Motor City Market Report: Q3 2026

In Q3 2026, the median apartment price in Motor City was AED 1,748 per sq ft, across 670 residential sales transactions worth AED 897 million, according to Richmond Properties' analysis of Dubai Land Department data.

Richmond ResearchPublished 2 November 2026DLD area: Motor City, Al Hebiah First

Key statistics

Q3 2026, compared with Q2 2026

670
Residential sales transactions
+28.4%
AED897 million
Sales value
+23.2%
AED1,748
Apartments, median price per sq ft
+3.4%
AED7.0 million
Villas and townhouses, median price⚠ 14
−19.5%
85%
Off-plan share of sales
571 off-plan sales
52
New lease registrations (Ejari)
+20.9%
AED76
Apartment rent per sq ft, a year
−4.4%
7.4%
Gross rental yield, apartments
−0.6 pts

Apartments, median price per sq ft

AED per sq ft05001,0001,5002,0001,793201 salesJan1,670427 salesFeb1,750370 salesMar1,695205 salesApr1,383122 salesMay1,756190 salesJun1,742155 salesJul1,644166 salesAug1,796335 salesSep

Villas and townhouses, median price

AED million051015Jan6.01 sales (fewer than 30)Feb11.74 sales (fewer than 30)Mar7.22 sales (fewer than 30)Apr9.91 sales (fewer than 30)May8.22 sales (fewer than 30)Jun7.26 sales (fewer than 30)Jul7.05 sales (fewer than 30)Aug7.03 sales (fewer than 30)Sep

Lighter bars: fewer than 30 sales

Apartment rent, median per sq ft a year

AED per sq ft0501007511 leases (fewer than 30)Jan9113 leases (fewer than 30)Feb809 leases (fewer than 30)Mar706 leases (fewer than 30)Apr8312 leases (fewer than 30)May8014 leases (fewer than 30)Jun829 leases (fewer than 30)Jul7513 leases (fewer than 30)Aug8019 leases (fewer than 30)Sep

Lighter bars: fewer than 30 leases

Villa and townhouse rent, median a year

AED0100,000200,000300,000400,000247,8642 leases (fewer than 30)Jan310,0001 leases (fewer than 30)Feb275,0004 leases (fewer than 30)MarApr220,0003 leases (fewer than 30)May202,0008 leases (fewer than 30)Jun225,0002 leases (fewer than 30)Jul190,0003 leases (fewer than 30)Aug340,0005 leases (fewer than 30)Sep

Lighter bars: fewer than 30 leases

Apartment sales

Number of sales020040060074%26%201Off-plan 148 · Ready 53Jan78%22%427Off-plan 335 · Ready 92Feb87%370Off-plan 322 · Ready 48Mar82%205Off-plan 169 · Ready 36Apr57%43%122Off-plan 70 · Ready 52May78%190Off-plan 148 · Ready 42Jun81%155Off-plan 125 · Ready 30Jul83%166Off-plan 138 · Ready 28Aug92%335Off-plan 308 · Ready 27Sep

Off-planReadyTotal sales

Villa and townhouse sales

Number of sales02468Off-plan 0 · Ready 0Jan100%1Off-plan 0 · Ready 1Feb100%4Off-plan 0 · Ready 4Mar100%2Off-plan 0 · Ready 2Apr100%1Off-plan 0 · Ready 1May100%2Off-plan 0 · Ready 2Jun100%6Off-plan 0 · Ready 6Jul100%5Off-plan 0 · Ready 5Aug100%3Off-plan 0 · Ready 3Sep

Off-planReadyTotal sales

Apartment lease registrations

Number of lease registrations010203079%21%14New 11 · Renewed 3Jan65%35%20New 13 · Renewed 7Feb75%25%12New 9 · Renewed 3Mar50%50%12New 6 · Renewed 6Apr71%29%17New 12 · Renewed 5May74%26%19New 14 · Renewed 5Jun50%50%18New 9 · Renewed 9Jul74%26%19New 14 · Renewed 5Aug76%24%25New 19 · Renewed 6Sep

NewRenewedTotal lease registrations

Villa and townhouse lease registrations

Number of lease registrations051029%71%7New 2 · Renewed 5Jan100%1New 1 · Renewed 0Feb80%20%5New 4 · Renewed 1Mar100%1New 0 · Renewed 1Apr43%57%7New 3 · Renewed 4May89%11%9New 8 · Renewed 1Jun50%50%4New 2 · Renewed 2Jul43%57%7New 3 · Renewed 4Aug100%5New 5 · Renewed 0Sep

NewRenewedTotal lease registrations

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FAQ

How many residential sales transactions were recorded in Motor City in Q3 2026?

Residential sales transactions in Motor City totalled 670 in Q3 2026, worth AED 897 million. Sales rose 28.4% quarter-on-quarter. Off-plan sales accounted for 85% of the total and owner resales 15%.

What is the price per sq ft in Motor City?

The median apartment price in Motor City was AED 1,748 per sq ft in Q3 2026, across 656 sales; it rose 3.4% quarter-on-quarter, and was 3% above the Dubai median. The median villa and townhouse price was AED 7.0 million, across 14 sales; it declined 19.5% quarter-on-quarter.

Are property prices in Motor City going up or down?

The median apartment price in Motor City rose 2.1% between Q1 2026 and Q3 2026, from AED 1,711 to AED 1,748 per sq ft.

Motor City, quarter by quarter
QuarterSalesValueApartments, per sq ftVillas, medianNew lease registrationsApartment rent, per sq ftGross yield
⚠Q1 20261,003AED 1.40 billionAED 1,711AED 10.1 million40AED 807.7%
⚠Q2 2026522AED 728 millionAED 1,690AED 8.7 million43AED 798.0%
⚠Q3 2026670AED 897 millionAED 1,748AED 7.0 million52AED 767.4%
How much does a home in Motor City cost by number of bedrooms?

In Motor City in Q3 2026, median prices were AED 809,999 for a studio apartment (286 sales); AED 1.1 million for a 1-bedroom apartment (246 sales); AED 8.7 million for a 4-bedroom villa or townhouse (7 sales); AED 6.6 million for a 3-bedroom villa or townhouse (6 sales).

Apartments by bedroom, Motor City, Q3 2026
BedroomsSalesMedian pricePer sq ft
Studio286AED 809,999AED 2,051
1-bed246AED 1.1 millionAED 1,491
2-bed91AED 1.8 millionAED 1,580
3-bed30AED 2.9 millionAED 1,711
⚠4-bed3AED 7.1 millionAED 1,477
Villas and townhouses by bedroom, Motor City, Q3 2026
BedroomsSalesMedian priceNew lease registrationsMedian rent, a yearGross yield
⚠3-bed6AED 6.6 million5AED 190,000–
⚠4-bed7AED 8.7 million3AED 245,000–
⚠5-bed1AED 8.9 million2AED 450,0005.0%
What is the average rent in Motor City?

The median rental rate on new apartment lease registrations (Ejari) in Motor City was AED 76 per sq ft a year in Q3 2026, across 41 registrations. New villa and townhouse lease registrations had a median rental rate of AED 242,500 a year, across 10 registrations. 52 new leases and 26 renewals were registered with Ejari.

What is the rental yield in Motor City?

The gross rental yield on ready apartments in Motor City was 7.4% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 3.5%, comparing median new rents with median ready sale prices.

How much does property in Motor City cost in US dollars?

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Motor City in Q3 2026, the median apartment price of AED 1,748 per sq ft is approximately $476 per sq ft; the median villa and townhouse price of AED 7.0 million is approximately $1.91 million; the median new apartment rental rate of AED 76 per sq ft a year is approximately $21.

How does Motor City compare with Dubai?

The median apartment price in Motor City was 3% above the Dubai median in Q3 2026, at AED 1,748 per sq ft compared with AED 1,692.

Motor City against Dubai, Q3 2026
MeasureMotor CityDubai
Apartments, median per sq ftAED 1,748AED 1,692
⚠Villas and townhouses, medianAED 7.0 millionAED 3.7 million
New apartment rent, per sq ft a yearAED 76AED 94
Gross yield, apartments7.4%6.8%
⚠Villa rent, median a yearAED 242,500AED 180,000
⚠Gross yield, villas3.5%4.4%
Off-plan share of sales85%69%
Which buildings in Motor City recorded the most sales?

Binghatti Skyterraces by Binghatti recorded the most sales of any building in Motor City in Q3 2026, with 396 sales worth AED 378 million.

Buildings with the most sales, Motor City, Q3 2026
Building or sub-communityDeveloperSalesValueOff-planApartments, per sq ft
Binghatti SkyterracesAl Hebiah FirstBinghatti396AED 378 million100%AED 1,775
Sierra By ImanMotor CityIman50AED 62.1 million100%AED 1,698
TakayaMotor CityUnion Properties33AED 103 million100%AED 1,918
⚠MirdadMotor CityUnion Properties27AED 44.6 million100%AED 1,880
⚠Sobha OrbisMotor CitySobha14AED 19.0 million100%AED 1,900
⚠Sobha SolisMotor CitySobha13AED 23.6 million100%AED 2,040
⚠OIA ResidenceMotor CityUnion Properties12AED 24.6 million0%AED 1,076
⚠Ananda ResidencesMotor CityTiger11AED 12.5 million100%AED 1,780
⚠Velos ResidenceMotor CityCityView Developments9AED 11.9 million100%AED 1,819
⚠Beverly GrandeMotor CityHMB Homes9AED 9.7 million100%AED 1,633
Which developers recorded the most off-plan sales in Motor City?

Binghatti recorded the most off-plan sales in Motor City in Q3 2026, with 396 sales worth AED 378 million, accounting for 69% of off-plan sales. It was followed by Union Properties (60), Iman (57).

Developers by off-plan sales, Motor City, Q3 2026
DeveloperOff-plan salesValueShare of off-plan sales
Binghatti396AED 378 million69%
Union Properties60AED 148 million11%
Iman57AED 72.0 million10%
Sobha27AED 42.6 million5%
Tiger11AED 12.5 million2%
CityView Developments9AED 11.9 million2%
HMB Homes9AED 9.7 million2%
AQUA2AED 1.8 million0%
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). Motor City Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/motor-city/2026-q3. 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 Q3 2026 (July to September), compared with Q2 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 2 November 2026. This report is for general information and is not financial or investment advice.