Market bulletin · Thu, 22 Oct 2026
The Portman: 3 sales worth AED 2.05M in 30 days
The Portman recorded 3 sales worth AED 2.05M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 1 sale was registered (AED 671K), against 2 the week before.
The median sale over the last three months was AED 793K, or AED 1,001/sqft.
By market over 12 months: developer off-plan sales 50%, off-plan resales 50%. Off-plan resales traded at a median 29.2% premium to developer prices per sqft.
In Jumeirah Village Circle, The Portman ranked #11 of 11 leading projects by 12-month sales value; it is developed by Ellington Properties Development.
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 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 1,243 |
| Apr 25 | — |
| Mar 25 | AED 1,451 |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
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 | 1 | 0 |
| Aug 26 | 0 | 2 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 1 | 0 |
| Mar 26 | 1 | 0 | 0 |
| Feb 26 | 0 | 1 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 1 | 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 | up 200.0% | AED 2.05M | — | — |
| Last 3 months | 6 | — | AED 4.93M | 1,001 | — |
| Last 6 months | 6 | up 50.0% | AED 4.93M | 1,001 | — |
| Last 12 months | 10 | down 65.5% | AED 9.96M | 1,108 | down 21.9% |
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) | 5 | 50% | AED 692K | 902 | — |
| Off-plan resale | 5 | 50% | AED 1.07M | 1,165 | down 17.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 7 | 70% | AED 895K | 1,115 | down 16.1% |
| 2 bedrooms | 3 | 30% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 10 | 100% | AED 992K | 1,108 | down 21.9% |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.07M | 2 BR Apartment · 971 sqftThe Portman · Jumeirah Village Circle | 5 Aug |
| AED 914K | 1 BR Apartment · 820 sqftThe Portman · Jumeirah Village Circle | 3 Aug |
| AED 895K | 1 BR Apartment · 768 sqftThe Portman · Jumeirah Village Circle | 18 Sept |
| AED 692K | 1 BR Apartment · 768 sqftThe Portman · Jumeirah Village Circle | 14 Oct |
| AED 692K | 1 BR Apartment · 768 sqftThe Portman · Jumeirah Village Circle | 14 Oct |
| AED 671K | 1 BR Apartment · 744 sqftThe Portman · Jumeirah Village Circle | 16 Oct |
Questions about The Portman
What is the average price per sqft in The Portman?
The median sale price in The Portman over the last three months was AED 1,001 per sqft (median sale AED 793K), based on 6 sales registered with Dubai Land Department.
How many properties were sold in The Portman in the last year?
10 sales worth AED 9.96M were registered in the last 12 months: 50% developer off-plan, 50% 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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