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Developer · #141 by 12M value

Gulf General Investment Company (GGICO)

Median price per sqft · last 3 months

AED 730 /sqft

3M like-for-like
down 10.9%
vs 1 year ago
up 2.5%
Sales 30D
10
CompareBulletins

Market bulletin · Thu, 22 Oct 2026

Gulf General Investment Company (GGICO): median AED 730/sqft, down 10.9% over three months on 24 sales

Gulf General Investment Company (GGICO) recorded 10 sales worth AED 8.90M in the 30 days to Thu, 22 Oct 2026, up 66.7% on the previous 30 days. Over the last week 4 sales were registered (AED 4.23M), against 0 the week before.

The median sale over the last three months was AED 839K, or AED 730/sqft — like-for-like prices per sqft down 10.9% on the previous three months and up 2.5% on a year earlier. Monthly medians over the past year ranged from AED 633/sqft to AED 942/sqft.

By market over 12 months: secondary (ready) sales 100%.

Gulf General Investment Company (GGICO) registered 190 sales worth AED 163M in 12 months across 3 communities, ranking #141 among Dubai developers by value. Its most active project was Lakepoint Tower (23 sales).

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26AED 898
Sept 26AED 784
Aug 26AED 633
Jul 26AED 800
Jun 26—
May 26AED 942
Apr 26AED 727
Mar 26AED 815
Feb 26AED 844
Jan 26AED 817
Dec 25AED 774
Nov 25AED 785
Oct 25AED 790
Sept 25AED 740
Aug 25AED 698
Jul 25AED 746
Jun 25AED 777
May 25AED 752
Apr 25AED 683
Mar 25AED 733
Feb 25AED 717
Jan 25AED 781
Dec 24AED 752
Nov 24AED 668

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table
Off-plan vs resale vs secondary
DateOff-plan (developer)Secondary (ready)
Oct 26——
Sept 26——
Aug 26——
Jul 26—AED 800
Jun 26——
May 26——
Apr 26—AED 727
Mar 26—AED 815
Feb 26—AED 844
Jan 26—AED 817
Dec 25—AED 774
Nov 25—AED 785
Oct 25—AED 790
Sept 25—AED 740
Aug 25—AED 698
Jul 25—AED 746
Jun 25—AED 777
May 25—AED 752
Apr 25—AED 683
Mar 25—AED 733
Feb 25—AED 717
Jan 25—AED 781
Dec 24—AED 752
Nov 24—AED 668

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26006
Sept 26009
Aug 26008
Jul 260014
Jun 26003
May 26006
Apr 260010
Mar 260012
Feb 260019
Jan 260038
Dec 250025
Nov 250033

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month10up 66.7%AED 8.90M869up 15.3%
Last 3 months24up 4.3%AED 20.7M730down 11.8%
Last 6 months47down 66.7%AED 40.8M767down 3.9%
Last 12 months190down 61.1%AED 163M785up 8.4%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)190100%AED 768K785up 8.4%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom14375%AED 720K785up 6.4%
2 bedrooms4222%AED 1.19M774up 11.7%
3 bedrooms53%AED 2.30M1,179up 30.3%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M18698%AED 760K784up 8.7%
AED 2M–10M42%———

Projects

By sales value, last 12 months

Top projects
ProjectSales 12MAED/sqft3M
Lakepoint TowerJumeirah Lake Towers23——
Olympic Park 1Dubai Sports City15——
Olympic Park 4Dubai Sports City16655—
Olympic Park 3Dubai Sports City12——
Topaz Residences 3Dubai Silicon Oasis11——
Axis Residences 4Dubai Silicon Oasis17——
Axis Residences 1Dubai Silicon Oasis17——
Axis Silver 1Dubai Silicon Oasis10——
Axis Residences 6Dubai Silicon Oasis13——
Topaz Residences 2Dubai Silicon Oasis7——
Grand Horizon 1(Olympic Tower 5)Dubai Sports City9——
Olympic Park 2Dubai Sports City7——
Platinum Residences 2Dubai Silicon Oasis4——
Platinum Residences 1Dubai Silicon Oasis6——
Axis Residences 3Dubai Silicon Oasis6——

Where Gulf General Investment Company (GGICO) sells

Sales in this scope only, last 12 months

Top communities
CommunitySales 12MAED/sqftShare
Dubai Silicon Oasis10881146.3%
Dubai Sports City5974935.5%
Jumeirah Lake Towers231,03218.2%

Biggest sales, last 3 months

Biggest sales in Gulf General Investment Company (GGICO)
PricePropertyDate
AED 1.35M2 BR Apartment · 1,612 sqftOlympic Park 1 · Dubai Sports City21 Oct
AED 1.34M2 BR Apartment · 1,612 sqftOlympic Park 1 · Dubai Sports City16 Oct
AED 1.26M2 BR Apartment · 1,614 sqftOlympic Park 1 · Dubai Sports City3 Sept
AED 1.17M2 BR Apartment · 1,153 sqftPlatinum Residences 2 · Dubai Silicon Oasis14 Sept
AED 1.15M2 BR Apartment · 1,581 sqftOlympic Park 4 · Dubai Sports City7 Aug
AED 1.06M2 BR Apartment · 1,464 sqftOlympic Park 4 · Dubai Sports City14 Sept

Questions about Gulf General Investment Company (GGICO)

What is the average price per sqft in Gulf General Investment Company (GGICO)?

The median sale price in Gulf General Investment Company (GGICO) over the last three months was AED 730 per sqft (median sale AED 839K), based on 24 sales registered with Dubai Land Department.

Are property prices in Gulf General Investment Company (GGICO) going up?

Like-for-like prices per sqft are up 2.5% on a year earlier and down 10.9% on the previous three months.

How many properties were sold in Gulf General Investment Company (GGICO) in the last year?

190 sales worth AED 163M 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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