Developer · #48 by 12M value
Mr. Eight Development
Market bulletin · Thu, 22 Oct 2026
Mr. Eight Development: median AED 1,669/sqft, down 6.9% over three months on 31 sales
Mr. Eight Development recorded 9 sales worth AED 13.9M in the 30 days to Thu, 22 Oct 2026, up 28.6% on the previous 30 days. Over the last week 1 sale was registered (AED 3.09M), against 2 the week before.
The median sale over the last three months was AED 2.42M, or AED 1,669/sqft — like-for-like prices per sqft down 6.9% on the previous three months. Monthly medians over the past year ranged from AED 1,669/sqft to AED 4,266/sqft.
By market over 12 months: developer off-plan sales 98.9%, off-plan resales 1.1%.
Mr. Eight Development registered 278 sales worth AED 795M in 12 months across 2 communities, ranking #48 among Dubai developers by value. Its most active project was Interstellar Tower (177 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,472 |
| Sept 26 | AED 1,669 |
| Aug 26 | AED 3,275 |
| Jul 26 | AED 2,851 |
| Jun 26 | AED 2,585 |
| May 26 | AED 1,720 |
| Apr 26 | AED 1,850 |
| Mar 26 | AED 1,734 |
| Feb 26 | AED 1,762 |
| Jan 26 | AED 1,775 |
| Dec 25 | AED 4,266 |
| Nov 25 | AED 4,009 |
| Oct 25 | AED 3,584 |
| Sept 25 | AED 3,887 |
| Aug 25 | AED 3,958 |
| Jul 25 | AED 3,435 |
| Jun 25 | AED 3,308 |
| May 25 | AED 3,082 |
| Apr 25 | — |
| Mar 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 5 | 0 | 0 |
| Sept 26 | 7 | 0 | 0 |
| Aug 26 | 17 | 0 | 0 |
| Jul 26 | 11 | 0 | 0 |
| Jun 26 | 13 | 0 | 0 |
| May 26 | 15 | 1 | 0 |
| Apr 26 | 40 | 1 | 0 |
| Mar 26 | 67 | 0 | 0 |
| Feb 26 | 38 | 1 | 0 |
| Jan 26 | 47 | 0 | 0 |
| Dec 25 | 6 | 0 | 0 |
| Nov 25 | 8 | 0 | 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 | 9 | up 28.6% | AED 13.9M | 1,563 | down 58.2% |
| Last 3 months | 31 | down 24.4% | AED 92.9M | 1,669 | down 7.5% |
| Last 6 months | 72 | down 65.0% | AED 219M | 1,750 | down 1.4% |
| Last 12 months | 278 | up 141.7% | AED 795M | 1,774 | down 47.5% |
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) | 275 | 99% | AED 1.81M | 1,774 | down 47.6% |
| Off-plan resale | 3 | 1% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 144 | 52% | AED 1.24M | 1,744 | down 43.3% |
| 2 bedrooms | 91 | 33% | AED 2.98M | 2,634 | down 17.8% |
| 3 bedrooms | 29 | 10% | AED 4.95M | 1,872 | down 46.8% |
| 4 bedrooms | 13 | 5% | AED 9.96M | 3,774 | up 11.1% |
| 5+ bedrooms | 1 | 0% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 248 | 89% | AED 1.66M | 1,755 | down 48.1% |
| Hotel apartments | 30 | 11% | AED 4.48M | 4,075 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 153 | 55% | AED 1.25M | 1,728 | — |
| AED 2M–10M | 118 | 42% | AED 3.92M | 2,968 | down 12.1% |
| AED 10M–50M | 7 | 3% | AED 11.0M | 4,153 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Interstellar TowerJumeirah Village Triangle | 177 | 1,492 | down 8.5% |
| Villa del GardaDubai Islands | 32 | 4,002 | — |
| Villa Del GaviDubai Islands | 16 | — | — |
| Villa del DIVOSDubai Islands | 14 | — | — |
| Villa del ArteDubai Islands | 30 | — | — |
| Villa Del BrunelloDubai Islands | 9 | — | — |
Where Mr. Eight Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubai Islands | 101 | 3,710 | 66.5% |
| Jumeirah Village Triangle | 177 | 1,710 | 33.5% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 10.7M | 4 BR Apartment · 2,527 sqftVilla Del Brunello · Dubai Islands | 5 Aug |
| AED 9.91M | 4 BR Apartment · 2,648 sqftVilla Del Gavi · Dubai Islands | 31 Aug |
| AED 8.18M | 3 BR Hotel apartment · 2,008 sqftVilla del Garda · Dubai Islands | 12 Aug |
| AED 4.64M | 2 BR Hotel apartment · 1,159 sqftVilla del Garda · Dubai Islands | 29 Aug |
| AED 4.60M | 2 BR Hotel apartment · 1,130 sqftVilla del Garda · Dubai Islands | 10 Aug |
| AED 4.57M | 2 BR Hotel apartment · 1,139 sqftVilla del Garda · Dubai Islands | 10 Aug |
Questions about Mr. Eight Development
What is the average price per sqft in Mr. Eight Development?
The median sale price in Mr. Eight Development over the last three months was AED 1,669 per sqft (median sale AED 2.42M), based on 31 sales registered with Dubai Land Department.
How many properties were sold in Mr. Eight Development in the last year?
278 sales worth AED 795M were registered in the last 12 months: 99% developer off-plan, 1% 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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