Building · France Cluster, International City · Sale prices

Studio Apartment Prices in P-03 2026

The median sale price of a studio apartment in P-03 was ⃃ 326,000 in the 12 months to 16 Oct 2026, based on 2 registered sales — 1.9% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 670 (+1.9% year on year). That is 52.7% below the Dubai-wide median of ⃃ 689,000 for the same studio apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 2 salesUpdated: 18 Oct 2026
Median sale price
⃃ 326,000
+1.9% YoY
2 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 670
+1.9% YoY
2 sales · the 12 months to 16 Oct 2026
Registered sales
2
−50.0% YoY
worth ⃃ 652K · the 12 months to 16 Oct 2026
Gross rental yield
9.2%
median rent ⃃ 30,000/yr · yield details

What are the key price figures for studio apartments in P-03?

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

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 326,00012 months to 16 Oct 20262 sales; +1.9% vs the same 12 months a year earlier
Median price per sq ft⃃ 67012 months to 16 Oct 20262 sales; +1.9% vs the same 12 months a year earlier
Number of sales212 months to 16 Oct 2026−50.0% vs the same 12 months a year earlier
Total sales value⃃ 652,36412 months to 16 Oct 2026−48.3% vs the same 12 months a year earlier
Lowest / highest sale⃃ 317K – ⃃ 335K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range480 – 480 sq ftall units on record32 units
Median annual rent⃃ 30,00012 months to 16 Oct 202618 units currently rented
Gross rental yield9.2%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record32current2 sold in the 12 months to 16 Oct 2026 (6.3% of stock)
Units available for sale4currentactive listings matched to units
Developer (primary) median price⃃ 255,000all time32 developer sales; ⃃ 530 per sq ft
Launch date22/10/2007—project record
Completion / handover date30/01/2012—project record

How have apartment prices in P-03 changed since 2012?

Calendar-year figures for all apartments in P-03 (a bedroom-level yearly series is not published).

2012–2026 (to 16 Oct 2026)
P-03 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20126423
201317583
201410719
20155723
20163744
20176715
20187539
20191465
20202480
20214418
202210444
20232482
20244523
20259617
2026 YTD4624
Registered sales and median price per sq ft by year, P-03, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 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 16 Oct 2026)4part year⃃ 1.54M⃃ 387,500⃃ 624+1.1%
20259+125.0%⃃ 3.42M⃃ 400,000⃃ 617+18.0%
20244+100.0%⃃ 1.32M⃃ 337,500⃃ 523+8.5%
20232−80.0%⃃ 580K⃃ 290,000⃃ 482+8.6%
202210+150.0%⃃ 2.84M⃃ 287,500⃃ 444+6.1%
20214+100.0%⃃ 920K⃃ 212,500⃃ 418−12.9%
20202+100.0%⃃ 465K⃃ 232,500⃃ 480+3.3%
20191−85.7%⃃ 225K⃃ 225,000⃃ 465−13.8%
20187+16.7%⃃ 2.12M⃃ 300,000⃃ 539−24.6%
20176+100.0%⃃ 2.16M⃃ 360,000⃃ 715−3.9%
20163−40.0%⃃ 1.08M⃃ 360,000⃃ 744+2.9%
20155−50.0%⃃ 2.1M⃃ 365,000⃃ 723+0.6%
201410−41.2%⃃ 4.26M⃃ 420,000⃃ 719+23.4%
201317+183.3%⃃ 5.59M⃃ 330,000⃃ 583+37.7%
20126—⃃ 1.64M⃃ 282,000⃃ 423—

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

How does P-03 compare with France Cluster and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricP-03France ClusterDubai
Median sale price⃃ 326,000⃃ 350,000⃃ 689,000
Median price per sq ft⃃ 670⃃ 720⃃ 1,750
Price per sq ft YoY+1.9%+7.7%+3.4%
Sales24243,486
Gross rental yield9.2%8.29%5.81%

What are the latest registered sales of studio apartments in P-03?

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

DatePropertyTypeSizePricePer sq ftMarket
20/08/2026P-03Studio Apartment484 sq ft⃃ 335,000⃃ 692Resale · 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 16 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/p-03/apartments/studio
Studio Apartment Prices in P-03 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/p-03/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 P-03 for studio apartments?
The median sale price of a studio apartment in P-03 was ⃃ 326,000 in the 12 months to 16 Oct 2026, from 2 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 P-03 for apartments?
The median price per square foot of studio apartments in P-03 was ⃃ 670 in the 12 months to 16 Oct 2026, +1.9% compared with the same 12 months a year earlier.
How many properties were sold in P-03 in the last 12 months?
2 sales of studio apartments worth ⃃ 652,364 were registered in P-03 in the 12 months to 16 Oct 2026 (−50.0% year on year).
Are property prices in P-03 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of studio apartments in P-03 changed +1.9%. In calendar year 2025 it was ⃃ 617 (+18.0% on 2024), and ⃃ 624 so far in 2026.
What is the rental yield in P-03 for apartments?
The gross rental yield of studio apartments in P-03 is 9.2% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 30,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/p-03/apartments/studio