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Community in Dubai, DLD district Al Safouh Second

Site A

Site A is mid-priced for Dubai: homes sold for a median AED 1,747 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 444 sales in 12 months, 28% of them off-plan. A typical 1-bedroom costs about AED 2.45M and rents for about AED 92K a year, a gross yield of about 3.9%. Prices are down 41.9% on a year earlier and down 40% over three years. 609 leases were registered with Ejari in the past year. About 319 new homes are due to finish here in the next two years.

Price per sqft, past year
AED 1,747
−41.9% on a year ago
Sales, past year
444
28% off-plan
Gross yield
3.9%

Prices and rents by bedrooms in Site A

HomeTypical priceSizeRent a yearGross yield
1 bedroomAED 2.45M895 sqftAED 92K3.9%
2 bedroomsAED 450K569 sqftAED 117K—
3 bedroomsAED 663K1,657 sqftAED 158K—
4 bedroomsAED 688K2,617 sqftAED 650K—

Buildings with the most sales in Site A

  • IconicAED 3,694 per sqftUnder construction, 35% built, 51 sales

Off-plan projects in Site A

  • Iconic35% builtMered Residences Real Estate, due 2028-02

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.