Developer · #332 by 12M value
Ermak Development
Market bulletin · Thu, 22 Oct 2026
Ermak Development: 1 sales worth AED 4.50M in 30 days
Ermak Development recorded 1 sale worth AED 4.50M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 4.50M), against 0 the week before.
By market over 12 months: developer off-plan sales 100%.
Ermak Development registered 15 sales worth AED 38.9M in 12 months across 1 communities, ranking #332 among Dubai developers by value. Its most active project was Saddlewood Park - Belmont Park (15 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,224 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 2 | 0 | 0 |
| May 26 | 2 | 0 | 0 |
| Apr 26 | 1 | 0 | 0 |
| Mar 26 | 1 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 2 | 0 | 0 |
| Dec 25 | 6 | 0 | 0 |
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 | — | AED 4.50M | — | — |
| Last 3 months | 1 | down 75.0% | AED 4.50M | — | — |
| Last 6 months | 5 | down 50.0% | AED 13.7M | 2,043 | down 8.1% |
| Last 12 months | 15 | — | AED 38.9M | 2,196 | — |
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) | 15 | 100% | AED 2.60M | 2,196 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 5 | 33% | AED 1.73M | 2,342 | — |
| 2 bedrooms | 8 | 53% | AED 2.63M | 2,191 | — |
| 3 bedrooms | 2 | 13% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 4 | 27% | — | — | — |
| AED 2M–10M | 11 | 73% | AED 2.65M | 2,187 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Saddlewood Park - Belmont ParkMeydan City | 15 | — | — |
Where Ermak Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Meydan City | 15 | 2,196 | 100% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.50M | 3 BR Apartment · 2,555 sqftSaddlewood Park - Belmont Park · Meydan City | 19 Oct |
Questions about Ermak Development
How many properties were sold in Ermak Development in the last year?
15 sales worth AED 38.9M were registered in the last 12 months: 100% developer off-plan, 0% off-plan resales and 0% 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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