Developer · #6 by 12M value
Sobha Real Estate
Market bulletin · Thu, 22 Oct 2026
Sobha Real Estate: median AED 2,150/sqft, down 4.0% over three months on 760 sales
Sobha Real Estate recorded 280 sales worth AED 840M in the 30 days to Thu, 22 Oct 2026, down 20.2% on the previous 30 days. Over the last week 126 sales were registered (AED 368M), against 41 the week before.
The median sale over the last three months was AED 2.21M, or AED 2,150/sqft — like-for-like prices per sqft down 4.0% on the previous three months and up 9.6% on a year earlier. Monthly medians over the past year ranged from AED 2,006/sqft to AED 3,019/sqft.
By market over 12 months: developer off-plan sales 72.1%, off-plan resales 12.8%, secondary (ready) sales 15.1%. Off-plan resales traded at a median 20.2% discount to developer prices per sqft.
Sobha Real Estate registered 4,131 sales worth AED 11.00B in 12 months across 10+ communities, ranking #6 among Dubai developers by value. Its most active project was Tranquil at Sobha Central (381 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 2,277 |
| Sept 26 | AED 2,100 |
| Aug 26 | AED 2,006 |
| Jul 26 | AED 2,227 |
| Jun 26 | AED 2,395 |
| May 26 | AED 2,815 |
| Apr 26 | AED 3,019 |
| Mar 26 | AED 2,972 |
| Feb 26 | AED 2,326 |
| Jan 26 | AED 2,393 |
| Dec 25 | AED 2,417 |
| Nov 25 | AED 2,425 |
| Oct 25 | AED 2,300 |
| Sept 25 | AED 2,307 |
| Aug 25 | AED 2,275 |
| Jul 25 | AED 2,275 |
| Jun 25 | AED 2,030 |
| May 25 | AED 2,165 |
| Apr 25 | AED 2,160 |
| Mar 25 | AED 2,010 |
| Feb 25 | AED 2,165 |
| Jan 25 | AED 2,260 |
| Dec 24 | AED 2,205 |
| Nov 24 | AED 2,095 |
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 | AED 2,760 | AED 2,241 | AED 2,008 |
| Sept 26 | AED 2,200 | AED 2,290 | AED 1,942 |
| Aug 26 | AED 2,152 | AED 2,170 | AED 1,912 |
| Jul 26 | AED 2,904 | AED 2,243 | AED 1,987 |
| Jun 26 | AED 2,992 | AED 2,335 | AED 1,969 |
| May 26 | AED 3,100 | AED 2,126 | AED 2,011 |
| Apr 26 | AED 3,075 | AED 2,315 | AED 2,052 |
| Mar 26 | AED 2,997 | AED 2,076 | AED 2,040 |
| Feb 26 | AED 2,763 | AED 2,228 | AED 1,936 |
| Jan 26 | AED 2,653 | AED 2,050 | AED 2,183 |
| Dec 25 | AED 2,545 | AED 2,140 | AED 2,213 |
| Nov 25 | AED 2,515 | AED 2,095 | AED 2,184 |
| Oct 25 | AED 2,400 | AED 2,080 | AED 2,167 |
| Sept 25 | AED 2,415 | AED 2,080 | AED 1,984 |
| Aug 25 | AED 2,445 | AED 2,108 | AED 1,970 |
| Jul 25 | AED 2,300 | AED 2,326 | AED 1,970 |
| Jun 25 | AED 2,025 | AED 2,061 | AED 2,123 |
| May 25 | AED 2,200 | AED 2,079 | AED 2,150 |
| Apr 25 | AED 2,250 | AED 2,074 | AED 1,937 |
| Mar 25 | AED 2,025 | AED 1,935 | AED 1,919 |
| Feb 25 | AED 2,244 | AED 1,965 | AED 1,857 |
| Jan 25 | AED 2,360 | AED 1,980 | AED 1,766 |
| Dec 24 | AED 2,270 | AED 1,958 | AED 1,976 |
| Nov 24 | AED 2,175 | AED 2,091 | AED 1,884 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 137 | 54 | 32 |
| Sept 26 | 241 | 35 | 41 |
| Aug 26 | 104 | 15 | 45 |
| Jul 26 | 54 | 41 | 52 |
| Jun 26 | 52 | 26 | 36 |
| May 26 | 93 | 29 | 28 |
| Apr 26 | 366 | 46 | 29 |
| Mar 26 | 206 | 31 | 28 |
| Feb 26 | 102 | 46 | 83 |
| Jan 26 | 230 | 65 | 86 |
| Dec 25 | 476 | 70 | 69 |
| Nov 25 | 758 | 56 | 68 |
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 | 280 | down 20.2% | AED 840M | 2,300 | up 17.9% |
| Last 3 months | 760 | up 90.0% | AED 2.53B | 2,150 | down 13.8% |
| Last 6 months | 1,160 | down 60.1% | AED 3.69B | 2,275 | down 9.0% |
| Last 12 months | 4,131 | down 60.9% | AED 11.00B | 2,436 | up 13.3% |
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) | 2,980 | 72% | AED 2.09M | 2,725 | up 23.0% |
| Off-plan resale | 529 | 13% | AED 1.87M | 2,175 | up 3.7% |
| Secondary (ready) | 622 | 15% | AED 1.58M | 2,040 | up 3.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 31 | 1% | AED 950K | 1,766 | down 1.4% |
| 1 bedroom | 2,361 | 58% | AED 1.67M | 2,415 | up 17.2% |
| 2 bedrooms | 1,259 | 31% | AED 2.64M | 2,705 | up 11.5% |
| 3 bedrooms | 187 | 5% | AED 4.00M | 2,350 | down 3.3% |
| 4 bedrooms | 163 | 4% | AED 5.84M | 1,869 | up 3.9% |
| 5+ bedrooms | 93 | 2% | AED 11.0M | 1,899 | up 14.5% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 3,884 | 94% | AED 2.00M | 2,500 | up 15.6% |
| Villas | 209 | 5% | AED 8.10M | 1,775 | up 7.6% |
| Townhouses | 1 | 0% | — | — | — |
| Plots | 37 | 1% | AED 5.84M | 2,092 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1,903 | 46% | AED 1.46M | 2,200 | up 8.6% |
| AED 2M–10M | 2,145 | 52% | AED 2.62M | 2,685 | up 10.0% |
| AED 10M–50M | 81 | 2% | AED 12.6M | 2,010 | down 33.0% |
| AED 50M+ | 2 | 0% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Tranquil at Sobha CentralJebel Ali First | 381 | 2,977 | — |
| SkyVue AltierSobha Hartland 2 | 269 | 2,987 | down 0.6% |
| The Greens at Sobha SanctuarySobha Sanctuary | 90 | 1,775 | — |
| The Pinnacle at Sobha CentralJebel Ali First | 232 | 3,225 | down 1.0% |
| Sobha ElwoodThe Valley | 48 | 2,000 | — |
| Horizon at Sobha CentralJebel Ali First | 190 | 2,795 | — |
| Sobha EstatesSobha Hartland 2 | 11 | — | — |
| Crest GrandeSobha Hartland | 135 | 1,928 | down 0.9% |
| The Eden at Sobha CentralJebel Ali First | 153 | 2,900 | — |
| Mirage at Sobha CentralJebel Ali First | 139 | — | — |
| Skyscape AltiusSobha Hartland 2 | 102 | 2,608 | — |
| The Element at Sobha OneSobha Hartland | 87 | 2,523 | — |
| Skyvue StellarSobha Hartland 2 | 91 | — | — |
| The Brooks at Sobha SanctuarySobha Sanctuary | 46 | 1,775 | — |
| Skyscape AvenueSobha Hartland 2 | 111 | 2,400 | — |
Where Sobha Real Estate sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Jebel Ali First | 1,166 | 2,985 | 25.2% |
| Sobha Hartland 2 | 961 | 2,580 | 24.6% |
| Sobha Hartland | 841 | 2,070 | 19.1% |
| Sobha Sanctuary | 240 | 1,875 | 8.9% |
| Uptown Motorcity | 604 | 2,015 | 7.5% |
| The Valley | 48 | 1,914 | 4.7% |
| Ras Al Khor Industrial First | 156 | 2,300 | 2.9% |
| Dubai Harbour | 31 | 4,200 | 2.6% |
| District Eleven | 23 | 1,598 | 2% |
| Business Bay | 21 | 4,225 | 1% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 40.6M | 5+ BR Villa · 12,482 sqftSobha Estates · Sobha Hartland 2 | 4 Sept |
| AED 31.4M | 4 BR Apartment · 5,310 sqftSobha Seahaven - Tower A · Dubai Harbour | 7 Oct |
| AED 25.0M | 5+ BR Villa · 8,929 sqftSobha Hartland Villas · Sobha Hartland | 10 Aug |
| AED 22.0M | 5+ BR Villa · 4,817 sqftSobha Hartland Villas · Sobha Hartland | 6 Aug |
| AED 21.0M | 5+ BR Villa · 4,153 sqftSobha Hartland Villas Phase 1 · Sobha Hartland | 15 Oct |
| AED 18.4M | 5+ BR Villa · 8,467 sqftSobha Estates · Sobha Hartland 2 | 22 Aug |
Questions about Sobha Real Estate
What is the average price per sqft in Sobha Real Estate?
The median sale price in Sobha Real Estate over the last three months was AED 2,150 per sqft (median sale AED 2.21M), based on 760 sales registered with Dubai Land Department.
Are property prices in Sobha Real Estate going up?
Like-for-like prices per sqft are up 9.6% on a year earlier and down 4.0% on the previous three months.
How many properties were sold in Sobha Real Estate in the last year?
4,131 sales worth AED 11.00B were registered in the last 12 months: 72% developer off-plan, 13% off-plan resales and 15% 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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