Market bulletin · Thu, 22 Oct 2026
The Spirit: 2 sales worth AED 1.11M in 30 days
The Spirit recorded 2 sales worth AED 1.11M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Sports City, The Spirit ranked #11 of 11 leading projects by 12-month sales value; it is developed by The First Group.
Leases registered in the last three months had a median annual rent of AED 42K. The best gross yield is on Studio apartments at about 7.6%.
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 | AED 1,068 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| 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 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 5 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 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 | 2 | up 100.0% | AED 1.11M | — | — |
| Last 3 months | 4 | up 300.0% | AED 2.08M | — | — |
| Last 6 months | 5 | down 54.5% | AED 2.68M | 1,035 | unchanged 0.0% |
| Last 12 months | 16 | down 50.0% | AED 9.07M | 1,035 | down 25.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 16 | 100% | AED 563K | 1,035 | down 25.0% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 14 | 88% | AED 555K | 1,035 | down 25.6% |
| 1 bedroom | 2 | 13% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 16 | 100% | AED 563K | 1,035 | down 25.0% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 44K |
| Sept 26 | AED 37K |
| Aug 26 | AED 42K |
| Jul 26 | AED 42K |
| Jun 26 | AED 42K |
| May 26 | — |
| Apr 26 | AED 45K |
| Mar 26 | — |
| Feb 26 | AED 42K |
| Jan 26 | AED 45K |
| Dec 25 | AED 44K |
| Nov 25 | AED 45K |
| Oct 25 | AED 37K |
| Sept 25 | AED 40K |
| Aug 25 | AED 42K |
| Jul 25 | AED 40K |
| Jun 25 | AED 38K |
| May 25 | AED 43K |
| Apr 25 | AED 42K |
| Mar 25 | AED 45K |
| Feb 25 | AED 39K |
| Jan 25 | AED 41K |
| Dec 24 | AED 40K |
| Nov 24 | AED 43K |
- Leases (12M)
- 287
- New leases
- 39%
- Median rent 3M
- AED 42K
- Rent/sqft 3M
- AED 99
| Studio apartments | AED 42K / AED 555K | 7.6% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 190 | AED 42K | AED 44K | 111 |
| 1 BR | 41 | AED 63K | AED 65K | 80 |
Competing projects in Dubai Sports City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti HavenBinghatti | 184 | 1,249 | — |
| Aspirz TowerDanube Properties | 236 | 2,152 | — |
| Hadley Heights 2Leos Development | 145 | 1,310 | — |
| The First Collection DSCThe First Group | 174 | 3,503 | — |
| Azizi GrandAzizi Developments | 121 | 1,393 | down 2.8% |
| Antalya by KarmaKarma Developers - Karma Realty Developers | 78 | 1,488 | — |
| The Community Sports ArenaAqua Properties | 55 | 1,307 | — |
| Condor Golf Links 18Condor Group - Condor Real Estate Devolelopment | 67 | 1,882 | — |
| Hera TowerTitans Real Estate Developers | 76 | 972 | — |
| Aurelia ResidenceTSZ Group - Object One Real Estate Development | 45 | 1,151 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 580K | Studio Apartment · 560 sqftThe Spirit · Dubai Sports City | 6 Aug |
| AED 560K | Studio Apartment · 509 sqftThe Spirit · Dubai Sports City | 8 Oct |
| AED 550K | Studio Apartment · 578 sqftThe Spirit · Dubai Sports City | 29 Sept |
| AED 392K | Studio Apartment · 321 sqftThe Spirit · Dubai Sports City | 16 Sept |
Questions about The Spirit
How many properties were sold in The Spirit in the last year?
16 sales worth AED 9.07M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Spirit?
The median annual rent on leases registered in the last three months was AED 42K, and the best gross rental yield is about 7.6%.
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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