Nad Al Shiba First property prices: price per sq ft and sales in 2026
Property prices in Nad Al Shiba First stand at a median AED 36,743 per m² (AED 3,414 per sq ft) over the last 12 months, based on the 2,491 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 90.5% on the previous 12 months. Sales reached AED 6.3 billion.
- AED 36,743median price per m²
- AED 3,414median price per sq ft
- 2,491sales in 12 months
- +90.5%change year on year
- 91%off-plan share of sales
With a price per m² 98.1% above the Dubai median (AED 18,545/m²), Nad Al Shiba First sits among the emirate's most sought-after addresses (#12 of 154 by price per m²). 91% of sales are off-plan: the area is driven by developer launches.
Apartment and villa prices in Nad Al Shiba First
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 1,144 | AED 1,372,000 | 36 m² |
| Apartment · 1 bedroom | 591 | AED 2,295,950 | 63 m² |
| Apartment · 2 bedrooms | 339 | AED 3,200,000 | 104 m² |
| Apartment · 3 bedrooms | 58 | AED 5,018,526 | 172 m² |
| Villa / townhouse · 3 bedrooms | 320 | AED 6,069,000 | 182 m² |
| Villa / townhouse · 4 bedrooms | 24 | AED 6,025,000 | 218 m² |
Price per m² range in Nad Al Shiba First
Half of the sales over the last 12 months closed between AED 26,910 and AED 39,550 per m² (AED 2,500 to 3,674 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Nad Al Shiba First price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 169 | AED 10,212 | AED 949 | — |
| 2020 | 234 | AED 10,801 | AED 1,003 | +5.8% |
| 2021 | 344 | AED 12,625 | AED 1,173 | +16.9% |
| 2022 | 342 | AED 12,972 | AED 1,205 | +2.7% |
| 2023 | 576 | AED 15,102 | AED 1,403 | +16.4% |
| 2024 | 922 | AED 16,271 | AED 1,512 | +7.7% |
| 2025 | 949 | AED 21,783 | AED 2,024 | +33.9% |
| 2026 (to mid-October) | 2,188 | AED 37,441 | AED 3,478 | +71.9% |
Rents and rental yield in Nad Al Shiba First
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: studio 3.8%, 1 bedroom 3.4%, 2 bedrooms 3.8%, 3 bedrooms 3%, 3 bedrooms 4.9%, 4 bedrooms 5.2%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 27 | AED 52,000 | 46,000 – 55,000 | AED 52,000 |
| Apartment · 1 bedroom | 1,122 | AED 78,642 | 70,000 – 90,000 | AED 78,000 |
| Apartment · 2 bedrooms | 818 | AED 121,000 | 106,360 – 140,000 | AED 125,000 |
| Apartment · 3 bedrooms | 110 | AED 150,000 | 139,078 – 177,375 | AED 170,000 |
| Apartment · 4 bedrooms | 18 | AED 240,000 | 220,000 – 270,000 | AED 220,000 |
| Villa / townhouse · 3 bedrooms | 115 | AED 295,000 | 259,303 – 345,000 | AED 300,000 |
Most traded projects in Nad Al Shiba First
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| Nad Al Sheba Gardens Phase 11 | 110 | AED 33,808 | 100% |
| Nad Al Sheba Gardens Phase 10 | 76 | AED 30,409 | 100% |
| Nad Al Sheba Gardens Phase 8 & 9 | 59 | AED 27,522 | 100% |
| Grand Views | 33 | AED 24,532 | 0% |
| Nad Al Sheba Gardens Phase 7 | 10 | AED 28,530 | 100% |
| Millennium Estates | 3 | AED 17,094 | 0% |
Off-plan projects in Nad Al Shiba First
3 Nad Al Shiba First projects have an off-plan page: developer, progress in the DLD register, prices by unit type and price list.
Getting around Nad Al Shiba First
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Compare with other areas
Meydan Racecourse Community · Nad Al Sheba Gardens
Areas with a similar price per m²:
- Meydan Racecourse Community — AED 37,798/m² · Meydan Racecourse Community rents
- Palm Jabal Ali — AED 37,807/m²
- Palm Jumeirah — AED 38,327/m² · Palm Jumeirah rents
- Trade Center First — AED 38,987/m² · Trade Center First rents
- Dubai Maritime City — AED 34,403/m² · Dubai Maritime City rents
- City Walk — AED 34,340/m² · City Walk rents
Frequently asked questions
What is the price per square foot in Nad Al Shiba First?
The median is AED 3,414 per sq ft (AED 36,743 per m²), across 2,491 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Nad Al Shiba First?
A one-bedroom sold for a median AED 2,295,950 (63 m²) and a two-bedroom for AED 3,200,000 (104 m²) over the last 12 months, according to DLD sales.
Are prices rising in Nad Al Shiba First?
The median price per m² moved +90.5% between the previous 12 months (AED 19,292/m²) and the last 12 months (AED 36,743/m²).
Off-plan or ready property in Nad Al Shiba First?
91% of sales over the last 12 months were off-plan and 9% 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 Nad Al Shiba First?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 3.8% for a studio, 3.4% for a 1 bedroom, 3.8% for a 2 bedrooms, 3% for a 3 bedrooms, 4.9% for a 3 bedrooms, 5.2% 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.