Town Square Market Report: September 2026

Residential sales transactions in Town Square totalled 109 in September 2026, worth AED 178 million. Sales rose 18.5% month-on-month. Off-plan sales accounted for 41% of the total and owner resales 50%.

The median apartment price in Town Square was AED 1,428 per sq ft in September 2026, across 91 sales; it rose 3.2% month-on-month, and was 14% below the Dubai median. The median villa and townhouse price was AED 2.9 million, across 18 sales; it declined 2.2% month-on-month.

The monthly median apartment price in Town Square declined 10.3% between January 2026 and September 2026.

In Town Square in September 2026, median prices were AED 1.5 million for a 2-bedroom apartment (50 sales); AED 910,000 for a 1-bedroom apartment (31 sales); AED 2.8 million for a 3-bedroom villa or townhouse (12 sales); AED 3.4 million for a 4-bedroom villa or townhouse (6 sales).

The median rental rate on new apartment lease registrations (Ejari) in Town Square was AED 104 per sq ft a year in September 2026, across 291 registrations. New villa and townhouse lease registrations had a median rental rate of AED 150,000 a year, across 82 registrations. 373 new leases and 435 renewals were registered with Ejari.

The gross rental yield on ready apartments in Town Square was 7.8% in September 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 5.1%, 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 Town Square in September 2026, the median apartment price of AED 1,428 per sq ft is approximately $389 per sq ft; the median villa and townhouse price of AED 2.9 million is approximately $799,183; the median new apartment rental rate of AED 104 per sq ft a year is approximately $28.

The median apartment price in Town Square was 14% below the Dubai median in September 2026, at AED 1,428 per sq ft compared with AED 1,662.

Town Square Zahra by Nshama recorded the most sales of any building in Town Square in September 2026, with 8 sales worth AED 16.1 million.

Nshama recorded the most off-plan sales in Town Square in September 2026, with 38 sales worth AED 56.9 million, accounting for 84% of off-plan sales.

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.