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Project · #2328 by 12M value

The First Collection Business Bay

Business Bay · The First Group

Median price per sqft · last 3 months

— /sqft

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

Market bulletin · Thu, 22 Oct 2026

The First Collection Business Bay: 3 sales worth AED 1.59M in 30 days

The First Collection Business Bay recorded 3 sales worth AED 1.59M in the 30 days to Thu, 22 Oct 2026. Over the last week 2 sales were registered (AED 1.19M), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Business Bay, The First Collection Business Bay ranked #11 of 11 leading projects by 12-month sales value; it is developed by The First Group.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26AED 4,259
Jan 26AED 4,067
Dec 25—
Nov 25AED 1,427
Oct 25AED 4,082
Sept 25—
Aug 25AED 3,442
Jul 25AED 3,706
Jun 25—
May 25AED 3,517
Apr 25AED 3,657
Mar 25AED 3,278
Feb 25AED 3,947
Jan 25AED 4,049
Dec 24—
Nov 24AED 4,571

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26001
Aug 26001
Jul 26001
Jun 26003
May 26002
Apr 26004
Mar 26001
Feb 26006
Jan 260010
Dec 25004
Nov 25005

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 month3—AED 1.59M——
Last 3 months4down 42.9%AED 2.00M——
Last 6 months11down 66.7%AED 4.72M3,728down 6.1%
Last 12 months45down 36.6%AED 20.9M3,952up 2.6%

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

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)45100%AED 405K3,952up 1.9%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio4089%AED 405K4,149up 6.2%
1 bedroom511%AED 405K1,427—
By property type (12M)
TypeSalesShareMedian priceAED/sqft1Y
Apartments37%———
Hotel apartments4293%AED 405K3,962up 2.1%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M45100%AED 405K3,952up 2.6%

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in The First Collection Business Bay
PricePropertyDate
AED 800KStudio Apartment · 175 sqftThe First Collection Business Bay · Business Bay22 Oct
AED 406KStudio Apartment · 109 sqftThe First Collection Business Bay · Business Bay23 Sept
AED 405KStudio Hotel apartment · 123 sqftThe First Collection Business Bay · Business Bay12 Aug
AED 387KStudio Apartment · 106 sqftThe First Collection Business Bay · Business Bay22 Oct

Questions about The First Collection Business Bay

How many properties were sold in The First Collection Business Bay in the last year?

45 sales worth AED 20.9M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% 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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