Market bulletin · Thu, 22 Oct 2026
The Cape Building 2: 3 sales worth AED 13.3M in 30 days
The Cape Building 2 recorded 3 sales worth AED 13.3M in the 30 days to Thu, 22 Oct 2026. Over the last week 2 sales were registered (AED 9.96M), against 0 the week before.
By market over 12 months: developer off-plan sales 100%.
In Al Barari, The Cape Building 2 ranked #5 of 11 leading projects by 12-month sales value; it is developed by Abwab Real Estate Ltd.Co. Its first registered sale was on 25 February 2026.
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 | AED 2,936 |
| Feb 26 | AED 2,960 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 3 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 2 | 0 | 0 |
| Apr 26 | 1 | 0 | 0 |
| Mar 26 | 16 | 0 | 0 |
| Feb 26 | 13 | 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 | 3 | — | AED 13.3M | — | — |
| Last 3 months | 3 | up 50.0% | AED 13.3M | — | — |
| Last 6 months | 5 | down 83.3% | AED 20.3M | 2,870 | down 2.9% |
| Last 12 months | 35 | — | AED 200M | 2,941 | — |
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) | 35 | 100% | AED 5.63M | 2,941 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 11 | 31% | AED 3.55M | 2,928 | — |
| 2 bedrooms | 13 | 37% | AED 5.63M | 2,956 | — |
| 3 bedrooms | 9 | 26% | AED 7.20M | 2,976 | — |
| 4 bedrooms | 2 | 6% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 33 | 94% | AED 5.58M | 2,939 | — |
| AED 10M–50M | 2 | 6% | — | — | — |
Competing projects in Al Barari
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Al Barari VillasAl Barari Development | 15 | 2,849 | — |
| Al Barari The NestAl Barari Development | 9 | 6,114 | — |
| The Cape Building 1Abwab Real Estate Ltd.Co | 53 | 2,961 | — |
| Ixora Villas at Al BarariAl Barari Development | 29 | 1,809 | — |
| Chorisia Villas 1Al Barari Development | 6 | 2,175 | — |
| The Cape Building 3Abwab Real Estate Ltd.Co | 14 | 2,724 | — |
| Lunaria Al BarariAl Barari Development | 2 | — | — |
| Seventh HeavenAl Barari Development | 10 | 1,724 | — |
| Chorisia Villas 2Al Barari Development | 3 | — | — |
| Chorisia VillasAl Barari Development | 2 | — | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 6.42M | 3 BR Apartment · 2,420 sqftThe Cape Building 2 · Al Barari | 16 Oct |
| AED 3.54M | 1 BR Apartment · 1,218 sqftThe Cape Building 2 · Al Barari | 21 Oct |
| AED 3.34M | 1 BR Apartment · 1,207 sqftThe Cape Building 2 · Al Barari | 7 Oct |
Questions about The Cape Building 2
How many properties were sold in The Cape Building 2 in the last year?
35 sales worth AED 200M were registered in the last 12 months: 100% developer off-plan, 0% 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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