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Dubai Festival City

Dubai, UAE

A mixed-use community with residential, retail, and waterfront dining.

Community Intelligence — by Peak Trust Analytics

Dubai Festival City: market intelligence

Updated Oct 2026

Market intelligence for the Al Kheeran registration area, Dubai.

Dubai Festival City recorded 102 property sales in 2025, ranking #62 of 70 Dubai areas by transaction volume. Homes trade at about AED 1,548 per square foot, up 56% over five years, with gross rental yields around 4.2%.

+56%

AED 1,548

Avg price / sqft

2025

-14%

102

Sales volume

#62 of 70 areas

4.2%

Gross rental yield

AED 3.18M

Median sale price

2025

Price & demand trend

Average price per sqft (AED) by year

Price growth (5-yr)+56%
Sales in 2025102
Demand YoY-14%
Projected 2026~38
Off-plan share0%

What homes cost here

Median price paid, by home type & size · 2025

Apartment100% of sales
2 BedAED 2.66M
3 BedAED 4.54M

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 Dubai Festival City (2025)

AED 136k

Median annual rent

per year

+29%

+29%

Rent growth (5-yr)

4.2%

Gross rental yield

902

Tenancy contracts

50% renewed

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.

What kind of place is Dubai Festival City?

ApartmentsCommercialMixed-use

Dubai Festival City is a waterfront mixed-use community on Dubai Creek. Its residential stock is mainly apartments, set alongside the Festival City Mall, hotels and offices, plus a smaller villa enclave at Al Badia.

Property-type mix

Apartments
62%
Commercial
36%
Warehouse
2%
Villas
1%

Share of registered sale & tenancy activity by property type.

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.

About Dubai Festival City

Questions & answers

Frequently Asked Questions

What is the average price per square foot in Dubai Festival City?

Homes in Dubai Festival City sold at an average of AED 1,548 per square foot in 2025, based on sale transactions registered with the Dubai Land Department. That is up 56% on the 2021 average of AED 993, and the median sale was AED 3,180,000.

What is the average rent in Dubai Festival City?

The median annual rent on a home in Dubai Festival City was AED 135,723 in 2025, across 902 registered tenancy contracts.

What rental yield do Dubai Festival City properties achieve?

Dubai Festival City returned a gross rental yield of 4.2% in 2025. The figure is gross: service charges are not deducted.

How many homes sell in Dubai Festival City each year?

The Dubai Land Department registered 102 home sales in Dubai Festival City in 2025, 14% fewer than the year before, making it the 62nd most active of Dubai's 70 registration areas. Off-plan homes made up 0% of them.

How much does a three-bedroom home cost in Dubai Festival City?

A three-bedroom home in Dubai Festival City had a median sale price of AED 4,539,000 in 2025, across 30 registered sales. A two-bedroom home was AED 2,662,000.

Is Dubai Festival City freehold or leasehold?

Dubai Festival City is registered as freehold with the Dubai Land Department, and 71% of its registered area is freehold title.

How much have rents risen in Dubai Festival City?

The median annual rent in Dubai Festival City is 29% higher than five years ago. 50% of tenancies registered in 2025 were renewals rather than new lets.

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