Jumeirah Village Circle (JVC) Market Report: Q3 2026

Residential sales transactions in JVC totalled 2,441 in Q3 2026, worth AED 2.69 billion. Sales rose 18.7% quarter-on-quarter. Off-plan sales accounted for 49% of the total and owner resales 46%.

The median apartment price in JVC was AED 1,407 per sq ft in Q3 2026, across 2,327 sales; it declined 4.9% quarter-on-quarter, and was 17% below the Dubai median. The median villa and townhouse price was AED 2.8 million, across 44 sales; it declined 26.6% quarter-on-quarter.

The median apartment price in JVC declined 5.1% between Q1 2026 and Q3 2026, from AED 1,483 to AED 1,407 per sq ft.

In JVC in Q3 2026, median prices were AED 1.1 million for a 1-bedroom apartment (1,255 sales); AED 680,000 for a studio apartment (754 sales); AED 3.0 million for a 3-bedroom villa or townhouse (24 sales); AED 2.8 million for a 4-bedroom villa or townhouse (18 sales).

The median rental rate on new apartment lease registrations (Ejari) in JVC was AED 92 per sq ft a year in Q3 2026, across 5,139 registrations. New villa and townhouse lease registrations had a median rental rate of AED 185,000 a year, across 45 registrations. 5,200 new leases and 1,757 renewals were registered with Ejari.

The gross rental yield on ready apartments in JVC was 7.5% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 6.6%, 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 Q3 2026, the median apartment price of AED 1,407 per sq ft is approximately $383 per sq ft; the median villa and townhouse price of AED 2.8 million is approximately $766,508; the median new apartment rental rate of AED 92 per sq ft a year is approximately $25.

2 prime sales (AED 10 million and above) were recorded in JVC in Q3 2026, worth AED 150 million and accounting for 0.1% of sales. Villas and townhouses accounted for 2 of them and off-plan sales for 0. They included 1 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 115 million.

The median apartment price in JVC was 17% below the Dubai median in Q3 2026, at AED 1,407 per sq ft compared with AED 1,692.

Serenz by Danube by Danube recorded the most sales of any building in JVC in Q3 2026, with 171 sales worth AED 219 million.

Danube recorded the most off-plan sales in JVC in Q3 2026, with 188 sales worth AED 236 million, accounting for 16% of off-plan sales. It was followed by Iman (137), Object 1 (90).

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.