Market bulletin · Thu, 22 Oct 2026
The Sterling Tower 2 (The West House): 0 sales worth AED 0 in 30 days
The Sterling Tower 2 (The West House) recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. 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 Business Bay, The Sterling Tower 2 (The West House) ranked #11 of 11 leading projects by 12-month sales value; it is developed by Omniyat Properties.
Leases registered in the last three months had a median annual rent of AED 130K. The best gross yield is on 1 BR apartments at about 6.4%.
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 | AED 1,956 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,222 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 2,021 |
| Mar 25 | AED 2,141 |
| Feb 25 | AED 2,157 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 1,758 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 5 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 5 |
| Nov 25 | 0 | 0 | 1 |
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 | 0 | — | AED 0 | — | — |
| Last 3 months | 3 | down 50.0% | AED 5.75M | — | — |
| Last 6 months | 9 | down 10.0% | AED 17.2M | 1,955 | down 6.1% |
| Last 12 months | 19 | down 56.8% | AED 39.2M | 1,958 | down 8.8% |
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) | 19 | 100% | AED 2.03M | 1,958 | down 9.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 2 | 11% | — | — | — |
| 1 bedroom | 15 | 79% | AED 2.03M | 1,956 | down 3.7% |
| 2 bedrooms | 2 | 11% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 9 | 47% | AED 1.85M | 1,956 | up 2.1% |
| AED 2M–10M | 10 | 53% | AED 2.26M | 1,990 | down 10.7% |
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 | — |
| Sept 26 | AED 125K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 140K |
| Sept 25 | — |
| Aug 25 | AED 154K |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 82
- New leases
- 72%
- Median rent 3M
- AED 130K
- Rent/sqft 3M
- AED 124
| 1 BR apartments | AED 130K / AED 2.03M | 6.4% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 14 | AED 77K | — | 170 |
| 1 BR | 27 | AED 130K | AED 130K | 124 |
| 2 BR | 14 | AED 185K | — | 120 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.10M | 1 BR Apartment · 1,125 sqftThe Sterling Tower 2 (The West House) · Business Bay | 21 Aug |
| AED 2.05M | 1 BR Apartment · 1,145 sqftThe Sterling Tower 2 (The West House) · Business Bay | 17 Sept |
| AED 1.60M | 1 BR Apartment · 911 sqftThe Sterling Tower 2 (The West House) · Business Bay | 31 Aug |
Questions about The Sterling Tower 2 (The West House)
How many properties were sold in The Sterling Tower 2 (The West House) in the last year?
19 sales worth AED 39.2M 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 Sterling Tower 2 (The West House)?
The median annual rent on leases registered in the last three months was AED 130K, and the best gross rental yield is about 6.4%.
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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