Developer · #304 by 12M value
Neoterra Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Neoterra Real Estate Development: 17 sales worth AED 12.0M in 30 days
Neoterra Real Estate Development recorded 17 sales worth AED 12.0M in the 30 days to Thu, 22 Oct 2026, up 30.8% on the previous 30 days. Over the last week 5 sales were registered (AED 3.21M), against 3 the week before.
The median sale over the last three months was AED 584K, or AED 1,626/sqft. Monthly medians over the past year ranged from AED 1,633/sqft to AED 2,672/sqft.
By market over 12 months: developer off-plan sales 100%.
Neoterra Real Estate Development registered 47 sales worth AED 44.7M in 12 months across 2 communities, ranking #304 among Dubai developers by value. Its most active project was Eira Residences (34 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,606 |
| Sept 26 | AED 1,639 |
| Aug 26 | AED 1,633 |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | AED 2,672 |
| Apr 26 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 11 | 0 | 0 |
| Sept 26 | 17 | 0 | 0 |
| Aug 26 | 6 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 1 | 0 | 0 |
| May 26 | 11 | 0 | 0 |
| Apr 26 | 1 | 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 | 17 | up 30.8% | AED 12.0M | 1,606 | down 2.1% |
| Last 3 months | 34 | up 183.3% | AED 23.4M | 1,626 | down 39.7% |
| Last 6 months | 46 | up 4500.0% | AED 43.6M | 1,666 | — |
| Last 12 months | 47 | — | AED 44.7M | 1,676 | — |
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) | 47 | 100% | AED 598K | 1,676 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 26 | 55% | AED 580K | 1,653 | — |
| 1 bedroom | 15 | 32% | AED 1.13M | 1,452 | — |
| 2 bedrooms | 6 | 13% | AED 1.92M | 2,525 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 46 | 98% | AED 596K | 1,666 | — |
| AED 2M–10M | 1 | 2% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Eira ResidencesDubai Production City (IMPZ) | 34 | 1,626 | — |
| Elmora ResidenceJumeirah Garden City | 26 | — | — |
Where Neoterra Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubai Production City (IMPZ) | 34 | 1,626 | 52.3% |
| Jumeirah Garden City | 13 | 2,722 | 47.7% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.15M | 1 BR Apartment · 834 sqftEira Residences · Dubai Production City (IMPZ) | 23 Sept |
| AED 1.13M | 1 BR Apartment · 807 sqftEira Residences · Dubai Production City (IMPZ) | 8 Aug |
| AED 1.07M | 1 BR Apartment · 747 sqftEira Residences · Dubai Production City (IMPZ) | 19 Sept |
| AED 1.02M | 1 BR Apartment · 704 sqftEira Residences · Dubai Production City (IMPZ) | 23 Sept |
| AED 1.01M | 1 BR Apartment · 716 sqftEira Residences · Dubai Production City (IMPZ) | 26 Aug |
| AED 993K | 1 BR Apartment · 716 sqftEira Residences · Dubai Production City (IMPZ) | 14 Oct |
Questions about Neoterra Real Estate Development
What is the average price per sqft in Neoterra Real Estate Development?
The median sale price in Neoterra Real Estate Development over the last three months was AED 1,626 per sqft (median sale AED 584K), based on 34 sales registered with Dubai Land Department.
How many properties were sold in Neoterra Real Estate Development in the last year?
47 sales worth AED 44.7M were registered in the last 12 months: 100% developer off-plan, 0% 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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