED 105K | AED 114K | 72 |
| 3 BR | 157 | AED 165K | AED 190K | 73 |
| 4 BR | 11 | AED 350K | — | 86 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti MoonlightCulture Village | 151 | — | — |
| Palazzo VersaceCulture Village | 10 | — | — |
| D1 TowerCulture Village | 20 | — | — |
| Dubai Wharf Tower 2Culture Village | 15 | — | — |
| Art Bay WestCulture Village | 5 | — | — |
| Volna by KascoCulture Village | 9 | 2,071 | — |
| VAL BY KASCOCulture Village | 7 | — | — |
| Boutique 23Culture Village | 11 | — | — |
| Riah TowerCulture Village | 6 | — | — |
| Creek Views by IrazCulture Village | 5 | — | — |
| Sol Amber (Iris Amber)Culture Village | 7 | — | — |
| Dubai Wharf Tower 3Culture Village | 3 | — | — |
| Art Bay EastCulture Village | 1 | — | — |
| The Pearl Culture VillageCulture Village | 1 | — | — |
Developers in Culture Village
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Binghatti | 151 | 1,964 | 55.2% |
| Enshaa PSC | 30 | 1,834 | 20.6% |
| Dubai Properties | 18 | 1,393 | 6.8% |
| KASCO Properties | 16 | 1,952 | 5.3% |
| Ellington Properties Development | 6 | 1,779 | 3.5% |
| LMD Continental Investments | 11 | 1,806 | 2.1% |
| Arra | 6 | 1,137 | 2.1% |
| Iraz Real Estate Development | 5 | 1,587 | 2% |
| SOL Properties | 7 | 1,511 | 1.7% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Jebel Ali Village | 532 | 1,737 | up 17.8% |
| Motor City | 55 | 1,878 | — |
| The Heights | 487 | 2,013 | up 2.2% |
| Al Yelayis 5 | 215 | 1,939 | — |
| Al Yufrah 1 | 58 | 1,875 | — |
| Sobha Sanctuary | 240 | 1,875 | — |
| Arabian Ranches Phase 2 | 67 | 1,876 | — |
| The Acres | 74 | 1,673 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.37M | 3 BR Apartment · 1,867 sqftArt Bay West | 28 Jul |
| AED 2.93M | 3 BR Apartment · 1,516 sqftVolna by Kasco | 30 Jul |
| AED 2.85M | 2 BR Apartment · 1,690 sqftVAL BY KASCO | 16 Oct |
| AED 2.48M | 2 BR Apartment · 1,361 sqftDubai Wharf Tower 2 | 28 Jul |
| AED 2.28M | 2 BR Apartment · 1,124 sqftCreek Views by Iraz | 20 Oct |
| AED 2.07M | 2 BR Apartment · 992 sqftVolna by Kasco | 10 Sept |
Questions about Culture Village
What is the average price per sqft in Culture Village?
The median sale price in Culture Village over the last three months was AED 1,932 per sqft (median sale AED 1.51M), based on 19 sales registered with Dubai Land Department.
How many properties were sold in Culture Village in the last year?
254 sales worth AED 491M were registered in the last 12 months: 63% developer off-plan, 10% off-plan resales and 27% secondary (ready) sales.
What is the average rent in Culture Village?
The median annual rent on leases registered in the last three months was AED 93K, and the best gross rental yield is about 5.7%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.