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District data

Al Markhaniyyahproperty prices & transactions

Al Markhaniyyah has 71 recorded ADREC sale transactions, at a median price of AED 2,800,000 and AED 230 per built-up square foot. These are settled transactions, not asking prices.

ADREC registry · 2019-04-152026-07-31

0% of recorded sales here were off-plan and 100% were completed homes, which explains part of the spread between individual transaction prices.

The median price per sqft has risen from AED 145 in 2019 to AED 214 in 2026.

71

Recorded sales · 2019–2026

AED 230

Median AED per built-up sqft · 2019–2026

-52.8% vs 2025 median

AED 2.8m

Median sale price

AED 216.6m

Total recorded value

1

Projects with sales

By property type

By property type — Al Markhaniyyah
TypeRecorded salesMedian AED/sqft
apartment39AED 111
villa28AED 575

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Off-plan vs ready

Off-plan sales register at a different price point from completed stock; splitting them keeps the median honest.

Off-plan vs ready — Al Markhaniyyah
StatusRecorded salesAverage price
Off-plan0AED 0
Ready71AED 3.05m

Recorded sales by year

Recorded sales by year — Al Markhaniyyah
YearRecorded sales
2019
4
2020
15
2021
9
2022
12
2023
12
2024
9
2025
4
2026
6

Method

Figures are medians over recorded ADREC sale transactions — settled deals, not asking prices or portal listings. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. A median can move because the mix of what sold changed, not only because prices changed. Districts are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.

Cite this page

You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:

Knownable, "Al Markhaniyyah property prices & transactions", https://www.knownable.com/en/districts/al-markhaniyyah

Published under CC BY 4.0.

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