Dubai Production City and Jumeirah Golf Estates Market Report: October 2026

Residential sales transactions in Production City totalled 188 in October 2026, worth AED 490 million. Sales declined 14.2% month-on-month. Off-plan sales accounted for 52% of the total and owner resales 33%.

The median apartment price in Production City was AED 1,367 per sq ft in October 2026, across 169 sales; it declined 8.5% month-on-month, and was 18% below the Dubai median. The median villa and townhouse price was AED 18.8 million, across 19 sales; it rose 40.3% month-on-month.

The monthly median apartment price in Production City rose 2.7% between January 2026 and October 2026.

In Production City in October 2026, median prices were AED 575,000 for a studio apartment (94 sales); AED 978,000 for a 1-bedroom apartment (47 sales); AED 6.6 million for a 4-bedroom villa or townhouse (1 sales).

The median rental rate on new apartment lease registrations (Ejari) in Production City was AED 94 per sq ft a year in October 2026, across 876 registrations. New villa and townhouse lease registrations had a median rental rate of AED 465,000 a year, across 5 registrations. 890 new leases and 439 renewals were registered with Ejari.

The gross rental yield on ready apartments in Production City was 9.4% in October 2026, comparing median new rents with median ready sale prices per sq ft.

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Production City in October 2026, the median apartment price of AED 1,367 per sq ft is approximately $372 per sq ft; the median villa and townhouse price of AED 18.8 million is approximately $5.13 million; the median new apartment rental rate of AED 94 per sq ft a year is approximately $26.

18 prime sales (AED 10 million and above) were recorded in Production City in October 2026, worth AED 343 million and accounting for 9.6% of sales. Villas and townhouses accounted for 18 of them and off-plan sales for 0.

The median apartment price in Production City was 18% below the Dubai median in October 2026, at AED 1,367 per sq ft compared with AED 1,661.

Lawncrest By Zimaya by Zimaya recorded the most sales of any building in Production City in October 2026, with 26 sales worth AED 19.3 million.

Zimaya recorded the most off-plan sales in Production City in October 2026, with 26 sales worth AED 19.3 million, accounting for 27% of off-plan sales. It was followed by Neoterra Dpc Developments (18), Meraki (11).

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.