New homes in Art Bay start at AED 1,814,828; the keys were due Sep 2026; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 215 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Health Care City Phase 2. Their median price is AED 2,095 per sq ft (about AED 901,000 at 430 sq ft). This project's from price is AED 4,221 per sq ft (AED 1,814,828 for its smallest home, 430 sq ft), 101% more.
Keys
Sep 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 3 beds
Sizes
430 to 2,459 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 4,221 per sq ft
Similar off-plan homes: AED 2,095 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 20%
Booking
20%
AED 362,966+ AED 72,593 DLD fee
AED 435,559
As it is builtWhile it is built · 50%
While it is built
50%
AED 907,414
AED 1,342,973
At the keys (Sep 2026)Keys · 30%
Keys
30%
AED 544,448
AED 1,887,421
Booking payment, 20%
AED 362,966
Dubai Land Department fee (Oqood), 4%
AED 72,593
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 435,559
Total costPrice plus the DLD fee
AED 1,887,421
The handover date (Sep 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 215 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Health Care City Phase 2, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Dubai Health Care City Phase 2, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 215 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Health Care City Phase 2, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,095 per sq ft
AED 1,332 to AED 1,553 per sq ft
2 sales
AED 1,553 to AED 1,774 per sq ft
5 sales
AED 1,774 to AED 1,995 per sq ft
27 sales
AED 1,995 to AED 2,216 per sq ft
115 sales
AED 2,216 to AED 2,438 per sq ft
1 sale
AED 2,438 to AED 2,659 per sq ft
23 sales
AED 2,659 to AED 2,880 per sq ft
40 sales
AED 2,880 to AED 3,101 per sq ft
2 sales
AED 1,332 per sq ftAED 3,101 per sq ft
This project AED 4,221 per sq ft, above every sale
Half of the sales sold for AED 2,054 to AED 2,650 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,332 to AED 1,553 per sq ft
2
AED 1,553 to AED 1,774 per sq ft
5
AED 1,774 to AED 1,995 per sq ft
27
AED 1,995 to AED 2,216 per sq ft
115
AED 2,216 to AED 2,438 per sq ft
1
AED 2,438 to AED 2,659 per sq ft
23
AED 2,659 to AED 2,880 per sq ft
40
AED 2,880 to AED 3,101 per sq ft
2
The 3 closest sales
Picked from the 215 similar sales above, closest in size to this project's smallest home.
Dec 2025AED 883,000AED 2,049 per sq ftBinghatti Starlight, 431 sq ft
Dec 2025AED 887,000AED 2,059 per sq ftBinghatti Starlight, 431 sq ft
Dec 2025AED 896,000AED 2,079 per sq ftBinghatti Starlight, 431 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Jaddaf in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,814,828 here
Off-plan medianAED 870,000AED 2,214 per sq ft
Sales655
101% above 215 similar sales
1-bed apartment
Off-plan medianAED 1,459,000AED 1,990 per sq ft
Sales853
2-bed apartment
Off-plan medianAED 2,103,000AED 2,001 per sq ft
Sales492
3-bed apartment
Off-plan medianAED 3,518,000AED 1,957 per sq ft
Sales53
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
3%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
2.3%
Typical gross yield of similar ready homes
7.3%
Median rent of studio apartments in Al Jaddaf
AED 55,000 a year
Service charge a year, from the keysThe area median, AED 25 per sq ft from 7 buildings, as of 2023, for the smallest home (430 sq ft)
AED 10,750
Rent contracts counted
704
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 55,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 99,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 55,000 ÷ AED 1,814,828 = 3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Al Jadaf Metro Station600 m, 11 min walkMetro station
Dubai Creek Harbour2.7 km, 11 min driveWaterfront
The National Charity School1.4 km, 3 min driveSchool
Cambridge International School1.5 km, 7 min driveBritish school
Dubai International School2.2 km, 6 min driveAmerican school
Swiss International Scientific School in Dubai2.3 km, 6 min driveIB school
New Indian Model School1.4 km, 3 min driveIndian school
Festival City Mall1.6 km, 3 min driveMall
DHCC Bldg 241.3 km, 2 min driveHospital
Dubai World Trade Centre5 km, 10 min driveOffices
Dubai Creek Golf and Yacht Club1.4 km, 3 min driveGolf
Art Bay is a low-rise Ellington building in Al Jaddaf with studios to three-bedroom apartments from AED 1,814,828 and a listed handover of September 2026, which has passed and may be out of date. Its from price is about 101% above 215 similar studio sales in Dubai Health Care City Phase 2 (12 months to November 2026).
The from price is about 101% above 215 similar studio sales in Dubai Health Care City Phase 2 (12 months to November 2026). Those sales are across the area, not only in this building. Ask which unit the from price is for, its size and bed type, before you compare it with anything else.
The listed handover is September 2026, which has passed, so it may be out of date; ask the developer for the completion certificate and when handover will take place. The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 362,970, AED 907,410 and AED 544,450. Separately, the 4% DLD fee comes to AED 72,590; ask when it is due.
The developer lists studios of 430–485 sq ft, one-bedroom homes of 847–959 sq ft, two-bedroom homes of 1,211–2,426 sq ft and three-bedroom homes of 1,798–2,147 sq ft. The listing's top size is 2,459 sq ft, and some two-bedroom units are larger than the three-bedroom ones, so confirm your floor plan. Facilities include a gym, a kids' play area, a multipurpose room, community gardens, a co-working space and outdoor working pods, retail spaces, a lounge and a 24-hour concierge.
Al Jadaf Metro Station is about 580 m away and a medical centre about 310 m. Dubai Creek Golf and Yacht Club is about 1.4 km away and Cambridge International School about 1.5 km. The listing does not state the ownership type, so confirm the ownership terms with the developer.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
3 BR
Studio
How prices moved
Median price of studio apartments in Al Jaddaf, over the 12 months to each dateUp 22% from Dec 2024 to Sep 2026.
Dec 2024AED 1,819 per sq ft
Sep 2026AED 2,214 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,214 per sq ft
655 sales
Jun 2026
AED 2,186 per sq ft
840 sales
Mar 2026
AED 2,155 per sq ft
916 sales
Dec 2025
AED 2,112 per sq ft
808 sales
Sep 2025
AED 2,071 per sq ft
660 sales
Jun 2025
AED 1,903 per sq ft
383 sales
Mar 2025
AED 1,858 per sq ft
296 sales
Dec 2024
AED 1,819 per sq ft
219 sales
Off-plan sales only.
Questions about this project
Who is building Art Bay?
The listing names Ellington. Confirm the developer on the sale agreement.
When is handover?
The listed handover is September 2026, which has passed, so it may be out of date; ask the developer. Ask for the completion certificate before you pay.
How does the price compare with the area?
It is about 101% above 215 similar studio sales in Dubai Health Care City Phase 2 (12 months to November 2026).
What are the payment steps?
20% on booking (AED 362,970), 50% during construction (AED 907,410) and 30% at handover (AED 544,450). Separately, the 4% DLD fee comes to AED 72,590; ask when it is due.
How far is the metro?
Al Jadaf Metro Station is about 580 m away.
Can foreigners buy here?
The listing does not state the ownership type, so confirm the ownership terms with the developer before you sign.
