Market bulletin · Thu, 22 Oct 2026
Malta 2: median AED 1,191/sqft, up 8.5% over three months on 16 sales
Malta 2 recorded 6 sales worth AED 16.1M in the 30 days to Thu, 22 Oct 2026, down 14.3% on the previous 30 days. Over the last week 3 sales were registered (AED 7.85M), against 1 the week before.
The median sale over the last three months was AED 2.65M, or AED 1,191/sqft — like-for-like prices per sqft up 8.5% on the previous three months. Monthly medians over the past year ranged from AED 1,100/sqft to AED 1,171/sqft.
By market over 12 months: off-plan resales 28.6%, secondary (ready) sales 71.4%.
In Damac Lagoons, Malta 2 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 140K. The best gross yield is on 4 BR villas & townhouses at about 5.5%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,193 |
| Sept 26 | AED 1,171 |
| Aug 26 | — |
| Jul 26 | AED 1,148 |
| Jun 26 | AED 1,100 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,133 |
| Oct 25 | — |
| Sept 25 | AED 1,157 |
| Aug 25 | — |
| Jul 25 | AED 1,034 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 1,021 |
| Mar 25 | — |
| Feb 25 | AED 639 |
| Jan 25 | AED 954 |
| Dec 24 | AED 939 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 6 |
| Sept 26 | 0 | 0 | 7 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 6 |
| Jun 26 | 0 | 0 | 7 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 2 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 1 | 0 |
| Jan 26 | 0 | 2 | 0 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 0 | 6 | 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 | 6 | down 14.3% | AED 16.1M | 1,193 | up 1.9% |
| Last 3 months | 16 | up 6.7% | AED 43.4M | 1,191 | up 8.3% |
| Last 6 months | 31 | up 181.8% | AED 89.9M | 1,148 | down 5.4% |
| Last 12 months | 42 | down 17.6% | AED 123M | 1,158 | up 14.4% |
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 resale | 12 | 29% | AED 3.04M | 1,199 | up 16.0% |
| Secondary (ready) | 30 | 71% | AED 2.58M | 1,148 | up 263.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 33 | 79% | AED 2.58M | 1,162 | up 12.4% |
| 5+ bedrooms | 9 | 21% | AED 3.75M | 1,131 | up 19.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 2% | — | — | — |
| AED 2M–10M | 41 | 98% | AED 2.65M | 1,162 | up 12.4% |
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 143K |
| Sept 26 | AED 140K |
| Aug 26 | AED 140K |
| Jul 26 | AED 142K |
| Jun 26 | AED 140K |
| May 26 | — |
- Leases (12M)
- 107
- New leases
- 100%
- Median rent 3M
- AED 140K
- Rent/sqft 3M
- AED 63
| 4 BR villas & townhouses | AED 140K / AED 2.55M | 5.5% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 4 BR | 87 | AED 140K | AED 140K | 63 |
| 5+ BR | 10 | AED 197K | AED 197K | 59 |
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% |
| Malta 1Damac Properties | 65 | 1,161 | up 8.2% |
| Costa Brava 2Damac Properties | 63 | 1,213 | — |
| Nice 1Damac Properties | 54 | 1,200 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.75M | 5+ BR Villa · 3,315 sqftMalta 2 · Damac Lagoons | 20 Aug |
| AED 2.90M | 4 BR Villa · 2,221 sqftMalta 2 · Damac Lagoons | 9 Oct |
| AED 2.75M | 4 BR Villa · 2,221 sqftMalta 2 · Damac Lagoons | 8 Oct |
| AED 2.70M | 4 BR Villa · 2,221 sqftMalta 2 · Damac Lagoons | 4 Sept |
| AED 2.70M | 4 BR Villa · 2,221 sqftMalta 2 · Damac Lagoons | 10 Sept |
| AED 2.68M | 4 BR Villa · 2,221 sqftMalta 2 · Damac Lagoons | 14 Sept |
Questions about Malta 2
What is the average price per sqft in Malta 2?
The median sale price in Malta 2 over the last three months was AED 1,191 per sqft (median sale AED 2.65M), based on 16 sales registered with Dubai Land Department.
How many properties were sold in Malta 2 in the last year?
42 sales worth AED 123M were registered in the last 12 months: 0% developer off-plan, 29% off-plan resales and 71% secondary (ready) sales.
What is the average rent in Malta 2?
The median annual rent on leases registered in the last three months was AED 140K, and the best gross rental yield is about 5.5%.
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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