Palm Deira
Too little data for a verdict. In Palm Deira, the median home sold for AED 2.87M (AED 2,748/sqft, +18.9% in 12 months) across 5,051 sales in the 12 months to Oct 2026. 2,725 new units are due within 24 months.
Source: DLD open data · Information, not financial advice. Not an official DLD product.
98% of sales are off-plan, so much of the area is still being built.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 5,051 sales, 6 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Rent minus service charge and 5% for vacancy and management, divided by price plus 6% buying costs.
- Leaves out
- Mortgage interest and tax in your home country.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 5,051 sales, 6 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median rent divided by median price.
- Leaves out
- Every cost of owning and buying.
Evidence
- Source
- DLD registered sales
- Sample
- 5,051 sales
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
- Leaves out
- Listings and asking prices.
Evidence
- Source
- Ejari rent contracts
- Sample
- 6 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
Evidence
- Source
- DLD registered sales
- Sample
- 5,051 sales
- Period
- 12 months to 22 October 2026
- How
- A count of registered records.
Price per sqft, 5 years
ZoneIQ Score
Prices by unit type
Check a deal hereConverted at European Central Bank reference rates of 26 October 2026, through the dirham's fixed US dollar rate (3.6725). Indicative only: your bank's rate will differ.
| Unit | Ready price | Price / sqft | Sales |
|---|---|---|---|
| Studio | – | 3,216 | 43 |
| 1 bed | – | 2,766 | 2,223 |
| 2 bed | – | 2,710 | 1,978 |
| 3 bed | – | 2,809 | 577 |
| 4 bed | – | 2,604 | 74 |
Median ready prices and DLD sales in the last 12 months.
Rents and yields by unit type
Yield by unit typeNot enough data yet
Median annual rent from Ejari contracts in the last 12 months. Net yield is after service charge and buying costs.
New supply, next 24 months
2,725 unitsHandovers peak in 2027 Q2.
Developers with projects here
- Ellington Properties Development: 931 units in 2 projects
- Dubai Islands: 893 units in 2 projects
- Azizi Developments: 227 units in 1 projects
- Avenew Real Estate Development: 219 units in 2 projects
- Imtiaz Ghd Real Estate Development: 206 units in 2 projects
- Imtiaz Luxury Real Estate Development: 170 units in 1 projects
- Imtiaz Gi Real Estate Development: 146 units in 1 projects
- Samana Platinum Real Estate Development: 143 units in 1 projects
Who Palm Deira suits, on the numbers
- Buyers watching prices: price per sqft rose 18.9% in 12 months. Past change, not a forecast.
- Off-plan buyers: 98% of sales are off-plan, across 21 projects under construction.
Rules applied to the data above. Not advice.
Off-plan here
Off-planBuildings and projects in Palm Deira
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Hado By Beyond | Sandy Shores Real Estate L.L.C S.O.C | 0% | AED 3.01M | 3,147 | 625 |
| The Meriva Collection | Crestarc Developers | 0% | AED 3.99M | 3,446 | 486 |
| Ellington Sands I | Ellington Properties Development | 0% | AED 3.19M | 2,773 | 429 |
| Ellington Sands Ii | Ellington Properties Development | 0% | AED 3.20M | 2,800 | 418 |
| Bay Grove Residences D - Dubai Islands | Dubai Islands | 0% | AED 3.59M | 2,601 | 185 |
| Silena Residences | Avenew Real Estate Development | 4% | AED 3.24M | 3,567 | 121 |
| Ocean Bay By Samana Developers | Samana Platinum Real Estate Development | 3% | AED 2.60M | 2,359 | 108 |
| Bay Villas - Dubai Islands | Dubai Islands | 23% | AED 9.61M | – | 107 |
| Liv Oceanside | Liv Island Real Estate Development | 7% | AED 3.95M | 3,160 | 105 |
| Beach Walk Grand 2 By Imtiaz | Imtiaz Ghd Real Estate Development | 24% | AED 2.65M | 2,576 | 97 |
Areas at a similar price compared
Compare with other areas| Area | Net yield | Price / sqft |
|---|---|---|
| Palm Deira | – | 2,748 |
| Dubai Water Canal | 4.18% | 3,082 |
| Dubai Creek Harbour | 4.20% | 2,564 |
| Wasl 1 | 4.31% | 2,200 |
| Downtown Dubai | 4.10% | 3,030 |
| Business Park | – | 3,143 |
| 800 Villas | 3.11% | 1,288 |
Similar price: areas with the closest median sale price.
Questions investors ask
Is Palm Deira a good investment?
ZoneIQ does not give advice, but the numbers are these. Price per sqft changed +18.9% in 12 months. There were 5,051 sales in 12 months, and 2,725 new units are due within 24 months.
Is Palm Deira freehold?
Yes, on DLD's register: 21,300 of 21,300 registered units in Palm Deira are marked freehold. Source: DLD, Registered Freehold Real Estate Units, 13 October 2026. Rules can differ by plot, and in free zones by the zone authority, so check the title deed of a specific unit before you buy.
Have property prices gone up in Palm Deira?
The median price per sqft changed +18.9% in the 12 months to Oct 2026, to AED 2,748. This is past change, not a forecast.
Where is Palm Deira in Dubai?
In the DLD project registry, Palm Deira projects sit in the Palm Deira land area.
Get help with Palm Deira from a RERA-licensed specialist.
Sources: DLD sales (5,051 in the last 12 months) and Ejari rent contracts (6), DLD project registry, via Dubai Data. Data through 22 October 2026. Service charges: DLD Service Charge Index (Mollak) where shown, otherwise a Dubai-wide estimate. Source · Freehold: DLD, Registered Freehold Real Estate Units, 13 October 2026, Data Dubai · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.