The Neighbourhood

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Al Barari
146
Total Units
134
Sold
⃃ 1,672,200
Median Price
⃃ 1,740
Median Price /sqft
Construction progress: undefined%
Start: —Completion: —

The Neighbourhood Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio24440 sqft - 710 sqft⃃ 0.9M (1,740 /sqft)⃃ 1,780 /sqft
-2.54
1 Bed73740 sqft - 1,650 sqft⃃ 1.9M (1,740 /sqft)⃃ 1,380 /sqft
25.64
2 Beds371,250 sqft - 2,220 sqft⃃ 2.7M (1,740 /sqft)⃃ 1,260 /sqft
38.11
4 Beds310,990 sqft - 11,610 sqft⃃ 1,860 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
The NeighbourhoodWadi Al Safa 3
Feb 2019—736
Mar 2019—956
Apr 2019—726
May 20191.1K799
Jun 20191.2K1.2K
Jul 20191.4K1.0K
Aug 2019—740
Sep 2019—1.1K
Oct 2019—503
Nov 20191.1K830
Dec 20191.5K707
Jan 2020—591
Feb 2020—472
Mar 2020—587
Apr 2020—454
May 2020—564
Jun 2020—591
Jul 2020—643
Aug 2020—453
Sep 2020—569
Oct 2020—709
Nov 2020—473
Dec 20201.2K759
Jan 2021—606
Feb 2021—662
Mar 2021—1.0K
Apr 2021—716
May 2021—882
Jun 2021—776
Jul 2021—768
Aug 20211.3K855
Sep 2021—741
Oct 2021—585
Nov 20211.0K1.0K
Dec 20211.2K927
Jan 20221.2K1.0K
Feb 20221.2K815
Mar 20221.3K944
Apr 20221.1K877
May 20221.6K936
Jun 202232.4K819
Jul 2022—820
Aug 20221.7K832
Sep 20221.6K965
Oct 2022—823
Nov 20221.3K1.4K
Dec 20221.4K1.7K
Jan 20231.9K1.4K
Feb 20231.7K1.3K
Mar 20231.9K1.4K
Apr 20231.7K1.6K
May 20231.9K1.5K
Jun 2023—1.5K
Jul 2023—1.5K
Aug 20231.9K1.5K
Sep 2023—1.2K
Oct 20231.7K1.2K
Nov 20231.9K1.9K
Dec 2023—1.6K
Jan 2024—1.5K
Feb 20241.7K1.4K
Mar 20241.4K1.5K
Apr 20242.2K1.6K
May 2024—1.4K
Jun 2024—1.2K
Jul 2024—1.3K
Aug 20241.9K1.4K
Sep 20242.4K1.4K
Oct 20242.4K1.4K
Nov 20242.0K1.5K
Dec 20242.5K1.5K
Jan 20252.2K1.5K
Feb 20252.0K1.5K
Mar 20252.0K1.6K
Apr 20252.3K1.5K
May 2025—1.4K
Jun 20252.6K1.4K
Jul 2025—1.8K
Aug 2025—1.5K
Sep 20251.6K1.4K
Oct 20252.2K1.5K
Nov 20252.2K1.4K
Dec 2025—1.8K
Jan 20261.2K1.8K
Feb 20261.7K1.7K
Mar 20261.8K1.5K
Apr 20262.4K1.6K
May 2026—1.4K
Jun 20262.8K1.7K
Jul 2026821.5K
Aug 2026311.5K
Sep 2026—1.4K
Oct 2026—1.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment—939 sqft8.31 sqft
1Apartment—1,123 sqft26.05 sqft
1Apartment—814 sqft13.61 sqft
1Apartment—1,027 sqft16.63 sqft
1Apartment—941 sqft10.82 sqft
1Apartment—1,122 sqft23.58 sqft
1Apartment—815 sqft13.66 sqft
1Apartment—1,105 sqft26.38 sqft
1Apartment—940 sqft8.41 sqft
1Apartment—1,127 sqft26.47 sqft
1Apartment—821 sqft14.26 sqft
1Apartment—1,033 sqft17.2 sqft
1Apartment—851 sqft2.34 sqft
1Apartment—1,235 sqft34.06 sqft
1Apartment—810 sqft13.21 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

The Neighbourhood Real Estate Data – FAQ

  • What is the current property supply in The Neighbourhood?

    The Neighbourhood has a total residential supply of approximately 17 units. This represents completed and available inventory within the area.

  • How active is the real estate market in The Neighbourhood?

    The Neighbourhood recorded 59 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in The Neighbourhood?

    The median transaction price in The Neighbourhood is ⃃ 1,740 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in The Neighbourhood?

    The gross rental yield in The Neighbourhood is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in The Neighbourhood?

    Property prices in The Neighbourhood have shown a capital appreciation of -20.81% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in The Neighbourhood?

    There are currently 0 active off-plan projects in The Neighbourhood, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in The Neighbourhood?

    The total off-plan pipeline in The Neighbourhood includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is The Neighbourhood a good area for property investment?

    The Neighbourhood is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 9%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In The Neighbourhood, this is 9%, indicating relatively strong income performance compared to global markets.