City of Arabia Market Report: Q3 2026

Residential sales transactions in City of Arabia totalled 1,945 in Q3 2026, worth AED 1.95 billion. Sales rose 114.0% quarter-on-quarter. Off-plan sales accounted for 99% of the total and owner resales 0%.

The median apartment price in City of Arabia was AED 1,718 per sq ft in Q3 2026, across 1,929 sales; it remained stable quarter-on-quarter, and was 2% above the Dubai median. The median villa and townhouse price was AED 4.1 million, across 16 sales; it declined 5.3% quarter-on-quarter.

The median apartment price in City of Arabia declined 3.7% between Q1 2026 and Q3 2026, from AED 1,785 to AED 1,718 per sq ft.

In City of Arabia in Q3 2026, median prices were AED 590,000 for a studio apartment (1,081 sales); AED 1.2 million for a 1-bedroom apartment (639 sales); AED 4.1 million for a 3-bedroom villa or townhouse (15 sales); AED 4.5 million for a 5-bedroom villa or townhouse (1 sales).

The median rental rate on new apartment lease registrations (Ejari) in City of Arabia was AED 83 per sq ft a year in Q3 2026, across 25 registrations. New villa and townhouse lease registrations had a median rental rate of AED 200,000 a year, across 9 registrations. 34 new leases and 2 renewals were registered with Ejari.

The gross rental yield on ready apartments in City of Arabia was 7.0% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.7%, comparing median new rents with median ready sale prices.

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in City of Arabia in Q3 2026, the median apartment price of AED 1,718 per sq ft is approximately $468 per sq ft; the median villa and townhouse price of AED 4.1 million is approximately $1.12 million; the median new apartment rental rate of AED 83 per sq ft a year is approximately $23.

The median apartment price in City of Arabia was 2% above the Dubai median in Q3 2026, at AED 1,718 per sq ft compared with AED 1,692.

Azizi Milan Heights by Azizi recorded the most sales of any building in City of Arabia in Q3 2026, with 433 sales worth AED 297 million.

Azizi recorded the most off-plan sales in City of Arabia in Q3 2026, with 1,282 sales worth AED 866 million, accounting for 67% of off-plan sales. It was followed by Peninsula Elit S.O.C (239), Beyond (184).

Median price

The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.

Price per sq ft

Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.

Off-plan and ready

Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.

Sub-community and building

Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.

Ejari

Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.

Gross rental yield

Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.

DLD area and community

The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.

⚠ Small sample

A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.