{"schemaVersion":"2.1","recordType":"commercial_area","canonicalPath":"/commercial/offices/nad-al-shiba-third","canonicalUrl":"https://dubaiwealthindex.com/commercial/offices/nad-al-shiba-third","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/offices/nad-al-shiba-third","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Nad Al Shiba Third offices.” Dubai. Data to 2026-10-12. area × 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/nad-al-shiba-third","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/offices/nad-al-shiba-third). “Nad Al Shiba Third offices.” Dubai. Data to 2026-10-12. area × 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/nad-al-shiba-third\">Dubai Wealth Index</a>. “Nad Al Shiba Third offices.” Dubai. Data to 2026-10-12. area × 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":"Nad Al Shiba Third","slug":"nad-al-shiba-third","dldAreaId":"337"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD area × 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":null,"medianRentPsf":138.96,"grossYieldPct":null,"serviceChargePsf":null,"yieldAfterServiceChargePct":null,"sales12m":0,"newLeases12m":13,"priorNewLeases12m":34,"leasingDemandChangePct":-61.76,"registeredStock":null,"totalStock":null,"liquidityPct":null,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"rent_psf","month":"2012-01-01","value":84.61,"recordCount":1},{"metric":"new_leases","month":"2012-01-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2012-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2012-06-01","value":82.69,"recordCount":1},{"metric":"new_leases","month":"2012-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2012-07-01","value":86.54,"recordCount":1},{"metric":"new_leases","month":"2012-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2012-11-01","value":90.38,"recordCount":1},{"metric":"new_leases","month":"2013-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2013-01-01","value":92.31,"recordCount":2},{"metric":"new_leases","month":"2013-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-02-01","value":90.38,"recordCount":1},{"metric":"rent_psf","month":"2013-03-01","value":84.61,"recordCount":3},{"metric":"new_leases","month":"2013-03-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2013-04-01","value":96.15,"recordCount":1},{"metric":"new_leases","month":"2013-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-05-01","value":86.54,"recordCount":3},{"metric":"new_leases","month":"2013-05-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2013-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-06-01","value":94.23,"recordCount":1},{"metric":"rent_psf","month":"2013-08-01","value":101.92,"recordCount":1},{"metric":"new_leases","month":"2013-08-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2013-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-09-01","value":80.52,"recordCount":1},{"metric":"rent_psf","month":"2013-12-01","value":103.85,"recordCount":1},{"metric":"new_leases","month":"2013-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-02-01","value":115.38,"recordCount":1},{"metric":"new_leases","month":"2014-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-03-01","value":94.23,"recordCount":3},{"metric":"new_leases","month":"2014-03-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2014-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-05-01","value":119.23,"recordCount":1},{"metric":"new_leases","month":"2014-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-10-01","value":125,"recordCount":1},{"metric":"new_leases","month":"2014-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-11-01","value":119.23,"recordCount":1},{"metric":"new_leases","month":"2014-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-12-01","value":115.38,"recordCount":1},{"metric":"new_leases","month":"2015-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-01-01","value":121.15,"recordCount":1},{"metric":"rent_psf","month":"2015-02-01","value":129.03,"recordCount":15},{"metric":"new_leases","month":"2015-02-01","value":15,"recordCount":15},{"metric":"rent_psf","month":"2015-03-01","value":125.06,"recordCount":23},{"metric":"new_leases","month":"2015-03-01","value":23,"recordCount":23},{"metric":"new_leases","month":"2015-04-01","value":12,"recordCount":12},{"metric":"rent_psf","month":"2015-04-01","value":125.06,"recordCount":12},{"metric":"rent_psf","month":"2015-05-01","value":122.22,"recordCount":9},{"metric":"new_leases","month":"2015-05-01","value":9,"recordCount":9},{"metric":"new_leases","month":"2015-06-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2015-06-01","value":117.31,"recordCount":2},{"metric":"new_leases","month":"2015-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2015-09-01","value":133.99,"recordCount":2},{"metric":"rent_psf","month":"2015-11-01","value":125,"recordCount":1},{"metric":"new_leases","month":"2015-11-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2015-12-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2015-12-01","value":98.98,"recordCount":3},{"metric":"new_leases","month":"2016-02-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2016-02-01","value":134.99,"recordCount":3},{"metric":"rent_psf","month":"2016-03-01","value":114.82,"recordCount":5},{"metric":"new_leases","month":"2016-03-01","value":5,"recordCount":5},{"metric":"rent_psf","month":"2016-04-01","value":118.27,"recordCount":4},{"metric":"new_leases","month":"2016-04-01","value":4,"recordCount":4},{"metric":"new_leases","month":"2016-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-05-01","value":121.09,"recordCount":1},{"metric":"new_leases","month":"2016-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2016-09-01","value":116.44,"recordCount":2},{"metric":"rent_psf","month":"2016-10-01","value":109.05,"recordCount":1},{"metric":"new_leases","month":"2016-10-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2016-12-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2016-12-01","value":106.48,"recordCount":4},{"metric":"rent_psf","month":"2017-01-01","value":107.2,"recordCount":1},{"metric":"new_leases","month":"2017-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-03-01","value":109.18,"recordCount":2},{"metric":"new_leases","month":"2017-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2017-04-01","value":99.26,"recordCount":4},{"metric":"new_leases","month":"2017-04-01","value":4,"recordCount":4},{"metric":"new_leases","month":"2017-05-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2017-05-01","value":97.7,"recordCount":4},{"metric":"new_leases","month":"2017-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-06-01","value":99.26,"recordCount":1},{"metric":"rent_psf","month":"2017-07-01","value":98.26,"recordCount":4},{"metric":"new_leases","month":"2017-07-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2017-08-01","value":99.26,"recordCount":1},{"metric":"new_leases","month":"2017-08-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2017-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-10-01","value":95.29,"recordCount":1},{"metric":"rent_psf","month":"2018-01-01","value":90.32,"recordCount":6},{"metric":"new_leases","month":"2018-01-01","value":6,"recordCount":6},{"metric":"rent_psf","month":"2018-02-01","value":89.33,"recordCount":5},{"metric":"new_leases","month":"2018-02-01","value":5,"recordCount":5},{"metric":"new_leases","month":"2018-03-01","value":8,"recordCount":8},{"metric":"rent_psf","month":"2018-03-01","value":89.33,"recordCount":8},{"metric":"new_leases","month":"2018-04-01","value":6,"recordCount":6},{"metric":"rent_psf","month":"2018-04-01","value":88.34,"recordCount":6},{"metric":"rent_psf","month":"2018-05-01","value":78.19,"recordCount":1},{"metric":"new_leases","month":"2018-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-06-01","value":79.4,"recordCount":1},{"metric":"new_leases","month":"2018-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-07-01","value":69.74,"recordCount":2},{"metric":"new_leases","month":"2018-07-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2018-08-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2018-08-01","value":69.48,"recordCount":3},{"metric":"rent_psf","month":"2018-09-01","value":73.3,"recordCount":1},{"metric":"new_leases","month":"2018-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2018-10-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2018-10-01","value":72.66,"recordCount":2},{"metric":"new_leases","month":"2019-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-01-01","value":68.16,"recordCount":1},{"metric":"new_leases","month":"2019-03-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-03-01","value":79.4,"recordCount":1},{"metric":"new_leases","month":"2019-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-04-01","value":79.4,"recordCount":1},{"metric":"rent_psf","month":"2019-10-01","value":79.4,"recordCount":1},{"metric":"new_leases","month":"2019-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-01-01","value":59.55,"recordCount":3},{"metric":"new_leases","month":"2021-01-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2021-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-03-01","value":69.48,"recordCount":2},{"metric":"new_leases","month":"2021-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-05-01","value":69.48,"recordCount":1},{"metric":"rent_psf","month":"2021-06-01","value":59.55,"recordCount":1},{"metric":"new_leases","month":"2021-06-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2021-07-01","value":8,"recordCount":8},{"metric":"rent_psf","month":"2021-07-01","value":59.55,"recordCount":8},{"metric":"rent_psf","month":"2021-08-01","value":59.55,"recordCount":3},{"metric":"new_leases","month":"2021-08-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2021-09-01","value":69.48,"recordCount":1},{"metric":"new_leases","month":"2021-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-10-01","value":59.55,"recordCount":2},{"metric":"new_leases","month":"2021-10-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2021-11-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2021-11-01","value":62.53,"recordCount":4},{"metric":"new_leases","month":"2021-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-12-01","value":77.42,"recordCount":1},{"metric":"rent_psf","month":"2022-01-01","value":59.55,"recordCount":1},{"metric":"new_leases","month":"2022-01-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2022-03-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-03-01","value":75.43,"recordCount":1},{"metric":"rent_psf","month":"2022-04-01","value":79.4,"recordCount":1},{"metric":"new_leases","month":"2022-04-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2022-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-05-01","value":79.4,"recordCount":2},{"metric":"new_leases","month":"2022-06-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2022-06-01","value":85.45,"recordCount":4},{"metric":"new_leases","month":"2022-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-07-01","value":91.32,"recordCount":2},{"metric":"rent_psf","month":"2022-08-01","value":63.52,"recordCount":1},{"metric":"new_leases","month":"2022-08-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2022-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-09-01","value":83.37,"recordCount":2},{"metric":"new_leases","month":"2022-10-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-10-01","value":74.33,"recordCount":2},{"metric":"new_leases","month":"2022-11-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-11-01","value":89.76,"recordCount":2},{"metric":"rent_psf","month":"2023-01-01","value":85.96,"recordCount":2},{"metric":"new_leases","month":"2023-01-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2023-02-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2023-02-01","value":90.52,"recordCount":3},{"metric":"new_leases","month":"2023-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2023-03-01","value":84.65,"recordCount":2},{"metric":"new_leases","month":"2023-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2023-04-01","value":89.33,"recordCount":1},{"metric":"rent_psf","month":"2023-05-01","value":69.54,"recordCount":2},{"metric":"new_leases","month":"2023-05-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2023-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2023-07-01","value":78.37,"recordCount":2},{"metric":"rent_psf","month":"2023-08-01","value":93.3,"recordCount":3},{"metric":"new_leases","month":"2023-08-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2023-10-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2023-10-01","value":65.73,"recordCount":2},{"metric":"new_leases","month":"2023-12-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2023-12-01","value":97.27,"recordCount":3},{"metric":"new_leases","month":"2024-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2024-01-01","value":78.47,"recordCount":2},{"metric":"rent_psf","month":"2024-02-01","value":97.49,"recordCount":2},{"metric":"new_leases","month":"2024-02-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2024-03-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2024-03-01","value":99.26,"recordCount":3},{"metric":"new_leases","month":"2024-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2024-05-01","value":109.87,"recordCount":2},{"metric":"new_leases","month":"2024-08-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2024-08-01","value":96.15,"recordCount":3},{"metric":"new_leases","month":"2024-09-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2024-09-01","value":99.54,"recordCount":3},{"metric":"rent_psf","month":"2024-10-01","value":100,"recordCount":9},{"metric":"new_leases","month":"2024-10-01","value":9,"recordCount":9},{"metric":"rent_psf","month":"2024-11-01","value":120.1,"recordCount":6},{"metric":"new_leases","month":"2024-11-01","value":6,"recordCount":6},{"metric":"new_leases","month":"2024-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-12-01","value":131.02,"recordCount":1},{"metric":"new_leases","month":"2025-01-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2025-01-01","value":105.77,"recordCount":3},{"metric":"rent_psf","month":"2025-02-01","value":107.69,"recordCount":6},{"metric":"new_leases","month":"2025-02-01","value":6,"recordCount":6},{"metric":"new_leases","month":"2025-03-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2025-03-01","value":115.38,"recordCount":3},{"metric":"rent_psf","month":"2025-04-01","value":129.03,"recordCount":3},{"metric":"new_leases","month":"2025-04-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2025-05-01","value":138.96,"recordCount":1},{"metric":"new_leases","month":"2025-05-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2025-08-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-08-01","value":133.83,"recordCount":2},{"metric":"new_leases","month":"2025-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2025-09-01","value":38.46,"recordCount":1},{"metric":"new_leases","month":"2025-10-01","value":5,"recordCount":5},{"metric":"rent_psf","month":"2025-10-01","value":138.96,"recordCount":5},{"metric":"new_leases","month":"2026-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-01-01","value":146.56,"recordCount":2},{"metric":"new_leases","month":"2026-02-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-02-01","value":132.51,"recordCount":2},{"metric":"new_leases","month":"2026-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-03-01","value":100.96,"recordCount":2},{"metric":"rent_psf","month":"2026-05-01","value":134.61,"recordCount":3},{"metric":"new_leases","month":"2026-05-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2026-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-09-01","value":138.96,"recordCount":1}],"methodology":"Market-level medians at area and asset-class grain, over the same trailing 12 months ending on snapshotDate. Source edition dates are separate provenance. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}