Market bulletin · Thu, 22 Oct 2026
Elan: 1 sales worth AED 3.85M in 30 days
Elan recorded 1 sale worth AED 3.85M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 1 sale was registered (AED 3.85M), against 0 the week before.
The median sale over the last three months was AED 4.03M, or AED 1,733/sqft. Monthly medians over the past year ranged from AED 1,765/sqft to AED 1,891/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Tilal Al Ghaf, Elan ranked #7 of 11 leading projects by 12-month sales value; it is developed by Majid Al Futtaim (MAF Group).
Leases registered in the last three months had a median annual rent of AED 195K; like-for-like rent per sqft is up 5.6% on the previous three months. The best gross yield is on 4 BR villas & townhouses at about 5.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 1,765 |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 1,879 |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 1,774 |
| Nov 25 | — |
| Oct 25 | AED 1,891 |
| Sept 25 | AED 1,496 |
| Aug 25 | AED 1,580 |
| Jul 25 | AED 1,704 |
| Jun 25 | AED 1,704 |
| May 25 | AED 1,692 |
| Apr 25 | AED 1,412 |
| Mar 25 | AED 1,354 |
| Feb 25 | AED 1,326 |
| Jan 25 | AED 1,445 |
| Dec 24 | AED 1,459 |
| Nov 24 | AED 1,392 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 10 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 4 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 8 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 6 |
| Dec 25 | 0 | 0 | 9 |
| Nov 25 | 0 | 0 | 4 |
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 | 1 | unchanged 0.0% | AED 3.85M | — | — |
| Last 3 months | 9 | down 10.0% | AED 32.1M | 1,733 | up 1.2% |
| Last 6 months | 19 | down 44.1% | AED 72.0M | 1,713 | down 7.7% |
| Last 12 months | 53 | down 68.8% | AED 206M | 1,821 | up 20.4% |
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) | 53 | 100% | AED 4.03M | 1,821 | up 20.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 3 bedrooms | 24 | 45% | AED 3.83M | 1,797 | up 27.0% |
| 4 bedrooms | 29 | 55% | AED 4.45M | 1,880 | up 17.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 3 | 6% | — | — | — |
| AED 2M–10M | 50 | 94% | AED 4.06M | 1,821 | up 20.3% |
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 | AED 207K |
| Sept 26 | AED 190K |
| Aug 26 | AED 193K |
| Jul 26 | AED 190K |
| Jun 26 | AED 200K |
| May 26 | AED 185K |
| Apr 26 | AED 203K |
| Mar 26 | AED 200K |
| Feb 26 | AED 206K |
| Jan 26 | AED 200K |
| Dec 25 | AED 200K |
| Nov 25 | AED 200K |
| Oct 25 | AED 203K |
| Sept 25 | AED 200K |
| Aug 25 | AED 210K |
| Jul 25 | AED 203K |
| Jun 25 | AED 210K |
| May 25 | AED 220K |
| Apr 25 | AED 215K |
| Mar 25 | AED 203K |
| Feb 25 | AED 200K |
| Jan 25 | AED 210K |
| Dec 24 | AED 181K |
| Nov 24 | AED 184K |
- Leases (12M)
- 603
- New leases
- 53.6%
- Median rent 3M
- AED 195K
- Rent/sqft 3M
- AED 89
| 3 BR villas & townhouses | AED 190K / AED 3.83M | 5.0% |
|---|---|---|
| 4 BR villas & townhouses | AED 230K / AED 4.45M | 5.2% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 3 BR | 349 | AED 190K | AED 190K | 89 |
| 4 BR | 141 | AED 230K | AED 235K | 97 |
Competing projects in Tilal Al Ghaf
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| AlayaMajid Al Futtaim (MAF Group) | 49 | 2,090 | — |
| LANAI IslandMajid Al Futtaim (MAF Group) | 5 | 3,013 | — |
| Elysian MansionsMajid Al Futtaim (MAF Group) | 13 | 2,118 | — |
| Serenity MansionsMajid Al Futtaim (MAF Group) | 11 | 2,562 | — |
| Aura GardensMajid Al Futtaim (MAF Group) | 67 | 1,911 | — |
| Harmony 3Majid Al Futtaim (MAF Group) | 19 | 2,339 | — |
| Harmony 1Majid Al Futtaim (MAF Group) | 18 | 2,406 | — |
| Harmony 2Majid Al Futtaim (MAF Group) | 12 | 2,634 | — |
| AmaraMajid Al Futtaim (MAF Group) | 17 | 1,570 | — |
| Aura 2Majid Al Futtaim (MAF Group) | 10 | 1,902 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.90M | 4 BR Villa · 2,380 sqftElan · Tilal Al Ghaf | 30 Jul |
| AED 4.20M | 4 BR Villa · 2,380 sqftElan · Tilal Al Ghaf | 14 Aug |
| AED 4.08M | 3 BR Villa · 2,142 sqftElan · Tilal Al Ghaf | 30 Jul |
| AED 4.05M | 4 BR Villa · 2,380 sqftElan · Tilal Al Ghaf | 7 Aug |
| AED 4.03M | 4 BR Villa · 2,380 sqftElan · Tilal Al Ghaf | 14 Sept |
| AED 3.85M | 3 BR Villa · 2,142 sqftElan · Tilal Al Ghaf | 20 Oct |
Questions about Elan
What is the average price per sqft in Elan?
The median sale price in Elan over the last three months was AED 1,733 per sqft (median sale AED 4.03M), based on 9 sales registered with Dubai Land Department.
How many properties were sold in Elan in the last year?
53 sales worth AED 206M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Elan?
The median annual rent on leases registered in the last three months was AED 195K, and the best gross rental yield is about 5.2%.
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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