Motor City Market Report: October 2026

Residential sales transactions in Motor City totalled 289 in October 2026, worth AED 343 million. Sales declined 14.5% month-on-month. Off-plan sales accounted for 87% of the total and owner resales 13%.

The median apartment price in Motor City was AED 1,488 per sq ft in October 2026, across 287 sales; it declined 17.1% month-on-month, and was 10% below the Dubai median. The median villa and townhouse price was AED 5.7 million, across 2 sales; it declined 19.1% month-on-month.

The monthly median apartment price in Motor City declined 17.0% between January 2026 and October 2026.

In Motor City in October 2026, median prices were AED 1.1 million for a 1-bedroom apartment (158 sales); AED 808,999 for a studio apartment (80 sales); AED 5.7 million for a 3-bedroom villa or townhouse (2 sales).

The median rental rate on new apartment lease registrations (Ejari) in Motor City was AED 75 per sq ft a year in October 2026, across 6 registrations. New villa and townhouse lease registrations had a median rental rate of AED 225,000 a year, across 3 registrations. 9 new leases and 8 renewals were registered with Ejari.

The gross rental yield on ready apartments in Motor City was 7.6% in October 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 3.9%, 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 Motor City in October 2026, the median apartment price of AED 1,488 per sq ft is approximately $405 per sq ft; the median villa and townhouse price of AED 5.7 million is approximately $1.55 million; the median new apartment rental rate of AED 75 per sq ft a year is approximately $20.

The median apartment price in Motor City was 10% below the Dubai median in October 2026, at AED 1,488 per sq ft compared with AED 1,661.

Binghatti Skyterraces by Binghatti recorded the most sales of any building in Motor City in October 2026, with 208 sales worth AED 223 million.

Binghatti recorded the most off-plan sales in Motor City in October 2026, with 208 sales worth AED 223 million, accounting for 83% of off-plan sales. It was followed by Iman (17), Sobha (10).

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.