Community · #100 by 12M value
Falcon City of Wonders
Market bulletin · Thu, 22 Oct 2026
Falcon City of Wonders: median AED 1,469/sqft, down 8.6% over three months on 46 sales
Falcon City of Wonders recorded 5 sales worth AED 6.23M in the 30 days to Thu, 22 Oct 2026, down 86.1% on the previous 30 days. Over the last week 1 sale was registered (AED 1.06M), against 0 the week before.
The median sale over the last three months was AED 1.27M, or AED 1,469/sqft — like-for-like prices per sqft down 8.6% on the previous three months and down 10.4% on a year earlier. Monthly medians over the past year ranged from AED 1,453/sqft to AED 1,817/sqft.
By market over 12 months: developer off-plan sales 90.2%, off-plan resales 3.5%, secondary (ready) sales 6.3%. Off-plan resales traded at a median 0.3% discount to developer prices per sqft.
Sakura Gardens Tower D was the most active project by value over 12 months (107 sales, AED 127M), and Ellington Properties Development the leading developer with 43.9% of value.
Leases registered in the last three months had a median annual rent of AED 220K. The best gross yield is on 3 BR villas & townhouses at about 4.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 1,463 |
| Aug 26 | AED 1,453 |
| Jul 26 | AED 1,817 |
| Jun 26 | AED 1,522 |
| May 26 | AED 1,593 |
| Apr 26 | AED 1,616 |
| Mar 26 | AED 1,587 |
| Feb 26 | AED 1,614 |
| Jan 26 | AED 1,614 |
| Dec 25 | AED 1,567 |
| Nov 25 | AED 1,611 |
| Oct 25 | AED 1,587 |
| Sept 25 | AED 1,573 |
| Aug 25 | AED 1,586 |
| Jul 25 | AED 1,599 |
| Jun 25 | AED 1,572 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 2 | 1 | 0 |
| Sept 26 | 36 | 1 | 0 |
| Aug 26 | 2 | 1 | 3 |
| Jul 26 | 7 | 1 | 2 |
| Jun 26 | 49 | 1 | 2 |
| May 26 | 9 | 0 | 4 |
| Apr 26 | 31 | 3 | 2 |
| Mar 26 | 10 | 0 | 0 |
| Feb 26 | 15 | 3 | 2 |
| Jan 26 | 50 | 0 | 1 |
| Dec 25 | 16 | 0 | 2 |
| Nov 25 | 39 | 0 | 1 |
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 86.1% | AED 6.23M | 1,434 | down 2.4% |
| Last 3 months | 46 | down 38.7% | AED 70.1M | 1,469 | down 6.5% |
| Last 6 months | 121 | down 35.3% | AED 207M | 1,520 | down 5.6% |
| Last 12 months | 316 | down 27.4% | AED 552M | 1,599 | up 0.9% |
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) | 285 | 90% | AED 1.38M | 1,604 | up 0.9% |
| Off-plan resale | 11 | 3% | AED 1.39M | 1,599 | — |
| Secondary (ready) | 20 | 6% | AED 4.97M | 1,134 | down 1.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 65 | 21% | AED 874K | 1,885 | up 5.6% |
| 1 bedroom | 126 | 40% | AED 1.32M | 1,599 | down 2.2% |
| 2 bedrooms | 87 | 28% | AED 1.85M | 1,571 | up 0.3% |
| 3 bedrooms | 25 | 8% | AED 2.80M | 1,551 | down 0.3% |
| 4 bedrooms | 8 | 3% | AED 6.00M | 1,130 | down 4.7% |
| 5+ bedrooms | 5 | 2% | AED 5.45M | 1,033 | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 296 | 94% | AED 1.38M | 1,604 | up 1.1% |
| Villas | 20 | 6% | AED 4.97M | 1,134 | down 1.6% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 248 | 78% | AED 1.32M | 1,611 | up 1.4% |
| AED 2M–10M | 68 | 22% | AED 2.67M | 1,506 | down 4.1% |
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 220K |
| Sept 26 | AED 210K |
| Aug 26 | AED 200K |
| Jul 26 | AED 214K |
| Jun 26 | AED 220K |
| May 26 | — |
| Apr 26 | AED 200K |
| Mar 26 | — |
| Feb 26 | AED 180K |
| Jan 26 | AED 204K |
| Dec 25 | AED 225K |
| Nov 25 | AED 220K |
| Oct 25 | AED 200K |
| Sept 25 | AED 200K |
| Aug 25 | AED 198K |
| Jul 25 | AED 220K |
| Jun 25 | — |
- Leases (12M)
- 181
- New leases
- 43.1%
- Median rent 3M
- AED 220K
- Rent/sqft 3M
- AED 52
| 3 BR villas & townhouses | AED 190K / AED 4.05M | 4.7% |
|---|---|---|
| 4 BR villas & townhouses | AED 215K / AED 6.00M | 3.6% |
| 5+ BR villas & townhouses | AED 250K / AED 5.45M | 4.6% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 2 BR | 14 | AED 150K | — | 53 |
| 3 BR | 38 | AED 190K | AED 200K | 52 |
| 4 BR | 53 | AED 215K | AED 221K | 55 |
| 5+ BR | 33 | AED 250K | AED 280K | 41 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Sakura Gardens Tower DFalcon City of Wonders | 107 | 1,475 | down 7.8% |
| Western Residences SouthFalcon City of Wonders | 14 | — | — |
| Belgravia Gardens Tower CFalcon City of Wonders | 42 | — | — |
| Sakura Gardens Tower AFalcon City of Wonders | 52 | 1,458 | — |
| Belgravia Gardens Tower BFalcon City of Wonders | 37 | — | — |
| Belgravia Gardens Tower AFalcon City of Wonders | 28 | — | — |
| Belgravia Gardens Tower DFalcon City of Wonders | 27 | — | — |
| Western Residences NorthFalcon City of Wonders | 6 | — | — |
Developers in Falcon City of Wonders
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Ellington Properties Development | 134 | 1,599 | 43.9% |
| Hijazi Real Estate Development | 159 | 1,609 | 37% |
| Falcon City Of Wonders | 20 | 1,134 | 19.1% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Emaar South | 1,101 | 1,695 | up 3.2% |
| Dubai Investment Park Second | 3,029 | 1,476 | up 15.0% |
| Athlon by Aldar | 745 | 1,522 | up 0.6% |
| Arabian Ranches Phase 3 | 311 | 1,545 | up 1.6% |
| Jebel Ali | 380 | 1,563 | — |
| Damac Lagoons | 2,006 | 1,566 | down 1.1% |
| Jebel Ali Downtown | 1,547 | 1,698 | up 1.7% |
| Dubai Academic & Outsource City | 115 | 1,561 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 7.30M | 4 BR Villa · 6,458 sqftWestern Residences South | 26 Aug |
| AED 7.00M | 4 BR Villa · 6,458 sqftWestern Residences South | 10 Aug |
| AED 4.90M | 4 BR Villa · 3,502 sqftWestern Residences North | 6 Aug |
| AED 2.57M | 3 BR Apartment · 1,705 sqftBelgravia Gardens Tower D | 10 Aug |
| AED 1.91M | 2 BR Apartment · 1,197 sqftBelgravia Gardens Tower B | 1 Oct |
| AED 1.79M | 2 BR Apartment · 1,200 sqftBelgravia Gardens Tower A | 7 Sept |
Questions about Falcon City of Wonders
What is the average price per sqft in Falcon City of Wonders?
The median sale price in Falcon City of Wonders over the last three months was AED 1,469 per sqft (median sale AED 1.27M), based on 46 sales registered with Dubai Land Department.
Are property prices in Falcon City of Wonders going up?
Like-for-like prices per sqft are down 10.4% on a year earlier and down 8.6% on the previous three months.
How many properties were sold in Falcon City of Wonders in the last year?
316 sales worth AED 552M were registered in the last 12 months: 90% developer off-plan, 4% off-plan resales and 6% secondary (ready) sales.
What is the average rent in Falcon City of Wonders?
The median annual rent on leases registered in the last three months was AED 220K, and the best gross rental yield is about 4.7%.
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.
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