Downtown Dubai: home prices, rents and trend

Data as of 13 Oct 2026. Sources: DLD — Real Estate Transactions (data.dubai open data); DLD — Rent Contracts / Ejari (data.dubai open data); DLD — Building and Property Project Records (data.dubai open data). Not endorsed by the DLD or the Government of Dubai. Not a valuation. How we calculate.

Ready sales, 12 months
1,319
Off-plan sales, 12 months
1,003
New rents (Ejari), 12 months
5,667
Home types priced
6 of 6

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At a glance

Home typeTypical priceRent a year
Studio apartment AED 1M – 1.28M
74 ready sales
AED 60k – 84k
423 new leases
1BR apartment AED 1.72M – 2.4M
500 ready sales
AED 100k – 130k
2,489 new leases
2BR apartment AED 2.85M – 4.3M
548 ready sales
AED 150k – 220k
2,060 new leases
3BR apartment AED 4.3M – 7.63M
172 ready sales
AED 235k – 350k
643 new leases
4BR apartment AED 14.25M – 28.32M
19 ready sales
AED 723k – 1.98M
47 new leases
5+BR apartment AED 15.5M – 48.15M
6 ready sales
—
5 new leases

Last 12 months. Typical = the middle half of registered deals. Outlook and comparables are under each home type.

By home type

Studio apartment · ≈520 sqft

Typical price
AED 1M – 1.28M
Median
AED 1.16M
Ready sales, 12 months
74
Size (median)
518 sq ft
Per sq ft (median)
AED 2,306

Why this range: the middle half (25th to 75th percentile) of 74 registered ready sales in the last 12 months. 308 off-plan sales were counted but not priced.

Rent: AED 60k – 84k a year, median AED 70k (423 new Ejari contracts started in the last 12 months)

12-month outlook

Central case -8.6% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 6 ready, 2 off-plan)
DateBuildingSq ftPrice, AED
13 Oct 2026
Off-plan
Binghatti Skyblade533 1,896,349
12 Oct 2026
Ready
Al NOUJOUM TOWER453 740,000
12 Oct 2026
Ready
BLVD CENTRAL PODIUM511 1,168,000
8 Oct 2026
Ready
Burj Views Podium595 941,407
30 Sep 2026
Ready
THE DUBAI MALL RESIDENCES647 2,176,470
28 Sep 2026
Ready
THE DUBAI MALL RESIDENCES551 2,128,000
24 Sep 2026
Ready
THE DUBAI MALL RESIDENCES604 2,000,000
22 Sep 2026
Off-plan
IL Primo506 2,282,888

From the DLD open data, without unit or plot numbers.

1BR apartment · ≈890 sqft

Typical price
AED 1.72M – 2.4M
Median
AED 2.05M
Ready sales, 12 months
500
Size (median)
889 sq ft
Per sq ft (median)
AED 2,284

Why this range: the middle half (25th to 75th percentile) of 500 registered ready sales in the last 12 months. 251 off-plan sales were counted but not priced.

Rent: AED 100k – 130k a year, median AED 115k (2,489 new Ejari contracts started in the last 12 months)

12-month outlook

Central case -12.2% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 7 ready, 1 off-plan)
DateBuildingSq ftPrice, AED
13 Oct 2026
Ready
REEHAN 4980 1,940,000
13 Oct 2026
Ready
LOFTS T EAST884 1,613,525
13 Oct 2026
Off-plan
City Center Residences757 2,050,000
12 Oct 2026
Ready
Residences_W11,023 2,430,000
12 Oct 2026
Ready
Burj Crown638 2,000,000
12 Oct 2026
Ready
Dunya Tower823 1,630,000
8 Oct 2026
Ready
BD 29 BLVD T21,044 2,000,000
7 Oct 2026
Ready
ELITE DOWNTOWN RESIDENCE807 1,600,000

From the DLD open data, without unit or plot numbers.

2BR apartment · ≈1,350 sqft

Typical price
AED 2.85M – 4.3M
Median
AED 3.4M
Ready sales, 12 months
548
Size (median)
1,350 sq ft
Per sq ft (median)
AED 2,552

Why this range: the middle half (25th to 75th percentile) of 548 registered ready sales in the last 12 months. 302 off-plan sales were counted but not priced.

Rent: AED 150k – 220k a year, median AED 180k (2,060 new Ejari contracts started in the last 12 months)

12-month outlook

Central case -8.2% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 5 ready, 3 off-plan)
DateBuildingSq ftPrice, AED
13 Oct 2026
Off-plan
Mercedes-Benz Places/Binghatti1,837 8,000,000
12 Oct 2026
Off-plan
The St. Regis Residences - Tower 11,127 5,700,000
12 Oct 2026
Ready
Burj Khalifa1,888 7,000,000
12 Oct 2026
Ready
The Address Residences Dubai Opera T11,196 6,535,000
12 Oct 2026
Ready
REEHAN 71,354 3,185,000
9 Oct 2026
Ready
Burj Crown972 2,250,000
9 Oct 2026
Ready
Burj Royale1,021 3,450,000
8 Oct 2026
Off-plan
Grande1,305 4,100,000

From the DLD open data, without unit or plot numbers.

3BR apartment · ≈1,950 sqft

Typical price
AED 4.3M – 7.63M
Median
AED 5.68M
Ready sales, 12 months
172
Size (median)
1,947 sq ft
Per sq ft (median)
AED 3,040

Why this range: the middle half (25th to 75th percentile) of 172 registered ready sales in the last 12 months. 100 off-plan sales were counted but not priced.

Rent: AED 235k – 350k a year, median AED 300k (643 new Ejari contracts started in the last 12 months)

12-month outlook

Central case -11.9% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 4 ready, 4 off-plan)
DateBuildingSq ftPrice, AED
12 Oct 2026
Ready
South Ridge 12,102 6,130,000
9 Oct 2026
Ready
THE SIGNATURE1,521 2,300,000
7 Oct 2026
Off-plan
Forte T21,533 4,350,000
7 Oct 2026
Off-plan
Act One Act Two Tower 21,509 5,600,000
6 Oct 2026
Off-plan
Forte T21,562 4,400,000
6 Oct 2026
Ready
THE RESIDENCES II - BOULEVARD VILLAS2,605 8,000,000
6 Oct 2026
Off-plan
Mercedes-Benz Places/Binghatti3,284 18,000,000
5 Oct 2026
Ready
Imperial Avenue1,895 4,300,000

From the DLD open data, without unit or plot numbers.

4BR apartment · ≈6,650 sqft

Typical price
AED 14.25M – 28.32M
Median
AED 24.48M
Ready sales, 12 months
19
Size (median)
6,650 sq ft
Per sq ft (median)
AED 3,990

Why this range: the middle half (25th to 75th percentile) of 19 registered ready sales in the last 12 months. 37 off-plan sales were counted but not priced.

Rent: AED 723k – 1.98M a year, median AED 1.5M (47 new Ejari contracts started in the last 12 months)

12-month outlook

Central case -21.8% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 2 ready, 6 off-plan)
DateBuildingSq ftPrice, AED
29 Sep 2026
Off-plan
IL Primo5,176 28,000,000
23 Sep 2026
Off-plan
Solara Tower Dubai4,139 20,121,220
24 Aug 2026
Off-plan
Imperial Avenue5,130 13,500,000
17 Aug 2026
Ready
Burj Khalifa10,042 24,381,213
14 Aug 2026
Off-plan
The St. Regis Residences - Tower 16,922 28,500,000
4 Aug 2026
Ready
THE 1186,650 25,000,000
29 Jul 2026
Off-plan
IL Primo5,300 27,000,000
28 Jul 2026
Off-plan
IL Primo5,300 30,000,000

From the DLD open data, without unit or plot numbers.

5+BR apartment · ≈6,680 sqft

Typical price
AED 15.5M – 48.15M
Median
AED 22M
Ready sales, 12 months
6
Size (median)
6,679 sq ft
Per sq ft (median)
AED 3,148

Why this range: the middle half (25th to 75th percentile) of 6 registered ready sales in the last 12 months. 5 off-plan sales were counted but not priced.

Rent: Only 5 new Ejari contracts in the last 12 months; we need at least 6.

12-month outlook

Central case -1.0% on today's median. Eight times out of ten we expect the outcome inside the band. Method: trend v0: segment level from a robust 12-month log-price regression with a community slope, projected with damping φ=0.5 (both chosen on 2011–2019 origins only); p10/p90 from realised backtest errors.

Recent registered sales (8: 4 ready, 4 off-plan)
DateBuildingSq ftPrice, AED
29 Jun 2026
Off-plan
IL Primo11,333 50,000,000
29 Jun 2026
Ready
Opera Grand3,978 11,500,000
17 Jun 2026
Off-plan
Baccarat Residence T29,426 53,000,000
15 Jun 2026
Off-plan
The Address Residences Dubai Opera T26,175 33,500,000
20 Apr 2026
Ready
RP HEIGHTS6,310 14,000,000
23 Mar 2026
Off-plan
Baccarat Residence T19,537 73,000,000
29 Jan 2026
Ready
Boulevard Point7,047 24,000,000
8 Jan 2026
Ready
Boulevard Point4,044 20,000,000

From the DLD open data, without unit or plot numbers.

Apartments by building

Buildings in Downtown Dubai with at least 6 registered ready sales of one apartment type in the last 12 months (48 in all; the 12 busiest here). Prices in a building can sit well above or below the area range.

BuildingTypeTypical priceSales
Burj Khalifa 1BR AED 2.78M – 3.21M
AED 2,775/sq ft
44
2BR AED 5M – 7M
AED 3,009/sq ft
53
3BR AED 7.03M – 9.5M
AED 3,525/sq ft
14
Burj Crown 1BR AED 1.89M – 2.1M
AED 3,176/sq ft
12
2BR AED 2.26M – 2.82M
AED 2,411/sq ft
26
3BR AED 3.7M – 4.1M
AED 2,912/sq ft
9
Grande 1BR AED 2.3M – 2.65M
AED 3,046/sq ft
13
2BR AED 3.9M – 6.13M
AED 4,537/sq ft
23
3BR AED 7.01M – 8.15M
AED 3,927/sq ft
10
Imperial Avenue 1BR AED 1.57M – 2.5M
AED 2,239/sq ft
18
2BR AED 3M – 3.6M
AED 2,181/sq ft
21
3BR AED 5.09M – 5.95M
AED 2,721/sq ft
6
Forte T1 2BR AED 2.85M – 3.15M
AED 2,789/sq ft
21
3BR AED 4.95M – 5.3M
AED 3,037/sq ft
13
The Address Residences Dubai Opera T2 1BR AED 2.84M – 3.09M
AED 3,609/sq ft
6
2BR AED 3.88M – 4.3M
AED 3,352/sq ft
21
3BR AED 7.28M – 7.58M
AED 4,705/sq ft
7
THE SIGNATURE 1BR AED 1.22M – 1.4M
AED 1,533/sq ft
24
2BR AED 1.9M – 2.15M
AED 1,482/sq ft
6
Boulevard Point 1BR AED 2.11M – 2.58M
AED 2,528/sq ft
14
2BR AED 3.66M – 5.42M
AED 2,769/sq ft
12
BURJ VISTA Tower 1 2BR AED 3.25M – 4.8M
AED 2,545/sq ft
15
3BR AED 7.29M – 7.95M
AED 3,837/sq ft
14
THE DUBAI MALL RESIDENCES Studio AED 1.93M – 2.21M
AED 3,346/sq ft
12
1BR AED 2.32M – 2.63M
AED 3,080/sq ft
19
The Address Residences Dubai Opera T1 2BR AED 4M – 4.35M
AED 3,348/sq ft
23
8 BLVD WALK 1BR AED 1.6M – 1.78M
AED 1,776/sq ft
21

Ready sales in the last 12 months; price per sq ft is the median.

Check an asking price in a building →

Market trend

Quarterly index of ready-sale prices and new rents, adjusted for the mix of home types and sizes sold each quarter (2025Q1 = 100).

601001102021Q42026Q3
Ready-sale prices: 95.2 in 2026Q3New rents (Ejari): 83.5 in 2026Q3
Index figures
QuarterSale indexRent index
2026Q395.2(n 317)83.5(n 1,969)
2026Q295.4(n 227)88.3(n 981)
2026Q1102.6(n 354)102.9(n 1,106)
2025Q4102.6(n 439)103(n 1,588)
2025Q399.9(n 421)98.4(n 1,637)
2025Q297.8(n 466)99.4(n 1,209)
2025Q1100(n 562)100(n 1,306)
2024Q494.9(n 520)100.8(n 1,617)
2024Q389.8(n 454)93.2(n 1,434)
2024Q289.7(n 460)92.8(n 1,073)
2024Q187.8(n 512)93.7(n 1,296)
2023Q485.1(n 601)93.8(n 1,441)
2023Q378.5(n 432)89.8(n 1,166)
2023Q278.5(n 561)89.2(n 846)
2023Q174.5(n 330)85.5(n 956)
2022Q474.6(n 367)81.3(n 1,123)
2022Q371.8(n 347)76.4(n 1,099)
2022Q268.5(n 442)73.7(n 801)
2022Q163.3(n 286)70(n 864)
2021Q460.9(n 266)63.5(n 1,242)

Mix-adjusted price change: -11.2% a year over the last 12 months, -0.8% a year over 24 months. Ready sales in the last 6 months: 557, against 762 in the 6 months before.

Track record

Track record

How well have our forecasts done?

Our model, average error
17.5%
Simple median, average error
29.3%
Past predictions checked
106
Outcomes inside the 80% band
88%

On 106 past 12-month predictions, made only with data available at the time, our model's average error was 40% lower than simply carrying forward the median price.

An honest 80% band should contain about 80% of outcomes; ours contained 88%.

How we test: method.

Brokers who know Downtown Dubai

No broker guides for Downtown Dubai yet. Guides are written with registered brokers, signed with their BRN, and published only after they approve the final text.

Data and licence

Source: Dubai Land Department (DLD) open data, published on data.dubai. Analysis: FairSqft. Not endorsed by the DLD or the Government of Dubai. Datasets: DLD — Real Estate Transactions (data.dubai open data) (retrieved 15 Oct 2026), DLD — Rent Contracts / Ejari (data.dubai open data) (retrieved 15 Oct 2026), DLD — Building and Property Project Records (data.dubai open data) (retrieved 15 Oct 2026). The figures on this page are derived from that data and offered under the same Dubai Open Data Licence (data.dubai), with no additional terms. Based on Dubai Land Department open data. Not a valuation, not financial advice. DLD area: Burj Khalifa. For software and AI agents: MCP server and API.

Coverage: segments with a price range cover ≥ 80% of the area's ready sales in 12 months, with rent, at least one forecast, and off-plan at most 50% of sales (off-plan is not priced).