Market bulletin · Thu, 22 Oct 2026
Malta 1: median AED 1,161/sqft, up 8.2% over three months on 21 sales
Malta 1 recorded 5 sales worth AED 16.1M in the 30 days to Thu, 22 Oct 2026, down 28.6% on the previous 30 days. Over the last week 1 sale was registered (AED 3.73M), against 1 the week before.
The median sale over the last three months was AED 2.65M, or AED 1,161/sqft — like-for-like prices per sqft up 8.2% on the previous three months. Monthly medians over the past year ranged from AED 1,089/sqft to AED 1,185/sqft.
By market over 12 months: developer off-plan sales 4.6%, off-plan resales 47.7%, secondary (ready) sales 47.7%.
In Damac Lagoons, Malta 1 ranked #8 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 1,171 |
| Aug 26 | AED 1,185 |
| Jul 26 | AED 1,126 |
| Jun 26 | AED 1,089 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,144 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,144 |
| Oct 25 | — |
| Sept 25 | AED 1,089 |
| Aug 25 | AED 982 |
| Jul 25 | AED 1,012 |
| Jun 25 | AED 1,069 |
| May 25 | AED 994 |
| Apr 25 | AED 933 |
| Mar 25 | AED 968 |
| Feb 25 | AED 900 |
| Jan 25 | AED 961 |
| Dec 24 | AED 968 |
| Nov 24 | AED 1,288 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan resale | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | — | AED 1,126 |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | — |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | AED 1,089 | — |
| Aug 25 | — | — |
| Jul 25 | — | — |
| Jun 25 | AED 1,074 | — |
| May 25 | AED 994 | — |
| Apr 25 | — | — |
| Mar 25 | AED 995 | — |
| Feb 25 | — | — |
| Jan 25 | AED 968 | — |
| Dec 24 | AED 968 | — |
| Nov 24 | AED 1,320 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 4 |
| Sept 26 | 0 | 0 | 7 |
| Aug 26 | 0 | 0 | 6 |
| Jul 26 | 0 | 0 | 14 |
| Jun 26 | 0 | 8 | 0 |
| May 26 | 0 | 3 | 0 |
| Apr 26 | 1 | 2 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 7 | 0 |
| Jan 26 | 1 | 3 | 0 |
| Dec 25 | 1 | 3 | 0 |
| Nov 25 | 0 | 5 | 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 | 5 | down 28.6% | AED 16.1M | 1,124 | down 3.0% |
| Last 3 months | 21 | down 8.7% | AED 60.7M | 1,161 | up 5.5% |
| Last 6 months | 44 | up 109.5% | AED 133M | 1,126 | down 1.6% |
| Last 12 months | 65 | down 56.4% | AED 196M | 1,137 | up 14.8% |
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) | 3 | 5% | — | — | — |
| Off-plan resale | 31 | 48% | AED 2.58M | 1,131 | up 11.8% |
| Secondary (ready) | 31 | 48% | AED 2.70M | 1,139 | up 193.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 50 | 77% | AED 2.58M | 1,139 | up 12.5% |
| 5+ bedrooms | 15 | 23% | AED 3.50M | 1,056 | up 12.1% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 2% | — | — | — |
| AED 2M–10M | 62 | 95% | AED 2.61M | 1,135 | up 12.2% |
| AED 10M–50M | 2 | 3% | — | — | — |
Competing projects in Damac Lagoons
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Venice 1Damac Properties | 39 | 1,362 | — |
| PortofinoDamac Properties | 97 | 1,205 | up 4.6% |
| Valencia Tower B at Damac LagoonsDamac Properties | 250 | 1,630 | down 2.6% |
| Costa Brava 1Damac Properties | 65 | 1,291 | up 7.8% |
| Valencia Tower A at Damac LagoonsDamac Properties | 227 | 1,599 | down 3.2% |
| Santorini 1Damac Properties | 70 | 1,226 | — |
| Valencia Tower D at Damac LagoonsDamac Properties | 195 | 1,636 | down 4.2% |
| Costa Brava 2Damac Properties | 63 | 1,213 | — |
| Nice 1Damac Properties | 54 | 1,200 | — |
| Lagoon Views 13 BDamac Properties | 160 | 1,647 | down 3.0% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.90M | 5+ BR Villa · 3,315 sqftMalta 1 · Damac Lagoons | 3 Aug |
| AED 3.85M | 5+ BR Villa · 3,315 sqftMalta 1 · Damac Lagoons | 6 Oct |
| AED 3.73M | 5+ BR Villa · 3,315 sqftMalta 1 · Damac Lagoons | 20 Oct |
| AED 3.50M | 5+ BR Villa · 3,315 sqftMalta 1 · Damac Lagoons | 14 Oct |
| AED 3.47M | 5+ BR Villa · 3,315 sqftMalta 1 · Damac Lagoons | 7 Sept |
| AED 3.00M | 4 BR Villa · 2,221 sqftMalta 1 · Damac Lagoons | 17 Sept |
Questions about Malta 1
What is the average price per sqft in Malta 1?
The median sale price in Malta 1 over the last three months was AED 1,161 per sqft (median sale AED 2.65M), based on 21 sales registered with Dubai Land Department.
How many properties were sold in Malta 1 in the last year?
65 sales worth AED 196M were registered in the last 12 months: 5% developer off-plan, 48% off-plan resales and 48% 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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