Jebel Ali Village and Wasl Gate Market Report: September 2026

Residential sales transactions in Wasl Gate totalled 215 in September 2026, worth AED 502 million. Sales rose 2.4% month-on-month. Off-plan sales accounted for 88% of the total and owner resales 11%.

The median apartment price in Wasl Gate was AED 1,761 per sq ft in September 2026, across 191 sales; it rose 3.7% month-on-month, and was 6% above the Dubai median. The median villa and townhouse price was AED 5.6 million, across 24 sales; it rose 12.5% month-on-month.

The monthly median apartment price in Wasl Gate rose 17.5% between January 2026 and September 2026.

In Wasl Gate in September 2026, median prices were AED 1.8 million for a 1-bedroom apartment (85 sales); AED 2.2 million for a 2-bedroom apartment (68 sales).

The median rental rate on new apartment lease registrations (Ejari) in Wasl Gate was AED 102 per sq ft a year in September 2026, across 48 registrations. New villa and townhouse lease registrations had a median rental rate of AED 240,000 a year, across 107 registrations. 155 new leases and 65 renewals were registered with Ejari.

The gross rental yield on ready apartments in Wasl Gate was 9.1% in September 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.3%, 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 Wasl Gate in September 2026, the median apartment price of AED 1,761 per sq ft is approximately $480 per sq ft; the median villa and townhouse price of AED 5.6 million is approximately $1.53 million; the median new apartment rental rate of AED 102 per sq ft a year is approximately $28.

1 prime sales (AED 10 million and above) were recorded in Wasl Gate in September 2026, worth AED 11.0 million and accounting for 0.5% of sales. Villas and townhouses accounted for 1 of them and off-plan sales for 0.

The median apartment price in Wasl Gate was 6% above the Dubai median in September 2026, at AED 1,761 per sq ft compared with AED 1,662.

Sobha Central by Sobha recorded the most sales of any building in Wasl Gate in September 2026, with 60 sales worth AED 143 million.

wasl recorded the most off-plan sales in Wasl Gate in September 2026, with 78 sales worth AED 157 million, accounting for 41% of off-plan sales. It was followed by Sobha (60), Mira Developments (19).

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.