Skip to content

Project · #247 by 12M value

Nad Al Sheba Gardens 2

Nad Al Shiba First · Meraas Development

Median price per sqft · last 3 months

AED 1,679 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
3

Market bulletin · Thu, 22 Oct 2026

Nad Al Sheba Gardens 2: 3 sales worth AED 17.4M in 30 days

Nad Al Sheba Gardens 2 recorded 3 sales worth AED 17.4M in the 30 days to Thu, 22 Oct 2026, up 50.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 2 the week before.

The median sale over the last three months was AED 6.50M, or AED 1,679/sqft.

By market over 12 months: off-plan resales 39.4%, secondary (ready) sales 60.6%.

In Nad Al Shiba First, Nad Al Sheba Gardens 2 ranked #7 of 11 leading projects by 12-month sales value; it is developed by Meraas Development. Its first registered sale was on 19 September 2025.

Leases registered in the last three months had a median annual rent of AED 395K. The best gross yield is on 3 BR villas & townhouses at about 5.6%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26AED 1,778
Jun 26—
May 26—
Apr 26—
Mar 26AED 1,704
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26003
Aug 26003
Jul 26005
Jun 26002
May 26000
Apr 26000
Mar 26033
Feb 26011
Jan 26031
Dec 25020
Nov 25040

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month3up 50.0%AED 17.4M——
Last 3 months9up 50.0%AED 57.4M1,679up 1.7%
Last 6 months15down 16.7%AED 98.3M1,679down 17.4%
Last 12 months33up 450.0%AED 245M1,796up 1.2%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan resale1339%AED 7.20M2,046—
Secondary (ready)2061%AED 5.83M1,678—
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
3 bedrooms2576%AED 6.00M1,679down 5.4%
4 bedrooms824%AED 12.0M2,346—
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M13%———
AED 2M–10M2473%AED 6.13M1,678down 5.4%
AED 10M–50M824%AED 12.0M2,346—

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26AED 400K
Aug 26AED 390K
Jul 26AED 300K
Jun 26AED 362K
May 26—
Apr 26—
Mar 26AED 348K
Feb 26AED 400K
Jan 26—
Dec 25—
Leases (12M)
100
New leases
97%
Median rent 3M
AED 395K
Rent/sqft 3M
AED 94
Gross yield
3 BR villas & townhousesAED 320K / AED 5.70M5.6%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
3 BR52AED 320KAED 320K99
4 BR18AED 500KAED 500K98

Competing projects in Nad Al Shiba First

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Nad Al Sheba Gardens 11Meraas Development1952,136—
Nad Al Sheba Gardens 10Meraas Development1432,352—
Nad Al Sheba Gardens 8Meraas Development772,635—
Nad Al Sheba Gardens 9Meraas Development392,527—
NAS Gardens (Nad Al Sheba Gardens)Meraas Development331,999—
Nad Al Sheba Gardens331,966—
Nad Al Sheba Gardens 4Al Qudra Real Estate211,864—
Nad Al Sheba Gardens 3Meraas Development211,814—
Nad Al Sheba Gardens 5Meraas Development151,711—
Nad Al Sheba Gardens 7Meraas Development101,711—

Biggest sales, last 3 months

Biggest sales in Nad Al Sheba Gardens 2
PricePropertyDate
AED 10.8M4 BR Villa · 4,973 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First27 Jul
AED 9.00M3 BR Villa · 4,519 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First10 Sept
AED 6.95M3 BR Villa · 3,870 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First9 Oct
AED 6.50M3 BR Villa · 3,879 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First3 Aug
AED 6.50M3 BR Villa · 3,870 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First7 Sept
AED 5.70M3 BR Villa · 3,779 sqftNad Al Sheba Gardens 2 · Nad Al Shiba First7 Aug

Questions about Nad Al Sheba Gardens 2

What is the average price per sqft in Nad Al Sheba Gardens 2?

The median sale price in Nad Al Sheba Gardens 2 over the last three months was AED 1,679 per sqft (median sale AED 6.50M), based on 9 sales registered with Dubai Land Department.

How many properties were sold in Nad Al Sheba Gardens 2 in the last year?

33 sales worth AED 245M were registered in the last 12 months: 0% developer off-plan, 39% off-plan resales and 61% secondary (ready) sales.

What is the average rent in Nad Al Sheba Gardens 2?

The median annual rent on leases registered in the last three months was AED 395K, and the best gross rental yield is about 5.6%.

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.

BT AI Market Desk

Get every brief in your inbox

Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.