Market bulletin · Thu, 22 Oct 2026
The First Collection Studio City: 14 sales worth AED 7.71M in 30 days
The First Collection Studio City recorded 14 sales worth AED 7.71M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 5 sales were registered (AED 3.32M), against 4 the week before.
The median sale over the last three months was AED 316K, or AED 3,905/sqft. Monthly medians over the past year ranged from AED 3,865/sqft to AED 4,269/sqft.
By market over 12 months: developer off-plan sales 81.3%, off-plan resales 18.8%. Off-plan resales traded at a median 13.1% discount to developer prices per sqft.
In Dubai Studio City, The First Collection Studio City ranked #11 of 11 leading projects by 12-month sales value; it is developed by The First Group. Its first registered sale was on 9 June 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 3,713 |
| Sept 26 | AED 4,236 |
| Aug 26 | AED 3,865 |
| Jul 26 | AED 3,959 |
| Jun 26 | AED 4,269 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 9 | 3 | 0 |
| Sept 26 | 16 | 2 | 0 |
| Aug 26 | 9 | 2 | 0 |
| Jul 26 | 9 | 2 | 0 |
| Jun 26 | 9 | 3 | 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 | 14 | down 33.3% | AED 7.71M | 3,750 | down 7.8% |
| Last 3 months | 42 | up 90.9% | AED 22.8M | 3,905 | down 5.7% |
| Last 6 months | 64 | — | AED 33.5M | 3,932 | — |
| Last 12 months | 64 | — | AED 33.5M | 3,932 | — |
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) | 52 | 81% | AED 316K | 4,187 | — |
| Off-plan resale | 12 | 19% | AED 1.05M | 3,639 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 54 | 84% | AED 316K | 4,142 | — |
| 1 bedroom | 10 | 16% | AED 467K | 3,332 | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 30 | 47% | AED 316K | 3,905 | — |
| Hotel apartments | 34 | 53% | AED 316K | 4,039 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 64 | 100% | AED 316K | 3,932 | — |
Competing projects in Dubai Studio City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Azizi Mirage 1Azizi Developments | 174 | 1,404 | — |
| Beach Oasis 2 Tower AAzizi Developments | 123 | 1,567 | down 1.3% |
| Arisha Terraces - 4Qube Development | 70 | 1,600 | — |
| Beach Oasis 2 Tower BAzizi Developments | 100 | 1,567 | up 5.8% |
| Azizi Mirage 1 - Tower 2Azizi Developments | 98 | 1,389 | — |
| Arisha Terraces - 3Qube Development | 44 | 1,578 | — |
| Ryah LivingAl Yakka Developers | 52 | 1,581 | — |
| Azizi VistaAzizi Developments | 50 | 1,342 | — |
| Laya CourtyardLaya Developers | 45 | 1,590 | — |
| Laya Courtyard BLaya Developers | 45 | 1,444 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.64M | 1 BR Hotel apartment · 549 sqftThe First Collection Studio City · Dubai Studio City | 19 Aug |
| AED 1.58M | 1 BR Hotel apartment · 559 sqftThe First Collection Studio City · Dubai Studio City | 25 Aug |
| AED 1.05M | Studio Hotel apartment · 289 sqftThe First Collection Studio City · Dubai Studio City | 25 Aug |
| AED 1.05M | Studio Apartment · 324 sqftThe First Collection Studio City · Dubai Studio City | 4 Sept |
| AED 1.05M | Studio Apartment · 289 sqftThe First Collection Studio City · Dubai Studio City | 4 Sept |
| AED 1.05M | Studio Apartment · 289 sqftThe First Collection Studio City · Dubai Studio City | 17 Sept |
Questions about The First Collection Studio City
What is the average price per sqft in The First Collection Studio City?
The median sale price in The First Collection Studio City over the last three months was AED 3,905 per sqft (median sale AED 316K), based on 42 sales registered with Dubai Land Department.
How many properties were sold in The First Collection Studio City in the last year?
64 sales worth AED 33.5M were registered in the last 12 months: 81% developer off-plan, 19% 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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