Skip to content

Developer · #282 by 12M value

New World Development

Median price per sqft · last 3 months

AED 1,296 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
1

Market bulletin · Thu, 22 Oct 2026

New World Development: 1 sales worth AED 890K in 30 days

New World Development recorded 1 sale worth AED 890K in the 30 days to Thu, 22 Oct 2026, down 50.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.

The median sale over the last three months was AED 3.60M, or AED 1,296/sqft. Monthly medians over the past year ranged from AED 1,029/sqft to AED 1,328/sqft.

By market over 12 months: developer off-plan sales 16.7%, secondary (ready) sales 83.3%.

New World Development registered 24 sales worth AED 50.5M in 12 months across 1 communities, ranking #282 among Dubai developers by value. Its most active project was Marwa Homes III (6 sales).

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26AED 1,029
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25AED 1,328
Oct 25AED 1,146
Sept 25AED 1,095
Aug 25—
Jul 25AED 1,206
Jun 25AED 1,132
May 25—
Apr 25AED 1,017
Mar 25—
Feb 25—
Jan 25—
Dec 24AED 885
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26002
Aug 26003
Jul 26006
Jun 26000
May 26102
Apr 26000
Mar 26002
Feb 26000
Jan 26000
Dec 25101
Nov 25203

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 month1down 50.0%AED 890K——
Last 3 months7unchanged 0.0%AED 17.6M1,296up 16.3%
Last 6 months14up 40.0%AED 31.0M1,211down 4.9%
Last 12 months24down 53.8%AED 50.5M1,249up 13.9%

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)417%———
Secondary (ready)2083%AED 1.13M1,210up 12.3%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio729%AED 525K1,264down 5.5%
1 bedroom28%———
2 bedrooms417%———
3 bedrooms1042%AED 3.80M1,312up 15.2%
4 bedrooms14%———
By property type (12M)
TypeSalesShareMedian priceAED/sqft1Y
Apartments1458%AED 740K1,168up 7.5%
Villas729%AED 3.95M1,286up 13.6%
Plots313%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1354%AED 590K1,185up 10.0%
AED 2M–10M1146%AED 3.65M1,296up 13.1%

Projects

By sales value, last 12 months

Top projects
ProjectSales 12MAED/sqft3M
Marwa Homes IIIJumeirah Village Circle6——
Marwa HeightsJumeirah Village Circle14——
Marwa Homes 4Jumeirah Village Circle2——

Where New World Development sells

Sales in this scope only, last 12 months

Top communities
CommunitySales 12MAED/sqftShare
Jumeirah Village Circle241,249100%

Biggest sales, last 3 months

Biggest sales in New World Development
PricePropertyDate
AED 4.10M3 BR Villa · 3,163 sqftMarwa Homes 4 · Jumeirah Village Circle30 Jul
AED 4.00M3 BR Plot · 1,668 sqftMarwa Homes III · Jumeirah Village Circle26 Aug
AED 3.60M3 BR Plot · 1,668 sqftMarwa Homes III · Jumeirah Village Circle1 Aug
AED 3.60M3 BR Plot · 1,668 sqftMarwa Homes III · Jumeirah Village Circle1 Aug
AED 910K1 BR Apartment · 813 sqftMarwa Heights · Jumeirah Village Circle4 Sept
AED 890K1 BR Apartment · 721 sqftMarwa Heights · Jumeirah Village Circle24 Sept

Questions about New World Development

What is the average price per sqft in New World Development?

The median sale price in New World Development over the last three months was AED 1,296 per sqft (median sale AED 3.60M), based on 7 sales registered with Dubai Land Department.

How many properties were sold in New World Development in the last year?

24 sales worth AED 50.5M were registered in the last 12 months: 17% developer off-plan, 0% off-plan resales and 83% 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.