BT indices · Thu, 22 Oct 2026
Community · #24 by 12M value
Market bulletin · Thu, 22 Oct 2026
Damac Lagoons recorded 245 sales worth AED 455M in the 30 days to Thu, 22 Oct 2026, up 71.3% on the previous 30 days. Over the last week 84 sales were registered (AED 164M), against 33 the week before.
The median sale over the last three months was AED 1.31M, or AED 1,566/sqft — like-for-like prices per sqft down 1.1% on the previous three months and up 1.5% on a year earlier. Monthly medians over the past year ranged from AED 1,283/sqft to AED 1,871/sqft.
By market over 12 months: developer off-plan sales 59.6%, off-plan resales 24.7%, secondary (ready) sales 15.7%. Off-plan resales traded at a median 33.1% discount to developer prices per sqft.
Venice 1 was the most active project by value over 12 months (39 sales, AED 374M), and Damac Properties the leading developer with 100% of value.
Leases registered in the last three months had a median annual rent of AED 145K; like-for-like rent per sqft is flat on the previous three months. The best gross yield is on 3 BR villas & townhouses at about 5.4%.
Median AED/sqft
Monthly median of all registered sales
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,620 |
| Sept 26 | AED 1,565 |
| Aug 26 | AED 1,503 |
| Jul 26 | AED 1,575 |
| Jun 26 | AED 1,658 |
| May 26 | AED 1,686 |
| Apr 26 | AED 1,871 |
| Mar 26 | AED 1,701 |
| Feb 26 | AED 1,335 |
| Jan 26 | AED 1,342 |
| Dec 25 | AED 1,284 |
| Nov 25 | AED 1,283 |
| Oct 25 | AED 1,364 |
| Sept 25 | AED 1,295 |
| Aug 25 | AED 1,105 |
| Jul 25 | AED 1,354 |
| Jun 25 | AED 1,387 |
| May 25 | AED 1,349 |
| Apr 25 | AED 1,082 |
| Mar 25 | AED 1,055 |
| Feb 25 | AED 1,347 |
| Jan 25 | AED 1,303 |
| Dec 24 | AED 1,210 |
| Nov 24 | AED 1,193 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | AED 1,790 | AED 1,234 | AED 1,200 |
| Sept 26 | AED 1,715 | AED 1,210 | AED 1,213 |
| Aug 26 | AED 1,645 | AED 1,084 | AED 1,248 |
| Jul 26 | AED 1,665 | AED 1,181 | AED 1,153 |
| Jun 26 | AED 1,830 | AED 1,079 | AED 1,144 |
| May 26 | AED 1,838 | AED 1,050 | AED 1,136 |
| Apr 26 | AED 1,901 | AED 1,506 | AED 1,301 |
| Mar 26 | AED 1,898 | AED 1,400 | — |
| Feb 26 | AED 1,726 | AED 1,231 | — |
| Jan 26 | AED 1,716 | AED 1,268 | AED 1,369 |
| Dec 25 | AED 1,640 | AED 1,170 | — |
| Nov 25 | AED 1,666 | AED 1,155 | — |
| Oct 25 | AED 1,742 | AED 1,163 | AED 1,302 |
| Sept 25 | AED 1,715 | AED 1,131 | AED 1,036 |
| Aug 25 | AED 1,341 | AED 1,102 | AED 1,043 |
| Jul 25 | AED 1,692 | AED 1,119 | AED 992 |
| Jun 25 | AED 1,675 | AED 1,097 | — |
| May 25 | AED 1,556 | AED 1,058 | — |
| Apr 25 | AED 1,596 | AED 1,055 | AED 822 |
| Mar 25 | AED 1,389 | AED 1,055 | AED 869 |
| Feb 25 | AED 1,574 | AED 1,012 | AED 401 |
| Jan 25 | AED 1,653 | AED 989 | AED 388 |
| Dec 24 | AED 1,692 | AED 986 | AED 904 |
| Nov 24 | AED 1,363 | AED 1,143 | AED 857 |
Sales per month
Registered sales by market
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 112 | 16 | 43 |
| Sept 26 | 114 | 21 | 56 |
| Aug 26 | 77 | 16 | 33 |
| Jul 26 | 109 | 24 | 47 |
| Jun 26 | 131 | 40 | 39 |
| May 26 | 105 | 24 | 19 |
| Apr 26 | 381 | 50 | 18 |
| Mar 26 | 37 | 29 | 9 |
| Feb 26 | 18 | 55 | 9 |
| Jan 26 | 20 | 70 | 19 |
| Dec 25 | 22 | 57 | 7 |
| Nov 25 | 50 | 85 | 7 |
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 | 245 | up 71.3% | AED 455M | 1,590 | up 2.6% |
| Last 3 months | 524 | down 5.6% | AED 990M | 1,566 | down 5.7% |
| Last 6 months | 1,079 | up 18.1% | AED 1.99B | 1,618 | down 1.9% |
| Last 12 months | 2,006 | down 15.9% | AED 4.13B | 1,636 | up 26.7% |
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) | 1,196 | 60% | AED 1.15M | 1,786 | up 8.5% |
| Off-plan resale | 496 | 25% | AED 2.72M | 1,195 | up 10.9% |
| Secondary (ready) | 314 | 16% | AED 3.00M | 1,216 | up 25.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 606 | 30% | AED 731K | 1,902 | — |
| 1 bedroom | 475 | 24% | AED 1.26M | 1,665 | down 2.9% |
| 2 bedrooms | 149 | 7% | AED 1.83M | 1,556 | down 8.8% |
| 3 bedrooms | 56 | 3% | AED 2.54M | 1,244 | up 11.8% |
| 4 bedrooms | 416 | 21% | AED 2.65M | 1,176 | up 8.9% |
| 5+ bedrooms | 304 | 15% | AED 3.85M | 1,233 | up 5.0% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 1,230 | 61% | AED 1.12M | 1,792 | up 4.5% |
| Villas | 776 | 39% | AED 2.95M | 1,199 | up 9.1% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1,199 | 60% | AED 803K | 1,792 | up 6.9% |
| AED 2M–10M | 782 | 39% | AED 2.88M | 1,212 | up 7.0% |
| AED 10M–50M | 25 | 1% | AED 12.9M | 1,212 | up 1.4% |
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
| Date | Annual rent |
|---|---|
| Oct 26 | AED 145K |
| Sept 26 | AED 145K |
| Aug 26 | AED 150K |
| Jul 26 | AED 145K |
| Jun 26 | AED 145K |
| May 26 | AED 150K |
| Apr 26 | AED 168K |
| Mar 26 | AED 178K |
| Feb 26 | AED 163K |
| Jan 26 | AED 170K |
| Dec 25 | AED 173K |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| 3 BR villas & townhouses | AED 140K / AED 2.58M | 5.4% |
|---|---|---|
| 4 BR villas & townhouses | AED 145K / AED 2.70M | 5.4% |
| 5+ BR villas & townhouses | AED 190K / AED 3.80M | 5.0% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 3 BR | 111 | AED 140K | AED 140K | 68 |
| 4 BR | 410 | AED 145K | AED 145K | 65 |
| 5+ BR | 158 | AED 190K | AED 190K | 61 |
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Venice 1Damac Lagoons | 39 | 1,362 | — |
| PortofinoDamac Lagoons | 97 | 1,205 | up 4.6% |
| Valencia Tower B at Damac LagoonsDamac Lagoons | 250 | 1,630 | down 2.6% |
| Costa Brava 1Damac Lagoons | 65 | 1,291 | up 7.8% |
| Valencia Tower A at Damac LagoonsDamac Lagoons | 227 | 1,599 | down 3.2% |
| Santorini 1Damac Lagoons | 70 | 1,226 | — |
| Valencia Tower D at Damac LagoonsDamac Lagoons | 195 | 1,636 | down 4.2% |
| Malta 1Damac Lagoons | 65 | 1,161 | up 8.2% |
| Costa Brava 2Damac Lagoons | 63 | 1,213 | — |
| Nice 1Damac Lagoons | 54 | 1,200 | — |
| Lagoon Views 13 BDamac Lagoons | 160 | 1,647 | down 3.0% |
| IbizaDamac Lagoons | 58 | 1,012 | down 2.3% |
| Santorini 2Damac Lagoons | 46 | — | — |
| Valencia Tower C at Damac LagoonsDamac Lagoons | 143 | 1,590 | down 3.9% |
| Malta 2Damac Lagoons | 42 | 1,191 | up 8.5% |
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Damac Properties | 2,006 | 1,636 | 100% |
Communities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Jebel Ali Downtown | 1,547 | 1,698 | up 1.7% |
| Athlon by Aldar | 745 | 1,522 | up 0.6% |
| Jumeirah Village Triangle | 3,229 | 1,609 | down 2.1% |
| City of Arabia | 2,159 | 1,693 | up 2.1% |
| Falcon City of Wonders | 316 | 1,469 | down 8.6% |
| Emaar South | 1,101 | 1,695 | up 3.2% |
| Wasl Gate | 510 | 1,689 | up 0.7% |
| Jumeirah Lake Towers | 1,286 | 1,582 | up 12.1% |
| Price | Property | Date |
|---|---|---|
| AED 10.0M | 5+ BR Villa · 7,206 sqftPortofino | 20 Aug |
| AED 9.60M | 5+ BR Villa · 7,206 sqftPortofino | 20 Aug |
| AED 9.00M | 5+ BR Villa · 7,206 sqftPortofino | 17 Aug |
| AED 9.00M | 5+ BR Villa · 7,206 sqftPortofino | 7 Oct |
| AED 8.00M | 5+ BR Villa · 4,972 sqftCosta Brava 1 | 21 Sept |
| AED 8.00M | 5+ BR Villa · 4,972 sqftCosta Brava 1 | 14 Oct |
Dubai property registrations totaled AED 978m on 22 October 2026 across 484 sales transactions, driven by strong off-plan activity in Damac Lagoons and Dubai Hills Estate.
The median sale price in Damac Lagoons over the last three months was AED 1,566 per sqft (median sale AED 1.31M), based on 524 sales registered with Dubai Land Department.
Like-for-like prices per sqft are up 1.5% on a year earlier and down 1.1% on the previous three months.
2,006 sales worth AED 4.13B were registered in the last 12 months: 60% developer off-plan, 25% off-plan resales and 16% secondary (ready) sales.
The median annual rent on leases registered in the last three months was AED 145K, and the best gross rental yield is about 5.4%.
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.
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