Developer · #269 by 12M value
Asak Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Asak Real Estate Development: 0 sales worth AED 0 in 30 days
Asak Real Estate Development recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 913K, or AED 1,219/sqft. Monthly medians over the past year ranged from AED 1,371/sqft to AED 1,525/sqft.
By market over 12 months: developer off-plan sales 81.8%, secondary (ready) sales 18.2%.
Asak Real Estate Development registered 55 sales worth AED 54.4M in 12 months across 2 communities, ranking #269 among Dubai developers by value. Its most active project was Golf Terrace Residences (45 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 1,388 |
| Jun 26 | — |
| May 26 | AED 1,371 |
| Apr 26 | AED 1,525 |
| Mar 26 | AED 1,465 |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,361 |
| Jul 25 | AED 1,417 |
| Jun 25 | AED 1,415 |
| May 25 | AED 1,539 |
| Apr 25 | AED 1,690 |
| Mar 25 | AED 1,463 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 3 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 7 | 0 | 0 |
| Jun 26 | 1 | 0 | 0 |
| May 26 | 5 | 0 | 1 |
| Apr 26 | 5 | 0 | 0 |
| Mar 26 | 24 | 0 | 1 |
| Feb 26 | 0 | 0 | 2 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 2 |
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 | 0 | — | AED 0 | — | — |
| Last 3 months | 6 | down 50.0% | AED 6.11M | 1,219 | down 11.5% |
| Last 6 months | 18 | down 50.0% | AED 16.8M | 1,371 | down 7.9% |
| Last 12 months | 55 | down 40.2% | AED 54.4M | 1,434 | down 2.2% |
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) | 45 | 82% | AED 718K | 1,415 | down 3.4% |
| Secondary (ready) | 10 | 18% | AED 1.32M | 1,507 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 34 | 62% | AED 702K | 1,463 | down 15.1% |
| 1 bedroom | 16 | 29% | AED 1.32M | 1,289 | down 9.2% |
| 2 bedrooms | 5 | 9% | AED 2.14M | 1,201 | up 4.1% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 52 | 95% | AED 721K | 1,445 | down 2.4% |
| AED 2M–10M | 3 | 5% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Golf Terrace ResidencesDubai Production City (IMPZ) | 45 | 1,263 | — |
| Al Serh Residences 11Jumeirah Village Circle | 10 | — | — |
Where Asak Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubai Production City (IMPZ) | 45 | 1,415 | 77.2% |
| Jumeirah Village Circle | 10 | 1,507 | 22.8% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.50M | 2 BR Apartment · 1,532 sqftAl Serh Residences 11 · Jumeirah Village Circle | 6 Aug |
| AED 1.40M | 1 BR Apartment · 1,191 sqftGolf Terrace Residences · Dubai Production City (IMPZ) | 17 Sept |
| AED 1.08M | 1 BR Apartment · 1,211 sqftGolf Terrace Residences · Dubai Production City (IMPZ) | 25 Jul |
| AED 741K | Studio Apartment · 443 sqftGolf Terrace Residences · Dubai Production City (IMPZ) | 25 Jul |
| AED 701K | Studio Apartment · 556 sqftGolf Terrace Residences · Dubai Production City (IMPZ) | 17 Sept |
| AED 684K | Studio Apartment · 484 sqftGolf Terrace Residences · Dubai Production City (IMPZ) | 17 Sept |
Questions about Asak Real Estate Development
What is the average price per sqft in Asak Real Estate Development?
The median sale price in Asak Real Estate Development over the last three months was AED 1,219 per sqft (median sale AED 913K), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Asak Real Estate Development in the last year?
55 sales worth AED 54.4M were registered in the last 12 months: 82% developer off-plan, 0% off-plan resales and 18% 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.
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.