JLT, Jumeirah Park and Jumeirah Islands Market Report: September 2026

Residential sales transactions in JLT totalled 258 in September 2026, worth AED 760 million. Sales rose 33.7% month-on-month. Off-plan sales accounted for 72% of the total and owner resales 27%.

The median apartment price in JLT was AED 2,718 per sq ft in September 2026, across 246 sales; it rose 15.8% month-on-month, and was 64% above the Dubai median. The median villa and townhouse price was AED 9.2 million, across 12 sales; it rose 3.3% month-on-month.

The monthly median apartment price in JLT rose 12.5% between January 2026 and September 2026.

In JLT in September 2026, median prices were AED 2.7 million for a 2-bedroom apartment (111 sales); AED 1.9 million for a 1-bedroom apartment (104 sales).

The median rental rate on new apartment lease registrations (Ejari) in JLT was AED 104 per sq ft a year in September 2026, across 567 registrations. New villa and townhouse lease registrations had a median rental rate of AED 390,000 a year, across 40 registrations. 607 new leases and 338 renewals were registered with Ejari.

The gross rental yield on ready apartments in JLT was 7.8% 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 JLT in September 2026, the median apartment price of AED 2,718 per sq ft is approximately $740 per sq ft; the median villa and townhouse price of AED 9.2 million is approximately $2.49 million; the median new apartment rental rate of AED 104 per sq ft a year is approximately $28.

5 prime sales (AED 10 million and above) were recorded in JLT in September 2026, worth AED 115 million and accounting for 1.9% of sales. Villas and townhouses accounted for 5 of them and off-plan sales for 0.

The median apartment price in JLT was 64% above the Dubai median in September 2026, at AED 2,718 per sq ft compared with AED 1,662.

Sobha Central Phase I by Sobha recorded the most sales of any building in JLT in September 2026, with 70 sales worth AED 197 million.

Sobha recorded the most off-plan sales in JLT in September 2026, with 109 sales worth AED 290 million, accounting for 59% of off-plan sales. It was followed by Ellington (45), Palma Homes (14).

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.