Community market reading
Town Square: May 2026 market reading
Apartments led May activity, with 46 completed transfers and 30 off-plan registrations.
Apartments made up most of the recorded May activity.
The reported average completed apartment sale was AED 1,281,715 across 46 transfers, compared with AED 1,571,085 across 30 off-plan registrations. A different mix of building, size and delivery stage can account for part of that gap. The extract also lists 12 completed villa and townhouse transfers, averaging AED 2,898,912. Its residential price measure moved −0.35% for the month and +13.11% over 12 months.
New and completed averages describe different homes.
A share of the recorded apartment transaction count, not a measure of the community's completed housing stock.
How this is calculated
(46 completed apartment transfers) ÷ (46 completed plus 30 off-plan apartment transactions) × 100. Calculated from the reported counts below, rounded to one decimal place.
The figures below refer to the stated reporting period.
Town Square figures reported for May 2026. No April report was supplied for this reading.
| Measure | May 2026 |
|---|---|
| Reported monthly residential price change | −0.35% |
| Reported 12-month residential price change | +13.11% |
| Reported gross residential rental yield | 6.20% |
| Completed apartment transfers | 46 |
| Off-plan apartment registrations | 30 |
| Completed villa/townhouse transfers | 12 |
Compare within the same phase and building standard.
Completed apartments led the recorded activity
The two apartment categories recorded 76 transactions, with more completed transfers than off-plan registrations. The additional 12 completed villa and townhouse transfers describe a separate, higher-ticket group. The report does not supply a comparable off-plan villa and townhouse count here, so an all-home share would give a false sense of completeness.
The average off-plan apartment ticket was AED 289,370 above the completed-apartment average. That gap can reflect which homes sold, not just their development stage. A like-for-like comparison needs the actual floor areas and buildings.
Annual gains do not erase a softer month
The reported annual residential price increase was 13.11%, alongside a 0.35% monthly decline. May was softer on that measure despite the longer-period gain. The 6.20% gross yield is a separate aggregate, not the return an owner would retain after the running costs of a specific apartment.
Compare apartments within the same phase and building standard, then account for service charges and actual rent. The community's reported gross yield is an area aggregate; it is not the net return on a specific home.
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