Skip to content

Developer · #79 by 12M value

Mashriq Elite Real Estate Development

Median price per sqft · last 3 months

AED 1,502 /sqft

3M like-for-like
up 4.1%
vs 1 year ago
up 20.4%
Sales 30D
6
CompareBulletins

Market bulletin · Thu, 22 Oct 2026

Mashriq Elite Real Estate Development: median AED 1,502/sqft, up 4.1% over three months on 35 sales

Mashriq Elite Real Estate Development recorded 6 sales worth AED 12.9M in the 30 days to Thu, 22 Oct 2026, down 62.5% on the previous 30 days. Over the last week 2 sales were registered (AED 5.12M), against 1 the week before.

The median sale over the last three months was AED 1.17M, or AED 1,502/sqft — like-for-like prices per sqft up 4.1% on the previous three months and up 20.4% on a year earlier. Monthly medians over the past year ranged from AED 1,405/sqft to AED 1,627/sqft.

By market over 12 months: developer off-plan sales 90.5%, off-plan resales 3%, secondary (ready) sales 6.5%. Off-plan resales traded at a median 3.8% premium to developer prices per sqft.

Mashriq Elite Real Estate Development registered 336 sales worth AED 361M in 12 months across 5 communities, ranking #79 among Dubai developers by value. Its most active project was Floarea Skies (135 sales).

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26AED 2,044
Sept 26AED 1,546
Aug 26AED 1,454
Jul 26AED 1,405
Jun 26AED 1,526
May 26AED 1,627
Apr 26AED 1,562
Mar 26AED 1,545
Feb 26AED 1,539
Jan 26AED 1,574
Dec 25AED 1,510
Nov 25AED 1,528
Oct 25AED 1,483
Sept 25AED 1,454
Aug 25AED 1,490
Jul 25AED 1,554
Jun 25AED 1,347
May 25AED 1,467
Apr 25AED 1,357
Mar 25AED 1,497
Feb 25—
Jan 25—
Dec 24—
Nov 24AED 1,213

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 26AED 1,511—
Aug 26AED 1,447—
Jul 26——
Jun 26——
May 26——
Apr 26——
Mar 26AED 1,540—
Feb 26AED 1,527—
Jan 26AED 1,573—
Dec 25AED 1,505—
Nov 25AED 1,519AED 1,676
Oct 25AED 1,473AED 1,507
Sept 25AED 1,481AED 1,222
Aug 25AED 1,549—
Jul 25AED 1,575—
Jun 25AED 1,329—
May 25AED 1,467—
Apr 25AED 1,344—
Mar 25AED 1,467—
Feb 25——
Jan 25——
Dec 24——
Nov 24——

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26500
Sept 261211
Aug 261320
Jul 26710
Jun 26600
May 26712
Apr 26701
Mar 261430
Feb 263111
Jan 264103
Dec 255612
Nov 2562011

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 month6down 62.5%AED 12.9M1,857up 22.9%
Last 3 months35up 52.2%AED 48.9M1,502down 7.3%
Last 6 months58down 77.9%AED 82.8M1,507down 2.1%
Last 12 months336down 1.5%AED 361M1,524up 4.6%

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

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan (developer)30490%AED 1.09M1,509up 2.4%
Off-plan resale103%AED 1.05M1,567up 5.4%
Secondary (ready)227%AED 750K1,680up 28.0%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio13741%AED 704K1,670up 5.4%
1 bedroom16649%AED 1.15M1,414up 9.2%
2 bedrooms319%AED 1.63M1,327up 12.6%
3 bedrooms21%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M32095%AED 1.05M1,509up 3.6%
AED 2M–10M165%AED 2.56M2,054—

Projects

By sales value, last 12 months

Top projects
ProjectSales 12MAED/sqft3M
Floarea SkiesJumeirah Village Circle1351,494—
Floarea OasisDubailand Residence Complex1391,454—
Floarea BreezeDubai Islands192,090—
Floarea GrandeArjan14——
Floraria ResidenceArjan12——
Floarea ResidenceArjan10——
Floarea VistaAl Furjan7——

Where Mashriq Elite Real Estate Development sells

Sales in this scope only, last 12 months

Top communities
CommunitySales 12MAED/sqftShare
Jumeirah Village Circle1351,49440.1%
Dubailand Residence Complex1391,49336.3%
Dubai Islands192,06413.2%
Arjan361,6758.6%
Al Furjan71,5571.8%

Biggest sales, last 3 months

Biggest sales in Mashriq Elite Real Estate Development
PricePropertyDate
AED 3.83M3 BR Apartment · 1,872 sqftFloarea Breeze · Dubai Islands19 Oct
AED 3.05M3 BR Apartment · 1,477 sqftFloarea Breeze · Dubai Islands9 Oct
AED 2.88M2 BR Apartment · 1,670 sqftFloarea Breeze · Dubai Islands7 Aug
AED 2.86M2 BR Apartment · 1,274 sqftFloarea Breeze · Dubai Islands3 Sept
AED 2.80M2 BR Apartment · 1,323 sqftFloarea Breeze · Dubai Islands7 Oct
AED 1.90M1 BR Apartment · 878 sqftFloarea Breeze · Dubai Islands3 Sept

Questions about Mashriq Elite Real Estate Development

What is the average price per sqft in Mashriq Elite Real Estate Development?

The median sale price in Mashriq Elite Real Estate Development over the last three months was AED 1,502 per sqft (median sale AED 1.17M), based on 35 sales registered with Dubai Land Department.

Are property prices in Mashriq Elite Real Estate Development going up?

Like-for-like prices per sqft are up 20.4% on a year earlier and up 4.1% on the previous three months.

How many properties were sold in Mashriq Elite Real Estate Development in the last year?

336 sales worth AED 361M were registered in the last 12 months: 91% developer off-plan, 3% off-plan resales and 7% 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.

Create free accountiOS appAndroid app