Community · #122 by 12M value
The Old Town
Market bulletin · Thu, 22 Oct 2026
The Old Town: 1 sales worth AED 1.87M in 30 days
The Old Town recorded 1 sale worth AED 1.87M in the 30 days to Thu, 22 Oct 2026, down 66.7% on the previous 30 days. Over the last week 1 sale was registered (AED 1.87M), against 0 the week before.
The median sale over the last three months was AED 2.45M, or AED 2,167/sqft — like-for-like prices per sqft up 1.6% on a year earlier. Monthly medians over the past year ranged from AED 2,086/sqft to AED 2,377/sqft.
By market over 12 months: secondary (ready) sales 100%.
Zaafaran 3 was the most active project by value over 12 months (7 sales, AED 21.5M), and Emaar Properties the leading developer with 100% of value.
Leases registered in the last three months had a median annual rent of AED 125K; like-for-like rent per sqft is down 1.4% on the previous three months. The best gross yield is on 1 BR apartments at about 5.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 2,167 |
| Jul 26 | AED 2,086 |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 2,326 |
| Jan 26 | AED 2,319 |
| Dec 25 | AED 2,377 |
| Nov 25 | AED 2,351 |
| Oct 25 | AED 2,357 |
| Sept 25 | AED 2,269 |
| Aug 25 | AED 2,124 |
| Jul 25 | AED 2,266 |
| Jun 25 | AED 2,049 |
| May 25 | AED 2,149 |
| Apr 25 | AED 1,595 |
| Mar 25 | AED 1,963 |
| Feb 25 | AED 1,964 |
| Jan 25 | AED 2,168 |
| Dec 24 | AED 2,008 |
| Nov 24 | AED 1,708 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 6 |
| Jul 26 | 0 | 0 | 6 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 3 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 4 |
| Feb 26 | 0 | 0 | 15 |
| Jan 26 | 0 | 0 | 16 |
| Dec 25 | 0 | 0 | 8 |
| Nov 25 | 0 | 0 | 8 |
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 | 1 | down 66.7% | AED 1.87M | — | — |
| Last 3 months | 10 | down 28.6% | AED 25.8M | 2,167 | down 4.3% |
| Last 6 months | 24 | down 57.1% | AED 67.3M | 2,194 | down 6.6% |
| Last 12 months | 80 | down 72.4% | AED 242M | 2,339 | up 13.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 80 | 100% | AED 2.95M | 2,339 | up 13.2% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 36 | 45% | AED 2.22M | 2,176 | up 4.4% |
| 2 bedrooms | 35 | 44% | AED 3.37M | 2,376 | up 17.9% |
| 3 bedrooms | 9 | 11% | AED 5.75M | 2,543 | up 20.9% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 12 | 15% | AED 1.86M | 2,045 | up 11.6% |
| AED 2M–10M | 68 | 85% | AED 3.06M | 2,392 | up 13.8% |
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 146K |
| Sept 26 | AED 125K |
| Aug 26 | AED 120K |
| Jul 26 | AED 130K |
| Jun 26 | AED 135K |
| May 26 | AED 148K |
| Apr 26 | AED 124K |
| Mar 26 | AED 135K |
| Feb 26 | AED 138K |
| Jan 26 | AED 140K |
| Dec 25 | AED 130K |
| Nov 25 | AED 139K |
| Oct 25 | AED 140K |
| Sept 25 | AED 140K |
| Aug 25 | AED 125K |
| Jul 25 | AED 129K |
| Jun 25 | AED 140K |
| May 25 | AED 140K |
| Apr 25 | AED 142K |
| Mar 25 | AED 135K |
| Feb 25 | AED 150K |
| Jan 25 | AED 138K |
| Dec 24 | AED 138K |
| Nov 24 | AED 130K |
- Leases (12M)
- 852
- New leases
- 47.4%
- Median rent 3M
- AED 125K
- Rent/sqft 3M
- AED 112
| 1 BR apartments | AED 115K / AED 2.22M | 5.2% |
|---|---|---|
| 2 BR apartments | AED 170K / AED 3.37M | 5.0% |
| 3 BR apartments | AED 250K / AED 5.75M | 4.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 394 | AED 115K | AED 115K | 119 |
| 2 BR | 248 | AED 170K | AED 168K | 122 |
| 3 BR | 37 | AED 250K | AED 265K | 117 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Zaafaran 3The Old Town | 7 | — | — |
| Zanzebeel 2The Old Town | 6 | — | — |
| Yansoon 5The Old Town | 4 | — | — |
| Zanzebeel 3The Old Town | 5 | — | — |
| Zanzebeel 1The Old Town | 6 | — | — |
| Yansoon 4The Old Town | 4 | — | — |
| Kamoon 1The Old Town | 5 | — | — |
| Yansoon 2The Old Town | 3 | — | — |
| Zaafaran 4The Old Town | 4 | — | — |
| Miska 4The Old Town | 2 | — | — |
| Miska 3The Old Town | 4 | — | — |
| Yansoon 7The Old Town | 2 | — | — |
| Yansoon 6The Old Town | 3 | — | — |
| Kamoon 4The Old Town | 3 | — | — |
| Reehan 6The Old Town | 3 | — | — |
Developers in The Old Town
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Emaar Properties | 80 | 2,339 | 100% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Jumeirah Garden City | 967 | 2,300 | down 7.5% |
| Al Sufouh First | 126 | 2,478 | — |
| Ras Al Khor Industrial First | 156 | 2,270 | down 1.5% |
| Jumeirah Heights | 57 | 2,380 | — |
| Horizon | 932 | 2,376 | down 2.2% |
| Al Satwa | 253 | 1,737 | — |
| The Hills | 50 | 2,448 | — |
| The Springs | 277 | 2,155 | down 3.6% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.77M | 2 BR Apartment · 1,528 sqftZanzebeel 1 | 26 Aug |
| AED 3.50M | 2 BR Apartment · 1,221 sqftYansoon 2 | 28 Jul |
| AED 3.10M | 2 BR Apartment · 1,308 sqftZanzebeel 3 | 14 Aug |
| AED 2.95M | 1 BR Apartment · 2,871 sqftKamoon 4 | 3 Sept |
| AED 2.50M | 2 BR Apartment · 1,234 sqftKamoon 1 | 14 Aug |
| AED 2.40M | 1 BR Apartment · 965 sqftZanzebeel 1 | 7 Sept |
Questions about The Old Town
What is the average price per sqft in The Old Town?
The median sale price in The Old Town over the last three months was AED 2,167 per sqft (median sale AED 2.45M), based on 10 sales registered with Dubai Land Department.
Are property prices in The Old Town going up?
Like-for-like prices per sqft are up 1.6% on a year earlier and flat over three months.
How many properties were sold in The Old Town in the last year?
80 sales worth AED 242M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Old Town?
The median annual rent on leases registered in the last three months was AED 125K, and the best gross rental yield is about 5.2%.
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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