{
    "entity_type": "real_estate_project",
    "name": "Art Bay East",
    "url": "https://continentalclub.ae/project/art-bay-east-healthcare-city-phase-2/",
    "language": "en",
    "developer": {
        "name": "Ellington Properties",
        "url": "https://continentalclub.ae/developers/ellington-properties/",
        "registry_name": "Ellington Dutco Real Estate"
    },
    "location": {
        "community": "Healthcare City Phase 2",
        "url": "https://continentalclub.ae/location/healthcare-city-phase-2/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2994",
        "status": "",
        "completion_percent": 10.42,
        "inspection_date": "2026-05-12",
        "escrow_bank": "Commercial Bank of Dubai",
        "units_in_registry": 103,
        "inspections": [
            {
                "date": "2024-05-06",
                "completion_percent": 0
            },
            {
                "date": "2025-05-02",
                "completion_percent": 3.58
            },
            {
                "date": "2025-11-27",
                "completion_percent": 7.03
            },
            {
                "date": "2025-11-27",
                "completion_percent": 7.03
            },
            {
                "date": "2026-05-12",
                "completion_percent": 10.42
            }
        ],
        "pace": {
            "percent_per_month": 0.62,
            "basis_from": "2025-11-27",
            "basis_to": "2026-05-12",
            "projected_completion": "2038-05-15",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 1525000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 103,
        "handover": "",
        "handover_from": "",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "70/30",
        "down_payment_pct": 20,
        "service_charge_aed_sqft": null
    },
    "unit_types": {
        "origin": "registry",
        "rows": [
            {
                "type": "Studio",
                "bedrooms": 0,
                "units": 8,
                "size_sqft_min": 432,
                "size_sqft_max": 432,
                "price_from_aed": null
            },
            {
                "type": "1 B/R",
                "bedrooms": 1,
                "units": 50,
                "size_sqft_min": 862,
                "size_sqft_max": 959,
                "price_from_aed": null
            },
            {
                "type": "2 B/R",
                "bedrooms": 2,
                "units": 32,
                "size_sqft_min": 1210,
                "size_sqft_max": 1694,
                "price_from_aed": null
            },
            {
                "type": "3 B/R",
                "bedrooms": 3,
                "units": 9,
                "size_sqft_min": 2136,
                "size_sqft_max": 2146,
                "price_from_aed": null
            }
        ]
    },
    "dld_sales": {
        "deals": 103,
        "first_year": 2024,
        "last_year": 2026,
        "median_aed_sqm": 20806,
        "resale_share_pct": 0,
        "yoy_change_pct": null,
        "deals_last_12m": null,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "Studio",
                "deals": 8,
                "median_price_aed": 910828,
                "median_size_sqm": 40,
                "aed_per_sqm": 22771
            },
            {
                "type": "1 bedroom",
                "deals": 50,
                "median_price_aed": 1734828,
                "median_size_sqm": 83,
                "aed_per_sqm": 20902
            },
            {
                "type": "2 bedrooms",
                "deals": 32,
                "median_price_aed": 2698828,
                "median_size_sqm": 135,
                "aed_per_sqm": 19991
            },
            {
                "type": "3 bedrooms",
                "deals": 9,
                "median_price_aed": 3909828,
                "median_size_sqm": 199,
                "aed_per_sqm": 19647
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-23",
        "sales": {
            "records": 103,
            "first_date": "2024-06-27",
            "last_date": "2026-03-11",
            "last_12m": {
                "n": 2,
                "median_price_aed": null,
                "median_aed_sqm": null,
                "median_aed_sqft": null,
                "resale_share_pct": null
            },
            "previous_12m": {
                "n": 26,
                "median_price_aed": 1849828,
                "median_aed_sqm": 20673,
                "median_aed_sqft": 1921,
                "resale_share_pct": 0
            },
            "change_aed_sqm_last_12m_vs_previous_pct": null,
            "by_year": [
                {"period":"2024","n":82,"median_price_aed":1887828,"median_aed_sqm":20807,"median_aed_sqft":1933,"resale_share_pct":0},
                {"period":"2025","n":20,"median_price_aed":1849828,"median_aed_sqm":20759,"median_aed_sqft":1929,"resale_share_pct":0},
                {"period":"2026","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "by_quarter": [
                {"period":"2024-Q2","n":5,"median_price_aed":1603828,"median_aed_sqm":19984,"median_aed_sqft":1857,"resale_share_pct":0},
                {"period":"2024-Q3","n":64,"median_price_aed":1902828,"median_aed_sqm":20844,"median_aed_sqft":1936,"resale_share_pct":0},
                {"period":"2024-Q4","n":13,"median_price_aed":1854828,"median_aed_sqm":21095,"median_aed_sqft":1960,"resale_share_pct":0},
                {"period":"2025-Q1","n":6,"median_price_aed":2220828,"median_aed_sqm":22328,"median_aed_sqft":2074,"resale_share_pct":0},
                {"period":"2025-Q2","n":10,"median_price_aed":1571828,"median_aed_sqm":19027,"median_aed_sqft":1768,"resale_share_pct":0},
                {"period":"2025-Q3","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q4","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-03-11","type":"1 B/R","bedrooms":1,"area_sqm":82.9,"price_aed":2000828,"aed_per_sqm":24138,"market":"primary"},
            {"date":"2025-10-23","type":"2 B/R","bedrooms":2,"area_sqm":134.8,"price_aed":2983828,"aed_per_sqm":22139,"market":"primary"},
            {"date":"2025-10-22","type":"1 B/R","bedrooms":1,"area_sqm":82.9,"price_aed":1849828,"aed_per_sqm":22317,"market":"primary"},
            {"date":"2025-09-29","type":"3 B/R","bedrooms":3,"area_sqm":199.3,"price_aed":4023828,"aed_per_sqm":20186,"market":"primary"},
            {"date":"2025-09-16","type":"2 B/R","bedrooms":2,"area_sqm":112.4,"price_aed":2358828,"aed_per_sqm":20986,"market":"primary"},
            {"date":"2025-05-26","type":"Studio","bedrooms":0,"area_sqm":40.1,"price_aed":935828,"aed_per_sqm":23326,"market":"primary"},
            {"date":"2025-05-08","type":"1 B/R","bedrooms":1,"area_sqm":82.6,"price_aed":1571828,"aed_per_sqm":19025,"market":"primary"},
            {"date":"2025-05-08","type":"Studio","bedrooms":0,"area_sqm":40.1,"price_aed":824828,"aed_per_sqm":20559,"market":"primary"},
            {"date":"2025-05-08","type":"1 B/R","bedrooms":1,"area_sqm":89.1,"price_aed":1696828,"aed_per_sqm":19036,"market":"primary"},
            {"date":"2025-05-07","type":"2 B/R","bedrooms":2,"area_sqm":133.2,"price_aed":2533828,"aed_per_sqm":19023,"market":"primary"},
            {"date":"2025-05-06","type":"1 B/R","bedrooms":1,"area_sqm":82.6,"price_aed":1570828,"aed_per_sqm":19027,"market":"primary"},
            {"date":"2025-05-06","type":"1 B/R","bedrooms":1,"area_sqm":80.9,"price_aed":1534828,"aed_per_sqm":18977,"market":"primary"},
            {"date":"2025-05-06","type":"2 B/R","bedrooms":2,"area_sqm":157.3,"price_aed":2681828,"aed_per_sqm":17045,"market":"primary"},
            {"date":"2025-05-06","type":"1 B/R","bedrooms":1,"area_sqm":80.1,"price_aed":1525828,"aed_per_sqm":19059,"market":"primary"},
            {"date":"2025-05-06","type":"2 B/R","bedrooms":2,"area_sqm":134.8,"price_aed":2526828,"aed_per_sqm":18748,"market":"primary"},
            {"date":"2025-03-24","type":"1 B/R","bedrooms":1,"area_sqm":82.6,"price_aed":1713828,"aed_per_sqm":20759,"market":"primary"},
            {"date":"2025-03-17","type":"3 B/R","bedrooms":3,"area_sqm":199.3,"price_aed":4450828,"aed_per_sqm":22328,"market":"primary"},
            {"date":"2025-02-28","type":"1 B/R","bedrooms":1,"area_sqm":82.9,"price_aed":1835828,"aed_per_sqm":22148,"market":"primary"},
            {"date":"2025-02-06","type":"","bedrooms":null,"area_sqm":76.2,"price_aed":2279828,"aed_per_sqm":29919,"market":"primary"},
            {"date":"2025-01-27","type":"","bedrooms":null,"area_sqm":79.9,"price_aed":2220828,"aed_per_sqm":27795,"market":"primary"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/art-bay-east-healthcare-city-phase-2.md",
    "updated_at": "2026-10-17",
    "translations": {
        "en": "https://continentalclub.ae/project/art-bay-east-healthcare-city-phase-2/",
        "ru": "https://continentalclub.ae/ru/project/art-bay-east-healthcare-city-phase-2-ru/"
    }
}