Developer · #88 by 12M value
Mirfa IBC Developers
Market bulletin · Thu, 22 Oct 2026
Mirfa IBC Developers: 8 sales worth AED 7.55M in 30 days
Mirfa IBC Developers recorded 8 sales worth AED 7.55M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 4 sales were registered (AED 4.28M), against 0 the week before.
The median sale over the last three months was AED 637K, or AED 1,119/sqft. Monthly medians over the past year ranged from AED 1,119/sqft to AED 2,448/sqft.
By market over 12 months: developer off-plan sales 82.5%, off-plan resales 3.2%, secondary (ready) sales 14.3%.
Mirfa IBC Developers registered 63 sales worth AED 327M in 12 months across 3 communities, ranking #88 among Dubai developers by value. Its most active project was Numa Reserve (20 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,051 |
| Sept 26 | AED 1,510 |
| Aug 26 | AED 1,119 |
| Jul 26 | — |
| Jun 26 | AED 1,248 |
| May 26 | AED 2,448 |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 7 | 0 | 0 |
| Sept 26 | 11 | 0 | 2 |
| Aug 26 | 9 | 0 | 0 |
| Jul 26 | 1 | 0 | 1 |
| Jun 26 | 3 | 0 | 2 |
| May 26 | 18 | 0 | 0 |
| Apr 26 | 1 | 0 | 3 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 2 | 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 | 8 | down 33.3% | AED 7.55M | 1,031 | down 31.9% |
| Last 3 months | 30 | up 25.0% | AED 22.5M | 1,119 | down 51.5% |
| Last 6 months | 54 | up 575.0% | AED 317M | 1,515 | up 18.5% |
| Last 12 months | 63 | up 425.0% | AED 327M | 1,510 | down 7.2% |
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) | 52 | 83% | AED 1.08M | 1,521 | down 6.5% |
| Off-plan resale | 2 | 3% | — | — | — |
| Secondary (ready) | 9 | 14% | AED 1.00M | 1,248 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 22 | 35% | AED 580K | 1,497 | down 7.9% |
| 1 bedroom | 10 | 16% | AED 950K | 1,084 | — |
| 2 bedrooms | 10 | 16% | AED 1.08M | 963 | — |
| 3 bedrooms | 1 | 2% | — | — | — |
| 4 bedrooms | 3 | 5% | — | — | — |
| 5+ bedrooms | 17 | 27% | AED 13.5M | 2,448 | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 42 | 67% | AED 674K | 1,119 | down 31.2% |
| Villas | 13 | 21% | AED 12.5M | 2,233 | — |
| Plots | 8 | 13% | AED 13.7M | 2,839 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 42 | 67% | AED 674K | 1,119 | down 31.2% |
| AED 2M–10M | 1 | 2% | — | — | — |
| AED 10M–50M | 20 | 32% | AED 13.6M | 2,420 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Numa ReserveDistrict Eleven | 20 | — | — |
| Stories by MirfaDubai South Residential District | 29 | 1,119 | — |
| Ashton ParkJumeirah Village Circle | 14 | — | — |
Where Mirfa IBC Developers sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| District Eleven | 20 | 2,420 | 88.8% |
| Dubai South Residential District | 29 | 1,119 | 6.6% |
| Jumeirah Village Circle | 14 | 1,291 | 4.6% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.20M | 2 BR Apartment · 1,141 sqftStories by Mirfa · Dubai South Residential District | 4 Oct |
| AED 1.10M | 2 BR Apartment · 1,141 sqftStories by Mirfa · Dubai South Residential District | 20 Oct |
| AED 1.10M | 2 BR Apartment · 1,141 sqftStories by Mirfa · Dubai South Residential District | 22 Oct |
| AED 1.08M | 2 BR Apartment · 1,010 sqftStories by Mirfa · Dubai South Residential District | 21 Oct |
| AED 1.08M | 2 BR Apartment · 1,128 sqftStories by Mirfa · Dubai South Residential District | 1 Aug |
| AED 1.08M | 2 BR Apartment · 1,128 sqftStories by Mirfa · Dubai South Residential District | 19 Sept |
Questions about Mirfa IBC Developers
What is the average price per sqft in Mirfa IBC Developers?
The median sale price in Mirfa IBC Developers over the last three months was AED 1,119 per sqft (median sale AED 637K), based on 30 sales registered with Dubai Land Department.
How many properties were sold in Mirfa IBC Developers in the last year?
63 sales worth AED 327M were registered in the last 12 months: 83% developer off-plan, 3% off-plan resales and 14% 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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