Hadaeq Sheikh Mohammed Bin Rashid

Resale apartments

12 months to 3 Oct 2026
Median resale price
AED2,300/sqft
↑ 1.8% vs prior 12 months
Dubai apartmentsAED 1,553Downtown DubaiAED 2,720Median priceAED 2M
Gross rental yield
7.0%
Before service charges
Downtown Dubai7.0%Capital appreciation, 12m7.0%
Resale transactions
1,390in 12 months
↓ 11.7% vs prior 12 months
Share of Dubai apartment resale3.6%Quarterly average348
Area demand rank
9thof 73 areas
By resale transaction count
1stAl Barsha South Fourth2ndBusiness Bay

Supply balance

4.8×
1,943
9,251
Current supply 1,943 unitsAnnounced pipeline 9,251 units across 0 projectsPipeline is 4.8× current supply

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How to read this. Prices are medians, not averages, so a handful of unusually large or premium sales does not move the headline. Resale covers secondary sales only and excludes off-plan and first sales from the developer. Gross yield is the area-level rent to price indicator, before service charges, agency fees and vacancy. Supply figures are current totals and are not tied to the 12 month comparison window.
Hadaeq Sheikh Mohammed Bin Rashid · Resale apartments

Where the 12 months sit

2017 Q1 to 2026 Q4
Quarterly registrations · latest quarter in progress

Resale transactions per quarter

Registered secondary sales

3852026 Q3
LAST 12 MONTHS02004006002017 Q1: 6 deals20172017 Q2: 5 deals2017 Q3: 8 deals2017 Q4: 3 deals2018 Q1: 8 deals20182018 Q2: 7 deals2018 Q3: 5 deals2018 Q4: 17 deals2019 Q1: 3 deals20192019 Q2: 9 deals2019 Q3: 17 deals2019 Q4: 29 deals2020 Q1: 17 deals20202020 Q2: 11 deals2020 Q3: 46 deals2020 Q4: 34 deals2021 Q1: 52 deals20212021 Q2: 53 deals2021 Q3: 62 deals2021 Q4: 89 deals2022 Q1: 94 deals20222022 Q2: 158 deals2022 Q3: 206 deals2022 Q4: 276 deals2023 Q1: 230 deals20232023 Q2: 295 deals2023 Q3: 279 deals2023 Q4: 535 deals2024 Q1: 512 deals20242024 Q2: 331 deals2024 Q3: 306 deals2024 Q4: 389 deals2025 Q1: 436 deals20252025 Q2: 442 deals2025 Q3: 315 deals2025 Q4: 361 deals2026 Q1: 383 deals20262026 Q2: 260 deals2026 Q3: 385 deals2026 Q4: 12 deals (in progress)385

2026 Q4 is in progress and drawn hollow; the headline is the latest complete quarter.

Median price per sqft per quarter

Median registered resale price

AED 2,1902026 Q3
AED 750AED 1,000AED 1,250AED 1,500AED 1,750AED 2,000AED 2,250AED 2,5002017 Q1: AED 1,200/sqft2018 Q1: AED 1,070/sqft2019 Q1: AED 990/sqft2020 Q1: AED 960/sqft2021 Q1: AED 1,080/sqft2022 Q1: AED 1,380/sqft2023 Q1: AED 1,750/sqft2024 Q1: AED 2,050/sqft2025 Q1: AED 2,230/sqft2026 Q1: AED 2,390/sqft2026 Q4 (in progress): AED 2,160/sqft2017201820192020202120222023202420252026AED 2,190

The dashed segment is the quarter in progress.

VolumeThe last 12 months delivered 1,390 resale deals, down 11.7% on the prior 12 months. The shaded band marks that window on both charts.
PricePrice per sqft printed AED 2,190 in 2026 Q3, up 1.8% year on year. Prices are holding up while volume eases, so the two lines are no longer moving together. That gap is the thing to watch.
Hadaeq Sheikh Mohammed Bin Rashid · 12 months to 3 Oct 2026

Yield by building

Ranked by gross yield
Buildings with 10+ resale deals
#
Building
Deals
Median sale
Median rent
Yield
1
Elvira 1
37resale deals
AED 2,450,000median sale
AED 300,000median annual rent
12.2%gross
2
MAG 960
10resale deals
AED 770,000median sale
AED 70,000median annual rent
9.1%gross
3
399 Hills Park B
32resale deals
AED 2,578,425median sale
AED 235,000median annual rent
9.1%gross
4
MAG 910
10resale deals
AED 744,500median sale
AED 60,000median annual rent
8.1%gross
5
Mulberry 2 At Park Heights Building B1
11resale deals
AED 2,500,000median sale
AED 190,000median annual rent
7.6%gross
6
Collective 2.0 Tower B
27resale deals
AED 1,200,000median sale
AED 90,000median annual rent
7.5%gross
7
MAG 890
12resale deals
AED 777,500median sale
AED 57,000median annual rent
7.3%gross
8
Park Heights 2 T1
27resale deals
AED 1,450,000median sale
AED 106,500median annual rent
7.3%gross
Income buyers High yield with a high deal count means income and an exit. Yield alone with few deals means the building is hard to sell out of.
Owners A building at the bottom of this table is not underperforming. It is priced for capital, not income, and it attracts a different buyer.
Method. Deals are registered resale sales over the trailing 12 months. Median rent is taken from new registered tenancy contracts only, renewals excluded, so the figure tracks what a unit lets for today rather than what sitting tenants pay. Yield is median rent divided by median sale price for the same building, gross of service charges. Buildings shown have at least 10 deals and both medians available.

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