Sobha One Market Report: Q3 2026
In Q3 2026, the median apartment price in Sobha One was AED 2,400 per sq ft, across 67 residential sales transactions worth AED 174 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 67
- Residential sales transactions −6.9%
- AED174 million
- Sales value −12.5%
- AED2,400
- Apartments, median price per sq ft −0.9%
- 100%
- Off-plan share of sales 67 off-plan sales
- 0
- New lease registrations (Ejari) −100.0%
Apartments, median price per sq ft
Lighter bars: fewer than 30 sales
Apartment rent, median per sq ft a year
Lighter bars: fewer than 30 leases
Apartment sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
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FAQ
How many residential sales transactions were recorded in Sobha One in Q3 2026?
Residential sales transactions in Sobha One totalled 67 in Q3 2026, worth AED 174 million. Sales declined 6.9% quarter-on-quarter. Off-plan sales accounted for 100% of the total and owner resales 0%.
What is the price per sq ft in Sobha One?
The median apartment price in Sobha One was AED 2,400 per sq ft in Q3 2026, across 67 sales; it declined 0.9% quarter-on-quarter, and was 42% above the Dubai median.
Are property prices in Sobha One going up or down?
The median apartment price in Sobha One rose 1.3% between Q1 2026 and Q3 2026, from AED 2,368 to AED 2,400 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| ⚠Q1 2026 | 72 | AED 169 million | AED 2,368 | – | 10 | AED 104 | – |
| ⚠Q2 2026 | 72 | AED 199 million | AED 2,422 | – | 7 | AED 100 | – |
| Q3 2026 | 67 | AED 174 million | AED 2,400 | – | 0 | – | – |
How much does a home in Sobha One cost by number of bedrooms?
In Sobha One in Q3 2026, median prices were AED 1.7 million for a 1-bedroom apartment (39 sales); AED 2.5 million for a 2-bedroom apartment (18 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| 1-bed | 39 | AED 1.7 million | AED 2,400 |
| ⚠2-bed | 18 | AED 2.5 million | AED 2,175 |
| ⚠3-bed | 6 | AED 5.1 million | AED 2,600 |
| ⚠4-bed | 4 | AED 9.1 million | AED 2,605 |
How much does property in Sobha One cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Sobha One in Q3 2026, the median apartment price of AED 2,400 per sq ft is approximately $653 per sq ft.
How many prime sales were recorded in Sobha One?
2 prime sales (AED 10 million and above) were recorded in Sobha One in Q3 2026, worth AED 21.0 million and accounting for 3.0% of sales. Villas and townhouses accounted for 0 of them and off-plan sales for 2.
How does Sobha One compare with Dubai?
The median apartment price in Sobha One was 42% above the Dubai median in Q3 2026, at AED 2,400 per sq ft compared with AED 1,692.
| Measure | Sobha One | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 2,400 | AED 1,692 |
| Off-plan share of sales | 100% | 69% |
Which buildings in Sobha One recorded the most sales?
Sobha One by Sobha recorded the most sales of any building in Sobha One in Q3 2026, with 50 sales worth AED 102 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Sobha OneRas Al Khor Industrial First | Sobha | 50 | AED 102 million | 100% | AED 2,293 |
| ⚠The Element at Sobha OneRas Al Khor Industrial First | Sobha | 17 | AED 71.6 million | 100% | AED 2,575 |
Which developers recorded the most off-plan sales in Sobha One?
Sobha recorded the most off-plan sales in Sobha One in Q3 2026, with 67 sales worth AED 174 million, accounting for 100% of off-plan sales.
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Sobha | 67 | AED 174 million | 100% |
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). Sobha One Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/sobha-one/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.