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Market bulletin · Thu, 22 Oct 2026
Ghalia By Damac: 2 sales worth AED 1.38M in 30 days
Ghalia By Damac recorded 2 sales worth AED 1.38M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 688K, or AED 1,105/sqft. Monthly medians over the past year ranged from AED 1,120/sqft to AED 1,290/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Ghalia By Damac ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.
Leases registered in the last three months had a median annual rent of AED 45K. The best gross yield is on Studio apartments at about 8.2%.
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 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,120 |
| Jan 26 | AED 1,158 |
| Dec 25 | AED 1,210 |
| Nov 25 | — |
| Oct 25 | AED 1,290 |
| Sept 25 | AED 1,031 |
| Aug 25 | — |
| Jul 25 | AED 1,245 |
| Jun 25 | — |
| May 25 | AED 1,234 |
| Apr 25 | — |
| Mar 25 | AED 1,156 |
| Feb 25 | AED 1,110 |
| Jan 25 | AED 1,106 |
| Dec 24 | AED 993 |
| Nov 24 | AED 1,081 |
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 | 1 |
| Aug 26 | 0 | 0 | 4 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 5 |
| Jan 26 | 0 | 0 | 11 |
| Dec 25 | 0 | 0 | 10 |
| Nov 25 | 0 | 0 | 2 |
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 | 2 | down 33.3% | AED 1.38M | — | — |
| Last 3 months | 8 | up 33.3% | AED 5.55M | 1,105 | down 10.3% |
| Last 6 months | 14 | down 57.6% | AED 9.74M | 1,173 | down 0.2% |
| Last 12 months | 47 | down 60.8% | AED 32.8M | 1,175 | up 1.6% |
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) | 47 | 100% | AED 595K | 1,175 | up 1.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 27 | 57% | AED 550K | 1,248 | up 0.2% |
| 1 bedroom | 13 | 28% | AED 820K | 1,083 | up 4.0% |
| 2 bedrooms | 7 | 15% | AED 1.15M | 1,023 | up 0.3% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 41 | 87% | AED 595K | 1,186 | up 3.2% |
| Hotel apartments | 6 | 13% | AED 680K | 1,111 | down 9.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 47 | 100% | AED 595K | 1,175 | up 1.9% |
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 44K |
| Sept 26 | AED 50K |
| Aug 26 | AED 45K |
| Jul 26 | AED 53K |
| Jun 26 | AED 53K |
| May 26 | AED 45K |
| Apr 26 | AED 60K |
| Mar 26 | AED 50K |
| Feb 26 | AED 55K |
| Jan 26 | AED 50K |
| Dec 25 | AED 50K |
| Nov 25 | AED 58K |
| Oct 25 | AED 50K |
| Sept 25 | AED 48K |
| Aug 25 | AED 48K |
| Jul 25 | AED 54K |
| Jun 25 | AED 56K |
| May 25 | AED 52K |
| Apr 25 | AED 60K |
| Mar 25 | AED 50K |
| Feb 25 | AED 54K |
| Jan 25 | AED 50K |
| Dec 24 | AED 55K |
| Nov 24 | AED 53K |
- Leases (12M)
- 677
- New leases
- 57%
- Median rent 3M
- AED 45K
- Rent/sqft 3M
- AED 91
| Studio apartments | AED 45K / AED 550K | 8.2% |
|---|---|---|
| 1 BR apartments | AED 65K / AED 820K | 7.9% |
| 2 BR apartments | AED 85K / AED 1.15M | 7.4% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 344 | AED 45K | AED 46K | 104 |
| 1 BR | 123 | AED 65K | AED 65K | 87 |
| 2 BR | 54 | AED 85K | AED 84K | 76 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.00M | 2 BR Apartment · 1,128 sqftGhalia By Damac · Jumeirah Village Circle | 26 Aug |
| AED 830K | 1 BR Apartment · 767 sqftGhalia By Damac · Jumeirah Village Circle | 12 Aug |
| AED 806K | 1 BR Apartment · 835 sqftGhalia By Damac · Jumeirah Village Circle | 20 Aug |
| AED 760K | 1 BR Apartment · 755 sqftGhalia By Damac · Jumeirah Village Circle | 1 Oct |
| AED 615K | Studio Apartment · 449 sqftGhalia By Damac · Jumeirah Village Circle | 8 Oct |
| AED 525K | Studio Apartment · 443 sqftGhalia By Damac · Jumeirah Village Circle | 31 Aug |
Questions about Ghalia By Damac
What is the average price per sqft in Ghalia By Damac?
The median sale price in Ghalia By Damac over the last three months was AED 1,105 per sqft (median sale AED 688K), based on 8 sales registered with Dubai Land Department.
How many properties were sold in Ghalia By Damac in the last year?
47 sales worth AED 32.8M 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 Ghalia By Damac?
The median annual rent on leases registered in the last three months was AED 45K, and the best gross rental yield is about 8.2%.
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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