Market bulletin · Thu, 22 Oct 2026
Sobha Elwood: 6 sales worth AED 69.8M in 30 days
Sobha Elwood recorded 6 sales worth AED 69.8M in the 30 days to Thu, 22 Oct 2026, down 25.0% on the previous 30 days. Over the last week 3 sales were registered (AED 34.9M), against 1 the week before.
The median sale over the last three months was AED 11.6M, or AED 2,000/sqft — like-for-like prices per sqft up 24.1% on a year earlier. Monthly medians over the past year ranged from AED 1,646/sqft to AED 2,000/sqft.
By market over 12 months: developer off-plan sales 93.8%, off-plan resales 6.3%.
In The Valley, Sobha Elwood ranked #3 of 11 leading projects by 12-month sales value; it is developed by Sobha Real Estate. Its first registered sale was on 13 June 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 2,000 |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 1,814 |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 1,646 |
| Sept 25 | AED 1,612 |
| Aug 25 | AED 1,650 |
| Jul 25 | AED 1,640 |
| Jun 25 | AED 1,648 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 4 | 0 | 0 |
| Sept 26 | 8 | 2 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 1 | 0 | 0 |
| Jun 26 | 2 | 0 | 0 |
| May 26 | 3 | 0 | 0 |
| Apr 26 | 13 | 0 | 0 |
| Mar 26 | 0 | 1 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 4 | 0 | 0 |
| Nov 25 | 4 | 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 | 6 | down 25.0% | AED 69.8M | 2,000 | unchanged 0.0% |
| Last 3 months | 15 | up 200.0% | AED 173M | 2,000 | unchanged 0.0% |
| Last 6 months | 20 | down 25.9% | AED 226M | 2,000 | up 13.9% |
| Last 12 months | 48 | down 76.2% | AED 521M | 1,914 | up 16.3% |
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) | 45 | 94% | AED 11.6M | 1,914 | up 16.3% |
| Off-plan resale | 3 | 6% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 14 | 40% | AED 9.61M | 1,939 | up 17.5% |
| 5+ bedrooms | 21 | 60% | AED 11.6M | 2,000 | up 25.0% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Villas | 35 | 73% | AED 11.5M | 2,000 | up 21.5% |
| Plots | 13 | 27% | AED 11.6M | 1,814 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 18 | 38% | AED 9.60M | 1,719 | up 4.4% |
| AED 10M–50M | 30 | 63% | AED 11.6M | 2,000 | up 21.2% |
Competing projects in The Valley
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| The Valley - VinderaEmaar Properties | 402 | 1,337 | — |
| The Valley - OvelleEmaar Properties | 74 | 1,652 | — |
| The Valley - Farm Gardens 2Emaar Properties | 26 | 1,069 | — |
| The Valley - NaraEmaar Properties | 68 | 1,457 | — |
| The Valley - AveliaEmaar Properties | 24 | 1,707 | — |
| The Valley - TaliaEmaar Properties | 56 | 1,487 | — |
| The Valley - OraniaEmaar Properties | 58 | 1,385 | — |
| The Valley - Farm GroveEmaar Properties | 23 | 1,332 | — |
| The Valley - EloraEmaar Properties | 47 | 1,267 | up 1.1% |
| The Valley - RivanaEmaar Properties | 33 | 1,119 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 14.4M | 5+ BR Villa · 7,193 sqftSobha Elwood · The Valley | 1 Sept |
| AED 14.4M | 5+ BR Villa · 7,193 sqftSobha Elwood · The Valley | 10 Sept |
| AED 11.6M | 5+ BR Villa · 5,819 sqftSobha Elwood · The Valley | 10 Sept |
| AED 11.6M | 5+ BR Villa · 5,821 sqftSobha Elwood · The Valley | 21 Sept |
| AED 11.6M | 5+ BR Villa · 5,821 sqftSobha Elwood · The Valley | 23 Sept |
| AED 11.6M | 5+ BR Villa · 5,821 sqftSobha Elwood · The Valley | 16 Oct |
Questions about Sobha Elwood
What is the average price per sqft in Sobha Elwood?
The median sale price in Sobha Elwood over the last three months was AED 2,000 per sqft (median sale AED 11.6M), based on 15 sales registered with Dubai Land Department.
Are property prices in Sobha Elwood going up?
Like-for-like prices per sqft are up 24.1% on a year earlier and flat over three months.
How many properties were sold in Sobha Elwood in the last year?
48 sales worth AED 521M were registered in the last 12 months: 94% developer off-plan, 6% 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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