Fern

P2b — Under Construction Off-Plan Primary
Developer Meraas Development L.L.C
Community Al Wasl
Property type Apartment
Data updated Feb 26, 2026

Fern is a Under Construction development by Meraas Development L.L.C in Al Wasl. 213 units across 1 Bedroom (45%), 2 Bedroom (33%), 3 Bedroom (18%). Over the trailing 12 months, 288 sales at a median of AED 2,500,000.

Key Metrics
Median Price
Value
AED 2,500,000
Change
27.8% YoY
Transactions
Value
288
Change
21 in period
Price / sqft
Value
AED 2,898
Handover Status
Value
P2b
Change
Under Construction
Median Price
AED 2,500,000
↓ 27.8% YoY
Transactions
288
↑ 21 in period
Price / sqft
AED 2,898
Handover
P2b
Under Construction
Investment Analytics
Capital Return
Value
32.2%
Community avg
Holding Period
Value
0.9 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
32.2%
Community avg
Holding Period
0.9 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 96 units · 45%
2 Bedroom 71 units · 33%
3 Bedroom 38 units · 18%
4 Bedroom 6 units · 3%
5 Bedroom 2 units · 1%

Transaction Breakdown

All time — 288 transactions
Off-Plan Primary
213
Off-Plan Secondary
75

Price History

Median Price — Fern

Median prices in Fern have trended upward, rising 8% to AED 3.2M over the past 7 months.

Recent Transactions

Showing last 10 of 288
Date Type Price (AED) Size (sqft) AED/sqft
Feb 26, 2026 OP Secondary 3,900,000 1,352 2,882
Feb 19, 2026 OP Secondary 4,500,000 1,352 3,326
Feb 16, 2026 OP Secondary 2,500,000 778 3,209
Feb 12, 2026 OP Secondary 2,270,000 783 2,898
Dec 16, 2025 OP Secondary 6,525,000 2,803 2,327
Dec 16, 2025 OP Secondary 2,350,000 783 3,000
Dec 03, 2025 OP Secondary 7,000,000 2,256 3,102
Nov 27, 2025 OP Secondary 6,700,000 2,256 2,969
Nov 24, 2025 OP Secondary 2,300,000 781 2,942
Sep 16, 2025 OP Secondary 4,500,000 1,264 3,557

This project is in Al Wasl

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