- Market News
- Markets
- Developers
- Metrical Real Estate Development
Developer · #102 by 12M value
Metrical Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Metrical Real Estate Development: 7 sales worth AED 11.3M in 30 days
Metrical Real Estate Development recorded 7 sales worth AED 11.3M in the 30 days to Thu, 22 Oct 2026, down 12.5% on the previous 30 days. Over the last week 5 sales were registered (AED 5.68M), against 1 the week before.
The median sale over the last three months was AED 1.08M, or AED 1,369/sqft — like-for-like prices per sqft down 14.6% on a year earlier. Monthly medians over the past year ranged from AED 1,180/sqft to AED 1,632/sqft.
By market over 12 months: developer off-plan sales 66.2%, off-plan resales 9.7%, secondary (ready) sales 24.2%. Off-plan resales traded at a median 17.5% premium to developer prices per sqft.
Metrical Real Estate Development registered 207 sales worth AED 251M in 12 months across 3 communities, ranking #102 among Dubai developers by value. Its most active project was Leven Residences (67 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,369 |
| Sept 26 | AED 1,369 |
| Aug 26 | AED 1,527 |
| Jul 26 | — |
| Jun 26 | AED 1,229 |
| May 26 | AED 1,592 |
| Apr 26 | AED 1,473 |
| Mar 26 | AED 1,526 |
| Feb 26 | AED 1,632 |
| Jan 26 | AED 1,223 |
| Dec 25 | AED 1,180 |
| Nov 25 | AED 1,468 |
| Oct 25 | AED 1,521 |
| Sept 25 | AED 1,546 |
| Aug 25 | AED 1,479 |
| Jul 25 | AED 1,600 |
| Jun 25 | AED 1,508 |
| May 25 | AED 1,423 |
| Apr 25 | AED 1,462 |
| Mar 25 | AED 1,334 |
| Feb 25 | AED 1,474 |
| Jan 25 | AED 1,304 |
| Dec 24 | AED 1,382 |
| Nov 24 | AED 1,402 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | — | — | — |
| Sept 26 | — | — | — |
| Aug 26 | — | — | — |
| Jul 26 | — | — | — |
| Jun 26 | — | — | — |
| May 26 | — | — | — |
| Apr 26 | — | — | — |
| Mar 26 | — | — | — |
| Feb 26 | — | — | — |
| Jan 26 | AED 1,081 | — | — |
| Dec 25 | AED 1,180 | — | — |
| Nov 25 | AED 1,479 | — | — |
| Oct 25 | AED 1,546 | — | AED 1,485 |
| Sept 25 | AED 1,582 | — | — |
| Aug 25 | AED 1,488 | — | — |
| Jul 25 | AED 1,624 | AED 1,647 | AED 1,503 |
| Jun 25 | AED 1,508 | — | — |
| May 25 | — | AED 1,489 | — |
| Apr 25 | AED 1,461 | — | — |
| Mar 25 | — | — | — |
| Feb 25 | AED 1,467 | — | AED 1,513 |
| Jan 25 | — | — | — |
| Dec 24 | AED 1,438 | — | — |
| Nov 24 | AED 1,454 | — | AED 1,283 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 3 | 1 | 3 |
| Sept 26 | 0 | 4 | 2 |
| Aug 26 | 0 | 3 | 2 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 1 | 0 | 4 |
| May 26 | 8 | 1 | 1 |
| Apr 26 | 3 | 1 | 3 |
| Mar 26 | 1 | 4 | 5 |
| Feb 26 | 1 | 1 | 7 |
| Jan 26 | 49 | 4 | 3 |
| Dec 25 | 36 | 1 | 7 |
| Nov 25 | 16 | 0 | 5 |
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 | 7 | down 12.5% | AED 11.3M | 1,369 | unchanged 0.0% |
| Last 3 months | 19 | down 13.6% | AED 29.1M | 1,369 | down 6.7% |
| Last 6 months | 41 | down 74.7% | AED 56.0M | 1,423 | up 5.3% |
| Last 12 months | 207 | down 40.0% | AED 251M | 1,386 | down 5.5% |
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) | 137 | 66% | AED 1.06M | 1,266 | down 14.0% |
| Off-plan resale | 20 | 10% | AED 1.09M | 1,487 | down 1.0% |
| Secondary (ready) | 50 | 24% | AED 1.13M | 1,400 | down 0.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 8 | 4% | AED 774K | 1,405 | down 6.5% |
| 1 bedroom | 167 | 81% | AED 1.06M | 1,404 | down 4.6% |
| 2 bedrooms | 25 | 12% | AED 1.62M | 1,180 | down 11.1% |
| 3 bedrooms | 1 | 0% | — | — | — |
| 4 bedrooms | 6 | 3% | AED 5.00M | 1,906 | down 7.2% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 201 | 97% | AED 1.06M | 1,372 | down 6.3% |
| Villas | 6 | 3% | AED 5.00M | 1,906 | down 7.2% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 196 | 95% | AED 1.06M | 1,380 | down 5.9% |
| AED 2M–10M | 11 | 5% | AED 4.50M | 1,725 | up 28.2% |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Leven ResidencesJumeirah Village Triangle | 67 | — | — |
| The Haven GardenJumeirah Village Circle | 41 | — | — |
| The Vyne ResidencesJumeirah Village Triangle | 48 | 1,369 | — |
| Royal Park South VillasJumeirah Village Circle | 5 | — | — |
| The VybeJumeirah Village Circle | 21 | — | — |
| The IvyJumeirah Village Triangle | 14 | — | — |
| The Haven ResidencesJumeirah Village Circle | 7 | — | — |
Where Metrical Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Jumeirah Village Triangle | 129 | 1,450 | 55.2% |
| Jumeirah Village Circle | 77 | 1,182 | 42.4% |
| Jumeirah Park | 1 | — | 2.5% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 5.00M | 4 BR Villa · 2,693 sqftRoyal Park South Villas · Jumeirah Village Circle | 4 Sept |
| AED 4.50M | 4 BR Villa · 2,609 sqftRoyal Park South Villas · Jumeirah Village Circle | 9 Oct |
| AED 2.10M | 2 BR Apartment · 1,544 sqftThe Haven Garden · Jumeirah Village Circle | 28 Jul |
| AED 1.54M | 1 BR Apartment · 938 sqftJumeirah Village Circle | 17 Aug |
| AED 1.48M | 1 BR Apartment · 830 sqftJumeirah Village Circle | 31 Aug |
| AED 1.46M | 1 BR Apartment · 938 sqftJumeirah Village Circle | 20 Oct |
Questions about Metrical Real Estate Development
What is the average price per sqft in Metrical Real Estate Development?
The median sale price in Metrical Real Estate Development over the last three months was AED 1,369 per sqft (median sale AED 1.08M), based on 19 sales registered with Dubai Land Department.
Are property prices in Metrical Real Estate Development going up?
Like-for-like prices per sqft are down 14.6% on a year earlier and flat over three months.
How many properties were sold in Metrical Real Estate Development in the last year?
207 sales worth AED 251M were registered in the last 12 months: 66% developer off-plan, 10% off-plan resales and 24% 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.