Project · #2787 by 12M value
MYKA Residence
Dubai Production City (IMPZ) · Myka Luxe Real Estate Development
Market bulletin · Thu, 22 Oct 2026
MYKA Residence: 2 sales worth AED 1.21M in 30 days
MYKA Residence recorded 2 sales worth AED 1.21M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 1 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Production City (IMPZ), MYKA Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Myka Luxe Real Estate Development.
Leases registered in the last three months had a median annual rent of AED 49K. The best gross yield is on 1 BR apartments at about 7.5%.
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 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 1,148 |
| Dec 24 | — |
| 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 | 2 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 2 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 1 |
| 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 | up 100.0% | AED 1.21M | — | — |
| Last 3 months | 4 | unchanged 0.0% | AED 3.61M | — | — |
| Last 6 months | 8 | up 33.3% | AED 8.24M | 1,255 | down 4.9% |
| Last 12 months | 14 | down 39.1% | AED 14.4M | 1,255 | up 4.6% |
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) | 14 | 100% | AED 1.06M | 1,255 | up 4.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 4 | 29% | — | — | — |
| 1 bedroom | 8 | 57% | AED 1.09M | 1,183 | up 6.1% |
| 2 bedrooms | 2 | 14% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 14 | 100% | AED 1.06M | 1,255 | up 4.6% |
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 47K |
| Sept 26 | AED 48K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 54K |
| Oct 25 | AED 54K |
| Sept 25 | — |
| Aug 25 | AED 76K |
| Jul 25 | — |
| Jun 25 | AED 50K |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 80
- New leases
- 52.5%
- Median rent 3M
- AED 49K
- Rent/sqft 3M
- AED 103
| 1 BR apartments | AED 82K / AED 1.09M | 7.5% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 41 | AED 50K | AED 50K | 113 |
| 1 BR | 15 | AED 82K | — | 89 |
Competing projects in Dubai Production City (IMPZ)
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Samana Sky ViewsSamana Developers | 185 | 1,552 | — |
| Reef 996Reef Luxury Development | 168 | 1,670 | up 3.6% |
| Ivy at Park FiveDeyaar Development | 126 | 1,466 | — |
| Soul by VisionVision Developments - Vision Platinum Real Estate Development | 109 | 1,166 | — |
| Neem at Park FiveDeyaar Development | 78 | 1,328 | — |
| Ember at Park FiveDeyaar Development | 83 | 1,339 | — |
| Sera Gardens by VisionVision Developments - Vision Platinum Real Estate Development | 87 | 1,538 | up 2.2% |
| Binghatti EliteBinghatti | 111 | 1,544 | up 2.8% |
| Samana Resorts - Tower BSamana Developers | 76 | 1,371 | — |
| Samana Resorts - Tower ASamana Developers | 67 | 1,300 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.20M | 1 BR Apartment · 956 sqftMYKA Residence · Dubai Production City (IMPZ) | 28 Jul |
| AED 1.20M | 1 BR Apartment · 956 sqftMYKA Residence · Dubai Production City (IMPZ) | 26 Aug |
| AED 610K | Studio Apartment · 442 sqftMYKA Residence · Dubai Production City (IMPZ) | 1 Oct |
| AED 600K | Studio Apartment · 442 sqftMYKA Residence · Dubai Production City (IMPZ) | 14 Oct |
Questions about MYKA Residence
How many properties were sold in MYKA Residence in the last year?
14 sales worth AED 14.4M 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 MYKA Residence?
The median annual rent on leases registered in the last three months was AED 49K, and the best gross rental yield is about 7.5%.
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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