{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/offices/mirdif/multaqa-avenue-1","canonicalUrl":"https://dubaiwealthindex.com/commercial/offices/mirdif/multaqa-avenue-1","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/offices/mirdif/multaqa-avenue-1","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Multaqa Avenue 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/offices/mirdif/multaqa-avenue-1","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/offices/mirdif/multaqa-avenue-1). “Multaqa Avenue 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/offices/mirdif/multaqa-avenue-1\">Dubai Wealth Index</a>. “Multaqa Avenue 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"office","assetClassLabel":"Offices","area":{"name":"Mirdif","slug":"mirdif","dldAreaId":"232"},"building":{"name":"Multaqa Avenue 1","slug":"multaqa-avenue-1"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial sales","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"leases":{"name":"Ejari physical-unit lease contracts","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-12"},"registeredUnits":{"name":"DLD unit register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"registeredBuildings":{"name":"DLD building register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"projects":{"name":"DLD project register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-07-06"},"serviceCharges":{"name":"RERA/Mollak approved service charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":1980.59,"medianRentPsf":49.94,"grossYieldPct":null,"serviceChargePsf":29.46,"yieldAfterServiceChargePct":null,"sales12m":1,"newLeases12m":8,"priorNewLeases12m":15,"leasingDemandChangePct":-46.67,"registeredStock":40,"totalStock":40,"liquidityPct":2.5,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"sale_psf","month":"2022-02-01","value":1342.31,"recordCount":1},{"metric":"new_leases","month":"2022-10-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2022-10-01","value":1288.37,"recordCount":1},{"metric":"rent_psf","month":"2022-10-01","value":47.34,"recordCount":1},{"metric":"sale_psf","month":"2023-05-01","value":1303.95,"recordCount":2},{"metric":"sale_psf","month":"2023-08-01","value":1295.71,"recordCount":2},{"metric":"sale_psf","month":"2023-10-01","value":1518.6,"recordCount":1},{"metric":"sale_psf","month":"2023-12-01","value":1536.71,"recordCount":4},{"metric":"sale_psf","month":"2024-01-01","value":1547.48,"recordCount":5},{"metric":"sale_psf","month":"2024-02-01","value":1438.34,"recordCount":2},{"metric":"new_leases","month":"2024-02-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2024-02-01","value":29.64,"recordCount":4},{"metric":"sale_psf","month":"2024-04-01","value":1622.52,"recordCount":2},{"metric":"new_leases","month":"2024-05-01","value":4,"recordCount":4},{"metric":"sale_psf","month":"2024-05-01","value":1592.61,"recordCount":7},{"metric":"rent_psf","month":"2024-05-01","value":35.52,"recordCount":4},{"metric":"sale_psf","month":"2024-06-01","value":1182.59,"recordCount":1},{"metric":"new_leases","month":"2024-07-01","value":2,"recordCount":2},{"metric":"sale_psf","month":"2024-07-01","value":1209.68,"recordCount":4},{"metric":"rent_psf","month":"2024-07-01","value":204.27,"recordCount":2},{"metric":"rent_psf","month":"2024-08-01","value":176.33,"recordCount":1},{"metric":"new_leases","month":"2024-08-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2024-09-01","value":1538.53,"recordCount":1},{"metric":"rent_psf","month":"2024-11-01","value":125.69,"recordCount":1},{"metric":"sale_psf","month":"2024-11-01","value":1557.62,"recordCount":1},{"metric":"new_leases","month":"2024-11-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2024-12-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2024-12-01","value":23.22,"recordCount":3},{"metric":"sale_psf","month":"2024-12-01","value":1603.86,"recordCount":2},{"metric":"new_leases","month":"2025-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2025-01-01","value":117.39,"recordCount":1},{"metric":"rent_psf","month":"2025-02-01","value":131.7,"recordCount":3},{"metric":"new_leases","month":"2025-02-01","value":3,"recordCount":3},{"metric":"sale_psf","month":"2025-03-01","value":1407.62,"recordCount":1},{"metric":"new_leases","month":"2025-04-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2025-04-01","value":81.19,"recordCount":4},{"metric":"sale_psf","month":"2025-04-01","value":1312.8,"recordCount":1},{"metric":"sale_psf","month":"2025-05-01","value":1557.62,"recordCount":1},{"metric":"new_leases","month":"2025-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-05-01","value":45.34,"recordCount":2},{"metric":"sale_psf","month":"2025-06-01","value":1528.5,"recordCount":2},{"metric":"sale_psf","month":"2025-09-01","value":1247.89,"recordCount":1},{"metric":"rent_psf","month":"2025-09-01","value":24.96,"recordCount":1},{"metric":"new_leases","month":"2025-09-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2025-10-01","value":1980.59,"recordCount":1},{"metric":"new_leases","month":"2026-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-01-01","value":161.08,"recordCount":2},{"metric":"new_leases","month":"2026-04-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-04-01","value":68.1,"recordCount":2},{"metric":"rent_psf","month":"2026-05-01","value":49.96,"recordCount":1},{"metric":"new_leases","month":"2026-05-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2026-06-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-06-01","value":20.87,"recordCount":2},{"metric":"new_leases","month":"2026-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-07-01","value":49.92,"recordCount":1}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}