Market bulletin · Thu, 22 Oct 2026
Binghatti Sky Terraces: median AED 1,660/sqft, down 3.6% over three months on 304 sales
Binghatti Sky Terraces recorded 118 sales worth AED 126M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 28 sales were registered (AED 29.7M), against 25 the week before.
The median sale over the last three months was AED 1.00M, or AED 1,660/sqft — like-for-like prices per sqft down 3.6% on the previous three months. Monthly medians over the past year ranged from AED 1,574/sqft to AED 2,089/sqft.
By market over 12 months: developer off-plan sales 99.2%, off-plan resales 0.8%.
In Business Park Motor City, Binghatti Sky Terraces ranked #2 of 11 leading projects by 12-month sales value; it is developed by Binghatti. Its first registered sale was on 19 February 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,502 |
| Sept 26 | AED 1,750 |
| Aug 26 | AED 1,574 |
| Jul 26 | AED 1,769 |
| Jun 26 | AED 1,934 |
| May 26 | — |
| Apr 26 | AED 1,808 |
| Mar 26 | AED 2,089 |
| Feb 26 | AED 2,059 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 101 | 0 | 0 |
| Sept 26 | 129 | 4 | 0 |
| Aug 26 | 59 | 0 | 0 |
| Jul 26 | 44 | 0 | 0 |
| Jun 26 | 59 | 0 | 0 |
| May 26 | 1 | 0 | 0 |
| Apr 26 | 28 | 0 | 0 |
| Mar 26 | 43 | 0 | 0 |
| Feb 26 | 14 | 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 | 118 | unchanged 0.0% | AED 126M | 1,502 | down 16.8% |
| Last 3 months | 304 | up 226.9% | AED 308M | 1,660 | down 14.2% |
| Last 6 months | 397 | up 367.1% | AED 396M | 1,741 | down 16.4% |
| Last 12 months | 482 | — | AED 483M | 1,802 | — |
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) | 478 | 99% | AED 868K | 1,802 | — |
| Off-plan resale | 4 | 1% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 275 | 57% | AED 815K | 2,081 | — |
| 1 bedroom | 182 | 38% | AED 1.10M | 1,496 | — |
| 2 bedrooms | 24 | 5% | AED 1.71M | 1,400 | — |
| 3 bedrooms | 1 | 0% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 475 | 99% | AED 866K | 1,813 | — |
| AED 2M–10M | 7 | 1% | AED 2.17M | 1,699 | — |
Competing projects in Business Park Motor City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Sierra by ImanIman Developers | 377 | 1,697 | down 3.3% |
| 15 CascadeIman Developers | 116 | 1,867 | — |
| Rabdan BuildingAl Fahim Group | 152 | 1,155 | — |
| Beverly GrandeHMB Homes Real Estate Development | 115 | 1,707 | — |
| Takaya Tower BUnion Properties | 50 | 1,932 | — |
| Takaya Tower CUnion Properties | 56 | 1,739 | — |
| Takaya Tower AUnion Properties | 42 | 1,818 | — |
| Ananda Residences BTiger Properties - Tiger Real Estate | 87 | 1,279 | — |
| Ananda Residences ATiger Properties - Tiger Real Estate | 74 | 1,335 | — |
| Mirdad OneUnion Properties | 19 | 1,874 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.00M | 2 BR Apartment · 1,262 sqftBinghatti Sky Terraces · Business Park Motor City | 12 Aug |
| AED 1.95M | 2 BR Apartment · 1,277 sqftBinghatti Sky Terraces · Business Park Motor City | 10 Sept |
| AED 1.80M | 2 BR Apartment · 2,016 sqftBinghatti Sky Terraces · Business Park Motor City | 24 Sept |
| AED 1.80M | 2 BR Apartment · 1,277 sqftBinghatti Sky Terraces · Business Park Motor City | 6 Oct |
| AED 1.75M | 2 BR Apartment · 2,067 sqftBinghatti Sky Terraces · Business Park Motor City | 19 Oct |
| AED 1.73M | 2 BR Apartment · 1,278 sqftBinghatti Sky Terraces · Business Park Motor City | 6 Oct |
Questions about Binghatti Sky Terraces
What is the average price per sqft in Binghatti Sky Terraces?
The median sale price in Binghatti Sky Terraces over the last three months was AED 1,660 per sqft (median sale AED 1.00M), based on 304 sales registered with Dubai Land Department.
How many properties were sold in Binghatti Sky Terraces in the last year?
482 sales worth AED 483M 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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