Market bulletin · Thu, 22 Oct 2026
Contemporary Cluster 167: 5 sales worth AED 5.85M in 30 days
Contemporary Cluster 167 recorded 5 sales worth AED 5.85M in the 30 days to Thu, 22 Oct 2026, down 16.7% on the previous 30 days. Over the last week 1 sale was registered (AED 1.28M), against 0 the week before.
The median sale over the last three months was AED 1.15M, or AED 770/sqft. Monthly medians over the past year ranged from AED 730/sqft to AED 887/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Discovery Gardens, Contemporary Cluster 167 ranked #4 of 11 leading projects by 12-month sales value; it is developed by Nakheel. Its first registered sale was on 4 March 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 730 |
| Aug 26 | — |
| Jul 26 | AED 802 |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 887 |
| Mar 26 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 7 |
| Aug 26 | 0 | 0 | 4 |
| Jul 26 | 0 | 0 | 5 |
| Jun 26 | 0 | 0 | 4 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 8 |
| Mar 26 | 0 | 0 | 3 |
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 | 5 | down 16.7% | AED 5.85M | 764 | up 1.6% |
| Last 3 months | 14 | up 55.6% | AED 16.2M | 770 | down 10.5% |
| Last 6 months | 23 | up 109.1% | AED 27.0M | 790 | down 10.9% |
| Last 12 months | 34 | — | AED 39.5M | 814 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 34 | 100% | AED 1.20M | 814 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 4 | 12% | — | — | — |
| 2 bedrooms | 30 | 88% | AED 1.21M | 804 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 33 | 97% | AED 1.20M | 813 | — |
| AED 2M–10M | 1 | 3% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 75K |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 37
- New leases
- 13.5%
- Median rent 3M
- AED 0
- Rent/sqft 3M
- —
| 2 BR apartments | AED 77K / AED 1.21M | 6.4% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 2 BR | 24 | AED 77K | — | 52 |
Competing projects in Discovery Gardens
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Mogul Cluster 225Nakheel | 54 | 961 | — |
| Mogul Cluster 206Nakheel | 78 | 908 | down 5.0% |
| Mesoamerican Cluster 256Nakheel | 74 | 1,074 | — |
| Contemporary Cluster 128Nakheel | 23 | 923 | — |
| Contemporary Cluster 110Nakheel | 23 | 911 | — |
| Mogul Cluster 223Nakheel | 30 | 1,275 | — |
| Contemporary Cluster 113Nakheel | 19 | 900 | — |
| Contemporary Cluster 153Nakheel | 17 | 820 | — |
| Mogul Cluster 187Nakheel | 29 | 1,095 | — |
| Contemporary Cluster 132Nakheel | 13 | 893 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.28M | 2 BR Apartment · 1,583 sqftContemporary Cluster 167 · Discovery Gardens | 22 Oct |
| AED 1.25M | 2 BR Apartment · 1,583 sqftContemporary Cluster 167 · Discovery Gardens | 3 Aug |
| AED 1.21M | 2 BR Apartment · 1,583 sqftContemporary Cluster 167 · Discovery Gardens | 1 Oct |
| AED 1.20M | 2 BR Apartment · 1,547 sqftContemporary Cluster 167 · Discovery Gardens | 27 Jul |
| AED 1.20M | 2 BR Apartment · 1,587 sqftContemporary Cluster 167 · Discovery Gardens | 31 Aug |
| AED 1.20M | 2 BR Apartment · 1,465 sqftContemporary Cluster 167 · Discovery Gardens | 3 Sept |
Questions about Contemporary Cluster 167
What is the average price per sqft in Contemporary Cluster 167?
The median sale price in Contemporary Cluster 167 over the last three months was AED 770 per sqft (median sale AED 1.15M), based on 14 sales registered with Dubai Land Department.
How many properties were sold in Contemporary Cluster 167 in the last year?
34 sales worth AED 39.5M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% 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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