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Downtown Dubai Apartment Market Report — July 2026

Published 09 August 2026 · MOVA Editorial · Source: Dubai Land Department (DLD)
Downtown Dubai apartment market summary: 1,826 ready sales, average price AED 4,159,000 (AED 2,883 per sqft) and about 5.1% gross rental yield, with the 12-month average price trend to July 2026. MOVA analysis of Dubai Land Department data.
Downtown Dubai Apartment Market Report — July 2026 — MOVA analysis of Dubai Land Department data.

Over the 12 months to July 2026, Dubai Land Department records show count: 1,826 ready apartment sales in area: Downtown Dubai, within the secondary market for existing properties. The average sale price was amount: AED 4,159,000, equivalent to about amount: AED 2,883 per square foot.

Against the previous 12-month period, activity was lower, with transaction volume down percent: 33% from count: 2,729 sales. Even so, pricing remained resilient, with the average sale price rising percent: 11.1% year on year, pointing to a market with fewer completed deals but still-firm values.

For investors, gross rental yields in area: Downtown Dubai are running at around percent: 5.1%, based on registered tenancy contracts relative to sale prices. The profile of completed transactions also gives a clear picture of demand: 2 bedroom homes accounted for 40%, 1 bedroom for 35%, and 3 bedroom for 16%, showing that smaller, more liquid units continue to lead activity in the area.

1,826Ready sales (12m)
AED 4,159,000Average price
AED 2,883Price / sqft
5.1%Gross rental yield

Prices by unit type

Unit typeSalesAvg priceAvg PSFAvg annual rentYield
Studio116AED 1,328,000AED 2,580AED 80,9486.1%
1 Bedroom646AED 2,237,000AED 2,558AED 123,4665.5%
2 Bedroom730AED 4,189,000AED 2,906AED 200,6914.8%
3 Bedroom291AED 6,749,000AED 3,407AED 300,5354.5%
4 Bedroom33AED 20,172,000AED 4,719AED 1,345,6736.7%
5 Bedroom10AED 30,680,000AED 4,346AED 1,984,9606.5%

Averages from DLD ready (Existing Properties) sales and registered tenancy contracts over the trailing 12 months. Yield is indicative gross rent ÷ price.

Average price trend (12 months)

2025-082026-05

Most active buildings

Example: a 1-bedroom on a mortgage

On the average 1-bedroom price of AED 2,237,000, a 80% mortgage over 25 years at an illustrative 4.25% rate works out to roughly AED 9,695 per month. Your actual rate and instalment depend on your profile and lender.

What this means for your mortgage

Our view is that, at around amount: AED 2,883 per square foot, area: Downtown Dubai still offers a relatively accessible route into central Dubai. At the same time, the drop in volume suggests sellers may be more flexible than the headline amount: AED 4,159,000 average might imply. As a rough guide, the average one-bedroom at that pricing level works out to about amount: AED 9,695 a month on an 80% mortgage. Before making an offer, we recommend checking your numbers with our mortgage eligibility calculator so we can help you understand your likely monthly cost.

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Downtown Dubai propertyDubai apartment pricesrental yieldUAE real estateDLD data
This article is MOVA's original analysis. Facts are based on the original report by Dubai Land Department (DLD). Figures are informational and not financial advice; confirm current rates with your lender or our advisors.