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Peak Trust - Global Real Estate

Area Intelligence — by Peak Trust Analytics

Mira

Registration area · Al Yelayiss 1

Mira: market intelligence

Top-13 area by volumeUpdated Oct 2026

Market intelligence for the Al Yelayiss 1 registration area, Dubai.

Mira recorded 7,183 property sales in 2025, ranking #13 of 80 Dubai areas by transaction volume. Homes trade at about AED 1,486 per square foot, up 119% over five years.

+119%

AED 1,486

Avg price / sqft

2025

+600%

7,183

Sales volume

#13 of 80 areas

—

Gross rental yield

AED 2.66M

Median sale price

2025

Price & demand trend

Average price per sqft (AED) by year

Price growth (5-yr)+119%
Sales in 20257,183
Demand YoY+600%
Projected 2026~7,184
Off-plan share1%
Mortgaged (completed homes)at least 52%

Share of 491 completed-home sales in 2025 with a purchase mortgage registered against the same unit. Off-plan is excluded — it cannot carry a registered mortgage at initial sale. A floor, not an exact figure — the match relies on unit size and month, so some registrations are missed.

What homes cost here

Median price paid, by home type & size · 2025

Land / Plot100% of sales
MedianAED 2.60M

Median sold price per home, from registered sales. Townhouses are recorded under “Villa”. “% of sales” = share of units sold.

Rental market

Ejari tenancy records for Mira (2025)

AED 160k

Median annual rent

per year

+65%

+65%

Rent growth (5-yr)

—

Gross rental yield

1,769

Tenancy contracts

63% renewed

Most active developers in Mira

By recorded sales in the registration area.

Buildings & developments in Mira

39 projects

Every development by home type · units · median price · build status.

Damac Islands - Seychelles 2DamacVillaOff-plan · 2029474AED 2.79M1,687
Damac Islands - Bali 3DamacVillaOff-plan · 2029268AED 2.66M1,607
Damac Islands - Bali 4DamacVillaOff-plan · 2029208AED 2.66M1,607
Damac Islands - Seychelles 1DamacVillaOff-plan · 2029204AED 2.49M1,607
Damac Islands - Fiji 1DamacVillaOff-plan · 2028398AED 2.49M1,452
Damac Islands - Maldives 1DamacVillaOff-plan · 2028397AED 2.59M1,563
Damac Islands - Bora Bora 3DamacVillaOff-plan · 2028388AED 2.29M1,481
Damac Islands - Maldives 2DamacVillaOff-plan · 2028379AED 2.54M1,553
Damac Islands - Bali 2DamacVillaOff-plan · 2028338AED 2.38M1,533
Damac Islands - Maldives 3DamacVillaOff-plan · 2028313AED 2.46M1,553
Damac Islands - Bali 1DamacVillaOff-plan · 2028294AED 2.54M1,533
Damac Islands - Bora Bora 1DamacVillaOff-plan · 2028251AED 2.54M1,518
Damac Islands - Bora Bora 2DamacVillaOff-plan · 2028233AED 2.38M1,488
Damac Islands - Bora Bora 4DamacVillaOff-plan · 202847AED 3.50M1,348
Damac Islands - the Tropics 2 & 4 & 6Damac—Under construction 0% · 20302,130——
Damac Islands - the Tropics 1 & 3 & 5Damac—Under construction 0% · 20301,905——
Damac Islands 2 - Bahamas 1Damac—Under construction 0% · 2030—AED 2.98M1,822
Damac Islands 2 - CubaDamac—Under construction 0% · 2030—AED 2.90M1,772
Damac Islands 2 - Bahamas 2Damac—Under construction 0% · 2030—AED 2.82M1,822
Damac Islands 2 - BermudaDamac—Under construction 0% · 2030—AED 2.90M1,822
Damac Islands 2 - Tahiti 2Damac—Under construction 0% · 2030—AED 3.31M1,821
Damac Islands 2 - MauiDamac—Under construction 0% · 2030—AED 2.93M1,872
Damac Islands 2 - Barbados 1Damac—Under construction 0% · 2030—AED 2.90M1,822
Damac Islands 2 - Tahiti 1Damac—Under construction 0% · 2030—AED 3.33M1,822
Damac Islands 2 - Antigua 1Damac—Under construction 0% · 2030—AED 2.99M1,932
Damac Islands 2 - Barbados 2Damac—Under construction 0% · 2030—AED 2.90M1,822
Damac Sun CityDamacVillaUnder construction 4% · 2028741AED 2.81M1,719
Damac Islands - Fiji 2DamacVillaUnder construction 1% · 2028400AED 2.49M1,503
Damac Islands - Maldives 4DamacVillaUnder construction 1% · 2028284AED 2.60M1,258
Damac Islands - Maldives 5DamacVillaUnder construction 1% · 2028144AED 3.18M1,469

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Questions & answers

Frequently Asked Questions

What is the average price per square foot in Mira?

Homes in Mira sold at an average of AED 1,486 per square foot in 2025, based on sale transactions registered with the Dubai Land Department. That is up 119% on the 2021 average of AED 678, and the median sale was AED 2,660,000.

What is the average rent in Mira?

The median annual rent on a home in Mira was AED 160,000 in 2025, across 1,769 registered tenancy contracts.

How many homes sell in Mira each year?

The Dubai Land Department registered 7,183 home sales in Mira in 2025, 600% more than the year before, making it the 13th most active of Dubai's 80 registration areas. Off-plan homes made up 1% of them.

Is Mira freehold or leasehold?

Mira is registered as freehold with the Dubai Land Department, and 100% of its registered area is freehold title.

How much have rents risen in Mira?

The median annual rent in Mira is 65% higher than five years ago. 63% of tenancies registered in 2025 were renewals rather than new lets.

Interested in Mira?

Talk to a Peak Trust advisor about buying, selling or renting in Mira — backed by the data above.

Mira: median price around AED 2.7M, 7,183 sales a year.

Advisory engagements are accepted by application.