Jumeirah Village Circle (JVC) Market Report: September 2026

Residential sales transactions in JVC totalled 785 in September 2026, worth AED 841 million. Sales rose 7.4% month-on-month. Off-plan sales accounted for 55% of the total and owner resales 42%.

The median apartment price in JVC was AED 1,406 per sq ft in September 2026, across 772 sales; it declined 1.3% month-on-month, and was 15% below the Dubai median. The median villa and townhouse price was AED 2.8 million, across 13 sales; it declined 22.2% month-on-month.

The monthly median apartment price in JVC declined 5.7% between January 2026 and September 2026.

In JVC in September 2026, median prices were AED 1.1 million for a 1-bedroom apartment (378 sales); AED 680,000 for a studio apartment (259 sales); AED 2.8 million for a 4-bedroom villa or townhouse (8 sales); AED 3.3 million for a 3-bedroom villa or townhouse (5 sales).

The median rental rate on new apartment lease registrations (Ejari) in JVC was AED 94 per sq ft a year in September 2026, across 2,005 registrations. New villa and townhouse lease registrations had a median rental rate of AED 180,000 a year, across 15 registrations. 2,021 new leases and 661 renewals were registered with Ejari.

The gross rental yield on ready apartments in JVC was 7.6% in September 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 6.4%, 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 JVC in September 2026, the median apartment price of AED 1,406 per sq ft is approximately $383 per sq ft; the median villa and townhouse price of AED 2.8 million is approximately $762,423; the median new apartment rental rate of AED 94 per sq ft a year is approximately $26.

The median apartment price in JVC was 15% below the Dubai median in September 2026, at AED 1,406 per sq ft compared with AED 1,662.

Serenz by Danube by Danube recorded the most sales of any building in JVC in September 2026, with 47 sales worth AED 59.6 million.

Danube recorded the most off-plan sales in JVC in September 2026, with 55 sales worth AED 68.6 million, accounting for 13% of off-plan sales. It was followed by Object 1 (44), Tiger (41).

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.