Market bulletin · Thu, 22 Oct 2026
SLS Dubai Hotel and Residences: 4 sales worth AED 9.00M in 30 days
SLS Dubai Hotel and Residences recorded 4 sales worth AED 9.00M in the 30 days to Thu, 22 Oct 2026, up 300.0% on the previous 30 days. Over the last week 2 sales were registered (AED 5.00M), against 1 the week before.
The median sale over the last three months was AED 2.00M, or AED 1,664/sqft. Monthly medians over the past year ranged from AED 2,032/sqft to AED 2,373/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, SLS Dubai Hotel and Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by WOW Investments.
Leases registered in the last three months had a median annual rent of AED 140K. The best gross yield is on Studio apartments at about 7.1%.
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 | AED 2,373 |
| Jan 26 | — |
| Dec 25 | AED 2,032 |
| Nov 25 | — |
| Oct 25 | AED 2,084 |
| Sept 25 | AED 2,074 |
| Aug 25 | AED 874 |
| Jul 25 | — |
| Jun 25 | AED 2,030 |
| May 25 | AED 2,212 |
| Apr 25 | — |
| Mar 25 | AED 1,970 |
| Feb 25 | AED 2,088 |
| Jan 25 | AED 1,910 |
| Dec 24 | AED 1,917 |
| Nov 24 | AED 2,272 |
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 | 0 |
| Aug 26 | 0 | 0 | 3 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 5 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 7 |
| Nov 25 | 0 | 0 | 3 |
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 | 4 | up 300.0% | AED 9.00M | — | — |
| Last 3 months | 7 | up 75.0% | AED 13.8M | 1,664 | — |
| Last 6 months | 11 | down 47.6% | AED 21.2M | 1,688 | down 19.7% |
| Last 12 months | 33 | down 74.6% | AED 67.8M | 1,998 | up 21.1% |
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) | 33 | 100% | AED 2.05M | 1,998 | up 21.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 8 | 24% | AED 1.34M | 2,090 | down 7.0% |
| 1 bedroom | 21 | 64% | AED 2.20M | 1,871 | up 33.3% |
| 2 bedrooms | 4 | 12% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 30 | 91% | AED 2.02M | 1,946 | up 39.8% |
| Hotel apartments | 3 | 9% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 14 | 42% | AED 1.34M | 2,028 | up 126.1% |
| AED 2M–10M | 19 | 58% | AED 2.35M | 1,877 | down 10.6% |
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 140K |
| Sept 26 | AED 140K |
| Aug 26 | AED 135K |
| Jul 26 | AED 153K |
| Jun 26 | AED 140K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 150K |
| Feb 26 | AED 167K |
| Jan 26 | AED 130K |
| Dec 25 | AED 150K |
| Nov 25 | AED 165K |
| Oct 25 | AED 170K |
| Sept 25 | AED 152K |
| Aug 25 | AED 170K |
| Jul 25 | — |
| Jun 25 | AED 160K |
| May 25 | AED 155K |
| Apr 25 | AED 168K |
| Mar 25 | AED 152K |
| Feb 25 | — |
| Jan 25 | AED 145K |
| Dec 24 | AED 132K |
| Nov 24 | AED 155K |
- Leases (12M)
- 245
- New leases
- 62.4%
- Median rent 3M
- AED 140K
- Rent/sqft 3M
- AED 132
| Studio apartments | AED 95K / AED 1.34M | 7.1% |
|---|---|---|
| 1 BR apartments | AED 157K / AED 2.20M | 7.1% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 41 | AED 95K | AED 93K | 147 |
| 1 BR | 132 | AED 157K | AED 160K | 134 |
| 2 BR | 30 | AED 273K | AED 270K | 144 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.00M | 2 BR Apartment · 1,919 sqftSLS Dubai Hotel and Residences · Business Bay | 22 Oct |
| AED 2.10M | 1 BR Apartment · 1,203 sqftSLS Dubai Hotel and Residences · Business Bay | 1 Oct |
| AED 2.00M | 1 BR Apartment · 1,194 sqftSLS Dubai Hotel and Residences · Business Bay | 5 Aug |
| AED 2.00M | 1 BR Apartment · 1,202 sqftSLS Dubai Hotel and Residences · Business Bay | 21 Oct |
| AED 1.90M | 1 BR Apartment · 1,163 sqftSLS Dubai Hotel and Residences · Business Bay | 9 Oct |
| AED 1.70M | 1 BR Apartment · 1,060 sqftSLS Dubai Hotel and Residences · Business Bay | 5 Aug |
Questions about SLS Dubai Hotel and Residences
What is the average price per sqft in SLS Dubai Hotel and Residences?
The median sale price in SLS Dubai Hotel and Residences over the last three months was AED 1,664 per sqft (median sale AED 2.00M), based on 7 sales registered with Dubai Land Department.
How many properties were sold in SLS Dubai Hotel and Residences in the last year?
33 sales worth AED 67.8M 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 SLS Dubai Hotel and Residences?
The median annual rent on leases registered in the last three months was AED 140K, and the best gross rental yield is about 7.1%.
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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