Developer · #463 by 12M value
Iraz Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Iraz Real Estate Development: 6 sales worth AED 6.36M in 30 days
Iraz Real Estate Development recorded 6 sales worth AED 6.36M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 1 sale was registered (AED 2.28M), against 0 the week before.
The median sale over the last three months was AED 671K, or AED 1,574/sqft.
By market over 12 months: developer off-plan sales 92.3%, off-plan resales 7.7%.
Iraz Real Estate Development registered 13 sales worth AED 15.9M in 12 months across 2 communities, ranking #463 among Dubai developers by value. Its most active project was Creek Views by Iraz (5 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 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 4 | 0 | 0 |
| Sept 26 | 4 | 0 | 0 |
| Aug 26 | 1 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 1 | 0 | 0 |
| Feb 26 | 1 | 0 | 0 |
| Jan 26 | 1 | 1 | 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 | 6 | up 100.0% | AED 6.36M | 1,561 | — |
| Last 3 months | 9 | — | AED 8.29M | 1,574 | — |
| Last 6 months | 9 | up 125.0% | AED 8.29M | 1,574 | — |
| Last 12 months | 13 | — | AED 15.9M | 1,574 | — |
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) | 12 | 92% | AED 862K | 1,571 | — |
| Off-plan resale | 1 | 8% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 6 | 46% | AED 651K | 1,609 | — |
| 1 bedroom | 2 | 15% | — | — | — |
| 2 bedrooms | 5 | 38% | AED 2.04M | 1,587 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 10 | 77% | AED 673K | 1,561 | — |
| AED 2M–10M | 3 | 23% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Creek Views by IrazCulture Village | 5 | — | — |
| Havencia ResidencesDubailand Residence Complex | 8 | 1,561 | — |
Where Iraz Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Culture Village | 5 | 1,587 | 62.3% |
| Dubailand Residence Complex | 8 | 1,561 | 37.7% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.28M | 2 BR Apartment · 1,124 sqftCreek Views by Iraz · Culture Village | 20 Oct |
| AED 1.09M | 1 BR Apartment · 767 sqftHavencia Residences · Dubailand Residence Complex | 23 Sept |
| AED 1.05M | 1 BR Apartment · 748 sqftHavencia Residences · Dubailand Residence Complex | 7 Oct |
| AED 675K | Studio Apartment · 407 sqftHavencia Residences · Dubailand Residence Complex | 23 Sept |
| AED 671K | Studio Apartment · 401 sqftHavencia Residences · Dubailand Residence Complex | 4 Sept |
| AED 664K | Studio Apartment · 404 sqftHavencia Residences · Dubailand Residence Complex | 4 Sept |
Questions about Iraz Real Estate Development
What is the average price per sqft in Iraz Real Estate Development?
The median sale price in Iraz Real Estate Development over the last three months was AED 1,574 per sqft (median sale AED 671K), based on 9 sales registered with Dubai Land Department.
How many properties were sold in Iraz Real Estate Development in the last year?
13 sales worth AED 15.9M were registered in the last 12 months: 92% developer off-plan, 8% 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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