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Dubai building data

THE PIER: sale prices and rents

ذا بير

Registered sales and rent contracts for the building THE PIER in Madinat Dubai Almelaheyah, from Dubai Land Department open data.

THE PIER (Madinat Dubai Almelaheyah): 34 registered sales in the 12 months to September 2026, median AED 2,632 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
34
−82.7% vs previous 12 months
Median price per sq ft
AED 2,632 per sq ft
+8.2% vs previous 12 months
Median sale price
AED 2.9m
Off-plan share of sales
100%
Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales
Mortgage registrations
under 3

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 THE PIER

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan34AED 2,632 per sq ft2,518 – 2,816
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 THE PIER

Registered rent contracts
under 3
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 THE PIER

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom5AED 2,420 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms27AED 2,632 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 THE PIER

MonthSalesMedian per sq ftRent contracts
Oct 202446AED 2,443 per sq ftunder 3
Nov 202444AED 2,463 per sq ftunder 3
Dec 202424AED 2,428 per sq ftunder 3
Jan 202515AED 2,376 per sq ftunder 3
Feb 202519AED 2,463 per sq ftunder 3
Mar 202531AED 2,289 per sq ftunder 3
Apr 20254AED 2,169 per sq ftunder 3
May 20255AED 2,413 per sq ftunder 3
Aug 20253AED 2,548 per sq ftunder 3
Sep 20255AED 2,934 per sq ftunder 3
Oct 20259AED 2,727 per sq ftunder 3
Nov 20255AED 2,624 per sq ftunder 3
Dec 20259AED 2,600 per sq ftunder 3
Jan 20263AED 1,853 per sq ftunder 3
Feb 20264AED 2,420 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2024147AED 2,443 per sq ft
2025106AED 2,463 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

THE PIER is a building in the DLD area Madinat Dubai Almelaheyah.

Figures for Madinat Dubai Almelaheyah

THE PIER belongs to the project The Pier.

Figures for The Pier

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

More buildings in Madinat Dubai Almelaheyah

  • Franck Muller Yachting 577 registered transactions and rent contracts in 12 months.
  • Aurea 158 registered transactions and rent contracts in 12 months.
  • Talea 111 registered transactions and rent contracts in 12 months.
  • Fior 1 60 registered transactions and rent contracts in 12 months.
  • SERA 2 - Tower B 48 registered transactions and rent contracts in 12 months.
  • PRESTIGE ONE RESIDENCES 46 registered transactions and rent contracts in 12 months.

Questions about THE PIER

How many sales were registered in THE PIER?
34 sales were registered in THE PIER in Oct 2025 – Sep 2026.
What is the median price per sq ft in THE PIER?
The median price of registered sales in THE PIER was AED 2,632 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is THE PIER in?
THE PIER is registered in the Dubai Land Department area Madinat Dubai Almelaheyah.

Method and source

All Dubai buildings with figuresAll Dubai areasHow these figures are calculated

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