Community · #38 by 12M value
District One
Market bulletin · Thu, 22 Oct 2026
District One: median AED 1,996/sqft, up 4.7% over three months on 33 sales
District One recorded 12 sales worth AED 133M in the 30 days to Thu, 22 Oct 2026, up 33.3% on the previous 30 days. Over the last week 6 sales were registered (AED 36.9M), against 1 the week before.
The median sale over the last three months was AED 2.55M, or AED 1,996/sqft — like-for-like prices per sqft up 4.7% on the previous three months and down 9.0% on a year earlier. Monthly medians over the past year ranged from AED 1,829/sqft to AED 2,446/sqft.
By market over 12 months: developer off-plan sales 4.2%, off-plan resales 16%, secondary (ready) sales 79.8%. Off-plan resales traded at a median 4.4% discount to developer prices per sqft.
District One West Villas Phase 1 was the most active project by value over 12 months (28 sales, AED 577M), and Meydan Sobha the leading developer with 57.8% of value.
Leases registered in the last three months had a median annual rent of AED 120K; like-for-like rent per sqft is down 10.4% on the previous three months. The best gross yield is on 3 BR apartments at about 6.6%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 2,303 |
| Sept 26 | AED 1,919 |
| Aug 26 | AED 1,991 |
| Jul 26 | AED 1,957 |
| Jun 26 | AED 2,302 |
| May 26 | AED 1,829 |
| Apr 26 | AED 2,353 |
| Mar 26 | AED 2,082 |
| Feb 26 | AED 2,392 |
| Jan 26 | AED 2,446 |
| Dec 25 | AED 2,378 |
| Nov 25 | AED 2,373 |
| Oct 25 | AED 2,235 |
| Sept 25 | AED 2,179 |
| Aug 25 | AED 2,066 |
| Jul 25 | AED 2,188 |
| Jun 25 | AED 2,302 |
| May 25 | AED 2,110 |
| Apr 25 | AED 2,082 |
| Mar 25 | AED 2,174 |
| Feb 25 | AED 2,210 |
| Jan 25 | AED 2,093 |
| Dec 24 | AED 2,164 |
| Nov 24 | AED 2,095 |
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 | — | — | AED 1,978 |
| Jul 26 | — | — | AED 1,914 |
| Jun 26 | — | — | AED 2,217 |
| May 26 | — | — | AED 1,829 |
| Apr 26 | — | — | AED 2,353 |
| Mar 26 | — | — | — |
| Feb 26 | — | — | AED 2,407 |
| Jan 26 | — | — | AED 2,446 |
| Dec 25 | — | — | AED 2,385 |
| Nov 25 | — | — | AED 2,346 |
| Oct 25 | — | — | AED 2,302 |
| Sept 25 | — | — | AED 2,182 |
| Aug 25 | — | — | AED 2,039 |
| Jul 25 | — | — | AED 2,178 |
| Jun 25 | AED 2,333 | — | AED 2,295 |
| May 25 | AED 2,107 | — | AED 2,116 |
| Apr 25 | — | — | AED 2,031 |
| Mar 25 | — | — | AED 2,178 |
| Feb 25 | AED 2,091 | — | AED 2,230 |
| Jan 25 | AED 2,341 | — | AED 2,020 |
| Dec 24 | — | — | AED 2,222 |
| Nov 24 | AED 2,108 | — | AED 2,075 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 2 | 7 |
| Sept 26 | 0 | 2 | 6 |
| Aug 26 | 0 | 4 | 10 |
| Jul 26 | 0 | 2 | 11 |
| Jun 26 | 0 | 3 | 10 |
| May 26 | 1 | 1 | 39 |
| Apr 26 | 1 | 7 | 10 |
| Mar 26 | 1 | 3 | 8 |
| Feb 26 | 2 | 5 | 16 |
| Jan 26 | 3 | 5 | 24 |
| Dec 25 | 0 | 2 | 20 |
| Nov 25 | 3 | 6 | 39 |
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 | 12 | up 33.3% | AED 133M | 2,212 | up 15.9% |
| Last 3 months | 33 | down 51.5% | AED 372M | 1,996 | up 4.1% |
| Last 6 months | 101 | down 35.7% | AED 821M | 1,956 | down 18.0% |
| Last 12 months | 262 | down 62.5% | AED 2.60B | 2,216 | up 3.1% |
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) | 11 | 4% | AED 17.5M | 2,423 | up 9.5% |
| Off-plan resale | 42 | 16% | AED 13.9M | 2,317 | up 11.1% |
| Secondary (ready) | 209 | 80% | AED 2.02M | 2,178 | up 1.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 1% | — | — | — |
| 1 bedroom | 110 | 43% | AED 1.58M | 1,987 | down 2.8% |
| 2 bedrooms | 32 | 13% | AED 2.67M | 2,079 | up 0.5% |
| 3 bedrooms | 15 | 6% | AED 3.95M | 2,384 | up 21.4% |
| 4 bedrooms | 44 | 17% | AED 13.8M | 2,392 | up 13.4% |
| 5+ bedrooms | 49 | 19% | AED 21.5M | 2,843 | up 11.6% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 166 | 63% | AED 1.78M | 2,055 | unchanged 0.0% |
| Villas | 87 | 33% | AED 17.5M | 2,645 | up 13.8% |
| Plots | 9 | 3% | AED 22.1M | 2,938 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 101 | 39% | AED 1.52M | 1,964 | down 0.6% |
| AED 2M–10M | 70 | 27% | AED 3.01M | 2,285 | up 8.4% |
| AED 10M–50M | 84 | 32% | AED 17.9M | 2,665 | up 13.7% |
| AED 50M+ | 7 | 3% | AED 54.5M | 3,167 | down 17.9% |
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 120K |
| Sept 26 | AED 125K |
| Aug 26 | AED 115K |
| Jul 26 | AED 145K |
| Jun 26 | AED 145K |
| May 26 | AED 120K |
| Apr 26 | AED 120K |
| Mar 26 | AED 165K |
| Feb 26 | AED 153K |
| Jan 26 | AED 118K |
| Dec 25 | AED 125K |
| Nov 25 | AED 123K |
| Oct 25 | AED 120K |
| Sept 25 | AED 130K |
| Aug 25 | AED 140K |
| Jul 25 | AED 120K |
| Jun 25 | AED 150K |
| May 25 | AED 125K |
| Apr 25 | AED 120K |
| Mar 25 | AED 125K |
| Feb 25 | AED 200K |
| Jan 25 | AED 125K |
| Dec 24 | AED 125K |
| Nov 24 | AED 130K |
- Leases (12M)
- 1,512
- New leases
- 69.1%
- Median rent 3M
- AED 120K
- Rent/sqft 3M
- AED 117
| 1 BR apartments | AED 100K / AED 1.57M | 6.4% |
|---|---|---|
| 2 BR apartments | AED 162K / AED 2.60M | 6.2% |
| 3 BR apartments | AED 260K / AED 3.95M | 6.6% |
| 4 BR villas & townhouses | AED 710K / AED 15.2M | 4.7% |
| 5+ BR villas & townhouses | AED 1.30M / AED 24.2M | 5.4% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 608 | AED 100K | AED 100K | 128 |
| 2 BR | 186 | AED 162K | AED 157K | 127 |
| 3 BR | 54 | AED 260K | AED 250K | 130 |
| 4 BR | 128 | AED 705K | AED 650K | 140 |
| 5+ BR | 123 | AED 1.25M | AED 1.30M | 163 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| District One West Villas Phase 1District One | 28 | 2,212 | — |
| District One Villas Phase 3 - B VillasDistrict One | 20 | — | — |
| District One Villas - Cluster BDistrict One | 7 | — | — |
| District One Villas - MBR City District One Phase 1 & 2District One | 8 | — | — |
| District One West Villas Phase 2District One | 16 | — | — |
| District One Villas - Cluster CDistrict One | 4 | — | — |
| Lagoon Views at District OneDistrict One | 9 | — | — |
| District One Extension Villas - MBR City District OneDistrict One | 4 | — | — |
| District One Residences 26District One | 31 | — | — |
| Kensington Waters ADistrict One | 26 | — | — |
| District One Villas - Cluster MDistrict One | 1 | — | — |
| District One Villas - Cluster DDistrict One | 2 | — | — |
| Kensington Waters BDistrict One | 11 | — | — |
| District One Villas Phase 3 - C VillasDistrict One | 3 | — | — |
| District One Residences 15District One | 10 | — | — |
Developers in District One
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Meydan Sobha | 56 | 2,724 | 57.8% |
| District One | 144 | 2,048 | 29.1% |
| Nakheel | 25 | 2,280 | 10.1% |
| Ellington Properties Development | 37 | 2,216 | 3% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Al Kifaf | 288 | 2,225 | up 1.9% |
| Arabian Ranches | 224 | 2,193 | down 1.1% |
| Jumeirah Park | 113 | 2,123 | down 4.2% |
| The Springs | 277 | 2,155 | down 3.6% |
| Al Satwa | 253 | 1,737 | — |
| Horizon | 932 | 2,376 | down 2.2% |
| Ras Al Khor Industrial First | 156 | 2,270 | down 1.5% |
| Victory Heights | 65 | 2,265 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 160M | 5+ BR Villa · 8,704 sqftDistrict One Villas - Cluster B | 25 Aug |
| AED 24.9M | 5+ BR Villa · 7,891 sqftDistrict One Villas - Cluster C | 6 Oct |
| AED 21.0M | 5+ BR Villa · 6,860 sqftDistrict One West Villas Phase 1 | 9 Oct |
| AED 18.0M | 4 BR Villa · 6,223 sqftDistrict One Villas Phase 3 - B Villas | 22 Oct |
| AED 17.9M | 5+ BR Villa · 7,772 sqftDistrict One West Villas Phase 1 | 8 Oct |
| AED 16.8M | 5+ BR Villa · 7,544 sqftDistrict One West Villas Phase 1 | 24 Sept |
Questions about District One
What is the average price per sqft in District One?
The median sale price in District One over the last three months was AED 1,996 per sqft (median sale AED 2.55M), based on 33 sales registered with Dubai Land Department.
Are property prices in District One going up?
Like-for-like prices per sqft are down 9.0% on a year earlier and up 4.7% on the previous three months.
How many properties were sold in District One in the last year?
262 sales worth AED 2.60B were registered in the last 12 months: 4% developer off-plan, 16% off-plan resales and 80% secondary (ready) sales.
What is the average rent in District One?
The median annual rent on leases registered in the last three months was AED 120K, and the best gross rental yield is about 6.6%.
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.