District One Apartments 2026 Q1 Resale Report

(1st January - 31st March 2026)

6.3

AED 2,299

Average price per sq. ft

Compared to Q1 2025

-52.6

27 transactions

-38.9

AED 81.9M total resale value

Apartments in District One Q1 2026 Resale Report

Executive Summary

One-bedroom apartments dominated resale activity with 16 transactions in Q1 2026, recording an average price of AED 1,737,062, though transaction volume fell 56.0% year-over-year. Two-bedroom units recorded 5 transactions in Q1 2026 at an average price of AED 3,116,760, with transaction count declining 72.0% year-over-year. The District One Apartments resale market saw no off-plan primary sales in Q1 2026, with all 27 transactions occurring in the secondary resale segment.

Key Facts

  • In Q1 2026, District One Apartments recorded an average resale price per square foot of AED 2,299, representing a 6.3% year-over-year increase.
  • The resale transaction count in District One Apartments for Q1 2026 was 27 units, down 52.6% compared to the same quarter in 2025.
  • Total resale transaction value in District One Apartments reached AED 81,928,239 in Q1 2026, declining 38.9% year-over-year.
  • Ready properties accounted for 88.9% of resale transactions in District One Apartments during Q1 2026, while off-plan completions represented 11.1%.
  • One-bedroom units led resale activity in District One Apartments with 16 transactions in Q1 2026 at an average price of AED 1,737,062, though transaction count fell 56.0% year-over-year.
  • Two-bedroom apartments recorded 5 resale transactions in District One Apartments during Q1 2026 at an average price of AED 3,116,760, with transaction volume down 72.0% year-over-year.
  • No off-plan primary market transactions were recorded in District One Apartments during Q1 2026.

Key Performance Indicators

Key Performance Indicators

Resale - Q1 2026

Total Resale Value AED 81.9M
-38.9% YoY
Avg Sale Price per Sq. Ft AED 2,299
+6.3% YoY
Resale Transactions 27
-52.6% YoY

Rental - Q1 2026

Gross Rental Yield 7.63%
Avg Rent per Sq. Ft AED 135
-3.6% YoY
Rental Contracts 184
+17.9% YoY

Source: Property Monitor, Metropolitan Premium Properties Analysis

Price Trend

Price Trend - District One Apartments

Average Price per Sq. Ft - District One Apartments

Line chart showing Average Price per Sq. Ft - District One Apartments with 5 data points from Q1 2025 to Q1 2026.
District One Apartments - Average Price per Sq. Ft over quarterly periods
Period Average Price per Sq. Ft (AED)
Q1 2025 1,697
Q2 2025 1,686
Q3 2025 1,648
Q4 2025 1,733
Q1 2026 1,790

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did District One Apartments transactions split between off-plan and ready in Q1 2026?

In Q1 2026, District One Apartments recorded a market heavily skewed toward ready properties, which accounted for 88.9% of transactions and 81.8% of total transaction value. Off-plan deals represented just 11.1% of transaction volume but captured 18.2% of aggregate value, indicating that the average off-plan transaction was approximately 80% larger than the average ready transaction during the period. This completion-status distribution reflects a market in which immediate-occupancy units dominated activity by count, while the smaller pool of pre-construction deals commanded higher per-transaction price points.

Completion Status

Completion Status: District One Q1 2026

Off-plan: 11.1%, Ready: 88.9%.
District One Q1 2026 - Completion Status (transactions and AED value) -- Transactions
Category Percentage
Off-plan11.1%
Ready88.9%
Off-plan: 18.2%, Ready: 81.8%.
District One Q1 2026 - Completion Status (transactions and AED value) -- AED Value
Category Percentage
Off-plan18.2%
Ready81.8%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Which Apartments bedroom configurations recorded the highest resale activity in District One during Q1 2026?

In Q1 2026, District One Apartments in Dubai recorded activity across four bedroom configurations, with one-bedroom units dominating at 16 transactions and an average price of AED 1,737,062, down 56.0% year-on-year in transaction count. Two-bedroom apartments followed with 5 transactions at an average of AED 3,116,760, representing a 72.0% year-on-year decline in volume. The average price spread between reportable segments ranged from AED 1,737,062 for one-bedroom units to AED 3,116,760 for two-bedroom apartments, while three-bedroom and four-bedroom configurations recorded insufficient transaction volumes for reliable price analysis.

Performance by Bedroom Type

Price Insights by Bedroom

District One Q1 2026 - Bedroom-level Resale Insights
Bedrooms Avg Price Price YoY Transactions Trans. YoY
1 B/R AED 1,737,062 -0.3% 16 -56%
2 B/R AED 3,116,760 +11.1% 5 -72%
3 B/R AED 5,385,000 +28.8% 4 +100%
4 B/R AED 8,505,720 -32% 2 +100%

Transaction Distribution by Bedroom

Transaction Volume by Bedroom Type - Q1 2026

Bar chart showing Transaction Volume by Bedroom Type - Q1 2026 with 4 categories.
Transaction Volume by Bedroom Type - Q1 2026
Bedroom Type Transactions
1 B/R Bed16
2 B/R Bed5
3 B/R Bed4
4 B/R Bed2

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did off-plan primary-market sales of Apartments in District One perform in Q1 2026?

District One Apartments recorded zero off-plan transactions in Q1 2026, representing a 100.0% year-on-year decline from Q1 2025, with AED 0 in total off-plan sales value. This marks a complete absence of primary market developer sales activity during the quarter. In contrast, the resale market in District One Apartments remained active during the same period, with 27 secondary market transactions totaling AED 81,928,239.

Rental Summary

Rental Contract Distribution - Q1 2026

Contract Types

New Contracts 75%
Renewals 25%

Rental Insights by Bedroom

District One Q1 2026 - Bedroom-level Rental Insights
Bedrooms Avg Rent Price YoY Transactions Trans. YoY
1 B/R AED 106,851 -3.4% 121 +11%
2 B/R AED 191,130 +2.6% 41 +2%
3 B/R AED 285,687 +4.4% 18 +260%
4 B/R AED 526,667 N/A 3 N/A
5 B/R AED 577,500 -14.4% 1 -50%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Dubai Apartments Market Context -- Q1 2026

## Dubai Market Overview

In Q1 2026, Dubai recorded 44,267 property sale transactions and 147,091 rental contracts, reflecting the emirate's continued activity across both segments. Initial sales dominated the sales market at 71.9% of transactions, while resale properties accounted for 28.1% of the total. Rental contract activity showed 66.4% of tenancies as renewals and 33.6% as new agreements, indicating a stable tenant base across Dubai. These emirate-wide figures provide essential context for evaluating District One Apartments performance during the quarter.

Dubai Overall Market Context

Dubai Apartments Market Totals - Q1 2026

Sales
Total Value AED 139.211B
Transactions 44,267
Value YoY +21.6%
Rentals
Total Value AED 12.969B
Contracts 147,091
Value YoY +1.2%
Initial Sale: 71.9%, Resale: 28.1%.
Dubai Overall Market - Sale Split
Category Percentage
Initial Sale71.9%
Resale28.1%
New: 33.6%, Renewal: 66.4%.
Dubai Overall Market - Rental Contract Split
Category Percentage
New33.6%
Renewal66.4%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Frequently Asked Questions

What was the average price per square foot for resale apartments in District One during Q1 2026?
In Q1 2026, resale apartments in District One averaged AED 2,299 per square foot, representing a 6.3% year-over-year increase.
How many resale apartment transactions occurred in District One in Q1 2026?
District One recorded 27 resale apartment transactions in Q1 2026, a decrease of 52.6% compared to the same period in 2025.
What was the total transaction value for resale apartments in District One during Q1 2026?
Resale apartments in District One generated a total transaction value of AED 81,928,239 in Q1 2026, down 38.9% year-over-year.
What was the average price for a one-bedroom resale apartment in District One in Q1 2026?
One-bedroom resale apartments in District One averaged AED 1,737,062 during Q1 2026, based on 16 transactions.
What was the average price for a two-bedroom resale apartment in District One in Q1 2026?
Two-bedroom resale apartments in District One averaged AED 3,116,760 during Q1 2026, based on 5 transactions.
What percentage of District One apartment resales in Q1 2026 were ready properties versus off-plan?
In Q1 2026, ready properties accounted for 88.9% of District One apartment resale transactions, while off-plan represented 11.1%.
How many off-plan primary apartment sales occurred in District One during Q1 2026?
District One recorded zero off-plan primary apartment sales in Q1 2026, with a total transaction value of AED 0.

Methodology

This analysis of District One apartment resale activity during Q1 2026 draws exclusively from Property Monitor's transaction register, which aggregates Dubai Land Department resale registrations recorded between January 1 and March 31, 2026. Year-on-year comparisons reference the corresponding quarter in 2025, with percentage changes calculated against Q1 2025 baseline figures for average price per square foot and transaction volume. Readers should note that Dubai Land Department registration dates may lag actual sale agreement dates by several weeks, meaning transactions attributed to Q1 2026 could reflect market conditions from late 2025, and this temporal offset can affect period-to-period comparability, particularly when analyzing short-term price movements or interpreting volume shifts in lower-liquidity communities where small absolute changes produce large percentage swings.

Glossary

PSF
Price per square foot, a standard metric expressing property value as total sale price divided by built-up area in square feet.
Off-plan
Property sold by a developer before construction is complete, typically purchased through installment payment plans during the building phase.
Secondary market
Transactions between private parties rather than direct developer sales, encompassing both resale of completed properties and transfer of off-plan contracts.
Ready property
A completed, habitable unit available for immediate occupancy, as opposed to properties still under construction.
Resale
Any property transaction where the seller is not the original developer, including both completed units and off-plan contracts being transferred.
AED/sqft
United Arab Emirates Dirham per square foot, the currency-specific expression of price per square foot used in Dubai property markets.
Resale Off-Plan Origin
A transaction where a buyer purchases an unfinished unit from someone who originally bought it off-plan from the developer, rather than from the developer directly.
District One
A master-planned residential community in Mohammed Bin Rashid City featuring luxury villas and apartments around a Crystal Lagoon and extensive parkland.
Built-up area
The total floor area of a property unit including interior walls, typically measured in square feet and used as the basis for PSF calculations.
Transaction type
Classification distinguishing between Off-Plan sales of properties under construction and Existing sales of completed, ready-to-occupy units.

Source: Property Monitor, Metropolitan Premium Properties Analysis

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