Developer · #322 by 12M value
Lootah Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Lootah Real Estate Development: 4 sales worth AED 4.88M in 30 days
Lootah Real Estate Development recorded 4 sales worth AED 4.88M in the 30 days to Thu, 22 Oct 2026, down 20.0% on the previous 30 days. Over the last week 1 sale was registered (AED 610K), against 1 the week before.
The median sale over the last three months was AED 610K, or AED 928/sqft. Monthly medians over the past year ranged from AED 846/sqft to AED 1,132/sqft.
By market over 12 months: secondary (ready) sales 100%.
Lootah Real Estate Development registered 41 sales worth AED 41.6M in 12 months across 1 communities, ranking #322 among Dubai developers by value. Its most active project was LOCI Residences (10 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 967 |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 1,132 |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 846 |
| Dec 25 | AED 1,052 |
| Nov 25 | — |
| Oct 25 | AED 940 |
| Sept 25 | AED 1,077 |
| Aug 25 | AED 846 |
| Jul 25 | AED 1,121 |
| Jun 25 | AED 984 |
| May 25 | AED 1,092 |
| Apr 25 | AED 845 |
| Mar 25 | AED 1,072 |
| Feb 25 | AED 1,164 |
| Jan 25 | AED 906 |
| Dec 24 | AED 1,074 |
| Nov 24 | AED 1,034 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 6 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 5 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 7 |
| Dec 25 | 0 | 0 | 11 |
| Nov 25 | 0 | 0 | 3 |
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 | 4 | down 20.0% | AED 4.88M | — | — |
| Last 3 months | 9 | up 200.0% | AED 10.4M | 928 | — |
| Last 6 months | 12 | down 58.6% | AED 12.3M | 1,000 | down 4.5% |
| Last 12 months | 41 | down 65.3% | AED 41.6M | 1,018 | up 0.1% |
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) | 41 | 100% | AED 595K | 1,018 | up 0.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 28 | 68% | AED 544K | 1,049 | down 1.5% |
| 1 bedroom | 6 | 15% | AED 988K | 1,312 | up 34.4% |
| 2 bedrooms | 3 | 7% | — | — | — |
| 3 bedrooms | 3 | 7% | — | — | — |
| 4 bedrooms | 1 | 2% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 37 | 90% | AED 570K | 1,052 | up 2.9% |
| Villas | 4 | 10% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 37 | 90% | AED 570K | 1,052 | up 2.9% |
| AED 2M–10M | 4 | 10% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| LOCI ResidencesJumeirah Village Circle | 10 | — | — |
| Shamal WavesJumeirah Village Circle | 12 | — | — |
| Shamal ResidencesJumeirah Village Circle | 8 | — | — |
| Living Garden IIJumeirah Village Circle | 7 | — | — |
Where Lootah Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Jumeirah Village Circle | 41 | 1,018 | 100% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.30M | 3 BR Villa · 4,506 sqftJumeirah Village Circle | 24 Sept |
| AED 3.10M | 3 BR Villa · 4,506 sqftJumeirah Village Circle | 4 Sept |
| AED 880K | 1 BR Apartment · 874 sqftLOCI Residences · Jumeirah Village Circle | 10 Sept |
| AED 670K | Studio Apartment · 574 sqftShamal Waves · Jumeirah Village Circle | 3 Sept |
| AED 610K | Studio Apartment · 755 sqftShamal Residences · Jumeirah Village Circle | 22 Oct |
| AED 515K | Studio Apartment · 360 sqftLiving Garden II · Jumeirah Village Circle | 24 Sept |
Questions about Lootah Real Estate Development
What is the average price per sqft in Lootah Real Estate Development?
The median sale price in Lootah Real Estate Development over the last three months was AED 928 per sqft (median sale AED 610K), based on 9 sales registered with Dubai Land Department.
How many properties were sold in Lootah Real Estate Development in the last year?
41 sales worth AED 41.6M 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.
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.