Developer · #222 by 12M value
Vakson Group - Vakson First Property Development
Market bulletin · Thu, 22 Oct 2026
Vakson Group - Vakson First Property Development: 3 sales worth AED 3.98M in 30 days
Vakson Group - Vakson First Property Development recorded 3 sales worth AED 3.98M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 1 sale was registered (AED 1.45M), against 1 the week before.
The median sale over the last three months was AED 1.39M, or AED 1,263/sqft.
By market over 12 months: developer off-plan sales 81.6%, secondary (ready) sales 18.4%.
Vakson Group - Vakson First Property Development registered 38 sales worth AED 77.4M in 12 months across 2 communities, ranking #222 among Dubai developers by value. Its most active project was Riva Residence (12 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 1,239 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 2,000 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 2,007 |
| Jun 25 | — |
| May 25 | AED 2,050 |
| Apr 25 | AED 2,062 |
| Mar 25 | AED 2,002 |
| Feb 25 | — |
| Jan 25 | AED 2,001 |
| Dec 24 | AED 2,000 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 0 | 1 |
| Sept 26 | 2 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 3 | 0 | 1 |
| Jun 26 | 14 | 0 | 1 |
| May 26 | 4 | 0 | 0 |
| Apr 26 | 2 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 1 | 0 | 0 |
| Nov 25 | 2 | 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 | 3 | up 200.0% | AED 3.98M | — | — |
| Last 3 months | 5 | down 77.3% | AED 6.52M | 1,263 | unchanged 0.0% |
| Last 6 months | 27 | up 170.0% | AED 41.4M | 1,263 | down 44.2% |
| Last 12 months | 38 | down 53.7% | AED 77.4M | 1,287 | down 37.2% |
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) | 31 | 82% | AED 1.39M | 1,264 | down 38.3% |
| Secondary (ready) | 7 | 18% | AED 3.90M | 2,354 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 20 | 53% | AED 1.12M | 1,246 | down 37.7% |
| 2 bedrooms | 11 | 29% | AED 1.66M | 1,294 | down 36.9% |
| 3 bedrooms | 7 | 18% | AED 4.90M | 2,224 | up 0.1% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 28 | 74% | AED 1.14M | 1,263 | down 36.9% |
| AED 2M–10M | 10 | 26% | AED 4.40M | 2,265 | up 9.2% |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Riva ResidenceDubai Maritime City | 12 | — | — |
| Timber TerraceDubai South Residential District | 26 | — | — |
Where Vakson Group - Vakson First Property Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubai Maritime City | 12 | 2,265 | 55% |
| Dubai South Residential District | 26 | 1,258 | 45% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.45M | 1 BR Apartment · 811 sqftRiva Residence · Dubai Maritime City | 16 Oct |
| AED 1.42M | 2 BR Apartment · 1,128 sqftTimber Terrace · Dubai South Residential District | 12 Sept |
| AED 1.39M | 2 BR Apartment · 1,128 sqftTimber Terrace · Dubai South Residential District | 28 Sept |
| AED 1.14M | 1 BR Apartment · 891 sqftTimber Terrace · Dubai South Residential District | 14 Oct |
| AED 1.12M | 1 BR Apartment · 891 sqftTimber Terrace · Dubai South Residential District | 27 Jul |
Questions about Vakson Group - Vakson First Property Development
What is the average price per sqft in Vakson Group - Vakson First Property Development?
The median sale price in Vakson Group - Vakson First Property Development over the last three months was AED 1,263 per sqft (median sale AED 1.39M), based on 5 sales registered with Dubai Land Department.
How many properties were sold in Vakson Group - Vakson First Property Development in the last year?
38 sales worth AED 77.4M were registered in the last 12 months: 82% developer off-plan, 0% off-plan resales and 18% 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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