Jebel Ali Village and Wasl Gate Market Report: October 2026
In October 2026, the median apartment price in Jebel Ali Village and Wasl Gate was AED 1,753 per sq ft, across 155 residential sales transactions worth AED 358 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
October 2026, compared with September 2026
- 155
- Residential sales transactions −27.9%
- AED358 million
- Sales value −28.6%
- AED1,753
- Apartments, median price per sq ft Broadly unchanged
- AED5.2 million
- Villas and townhouses, median price⚠ 24 −8.1%
- 82%
- Off-plan share of sales 127 off-plan sales
- 124
- New lease registrations (Ejari) −20.0%
- AED99
- Apartment rent per sq ft, a year −3.3%
- 6.4%
- Gross rental yield, apartments⚠ 4 −2.7 pts
Apartments, median price per sq ft
Villas and townhouses, median price
Lighter bars: fewer than 30 sales
Apartment rent, median per sq ft a year
Lighter bars: fewer than 30 leases
Villa and townhouse rent, median a year
Lighter bars: fewer than 30 leases
Apartment sales
Off-planReadyTotal sales
Villa and townhouse sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
Villa and townhouse lease registrations
NewRenewedTotal lease registrations
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FAQ
How many residential sales transactions were recorded in Wasl Gate in October 2026?
Residential sales transactions in Wasl Gate totalled 155 in October 2026, worth AED 358 million. Sales declined 27.9% month-on-month. Off-plan sales accounted for 82% of the total and owner resales 18%.
What is the price per sq ft in Wasl Gate?
The median apartment price in Wasl Gate was AED 1,753 per sq ft in October 2026, across 131 sales; it remained stable month-on-month, and was 6% above the Dubai median. The median villa and townhouse price was AED 5.2 million, across 24 sales; it declined 8.1% month-on-month.
Are property prices in Wasl Gate going up or down?
The monthly median apartment price in Wasl Gate rose 17.0% between January 2026 and October 2026.
How much does a home in Wasl Gate cost by number of bedrooms?
In Wasl Gate in October 2026, median prices were AED 1.6 million for a 1-bedroom apartment (59 sales); AED 2.2 million for a 2-bedroom apartment (44 sales); AED 5.0 million for a 4-bedroom villa or townhouse (1 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| ⚠Studio | 24 | AED 658,705 | AED 1,738 |
| 1-bed | 59 | AED 1.6 million | AED 1,873 |
| 2-bed | 44 | AED 2.2 million | AED 1,674 |
| ⚠3-bed | 4 | AED 3.0 million | AED 1,636 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| ⚠3-bed | 0 | – | 27 | AED 195,000 | – |
| ⚠4-bed | 1 | AED 5.0 million | 51 | AED 260,000 | 5.2% |
| ⚠5-bed | 0 | – | 12 | AED 400,000 | – |
What is the average rent in Wasl Gate?
The median rental rate on new apartment lease registrations (Ejari) in Wasl Gate was AED 99 per sq ft a year in October 2026, across 34 registrations. New villa and townhouse lease registrations had a median rental rate of AED 235,000 a year, across 90 registrations. 124 new leases and 58 renewals were registered with Ejari.
What is the rental yield in Wasl Gate?
The gross rental yield on ready apartments in Wasl Gate was 6.4% in October 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.6%, comparing median new rents with median ready sale prices.
How much does property in Wasl Gate cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Wasl Gate in October 2026, the median apartment price of AED 1,753 per sq ft is approximately $477 per sq ft; the median villa and townhouse price of AED 5.2 million is approximately $1.40 million; the median new apartment rental rate of AED 99 per sq ft a year is approximately $27.
How does Wasl Gate compare with Dubai?
The median apartment price in Wasl Gate was 6% above the Dubai median in October 2026, at AED 1,753 per sq ft compared with AED 1,661.
| Measure | Wasl Gate | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,753 | AED 1,661 |
| ⚠Villas and townhouses, median | AED 5.2 million | AED 3.6 million |
| New apartment rent, per sq ft a year | AED 99 | AED 95 |
| ⚠Gross yield, apartments | 6.4% | 6.9% |
| Villa rent, median a year | AED 235,000 | AED 180,000 |
| ⚠Gross yield, villas | 4.6% | 5.0% |
| Off-plan share of sales | 82% | 59% |
Which buildings in Wasl Gate recorded the most sales?
Sobha Central by Sobha recorded the most sales of any building in Wasl Gate in October 2026, with 43 sales worth AED 104 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Sobha CentralJabal Ali First | Sobha | 43 | AED 104 million | 100% | AED 3,225 |
| ⚠Omya ResidencesJabal Ali First | Pantheon | 20 | AED 15.1 million | 100% | AED 1,704 |
| ⚠Boulevard Park 2Jabal Ali First | wasl | 15 | AED 29.0 million | 100% | AED 1,661 |
| ⚠Boulevard Park 1Jabal Ali First | wasl | 13 | AED 27.0 million | 100% | AED 1,712 |
| Jebel Ali Village Townhouses- Phase 1Jabal Ali First | Nakheel | 6 | AED 33.2 million | 0% | – |
| Murooj Al Furjan 2Jabal Ali First | – | 5 | AED 28.6 million | 0% | – |
| ⚠South Garden EJabal Ali First | wasl | 5 | AED 6.6 million | 100% | AED 1,357 |
| ⚠South Garden DJabal Ali First | wasl | 5 | AED 6.3 million | 100% | AED 1,415 |
| ⚠Trussardi Residences 2Jabal Ali First | Mira Developments | 5 | AED 5.2 million | 100% | AED 2,155 |
| Jebel Ali VillageJabal Ali First | Nakheel | 4 | AED 26.9 million | 0% | – |
Which developers recorded the most off-plan sales in Wasl Gate?
wasl recorded the most off-plan sales in Wasl Gate in October 2026, with 47 sales worth AED 81.1 million, accounting for 37% of off-plan sales. It was followed by Sobha (43), Pantheon (20).
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| wasl | 47 | AED 81.1 million | 37% |
| Sobha | 43 | AED 104 million | 34% |
| Pantheon | 20 | AED 15.1 million | 16% |
| Mira Developments | 5 | AED 5.2 million | 4% |
| LMD | 3 | AED 3.4 million | 2% |
| Prescott | 3 | AED 2.4 million | 2% |
| H&H Development | 2 | AED 2.7 million | 2% |
| Divine One Group | 1 | AED 1.1 million | 1% |
What do the figures mean?
- 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.
How should this report be cited?
Richmond Properties (2026). Jebel Ali Village and Wasl Gate Market Report: October 2026. Data: Dubai Land Department. Published 4 November 2026. https://richmondproperties.ae/insights/market-reports/jebel-ali-village-wasl-gate/2026-10. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for October 2026, compared with September 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 4 November 2026. This report is for general information and is not financial or investment advice.