The Greens Market Report: Q3 2026
In Q3 2026, the median apartment price in The Greens was AED 1,749 per sq ft, across 98 residential sales transactions worth AED 191 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 98
- Residential sales transactions +34.2%
- AED191 million
- Sales value +21.8%
- AED1,749
- Apartments, median price per sq ft −3.9%
- 0%
- Off-plan share of sales 0 off-plan sales
- 66
- New lease registrations (Ejari) +69.2%
- AED112
- Apartment rent per sq ft, a year −6.1%
- 6.4%
- Gross rental yield, apartments −0.1 pts
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 The Greens in Q3 2026?
Residential sales transactions in The Greens totalled 98 in Q3 2026, worth AED 191 million. Sales rose 34.2% quarter-on-quarter. Off-plan sales accounted for 0% of the total and owner resales 100%.
What is the price per sq ft in The Greens?
The median apartment price in The Greens was AED 1,749 per sq ft in Q3 2026, across 94 sales; it declined 3.9% quarter-on-quarter, and was 3% above the Dubai median.
Are property prices in The Greens going up or down?
The median apartment price in The Greens declined 7.4% between Q1 2026 and Q3 2026, from AED 1,889 to AED 1,749 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| Q1 2026 | 127 | AED 246 million | AED 1,889 | – | 43 | AED 125 | 6.6% |
| Q2 2026 | 73 | AED 156 million | AED 1,820 | – | 39 | AED 119 | 6.5% |
| Q3 2026 | 98 | AED 191 million | AED 1,749 | – | 66 | AED 112 | 6.4% |
How much does a home in The Greens cost by number of bedrooms?
In The Greens in Q3 2026, median prices were AED 1.4 million for a 1-bedroom apartment (44 sales); AED 2.4 million for a 2-bedroom apartment (40 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| ⚠Studio | 5 | AED 825,000 | AED 1,843 |
| 1-bed | 44 | AED 1.4 million | AED 1,758 |
| 2-bed | 40 | AED 2.4 million | AED 1,728 |
| ⚠3-bed | 8 | AED 3.3 million | AED 1,756 |
What is the average rent in The Greens?
The median rental rate on new apartment lease registrations (Ejari) in The Greens was AED 112 per sq ft a year in Q3 2026, across 66 registrations. 66 new leases and 70 renewals were registered with Ejari.
What is the rental yield in The Greens?
The gross rental yield on ready apartments in The Greens was 6.4% in Q3 2026, comparing median new rents with median ready sale prices per sq ft.
How much does property in The Greens cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in The Greens in Q3 2026, the median apartment price of AED 1,749 per sq ft is approximately $476 per sq ft; the median new apartment rental rate of AED 112 per sq ft a year is approximately $30.
How does The Greens compare with Dubai?
The median apartment price in The Greens was 3% above the Dubai median in Q3 2026, at AED 1,749 per sq ft compared with AED 1,692.
| Measure | The Greens | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,749 | AED 1,692 |
| New apartment rent, per sq ft a year | AED 112 | AED 94 |
| Gross yield, apartments | 6.4% | 6.8% |
| Off-plan share of sales | 0% | 69% |
Which buildings in The Greens recorded the most sales?
Tanaro recorded the most sales of any building in The Greens in Q3 2026, with 8 sales worth AED 18.3 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| ⚠TanaroThe Greens | – | 8 | AED 18.3 million | 0% | AED 1,834 |
| ⚠MoselaThe Greens | – | 5 | AED 12.1 million | 0% | AED 1,849 |
| ⚠PanoramaThe Greens | – | 1 | AED 3.2 million | 0% | AED 1,825 |
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). The Greens Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/the-greens/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.