Developer · #98 by 12M value
Al Mazaya Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Al Mazaya Real Estate Development: median AED 881/sqft, up 6.5% over three months on 41 sales
Al Mazaya Real Estate Development recorded 12 sales worth AED 10.8M in the 30 days to Thu, 22 Oct 2026, down 20.0% on the previous 30 days. Over the last week 5 sales were registered (AED 4.03M), against 1 the week before.
The median sale over the last three months was AED 930K, or AED 881/sqft — like-for-like prices per sqft up 6.5% on the previous three months and up 3.5% on a year earlier. Monthly medians over the past year ranged from AED 737/sqft to AED 1,170/sqft.
By market over 12 months: secondary (ready) sales 100%.
Al Mazaya Real Estate Development registered 264 sales worth AED 279M in 12 months across 3 communities, ranking #98 among Dubai developers by value. Its most active project was Skygardens (59 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 865 |
| Sept 26 | AED 837 |
| Aug 26 | AED 1,170 |
| Jul 26 | AED 829 |
| Jun 26 | AED 737 |
| May 26 | AED 737 |
| Apr 26 | AED 743 |
| Mar 26 | AED 817 |
| Feb 26 | AED 803 |
| Jan 26 | AED 788 |
| Dec 25 | AED 892 |
| Nov 25 | AED 827 |
| Oct 25 | AED 881 |
| Sept 25 | AED 860 |
| Aug 25 | AED 735 |
| Jul 25 | AED 827 |
| Jun 25 | AED 802 |
| May 25 | AED 832 |
| Apr 25 | AED 732 |
| Mar 25 | AED 636 |
| Feb 25 | AED 656 |
| Jan 25 | AED 573 |
| Dec 24 | AED 653 |
| Nov 24 | AED 595 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 10 |
| Sept 26 | 0 | 0 | 14 |
| Aug 26 | 0 | 0 | 14 |
| Jul 26 | 0 | 0 | 19 |
| Jun 26 | 0 | 0 | 12 |
| May 26 | 0 | 0 | 9 |
| Apr 26 | 0 | 0 | 31 |
| Mar 26 | 0 | 0 | 17 |
| Feb 26 | 0 | 0 | 22 |
| Jan 26 | 0 | 0 | 44 |
| Dec 25 | 0 | 0 | 37 |
| Nov 25 | 0 | 0 | 26 |
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 | down 20.0% | AED 10.8M | 865 | up 2.7% |
| Last 3 months | 41 | unchanged 0.0% | AED 42.0M | 881 | up 14.9% |
| Last 6 months | 82 | down 53.9% | AED 80.3M | 830 | up 1.3% |
| Last 12 months | 264 | down 56.3% | AED 279M | 822 | up 14.8% |
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) | 264 | 100% | AED 828K | 822 | up 14.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 28 | 11% | AED 1.34M | 2,306 | up 40.4% |
| 1 bedroom | 136 | 52% | AED 550K | 785 | up 9.3% |
| 2 bedrooms | 83 | 32% | AED 1.02M | 831 | up 22.9% |
| 3 bedrooms | 15 | 6% | AED 1.30M | 777 | up 21.0% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 240 | 91% | AED 750K | 793 | up 13.3% |
| AED 2M–10M | 24 | 9% | AED 2.46M | 1,508 | down 2.2% |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| SkygardensDIFC | 59 | 2,129 | — |
| Icon Towers 1Jumeirah Lake Towers | 19 | 1,160 | — |
| Icon Towers 2Jumeirah Lake Towers | 13 | — | — |
| Mazaya 04Liwan | 18 | — | — |
| Mazaya - Tala 2 (Queue Point - R098)Liwan | 10 | — | — |
| Mazaya 01Liwan | 11 | — | — |
| Mazaya 19 (Queue Point - R051)Liwan | 7 | — | — |
| Mazaya - ShamsLiwan | 7 | — | — |
| Mazaya 03Liwan | 9 | — | — |
| Mazaya 02Liwan | 7 | — | — |
| Mazaya 10BLiwan | 6 | — | — |
| Mazaya 31Liwan | 6 | — | — |
| Mazaya 10ALiwan | 5 | — | — |
| Mazaya 15Liwan | 5 | — | — |
| Mazaya 24Liwan | 6 | — | — |
Where Al Mazaya Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| DIFC | 59 | 2,006 | 43% |
| Liwan | 173 | 741 | 41.7% |
| Jumeirah Lake Towers | 32 | 1,220 | 15.3% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.55M | 2 BR Apartment · 1,652 sqftSkygardens · DIFC | 3 Sept |
| AED 2.55M | 2 BR Apartment · 1,652 sqftSkygardens · DIFC | 4 Sept |
| AED 1.77M | 3 BR Apartment · 1,572 sqftIcon Towers 1 · Jumeirah Lake Towers | 17 Sept |
| AED 1.73M | 1 BR Apartment · 782 sqftSkygardens · DIFC | 22 Oct |
| AED 1.72M | 2 BR Apartment · 1,454 sqftIcon Towers 2 · Jumeirah Lake Towers | 8 Aug |
| AED 1.68M | 2 BR Apartment · 1,448 sqftIcon Towers 1 · Jumeirah Lake Towers | 26 Aug |
Questions about Al Mazaya Real Estate Development
What is the average price per sqft in Al Mazaya Real Estate Development?
The median sale price in Al Mazaya Real Estate Development over the last three months was AED 881 per sqft (median sale AED 930K), based on 41 sales registered with Dubai Land Department.
Are property prices in Al Mazaya Real Estate Development going up?
Like-for-like prices per sqft are up 3.5% on a year earlier and up 6.5% on the previous three months.
How many properties were sold in Al Mazaya Real Estate Development in the last year?
264 sales worth AED 279M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
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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