Building · Greece Cluster, International City · Sale prices

Studio Apartment Prices in L-04 2026

The median sale price of a studio apartment in L-04 was AED 310,000 in the 12 months to 19 Oct 2026, based on 1 registered sales — 0.9% higher than the same 12 months a year earlier. The median price per square foot was AED 630 (−1.3% year on year). That is 55% below the Dubai-wide median of AED 689,000 for the same studio apartment mix.

Period: 12 months to 19 Oct 2026Compared with: same 12 months a year earlierSample: 1 salesUpdated: 19 Oct 2026
Median sale price
AED 310,000
+0.9% YoY
1 sales · the 12 months to 19 Oct 2026
Median price per sq ft
AED 630
−1.3% YoY
1 sales · the 12 months to 19 Oct 2026
Registered sales
1
0.0% YoY
worth AED 310K · the 12 months to 19 Oct 2026
Gross rental yield
9.35%
median rent AED 29,000/yr · yield details

What are the key price figures for studio apartments in L-04?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 19 Oct 2026.
MetricValuePeriodBasis
Median sale priceAED 310,00012 months to 19 Oct 20261 sales; +0.9% vs the same 12 months a year earlier
Median price per sq ftAED 63012 months to 19 Oct 20261 sales; −1.3% vs the same 12 months a year earlier
Number of sales112 months to 19 Oct 20260.0% vs the same 12 months a year earlier
Total sales valueAED 310,00012 months to 19 Oct 2026+0.9% vs the same 12 months a year earlier
Lowest / highest saleAED 310K – AED 310K12 months to 19 Oct 2026single registered sales (not typical prices)
Unit size range480 – 500 sq ftall units on record32 units
Median annual rentAED 29,00012 months to 19 Oct 202623 units currently rented
Gross rental yield9.35%12 months to 19 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 19 Oct 2026change in property value over the period
Units on record32current1 sold in the 12 months to 19 Oct 2026 (3.1% of stock)
Units available for sale2currentactive listings matched to units
Developer (primary) median priceAED 250,000all time32 developer sales; AED 520 per sq ft
Launch date22/10/2007—project record
Completion / handover date30/01/2012—project record

How have apartment prices in L-04 changed since 2012?

Calendar-year figures for all apartments in L-04 (a bedroom-level yearly series is not published).

2012–2026 (to 19 Oct 2026)
L-04 median price per sq ft and sales by year
SalesMedian price per sq ft (AED)
20125299
201312503
20149707
20152642
20166688
20174646
20185586
20196437
20202439
20217402
20227428
20233499
20242477
20252604
2026 YTD1626
Registered sales and median price per sq ft by year, L-04, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 19 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 19 Oct 2026)1part yearAED 310KAED 310,000AED 626+3.7%
202520.0%AED 727KAED 363,570AED 604+26.7%
20242−33.3%AED 698KAED 349,000AED 477−4.5%
20233−57.1%AED 725KAED 247,000AED 499+16.7%
202270.0%AED 1.41MAED 207,000AED 428+6.4%
20217+250.0%AED 1.56MAED 204,000AED 402−8.4%
20202−66.7%AED 530KAED 265,000AED 439+0.4%
20196+20.0%AED 1.62MAED 267,500AED 437−25.4%
20185+25.0%AED 1.39MAED 290,000AED 586−9.3%
20174−33.3%AED 1.4MAED 327,500AED 646−6.1%
20166+200.0%AED 2.12MAED 341,500AED 688+7.1%
20152−77.8%AED 775KAED 387,500AED 642−9.2%
20149−25.0%AED 3.63MAED 370,000AED 707+40.4%
201312+140.0%AED 3.56MAED 290,000AED 503+68.4%
20125—AED 940KAED 197,000AED 299—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does L-04 compare with Greece Cluster and Dubai?

Same property mix, same window (the 12 months to 19 Oct 2026).

MetricL-04Greece ClusterDubai
Median sale priceAED 310,000AED 325,000AED 689,000
Median price per sq ftAED 630AED 670AED 1,750
Price per sq ft YoY−1.3%+7.5%+3.5%
Sales16643,452
Gross rental yield9.35%9.23%5.81%

What are the latest registered sales of studio apartments in L-04?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
04/05/2026L-04Studio Apartment495 sq ftAED 310,000AED 626Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 19 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments with studio layouts, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/l-04/apartments/studio
Studio Apartment Prices in L-04 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-prices/l-04/apartments/studio

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in L-04 for studio apartments?
The median sale price of a studio apartment in L-04 was AED 310,000 in the 12 months to 19 Oct 2026, from 1 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in L-04 for apartments?
The median price per square foot of studio apartments in L-04 was AED 630 in the 12 months to 19 Oct 2026, −1.3% compared with the same 12 months a year earlier.
How many properties were sold in L-04 in the last 12 months?
1 sales of studio apartments worth AED 310,000 were registered in L-04 in the 12 months to 19 Oct 2026 (0.0% year on year).
Are property prices in L-04 going up?
Over the 12 months to 19 Oct 2026 the median price per square foot of studio apartments in L-04 changed −1.3%. In calendar year 2025 it was AED 604 (+26.7% on 2024), and AED 626 so far in 2026.
What is the rental yield in L-04 for apartments?
The gross rental yield of studio apartments in L-04 is 9.35% (the 12 months to 19 Oct 2026), with a median annual rent of AED 29,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-prices/l-04/apartments/studio