Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
Public records · Dubai Land Department
Monthly report
Dubai property market — March 2016
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside March 2016. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
In a sentence
The Land Department registered 2,902 property sales in March 2016, worth AED 8.30B in total, across 103 communities. That is 19% fewer than the same month a year earlier.
The median sale was AED 1,250,940 at AED 889/sqft, 18.7% below the same month last year. 31% of sales were off-plan.
Saih Shuaib 1 was the busiest community with 254 registered sales, while World Islands took the most money at AED 841.79M.
Against the previous month, Al Hebiah Fourth rose 19% to 217 sales, while Me'Aisem First fell 72% to 92.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in March 2016, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Saih Shuaib 1 | 254 | -36.7% | 403.27M | 1.34M | 125/sqft | 0% |
| Al Hebiah Fourth | 217 | +19.2% | 176.00M | 700K | 970/sqft | 46% |
| Marsa Dubai | 213 | -15.1% | 564.44M | 1.63M | 1,443/sqft | 32% |
| Al Thanyah Fifth | 187 | -2.6% | 287.39M | 1.00M | 929/sqft | 20% |
| Business Bay | 186 | -47.5% | 350.01M | 1.00M | 1,113/sqft | 41% |
| Al Warsan First | 171 | -8.6% | 84.83M | 428K | 690/sqft | 2% |
| Al Barsha South Fourth | 164 | -28.7% | 312.22M | 825K | 838/sqft | 40% |
| Burj Khalifa | 147 | -46.4% | 402.34M | 2.17M | 1,966/sqft | 55% |
| Nadd Hessa | 134 | -70.5% | 98.41M | 636K | 846/sqft | 47% |
| Jabal Ali First | 92 | +3.4% | 177.50M | 1.19M | 849/sqft | 27% |
| Me'Aisem First | 92 | -71.9% | 150.20M | 674K | 907/sqft | 16% |
| Palm Jumeirah | 77 | -35.3% | 298.38M | 2.70M | 1,655/sqft | 35% |
| Wadi Al Safa 2 | 70 | +7.7% | 67.41M | 614K | 710/sqft | 19% |
| Hadaeq Sheikh Mohammed Bin Rashid | 67 | -44.6% | 284.99M | 2.70M | 1,017/sqft | 96% |
| Al Thanyah Third | 63 | -11.3% | 118.77M | 1.45M | 1,353/sqft | 10% |
Where the money went
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| World Islands | 841.79M | 6 |
| Marsa Dubai | 564.44M | 213 |
| Wadi Al Safa 3 | 493.16M | 43 |
| Saih Shuaib 1 | 403.27M | 254 |
| Burj Khalifa | 402.34M | 147 |
| Business Bay | 350.01M | 186 |
| Al Barsha South Fourth | 312.22M | 164 |
| Palm Jumeirah | 298.38M | 77 |
| Al Thanyah Fifth | 287.39M | 187 |
| Hadaeq Sheikh Mohammed Bin Rashid | 284.99M | 67 |
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.
| Community | Sales | Change |
|---|---|---|
| Me'Aisem First | 92 | -71.9% |
| Nadd Hessa | 134 | -70.5% |
| Business Bay | 186 | -47.5% |
| Burj Khalifa | 147 | -46.4% |
| Hadaeq Sheikh Mohammed Bin Rashid | 67 | -44.6% |
| Saih Shuaib 1 | 254 | -36.7% |
| Palm Jumeirah | 77 | -35.3% |
| Al Barsha South Fourth | 164 | -28.7% |
| Al Hebiah Fourth | 217 | +19.2% |
| Marsa Dubai | 213 | -15.1% |
The largest sales of March 2016
Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.
| Date | Community | Project / building | Type | Beds | Size | Price/sqft | Price |
|---|---|---|---|---|---|---|---|
| 24 Mar 2016 | World Islands | THE HEART OF EUROPE 2The World | BuildingCommercial · Existing Properties | Not specified | 2,291,419 sqft | AED 170/sqft | AED 390,064,800 |
| 24 Mar 2016 | World Islands | —The World | LandCommercial · Existing Properties | Not specified | 792,991 sqft | AED 161/sqft | AED 127,617,000 |
| 21 Mar 2016 | Al Nahda Second | — | BuildingCommercial · Existing Properties | Not specified | 30,000 sqft | AED 4,000/sqft | AED 120,000,000 |
| 24 Mar 2016 | World Islands | —The World | LandCommercial · Existing Properties | Not specified | 962,334 sqft | AED 117/sqft | AED 112,318,117 |
| 7 Mar 2016 | Wadi Al Safa 3 | —Living Legends | LandResidential · Existing Properties | Not specified | 4,641,944 sqft | AED 24/sqft | AED 109,477,983 |
| 28 Mar 2016 | Hadaeq Sheikh Mohammed Bin Rashid | ACACIA AT PARK HEIGHTSDubai Hills Estate | LandResidential · Existing Properties | Not specified | 140,597 sqft | AED 747/sqft | AED 105,000,000 |
| 24 Mar 2016 | World Islands | —The World | LandCommercial · Existing Properties | Not specified | 956,409 sqft | AED 103/sqft | AED 98,625,455 |
| 10 Mar 2016 | Al Merkadh | MOHAMMED BIN RASHID AL MAKTOUM CITY-DISTRICT ONE PHASE II VILLAS | Villaأخرى · Existing Properties | Not specified | 47,103 sqft | AED 2,030/sqft | AED 95,613,985 |
| 14 Mar 2016 | Madinat Al Mataar | —Dubai World Central | LandIndustrial · Existing Properties | Not specified | 150,572 sqft | AED 613/sqft | AED 92,324,628 |
| 24 Mar 2016 | Marsa Dubai | —Dubai Marina | BuildingResidential · Existing Properties | Not specified | 67,894 sqft | AED 1,200/sqft | AED 81,472,800 |
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.