With your consent, we use Google Analytics for statistics and the Meta Pixel, LinkedIn Insight Tag, Google Ads and X Pixel to measure our ads. They set cookies and send data to these providers, also outside the UAE; when you send a form, our server may also report it to Meta and LinkedIn, with your email address and a random internal identifier only in hashed form. You can change your choice at any time under “Cookie settings”.

Choose which tools we may use. We store your choice in your browser for 12 months; you can change it here at any time.

Privacy policy

Dubai area data

Town Square: property prices and DLD transactions

Town Square (DLD: Al Yelayiss 2): median AED 1,522 per sq ft from 1,986 registered sales in the 12 months to October 2026. Median annual rent AED 90,000, gross rental yield 6.80%. By registered sales in the 12 months to October 2026, Town Square ranks 30 of 138 Dubai areas with published figures; its median price per sq ft is higher than in 47.5% of them.

Source: Dubai Land Department open data, as of 9 Nov 2026; calculated by Zolia.

Data to 9 Nov 2026 · latest month provisional

Key figures, last 12 months

Data as of 9 Nov 2026 · Period Nov 2025 – Oct 2026

Registered sales
1,986
−21.7% vs previous 12 months
Median price per sq ft (excluding land plots)
AED 1,522 per sq ft
+10.3% vs previous 12 months · Median sale price AED 1.4m
Median annual rent
AED 90,000
6,196 registered rent contracts
Gross rental yield
6.80%

The latest month can still change: registrations appear up to about two weeks later.

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Net yield after service charges (estimate): 6.49%. Gross yield 6.80% less residential service charges of AED 4 per sq ft a year (median of the owners association budgets, as of 31 Oct 2026), set against the median rent per sq ft of apartments. Maintenance, vacancy and fees are not included.

Price trend in Town Square

MonthSalesMedian per sq ftRent contracts
Nov 2024196AED 1,271 per sq ft431
Dec 2024205AED 1,286 per sq ft386
Jan 2025200AED 1,331 per sq ft379
Feb 2025220AED 1,406 per sq ft396
Mar 2025171AED 1,362 per sq ft353
Apr 2025186AED 1,362 per sq ft391
May 2025288AED 1,424 per sq ft463
Jun 2025174AED 1,417 per sq ft549
Jul 2025226AED 1,397 per sq ft611
Aug 2025246AED 1,447 per sq ft720
Sep 2025251AED 1,492 per sq ft697
Oct 2025174AED 1,397 per sq ft614
Nov 2025288AED 1,590 per sq ft519
Dec 2025222AED 1,602 per sq ft442
Jan 2026231AED 1,547 per sq ft428
Feb 2026213AED 1,626 per sq ft447
Mar 2026214AED 1,729 per sq ft352
Apr 2026168AED 1,537 per sq ft397
May 202689AED 1,324 per sq ft474
Jun 2026102AED 1,396 per sq ft584
Jul 2026140AED 1,367 per sq ft639
Aug 202691AED 1,380 per sq ft707
Sep 2026109AED 1,400 per sq ft635
Oct 2026119AED 1,379 per sq ft572

Sales per calendar year

YearSalesMedian per sq ft
2006under 3
2007under 3
2008under 3
2009under 3
2010under 3
2011under 3
2012under 3
2013under 3
2014under 3
20151,701AED 624 per sq ft
20161,239AED 903 per sq ft
20171,525AED 682 per sq ft
2018843AED 703 per sq ft
2019485AED 625 per sq ft
20201,138AED 795 per sq ft
20211,140AED 799 per sq ft
2022817AED 827 per sq ft
20232,851AED 1,026 per sq ft
20242,938AED 1,174 per sq ft
20252,646AED 1,435 per sq ft

How the yearly figures are checked

Figures based on fewer than 3 records are not shown.

Off-plan and ready sales in Town Square

Off-plan share of sales: 52%

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan1,042AED 1,693 per sq ftAED 1,522 – 1,807
Ready944AED 1,358 per sq ftAED 1,228 – 1,504

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

Rents and rental yield in Town Square

Registered rent contracts
6,196
Median annual rent
AED 90,000
Middle range of registered annual rents: AED 62,500 – AED 140,000
Median annual rent per sq ft
AED 82 per sq ft
Gross rental yield
6.80%

New contracts and renewals

RegistrationRent contractsMedian annual rentMedian rent per sq ft
New contracts2,824AED 93,000AED 88 per sq ft
Renewals3,372AED 85,000AED 77 per sq ft

Registered rent contracts by registration type: new contracts and renewals of existing contracts.

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in Town Square

Unit typeSalesMedian priceMedian per sq ftRent contractsMedian annual rentMedian rent per sq ftGross yield (ready units)
Studio62AED 555,000AED 1,616 per sq ft333AED 42,000AED 123 per sq ft7.63%
1 bedroom613AED 1.1mAED 1,663 per sq ft1,721AED 60,000AED 100 per sq ft6.97%
2 bedrooms907AED 1.5mAED 1,510 per sq ft1,682AED 85,000AED 87 per sq ft6.74%
3 bedrooms333AED 2.8mAED 1,409 per sq ft1,992AED 143,000AED 72 per sq ft6.53%
4 bedrooms71AED 3.5mAED 1,201 per sq ft466AED 175,000AED 58 per sq ftunder 3 sales

Not enough data: 5 bedrooms or more (under 3 sales and under 3 rent contracts each).

Without a bedroom count in the DLD data: under 3 sales and under 3 rent contracts (villas, whole buildings, land, offices and shops). They count in all figures above and in the table by property type.

Gross yield by unit type: median annual rent per sq ft divided by the median price per sq ft of ready properties. The price columns also include off-plan sales, so dividing them by the rent gives a different number.

Figures based on fewer than 3 records are not shown. Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Sales and rents by property type in Town Square

Property typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Apartments1,720AED 1.3mAED 1,570 per sq ft4,089AED 69,300
Villas and townhouses266AED 2.9mAED 1,358 per sq ft2,107AED 150,000
Whole buildingsunder 3 salesresidential rents only
Land plotsunder 3 salesresidential rents only
Offices, shops and hotel unitsunder 3 salesresidential rents only
Other property typesunder 3 salesresidential rents only

Land plots have their own price per sq ft in this table; the other prices per sq ft on this page exclude them.

Property types as registered in the Dubai Land Department data. Rents are counted for residential use only, so whole buildings, land plots and commercial units have no rent figures here. Figures based on fewer than 3 records are not shown.

Sales and rents by time range and property type in Town Square

Time rangeProperty typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Last 3 monthsAll property types319AED 1.4mAED 1,384 per sq ft1,914AED 83,000
Last 3 monthsApartments268AED 1.3mAED 1,390 per sq ft1,338AED 66,000
Last 3 monthsVillas and townhouses51AED 3mAED 1,334 per sq ft576AED 150,000
Last 6 monthsAll property types650AED 1.4mAED 1,379 per sq ft3,611AED 87,000
Last 6 monthsApartments547AED 1.3mAED 1,389 per sq ft2,417AED 69,000
Last 6 monthsVillas and townhouses103AED 2.9mAED 1,335 per sq ft1,194AED 150,000
Last 12 monthsApartments1,720AED 1.3mAED 1,570 per sq ft4,089AED 69,300
Last 12 monthsVillas and townhouses266AED 2.9mAED 1,358 per sq ft2,107AED 150,000

The time ranges are the last 3, 6 and 12 full months of the current period. Apartments are registered flats (rents: flats and studios), villas include townhouses. A figure is shown only above the minimum number of records; not a valuation.

Mortgage registrations in Town Square

Mortgage registrations
1,322

Registered mortgage transactions only, without interest rates and without lenders.

Location and metro

Town SquareMadinat Hind 4Al Hebiah ThirdDubai Sports CityAl Yelayiss 1Al Hebiah FifthAl Yelayiss 5
Distance to the nearest metro station: 13.0 km. Dark dot: this area; grey dots: other areas; rings: metro stations. Straight-line distance from the centre of the area; walking routes are longer. Area centres and metro stations: © OpenStreetMap contributors (ODbL). See all areas on the Dubai map

Nearby areas

Around Town Square

Open data for this area (population, service charges, valuations, schools, buildings and leases), each with its source and date; figures below the minimum count are not shown.

Service charges (median rate per sq ft, latest budget year)

Latest figure from the source: 2026

Total
4.44 AED/sq ft
Residential4.21 AED/sq ft
Retail13.41 AED/sq ft
Offices0.3 AED/sq ft

Data as of 31 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Valuations (median value per area unit, 12 months)

Nov 2025 – Nov 2026

Total
AED 986 per sq ft
UnitAED 1,262 per sq ft
BuildingAED 779 per sq ft
LandAED 250 per sq ft

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Floors per building (median, land register)

Total
2

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Parking spaces per building (median, land register)

Total
2

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Land parcels by land type (register)

Total
1,002
Commercial539
Utility202
Open Space180
Residential52
Facilities9
Transport9

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Lease contracts by tenant type (12 months)

Nov 2025 – Nov 2026

Total
6,280
Individuals3,626
Companies and authorities2,282

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Lease contracts by term (12 months)

Nov 2025 – Nov 2026

Total
6,280
12 months5,824
Under 12 months334
24 months or more66
13 to 23 months56

Data as of 8 Nov 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Most active projects in Town Square

ProjectSales
TOWN SQUARE ZAHRA125
Fiori105
Camden97
MAHA TOWNHOUSES84
The Hamilton81

Project names from the registered transactions; developer names are not shown.

More projects in Town Square

  • REEM TOWNHOUSES 207 registered transactions and rent contracts in 12 months.
  • NASEEM TOWNHOUSES 176 registered transactions and rent contracts in 12 months.
  • SAFI TOWNHOUSES 161 registered transactions and rent contracts in 12 months.
  • SAMA TOWNHOUSES 155 registered transactions and rent contracts in 12 months.
  • SHAMS TOWNHOUSES 133 registered transactions and rent contracts in 12 months.
  • THE DIPLOMAT RESIDENCES 89 registered transactions and rent contracts in 12 months.
  • ASCOT RESIDENCES 85 registered transactions and rent contracts in 12 months.
  • HOLLAND GARDENS 77 registered transactions and rent contracts in 12 months.
  • Olbia 76 registered transactions and rent contracts in 12 months.
  • LIVA 64 registered transactions and rent contracts in 12 months.
  • RAWDA APARTMENTS 60 registered transactions and rent contracts in 12 months.
  • THE MAYFAIR 60 registered transactions and rent contracts in 12 months.
  • TOWN SQUARE JENNA AND WARDA 57 registered transactions and rent contracts in 12 months.
  • TOWN SQUARE SAFI 54 registered transactions and rent contracts in 12 months.
  • HAYAT BOULEVARD 53 registered transactions and rent contracts in 12 months.
  • Alton 51 registered transactions and rent contracts in 12 months.
  • Symphony 42 registered transactions and rent contracts in 12 months.
  • Grove 40 registered transactions and rent contracts in 12 months.
  • NOOR TOWNHOUSES 40 registered transactions and rent contracts in 12 months.
  • TOWN SQUARE HAYAT 40 registered transactions and rent contracts in 12 months.
  • UNA 38 registered transactions and rent contracts in 12 months.
  • THE REGENT 31 registered transactions and rent contracts in 12 months.

Town Square: names and DLD area

تاون سكوير

DLD name Al Yelayiss 2 / اليلايس 2

Registered sales, rents and prices for Town Square from Dubai Land Department open data, where the area is registered as Al Yelayiss 2.

Town Square and the DLD area Al Yelayiss 2 are the same place.

All area names and DLD names

Market reports

Questions about Town Square

What is the median price per sq ft in Town Square?
The median price of registered sales in Town Square was AED 1,522 per sq ft in Nov 2025 – Oct 2026.
What is the gross rental yield in Town Square?
The gross rental yield of ready properties in Town Square was 6.80% in Nov 2025 – Oct 2026, before costs and vacancy.
How many sales were registered in Town Square?
1,986 sales were registered in Town Square in Nov 2025 – Oct 2026.
What share of sales in Town Square was off-plan?
52% of the registered sales in Town Square in Nov 2025 – Oct 2026 were off-plan.
What is the median rent for a 1 bedroom in Town Square?
The median annual rent of registered 1 bedroom contracts in Town Square was AED 60,000 in Nov 2025 – Oct 2026.
What is Town Square called in the Dubai Land Department data?
The Dubai Land Department registers Town Square as Al Yelayiss 2 (اليلايس 2).

Method and source

All Dubai areasAll area names and DLD namesHow these figures are calculatedSearch areas, projects and buildingsMarket matrix: all areas comparedAll Dubai projects with figuresAll Dubai buildings with figures

Figures based on fewer than 3 records are not shown.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Source: Dubai Land Department, open data via data.dubai (as of 9 Nov 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

More Dubai areas