Building · Italy Cluster, International City · Sale prices

U02 Property Prices 2026

The median property sale price in U02 was ⃃ 430,000 in the 12 months to 16 Oct 2026, based on 5 registered sales — 37.6% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 590 (+1.9% year on year). That is 69.7% below the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 5 salesUpdated: 18 Oct 2026
Median sale price
⃃ 430,000
+37.6% YoY
5 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 590
+1.9% YoY
5 sales · the 12 months to 16 Oct 2026
Registered sales
5
−50.0% YoY
worth ⃃ 2.27M · the 12 months to 16 Oct 2026
Gross rental yield
8.14%
median rent ⃃ 35,000/yr · yield details

What are the key price figures for U02?

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⃃ 430,00012 months to 16 Oct 20265 sales; +37.6% vs the same 12 months a year earlier
Median price per sq ft⃃ 59012 months to 16 Oct 20265 sales; +1.9% vs the same 12 months a year earlier
Number of sales512 months to 16 Oct 2026−50.0% vs the same 12 months a year earlier
Total sales value⃃ 2,272,50012 months to 16 Oct 2026−32.8% vs the same 12 months a year earlier
Lowest / highest sale⃃ 280K – ⃃ 795K12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 35,00012 months to 16 Oct 202674 units currently rented
Gross rental yield8.14%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+40.0%12 months to 16 Oct 2026change in property value over the period
Units on record112current5 sold in the 12 months to 16 Oct 2026 (4.5% of stock)
Units available for sale3currentactive listings matched to units
Developer (primary) median price⃃ 300,000all time112 developer sales; ⃃ 550 per sq ft
Launch date22/10/2007—project record
Completion / handover date30/01/2012—project record

How have property prices in U02 changed since 2012?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2012–2026 (to 16 Oct 2026)
U02 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20129367
201330558
201415710
201516697
201614638
20176677
201812585
20195423
20204430
20218396
202213403
202312451
202412538
20258576
2026 YTD4593
Registered sales and median price per sq ft by year, U02. 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⃃ 1.94M⃃ 433,750⃃ 593+2.8%
20258−33.3%⃃ 2.59M⃃ 312,500⃃ 576+7.0%
2024120.0%⃃ 4.34M⃃ 335,000⃃ 538+19.3%
202312−7.7%⃃ 3.26M⃃ 255,000⃃ 451+12.0%
202213+62.5%⃃ 3.48M⃃ 280,000⃃ 403+1.7%
20218+100.0%⃃ 1.97M⃃ 242,500⃃ 396−7.9%
20204−20.0%⃃ 1.06M⃃ 269,000⃃ 430+1.6%
20195−58.3%⃃ 1.35M⃃ 305,000⃃ 423−27.6%
201812+100.0%⃃ 4.5M⃃ 362,164⃃ 585−13.5%
20176−57.1%⃃ 2.22M⃃ 362,000⃃ 677+6.1%
201614−12.5%⃃ 5.54M⃃ 397,500⃃ 638−8.5%
201516+6.7%⃃ 6.32M⃃ 367,500⃃ 697−1.8%
201415−50.0%⃃ 6.5M⃃ 403,000⃃ 710+27.3%
201330+233.3%⃃ 9.44M⃃ 281,500⃃ 558+52.1%
20129—⃃ 1.89M⃃ 195,000⃃ 367—

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

How does U02 compare with Italy Cluster and Dubai?

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

MetricU02Italy ClusterDubai
Median sale price⃃ 430,000⃃ 335,000⃃ 1,420,000
Median price per sq ft⃃ 590⃃ 620⃃ 1,740
Price per sq ft YoY+1.9%+5.5%+6.4%
Sales591173,241
Gross rental yield8.14%10.45%4.44%

What are the latest registered sales in U02?

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

DatePropertyTypeSizePricePer sq ftMarket
08/10/2026U02Commercial710 sq ft⃃ 795,000⃃ 1,120Resale · Ready
07/10/2026U02Studio Apartment484 sq ft⃃ 280,000⃃ 579Resale · Ready
05/05/2026U021 bed · Apartment732 sq ft⃃ 437,500⃃ 598Resale · Ready
17/04/2026U021 bed · Apartment732 sq ft⃃ 430,000⃃ 587Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

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, villas, commercial units, buildings and plots, 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/u02
U02 Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/u02

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 U02?
The median property sale price in U02 was ⃃ 430,000 in the 12 months to 16 Oct 2026, from 5 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 U02?
The median price per square foot of U02 was ⃃ 590 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 U02 in the last 12 months?
5 sales worth ⃃ 2,272,500 were registered in U02 in the 12 months to 16 Oct 2026 (−50.0% year on year).
Are property prices in U02 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of U02 changed +1.9%. In calendar year 2025 it was ⃃ 576 (+7.0% on 2024), and ⃃ 593 so far in 2026.
What is the rental yield in U02?
The gross rental yield of U02 is 8.14% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 35,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/u02