Sold Prices · DLD Data
South Bay 1
Madinat Al Mataar, Dubai
AED 1,141
Avg Price / sqft
AED 6.5M
Avg Sale Price
5
DLD Sales Recorded
12.8%
Est. Gross Yield
Market snapshot
South Bay 1 — the numbers
South Bay 1 is a residential building in Madinat Al Mataar, Dubai. Dubai Land Department records show 5 sales in the building, at an average price of AED 6.5M — around AED 1,141 per square foot.
Since January 2026, 5 sales completed in South Bay 1, with the average price per square foot moving from AED 1,133 to AED 1,343 (+18.5%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in South Bay 1 returns an estimated 12.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.
Figures are from Dubai Land Department transaction records for South Bay 1; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.
Price trend
Price trend in South Bay 1
Average sale price per sqft by month since January 2026+18.5%
Unit types
Prices by unit type
4 Bed
AED 4.1M
AED 1,044/sqft
4 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 27 Jul 2026 | Sales | - | 10,465 | AED 16M | AED 1,529 |
| 15 Jul 2026 | Sales | 4 | 3,978 | AED 4.6M | AED 1,156 |
| 10 Feb 2026 | Sales | 4 | 3,978 | AED 3.0M | AED 754 |
| 08 Jan 2026 | Sales | 4 | 3,552 | AED 4.1M | AED 1,154 |
| 02 Jan 2026 | Sales | 4 | 4,139 | AED 4.6M | AED 1,111 |
About the area
South Bay 1 is in Dubai South
Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.
Explore the Dubai South area guideNearby
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FAQ
South Bay 1: frequently asked questions
What is the average price in South Bay 1?
The average recorded sale price in South Bay 1, Madinat Al Mataar is AED 6.5M, around AED 1,141 per square foot, based on Dubai Land Department transaction data.
Are prices in South Bay 1 going up or down?
Average sale prices in South Bay 1 have risen +18.5% per square foot since January 2026, across 5 DLD-recorded sales.
What rental yield can I expect in South Bay 1?
Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in South Bay 1 yields roughly 12.8% gross per year, before service charges and fees.
How many properties have sold in South Bay 1?
5 sales have been recorded in South Bay 1 according to DLD data.
Considering South Bay 1?
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