Key Metrics
Median Price
- Value
- AED 577,853
- Change
- 23.3% YoY
Transactions
- Value
- 585
- Change
- 29 in period
Price / sqft
- Value
- AED 1,164
Handover Status
- Value
- P1
- Change
- Delivered — ready sale recorded
Median Price
AED 577,853
↓ 23.3% YoY
Transactions
585
↑ 29 in period
Price / sqft
AED 1,164
Handover
P1
Delivered
Investment Analytics
Capital Return
- Value
- 14.7%
Holding Period
- Value
- 4.4 yrs
Liquidity
- Value
- 7.5%
Price Dispersion
- Value
- 13.8%
Ready Market Mix
- Value
- 0.0%
Rental Activity
- Value
- 74.6%
Capital Return
14.7%
Holding Period
4.4 yrs
Liquidity
7.5%
Price Dispersion
13.8%
Ready Market Mix
0.0%
Rental Activity
74.6%
Rental Performance
Rental Volume
- Value
- 3,460
Avg Annual Rent
- Value
- AED 42,197
New Leases
- Value
- 57.6%
Renewals
- Value
- 42.4%
Rental Volume
3,460
Avg Annual Rent
AED 42,197
New Leases
57.6%
Renewals
42.4%
Unit Mix
By bedroom typeTransaction Breakdown
All time — 585 transactionsOff-Plan Primary
10
2%
Ready Primary
375
64%
Ready Secondary
200
34%
Price History
Median Price — The Spirit
Median prices in The Spirit have declined significantly, down 23% to AED 415K over the past 11 months.
Recent Transactions
Showing last 10 of 585| Date | Type | Price (AED) | AED/sqft | |
|---|---|---|---|---|
| Mar 11, 2026 | RP Secondary | 415,000 | 356 | 1,164 |
| Feb 23, 2026 | RP Secondary | 400,000 | 324 | 1,231 |
| Feb 18, 2026 | RP Secondary | 525,000 | 577 | 908 |
| Feb 13, 2026 | RP Secondary | 800,000 | 749 | 1,068 |
| Feb 09, 2026 | RP Secondary | 440,000 | 370 | 1,186 |
| Feb 09, 2026 | RP Secondary | 550,000 | 635 | 865 |
| Jan 24, 2026 | RP Secondary | 663,467 | 508 | 1,303 |
| Dec 26, 2025 | RP Secondary | 564 | 514 | 1 |
| Dec 04, 2025 | RP Secondary | 713,484 | 703 | 1,014 |
| Oct 14, 2025 | RP Secondary | 430,000 | 415 | 1,034 |
This project is in Dubai Sports City
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