Dubai Market Data

Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.

Public records · Dubai Land Department

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Monthly report

Dubai property market — March 2015

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside March 2015. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales3,575Registered in March 2015down36.3%
Total value10.74BRegistered in March 2015Across 92 communities
Price per sqft1,094/sqftMedian across March 2015up6.1%
Sale price1.60MMedian across March 201527% sold off-plan

In a sentence

The Land Department registered 3,575 property sales in March 2015, worth AED 10.74B in total, across 92 communities. That is 36% fewer than the same month a year earlier.

The median sale was AED 1,595,050 at AED 1,094/sqft, 6.1% above the same month last year. 27% of sales were off-plan.

Business Bay was the busiest community with 322 registered sales, and also took the most money at AED 1.09B.

Against the previous month, Al Thanyah Third rose 290% to 238 sales, while Al Barshaa South Third fell 68% to 56.

Sales by month

Price per square foot by month

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in March 2015, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay322-23.9%1.09B1.24M1,629/sqft15%
Burj Khalifa257+87.6%1.01B2.93M2,194/sqft63%
Al Thanyah Third238+290.2%461.10M1.76M1,154/sqft6%
Al Khairan First236+55.3%556.26M2.13M1,491/sqft100%
Marsa Dubai216-26.5%500.41M1.75M1,587/sqft14%
Al Thanyah Fifth213+13.3%366.13M1.20M1,084/sqft1%
Al Barsha South Fourth200+8.7%321.21M847K909/sqft27%
Al Warsan First156-34.7%111.21M430K685/sqft15%
Al Hebiah Third149-9.1%281.34M1.16M1,342/sqft56%
Al Yufrah 2140-14.1%481.28M1.81M895/sqft0%
Al Hebiah Fourth123+7.0%144.13M692K967/sqft50%
Wadi Al Safa 2120+16.5%92.53M573K686/sqft4%
Jabal Ali First104-17.5%257.97M1.47M747/sqft5%
Nadd Hessa84+5.0%155.94M648K831/sqft2%
Madinat Dubai Almelaheyah71+3450.0%143.93M1.91M1,862/sqft100%

Where the money went

Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.

CommunityValueSales
Business Bay1.09B322
Burj Khalifa1.01B257
Palm Jumeirah696.66M67
Al Khairan First556.26M236
Marsa Dubai500.41M216
Al Yufrah 2481.28M140
Al Thanyah Third461.10M238
Al Merkadh397.56M30
Al Thanyah Fifth366.13M213
Al Barsha South Fourth321.21M200

Biggest movers

Change in registered sales against the previous month. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Al Thanyah Third238+290.2%
Burj Khalifa257+87.6%
Al Barshaa South Third56-68.2%
Al Khairan First236+55.3%
Palm Jumeirah67-39.1%
Al Warsan First156-34.7%
Marsa Dubai216-26.5%
Business Bay322-23.9%
Me'Aisem First61-22.8%
Jabal Ali First104-17.5%

The largest sales of March 2015

Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.

Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
9 Mar 2015Business Bay—Business BayBuildingResidential · Existing PropertiesNot specified50,587 sqftAED 10,169/sqftAED 514,423,077
19 Mar 2015Palm JumeirahSERENIA RESIDENCES THE PALMPalm JumeirahBuildingCommercial · Existing PropertiesNot specified227,207 sqftAED 1,403/sqftAED 318,775,000
5 Mar 2015Al Yufrah 2—DAMAC HILLS 2LandResidential · Existing PropertiesNot specified5,584,677 sqftAED 34/sqftAED 188,483,992
2 Mar 2015Al Thanyah First—TECOM Site CBuildingOther · Existing PropertiesNot specified73,267 sqftAED 2,525/sqftAED 185,000,000
4 Mar 2015Mirdif—BuildingCommercial · Existing PropertiesNot specified82,778 sqftAED 1,691/sqftAED 140,000,000
10 Mar 2015AL QUSAIS—BuildingResidential · Existing PropertiesNot specified24,298 sqftAED 4,321/sqftAED 105,000,000
17 Mar 2015Business Bay—Business BayLandResidential · Existing PropertiesNot specified60,326 sqftAED 1,560/sqftAED 94,108,744
3 Mar 2015Al Jadaf—Sama Al JadafLandCommercial · Existing PropertiesNot specified101,582 sqftAED 900/sqftAED 91,423,800
5 Mar 2015Nadd Hessa—Silicon OasisBuildingOther · Existing PropertiesNot specified42,811 sqftAED 2,102/sqftAED 90,000,000
16 Mar 2015Al Barsha First—BuildingCommercial · Existing PropertiesNot specified12,005 sqftAED 5,748/sqftAED 69,000,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication. Refresh times vary by dataset; records shown here are not a live feed.