Al Yelayiss 1 property prices: price per sq ft and sales in 2026
Property prices in Al Yelayiss 1 stand at a median AED 19,611 per m² (AED 1,822 per sq ft) over the last 12 months, based on the 3,803 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 62.2% on the previous 12 months. Sales reached AED 12.8 billion, ranking Al Yelayiss 1 #17 of the 154 locations Cevitas tracks for activity.
- AED 19,611median price per m²
- AED 1,822median price per sq ft
- 3,803sales in 12 months
- +62.2%change year on year
- 94.3%off-plan share of sales
With a price per m² 5.7% above the Dubai median (AED 18,545/m²), Al Yelayiss 1 sits in the core of the Dubai market (#66 of 154 by price per m²). 94.3% of sales are off-plan: the area is driven by developer launches.
Apartment and villa prices in Al Yelayiss 1
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months. Villas and townhouses make up 100% of sales.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Villa / townhouse · 3 bedrooms | 143 | AED 3,200,000 | 243 m² |
| Villa / townhouse · 4 bedrooms | 2,393 | AED 2,824,000 | 144 m² |
| Villa / townhouse · 5+ bedrooms | 1,267 | AED 4,154,000 | 228 m² |
Price per m² range in Al Yelayiss 1
Half of the sales over the last 12 months closed between AED 18,230 and AED 20,160 per m² (AED 1,694 to 1,873 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Al Yelayiss 1 price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 415 | AED 6,917 | AED 643 | — |
| 2020 | 244 | AED 6,042 | AED 561 | -12.6% |
| 2021 | 344 | AED 7,230 | AED 672 | +19.7% |
| 2022 | 258 | AED 8,108 | AED 753 | +12.1% |
| 2023 | 378 | AED 9,078 | AED 843 | +12% |
| 2024 | 391 | AED 11,479 | AED 1,066 | +26.4% |
| 2025 | 439 | AED 12,940 | AED 1,202 | +12.7% |
| 2026 (to mid-October) | 3,669 | AED 19,611 | AED 1,822 | +51.6% |
Rents and rental yield in Al Yelayiss 1
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: 3 bedrooms 5%, 4 bedrooms 6.7%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Villa / townhouse · 3 bedrooms | 1,134 | AED 160,000 | 145,000 – 170,000 | AED 160,000 |
| Villa / townhouse · 4 bedrooms | 398 | AED 190,256 | 175,000 – 210,000 | AED 195,000 |
Most traded projects in Al Yelayiss 1
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| DAMAC Islands 2 - Bahamas 2 | 502 | AED 19,611 | 100% |
| DAMAC Islands 2 - Bahamas 1 | 463 | AED 19,611 | 100% |
| DAMAC Islands 2 - Cuba | 445 | AED 19,069 | 100% |
| DAMAC Islands 2 - Bermuda | 400 | AED 19,611 | 100% |
| DAMAC Islands 2 - Tahiti 2 | 384 | AED 19,600 | 100% |
| DAMAC Islands 2 - Maui | 353 | AED 20,153 | 100% |
| DAMAC Islands 2 - Barbados 1 | 321 | AED 19,611 | 100% |
| DAMAC Islands 2 - Barbados 2 | 278 | AED 19,611 | 100% |
| DAMAC Islands 2 - Tahiti 1 | 258 | AED 19,610 | 100% |
| DAMAC Islands 2 - Antigua 1 | 182 | AED 20,792 | 100% |
| Cherrywoods | 26 | AED 15,179 | 0% |
Off-plan projects in Al Yelayiss 1
10 Al Yelayiss 1 projects have an off-plan page: developer, progress in the DLD register, prices by unit type and price list.
Getting around Al Yelayiss 1
Landmarks most often recorded in the area's DLD transactions:
- Landmark: Dubai Cycling Course
Compare with other areas
Areas with a similar price per m²:
- DAMAC Lagoons — AED 19,492/m² · DAMAC Lagoons rents
- Al Barsha First — AED 19,375/m² · Al Barsha First rents
- Arabian Ranches 3 — AED 19,365/m² · Arabian Ranches 3 rents
- The Greens — AED 19,914/m² · The Greens rents
- Mohammed Bin Rashid Al Maktoum District 11 — AED 20,002/m² · Mohammed Bin Rashid Al Maktoum District 11 rents
- Hadaeq Sheikh Mohammed Bin Rashid District 7 — AED 20,103/m² · Hadaeq Sheikh Mohammed Bin Rashid District 7 rents
Frequently asked questions
What is the price per square foot in Al Yelayiss 1?
The median is AED 1,822 per sq ft (AED 19,611 per m²), across 3,803 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
Are prices rising in Al Yelayiss 1?
The median price per m² moved +62.2% between the previous 12 months (AED 12,088/m²) and the last 12 months (AED 19,611/m²).
Off-plan or ready property in Al Yelayiss 1?
94.3% of sales over the last 12 months were off-plan and 5.7% were ready homes. Off-plan gives access to developer payment plans; ready homes can be rented out straight away. A Cevitas advisor compares both on your budget.
What rental yield can you expect in Al Yelayiss 1?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 5% for a 3 bedrooms, 6.7% for a 4 bedrooms, before service charges and vacancy.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.