Dubai South Market Report: Q3 2026

Residential sales transactions in Dubai South totalled 5,136 in Q3 2026, worth AED 6.08 billion. Sales declined 4.0% quarter-on-quarter. Off-plan sales accounted for 97% of the total and owner resales 3%.

The median apartment price in Dubai South was AED 1,711 per sq ft in Q3 2026, across 4,881 sales; it rose 1.2% quarter-on-quarter, and was 1% above the Dubai median. The median villa and townhouse price was AED 4.8 million, across 249 sales; it rose 2.1% quarter-on-quarter.

The median apartment price in Dubai South rose 11.5% between Q1 2026 and Q3 2026, from AED 1,534 to AED 1,711 per sq ft.

In Dubai South in Q3 2026, median prices were AED 655,000 for a studio apartment (3,007 sales); AED 1.2 million for a 1-bedroom apartment (1,318 sales); AED 4.8 million for a 4-bedroom villa or townhouse (106 sales); AED 6.3 million for a 5-bedroom villa or townhouse (73 sales).

The median rental rate on new apartment lease registrations (Ejari) in Dubai South was AED 81 per sq ft a year in Q3 2026, across 464 registrations. New villa and townhouse lease registrations had a median rental rate of AED 155,000 a year, across 116 registrations. 583 new leases and 495 renewals were registered with Ejari.

The gross rental yield on ready apartments in Dubai South was 7.4% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 3.8%, 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 Dubai South in Q3 2026, the median apartment price of AED 1,711 per sq ft is approximately $466 per sq ft; the median villa and townhouse price of AED 4.8 million is approximately $1.32 million; the median new apartment rental rate of AED 81 per sq ft a year is approximately $22.

10 prime sales (AED 10 million and above) were recorded in Dubai South in Q3 2026, worth AED 296 million and accounting for 0.2% of sales. Villas and townhouses accounted for 10 of them and off-plan sales for 0. They included 3 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 138 million.

The median apartment price in Dubai South was 1% above the Dubai median in Q3 2026, at AED 1,711 per sq ft compared with AED 1,692.

Azizi Venice 6 by Azizi recorded the most sales of any building in Dubai South in Q3 2026, with 662 sales worth AED 568 million.

Azizi recorded the most off-plan sales in Dubai South in Q3 2026, with 3,896 sales worth AED 3.18 billion, accounting for 79% of off-plan sales. It was followed by Emaar (405), Dubai South (188).

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.