Market bulletin · Thu, 22 Oct 2026
Nirvana Residence 1: 11 sales worth AED 11.6M in 30 days
Nirvana Residence 1 recorded 11 sales worth AED 11.6M in the 30 days to Thu, 22 Oct 2026, up 266.7% on the previous 30 days. Over the last week 10 sales were registered (AED 10.8M), against 0 the week before.
The median sale over the last three months was AED 794K, or AED 1,617/sqft.
By market over 12 months: developer off-plan sales 94.7%, off-plan resales 5.3%.
In Dubai Production City (IMPZ), Nirvana Residence 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Meraki Developers. Its first registered sale was on 11 June 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,483 |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 10 | 1 | 0 |
| Sept 26 | 3 | 0 | 0 |
| Aug 26 | 1 | 0 | 0 |
| Jul 26 | 2 | 0 | 0 |
| Jun 26 | 2 | 0 | 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 | 11 | up 266.7% | AED 11.6M | 1,483 | — |
| Last 3 months | 16 | up 433.3% | AED 16.8M | 1,617 | — |
| Last 6 months | 19 | — | AED 19.8M | 1,650 | — |
| Last 12 months | 19 | — | AED 19.8M | 1,650 | — |
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) | 18 | 95% | AED 794K | 1,650 | — |
| Off-plan resale | 1 | 5% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 11 | 58% | AED 755K | 1,696 | — |
| 1 bedroom | 3 | 16% | — | — | — |
| 2 bedrooms | 5 | 26% | AED 1.63M | 1,337 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 19 | 100% | AED 793K | 1,650 | — |
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 1.70M | 2 BR Apartment · 1,216 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 19 Oct |
| AED 1.68M | 2 BR Apartment · 1,216 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 19 Oct |
| AED 1.58M | 2 BR Apartment · 1,243 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 27 Jul |
| AED 1.57M | 2 BR Apartment · 1,229 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 19 Oct |
| AED 1.23M | 1 BR Apartment · 776 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 21 Sept |
| AED 1.20M | 1 BR Apartment · 883 sqftNirvana Residence 1 · Dubai Production City (IMPZ) | 20 Oct |
Questions about Nirvana Residence 1
What is the average price per sqft in Nirvana Residence 1?
The median sale price in Nirvana Residence 1 over the last three months was AED 1,617 per sqft (median sale AED 794K), based on 16 sales registered with Dubai Land Department.
How many properties were sold in Nirvana Residence 1 in the last year?
19 sales worth AED 19.8M were registered in the last 12 months: 95% developer off-plan, 5% off-plan resales and 0% 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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