Market bulletin · Thu, 22 Oct 2026
California Residences: 4 sales worth AED 5.64M in 30 days
California Residences recorded 4 sales worth AED 5.64M in the 30 days to Thu, 22 Oct 2026, down 77.8% on the previous 30 days. Over the last week 1 sale was registered (AED 1.47M), against 0 the week before.
The median sale over the last three months was AED 1.46M, or AED 1,278/sqft — like-for-like prices per sqft down 11.5% on a year earlier. Monthly medians over the past year ranged from AED 1,150/sqft to AED 1,478/sqft.
By market over 12 months: developer off-plan sales 91.3%, off-plan resales 8.7%. Off-plan resales traded at a median 1.8% premium to developer prices per sqft.
In City of Arabia, California Residences ranked #1 of 11 leading projects by 12-month sales value; it is developed by GFH Financial Group. Its first registered sale was on 24 September 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 1,300 |
| Aug 26 | AED 1,150 |
| Jul 26 | — |
| Jun 26 | AED 1,398 |
| May 26 | — |
| Apr 26 | AED 1,439 |
| Mar 26 | AED 1,444 |
| Feb 26 | AED 1,436 |
| Jan 26 | AED 1,432 |
| Dec 25 | AED 1,478 |
| Nov 25 | AED 1,435 |
| Oct 25 | AED 1,427 |
| Sept 25 | AED 1,435 |
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 |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | AED 1,300 | — |
| Aug 26 | AED 1,150 | — |
| Jul 26 | — | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | AED 1,439 | — |
| Mar 26 | — | AED 1,444 |
| Feb 26 | AED 1,436 | — |
| Jan 26 | AED 1,432 | — |
| Dec 25 | AED 1,478 | — |
| Nov 25 | AED 1,435 | — |
| Oct 25 | AED 1,449 | — |
| Sept 25 | AED 1,435 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 0 | 0 |
| Sept 26 | 14 | 1 | 0 |
| Aug 26 | 10 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 9 | 0 | 0 |
| May 26 | 2 | 0 | 0 |
| Apr 26 | 20 | 0 | 0 |
| Mar 26 | 0 | 11 | 0 |
| Feb 26 | 24 | 1 | 0 |
| Jan 26 | 15 | 0 | 0 |
| Dec 25 | 10 | 0 | 0 |
| Nov 25 | 32 | 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 | 4 | down 77.8% | AED 5.64M | — | — |
| Last 3 months | 26 | up 136.4% | AED 38.0M | 1,278 | down 8.6% |
| Last 6 months | 37 | down 67.3% | AED 55.8M | 1,300 | down 9.7% |
| Last 12 months | 150 | up 400.0% | AED 226M | 1,422 | down 0.6% |
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) | 137 | 91% | AED 1.54M | 1,419 | down 1.5% |
| Off-plan resale | 13 | 9% | AED 1.67M | 1,444 | up 3.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 50 | 33% | AED 1.14M | 1,464 | up 1.0% |
| 2 bedrooms | 88 | 59% | AED 1.66M | 1,412 | up 1.2% |
| 3 bedrooms | 12 | 8% | AED 1.89M | 1,428 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 143 | 95% | AED 1.54M | 1,421 | down 0.7% |
| AED 2M–10M | 7 | 5% | AED 2.41M | 1,484 | — |
Competing projects in City of Arabia
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Azizi Milan 20Azizi Developments | 252 | 1,610 | down 0.5% |
| Azizi Milan Heights GAzizi Developments | 245 | 1,765 | up 1.0% |
| Azizi Milan Heights FAzizi Developments | 180 | 1,793 | down 1.0% |
| Azizi Milan 30Azizi Developments | 164 | 1,618 | — |
| California Village Phase 1Gulf Finance House BSC | 26 | 1,348 | — |
| Arancia Yards 2 By Beyond - Building D | 69 | 1,411 | — |
| Azizi Milan 55Azizi Developments | 144 | 1,711 | down 0.4% |
| Azizi Milan 51Azizi Developments | 132 | 1,747 | up 0.1% |
| Azizi Milan Heights HAzizi Developments | 130 | 1,738 | up 0.8% |
| Azizi Milan 9Azizi Developments | 104 | 1,794 | up 5.3% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.42M | 3 BR Apartment · 1,700 sqftCalifornia Residences · City of Arabia | 17 Sept |
| AED 1.96M | 2 BR Apartment · 1,351 sqftCalifornia Residences · City of Arabia | 3 Aug |
| AED 1.84M | 2 BR Apartment · 1,367 sqftCalifornia Residences · City of Arabia | 14 Sept |
| AED 1.75M | 2 BR Apartment · 1,349 sqftCalifornia Residences · City of Arabia | 17 Sept |
| AED 1.72M | 2 BR Apartment · 1,349 sqftCalifornia Residences · City of Arabia | 23 Sept |
| AED 1.62M | 2 BR Apartment · 1,075 sqftCalifornia Residences · City of Arabia | 17 Sept |
Questions about California Residences
What is the average price per sqft in California Residences?
The median sale price in California Residences over the last three months was AED 1,278 per sqft (median sale AED 1.46M), based on 26 sales registered with Dubai Land Department.
Are property prices in California Residences going up?
Like-for-like prices per sqft are down 11.5% on a year earlier and flat over three months.
How many properties were sold in California Residences in the last year?
150 sales worth AED 226M were registered in the last 12 months: 91% developer off-plan, 9% 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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