Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Franck Muller Yachting

Under constructionDubai Maritime CityCompletion on file Jul 2028

585 homes on the DLD register in Madinat Dubai Almelaheyah, filed by London Gate Real Estate Development L.L.C. 579 sales have been registered against it between 5 Jan 2009 and 10 Aug 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 26 Mar 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityLondon Gate Real Estate Development L.L.C
Area (DLD)Madinat Dubai Almelaheyah
StatusUnder construction
Homes585
Registered sales579
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityLondon Gate Real Estate Development L.L.C
Area (DLD)Madinat Dubai Almelaheyah
Master communityDubai Maritime City
Project statusUnder construction
Construction progress0.00% complete (DLD inspection, 26 Mar 2026)
Homes registered585
Buildings1
Registered start30 Jul 2025
Registered completion date29 Jul 2028
DLD project number4017
Description as recorded by DLD

Residential building ( G+5P+30 floor+ Roof )

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account29360768

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Jul 2028.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

579 sales were registered against Franck Muller Yachting between 5 Jan 2009 and 10 Aug 2026 — a span of 211 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,597
Across 408 apartment and villa sales since 28 Apr 2025
Median price
AED 1.61m
Median size 553 sqft
Registered sales
579
5 Jan 2009 to 10 Aug 2026
Vs area median
-15.8%
Madinat Dubai Almelaheyah: 3,086 AED/sqft, 2,346 sales, off-plan only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers off-plan only in Madinat Dubai Almelaheyah over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
2,620Q4 2025n=2682,580Q1 2026n=1272,335Q2 2026n=103,094Q3 2026n=3

Q4 2025 median 2,620 AED/sqft over 268 sales; Q1 2026 median 2,580 AED/sqft over 127 sales — a change of -1.5% between those two quarters. Unit mix, floor level and view are not controlled for, so this is not a like-for-like comparison of the same unit.

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio206410 sqft3,112
1 bedroom120945 sqft2,386
2 bedrooms821,462 sqft1,959

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion4082,597
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
Franck Muller Yachting381
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
8 Aug 2026Off-planStudio409 sqftAED 1,357,0003,316
14 Jul 2026Off-planStudio430 sqftAED 1,330,0003,094
14 Jul 2026Off-plan2 bedrooms1,655 sqftAED 3,100,0001,873
17 Jun 2026Off-plan1 bedroom793 sqftAED 2,350,0002,964
3 Jun 2026Off-plan2 bedrooms1,462 sqftAED 2,702,7001,848
5 May 2026Off-plan1 bedroom945 sqftAED 2,162,0002,287
23 Apr 2026Off-plan1 bedroom792 sqftAED 1,862,0002,351
16 Apr 2026Off-plan2 bedrooms1,655 sqftAED 3,099,0001,873
16 Apr 2026Off-planStudio409 sqftAED 1,409,0003,443
10 Apr 2026Off-plan2 bedrooms1,462 sqftAED 3,372,1802,306
9 Apr 2026Off-planStudio410 sqftAED 1,359,0003,316
1 Apr 2026Off-planStudio410 sqftAED 1,276,0003,114

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
2,351
Across 11 registered sales to 2 Oct 2026
Registered sales, all time
579
5 Jan 2009 to 10 Aug 2026
The latest 25 of 579 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
10 Aug 2026FlatStudio4091,357,0003,316
14 Jul 2026FlatStudio4301,330,0003,094
14 Jul 2026Flat2 B/R1,6553,100,0001,873
18 Jun 2026Flat1 B/R7932,350,0002,964
4 Jun 2026Flat2 B/R1,4632,702,7001,848
5 May 2026Flat1 B/R9452,162,0002,287
24 Apr 2026Flat1 B/R7921,862,0002,351
17 Apr 2026Flat2 B/R1,6553,099,0001,873
16 Apr 2026FlatStudio4091,409,0003,443
13 Apr 2026Flat2 B/R1,4633,372,1802,306
9 Apr 2026FlatStudio4101,359,0003,316
1 Apr 2026FlatStudio4101,276,0003,114
1 Apr 2026Flat1 B/R7921,836,0002,318
27 Mar 2026FlatStudio4101,311,0003,199
26 Mar 2026Flat1 B/R7932,048,2002,583
25 Mar 2026FlatStudio4101,234,0003,011
25 Mar 2026Flat2 B/R1,4622,785,0001,906
24 Mar 2026Shop—8293,316,1604,000
24 Mar 2026Shop—8113,243,8404,000
24 Mar 2026Shop—5382,153,2404,000
24 Mar 2026Shop—5352,138,1604,000
24 Mar 2026Shop—9673,868,5604,000
24 Mar 2026Shop—4111,645,5604,000
24 Mar 2026Shop—8743,493,9604,000
24 Mar 2026Shop—8133,252,4004,000

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroAl Ghubaiba Metro Station
Nearest mallDubai Mall
Nearest landmarkBurj Khalifa

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT Franck Muller Yachting

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    585 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    579 registered sales

    Prices already paid, registered between 5 Jan 2009 and 10 Aug 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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