Dubai building data

NEON: sale prices and rents

نيون

Registered sales and rent contracts for the building NEON in Dubai Land Residence Complex, from Dubai Land Department open data.

NEON (Dubai Land Residence Complex): 154 registered sales in the 12 months to September 2026, median AED 1,655 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
154
no comparison vs previous 12 months
Median price per sq ft
AED 1,655 per sq ft
no comparison vs previous 12 months
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales

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

“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.

Off-plan and ready sales in NEON

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan154AED 1,655 per sq ft1,578 – 1,743
Readyunder 3under 3under 3

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

“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.

Rents and rental yield in NEON

Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

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

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“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.

Price per sq ft and rents by unit type in NEON

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom87AED 1,643 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms53AED 1,645 per sq ftunder 3 rent contractsunder 3 sales
3 bedrooms14AED 1,691 per sq ftunder 3 rent contractsunder 3 sales

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

“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.

Price trend in NEON

MonthSalesMedian per sq ftRent contracts
Oct 202526AED 1,676 per sq ftunder 3
Nov 202552AED 1,655 per sq ftunder 3
Dec 202528AED 1,672 per sq ftunder 3
Jan 20263AED 1,611 per sq ftunder 3
Mar 202613AED 1,645 per sq ftunder 3
Apr 202616AED 1,599 per sq ftunder 3
Jun 20263AED 1,719 per sq ftunder 3
Aug 20269AED 1,575 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2025106AED 1,668 per sq ft

“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.

Location

NEON is a building in the DLD area Wadi Al Safa 5.

Names as in the registered transactions and rent contracts; company names are not shown.

More buildings in Dubai Land Residence Complex

  • Kensington Gardens 324 registered transactions and rent contracts in 12 months.
  • Reef 998 200 registered transactions and rent contracts in 12 months.
  • FLOAREA OASIS 176 registered transactions and rent contracts in 12 months.
  • AZUL 160 registered transactions and rent contracts in 12 months.
  • Celesto Tower 154 registered transactions and rent contracts in 12 months.
  • CYAN 153 registered transactions and rent contracts in 12 months.

Questions about NEON

How many sales were registered in NEON?
154 sales were registered in NEON in Oct 2025 – Sep 2026.
What is the median price per sq ft in NEON?
The median price of registered sales in NEON was AED 1,655 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is NEON in?
NEON is registered in the Dubai Land Department area Wadi Al Safa 5 (Dubai Land Residence Complex).

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 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