Festival City property prices

Homes in Festival City have a median of 1,259 AED/sqft, down 15.4% over the last 12 months. Based on 851 real Dubai Land Department sale transactions.

How this community has moved

Registered DLD data over time. Verified Fact

Oct 2024Median AED/sqftOct 2026

What changed this year

Sale price

↓-15.4%

Sales activity

↓-59.6%

Rent

↑+6.8%

Yield

↑+1.4pt

Rents held up while prices softened, which lifted yields. Calculated Metric

What buyers actually paid

Grouped by property configuration and building, not an individual unit. Verified Fact

Typical 2-bed · The Grand

Lower AED 289KTypical AED 3.35MUpper AED 4.83M
2-bed · 1,294 sqftThe Grand · 542 salesAED 3.35M2,112.95 AED/sqft
2-bed · 1,102 sqftPalace Residences - Dubai Creek Harbour · 504 salesAED 3.38M1,939.95 AED/sqft
1-bed · 700 sqftPalace Residences - Dubai Creek Harbour · 365 salesAED 2.08M1,897.19 AED/sqft
1-bed · 802 sqftThe Grand · 302 salesAED 2.27M2,051.16 AED/sqft
2-bed · 1,093 sqft17 ICON BAY · 273 salesAED 2.4M1,662.08 AED/sqft
1-bed · 723 sqftCREEK EDGE · 270 salesAED 1.76M2,035.53 AED/sqft

Source: Dubai Land Department.

Buy vs rent

Sale median

1,259

AED/sqft

Median rent

AED 145K

per year

Gross yield

6.8%

if rented

At these levels a home costs roughly 14.8× its annual rent. Calculated Metric

Explore Festival City

Property configurations

1-bed (3,218)2-bed (3,760)3-bed (391)4-bed (57)

Nearby communities

Al Jadaf · 2,029Nad Al Hamar · 1,031Al Khairan First · 2,563Dubai Health Care City Phase 1 · 1,842

Renting in Festival City?

Typical rent is AED 145K/yr across 786 registered Ejari contracts.

See the rental picture
Explore every Festival City sale All Dubai communities