South Bay 1, Madinat Al Mataar

    Sold Prices · DLD Data

    South Bay 1

    Madinat Al Mataar, Dubai

    AED 1,110

    Avg Price / sqft

    AED 6.1M

    Avg Sale Price

    13

    DLD Sales Recorded

    6.8%

    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 13 sales in the building, at an average price of AED 6.1M — around AED 1,110 per square foot.

    Since January 2026, 12 sales completed in South Bay 1, with the average price per square foot moving from AED 1,133 to AED 1,147 (+1.3%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in South Bay 1 returns an estimated 6.8% 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 (single-sale months excluded)+1.3%

    1,0941,2011,307Jan 26: AED 1,133/sqft · 2 salesJan 26Jul 26: AED 1,343/sqft · 2 salesJul 26Aug 26: AED 1,058/sqft · 5 salesAug 26Sep 26: AED 1,147/sqft · 3 salesSep 26

    Unit types

    Prices by unit type

    4 Bed

    AED 3.9M

    AED 986/sqft

    5 sales · last 12 months

    5 Bed

    AED 5.0M

    AED 1,084/sqft

    6 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    25 Sept 2026Sales54,219AED 5.0MAED 1,185
    22 Sept 2026Sales54,546AED 5.2MAED 1,149
    09 Sept 2026Sales54,512AED 5.0MAED 1,108
    27 Aug 2026Sales54,219AED 5.2MAED 1,221
    27 Aug 2026Sales56,169AED 5.5MAED 891
    20 Aug 2026Sales54,219AED 4.0MAED 948
    20 Aug 2026Sales43,978AED 3.0MAED 754
    19 Aug 2026Sales-9,357AED 14MAED 1,475
    27 Jul 2026Sales-10,465AED 16MAED 1,529
    15 Jul 2026Sales43,978AED 4.6MAED 1,156
    10 Feb 2026Sales43,978AED 3.0MAED 754
    08 Jan 2026Sales43,552AED 4.1MAED 1,154
    02 Jan 2026Sales44,139AED 4.6MAED 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 guide

    Nearby

    Other buildings in Madinat Al Mataar

    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 6.1M, around AED 1,110 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 +1.3% per square foot since January 2026, across 12 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 6.8% gross per year, before service charges and fees.

    How many properties have sold in South Bay 1?

    13 sales have been recorded in South Bay 1 according to DLD data.

    Considering South Bay 1?

    Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Al Mataar from Binayah's advisors — no pressure, just the numbers.

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