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Monthly report

Dubai property market — April 2018

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2018. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales2,818Registered in April 2018down36.6% vs a year earlier
Total valueAED 6.86BRegistered in April 2018Across 96 communities
Price per sqftAED 1,085/sqftMedian across April 2018up8.5% vs a year earlier
Sale priceAED 1.25MMedian across April 201844% sold off-plan

In a sentence

The Land Department registered 2,818 property sales in April 2018, worth AED 6.86B in total, across 96 communities. That is 37% fewer than the same month a year earlier.

The median sale was AED 1,252,796 at AED 1,085/sqft, 8.5% above the same month last year. 44% of sales were off-plan.

Business Bay was the busiest community with 278 registered sales, while Marsa Dubai took the most money at AED 509.14M.

Against the previous month, Al Warsan First rose 38% to 152 sales, while Nadd Hessa fell 44% to 65.

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 April 2018, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay278+26.4%AED 306.64MAED 953KAED 1,503/sqft67%
Marsa Dubai227+5.1%AED 509.14MAED 1.71MAED 1,555/sqft40%
Al Merkadh172-1.7%AED 155.38MAED 592KAED 1,487/sqft99%
Al Warsan First152+38.2%AED 174.52MAED 1.64MAED 987/sqft0%
Al Barsha South Fourth150-19.4%AED 240.03MAED 818KAED 983/sqft59%
Al Hebiah Fourth137-8.1%AED 137.30MAED 685KAED 901/sqft12%
Burj Khalifa113+17.7%AED 255.39MAED 1.95MAED 1,669/sqft33%
Al Thanyah Fifth112-11.1%AED 201.82MAED 1.08MAED 827/sqft4%
Hadaeq Sheikh Mohammed Bin Rashid97+26.0%AED 285.86MAED 2.64MAED 985/sqft60%
Madinat Al Mataar88+11.4%AED 63.91MAED 529KAED 893/sqft97%
Al Khairan First87+148.6%AED 147.04MAED 1.48MAED 1,465/sqft100%
Palm Jumeirah83-11.7%AED 270.77MAED 2.07MAED 1,754/sqft35%
Jabal Ali First81-29.6%AED 83.47MAED 625KAED 940/sqft32%
Al Hebiah Third65+132.1%AED 125.56MAED 612KAED 1,209/sqft58%
Nadd Hessa65-44.0%AED 42.17MAED 545KAED 840/sqft28%

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
Marsa DubaiAED 509.14M227
Business BayAED 306.64M278
Hadaeq Sheikh Mohammed Bin RashidAED 285.86M97
Wadi Al Safa 3AED 285.29M41
Muhaisanah FirstAED 276.23M1
Palm JumeirahAED 270.77M83
Burj KhalifaAED 255.39M113
Al Barsha South FourthAED 240.03M150
Wadi Al Safa 5AED 234.39M26
Al Thanyah FifthAED 201.82M112

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
Nadd Hessa65-44.0%
Al Warsan First152+38.2%
Jabal Ali First81-29.6%
Business Bay278+26.4%
Hadaeq Sheikh Mohammed Bin Rashid97+26.0%
Al Kifaf57-24.0%
Al Barsha South Fourth150-19.4%
Burj Khalifa113+17.7%
Me'Aisem First58+16.0%
Palm Jumeirah83-11.7%

The largest sales of April 2018

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
2 Apr 2018Muhaisanah First—LandExisting PropertiesNot specified625,446 sqftAED 442/sqftAED 276,226,203
25 Apr 2018Al Barsha First—BuildingExisting PropertiesNot specified34,675 sqftAED 4,441/sqftAED 154,000,000
16 Apr 2018Al Safouh Second—Site ABuildingExisting PropertiesNot specified26,981 sqftAED 4,818/sqftAED 130,000,000
19 Apr 2018Jumeirah First—Pearl JumeiraLandExisting PropertiesNot specified178,619 sqftAED 588/sqftAED 105,027,384
19 Apr 2018Wadi Al Safa 3Samana Barari AvenueMajanLandExisting PropertiesNot specified58,869 sqftAED 1,646/sqftAED 96,876,400
12 Apr 2018Mankhool—BuildingExisting PropertiesNot specified17,881 sqftAED 5,089/sqftAED 91,000,000
23 Apr 2018Madinat Dubai Almelaheyah—Dubai Maritime CityLandExisting PropertiesNot specified30,011 sqftAED 2,983/sqftAED 89,529,252
24 Apr 2018Wadi Al Safa 5—The VillaBuildingExisting PropertiesNot specified292,628 sqftAED 288/sqftAED 84,130,550
17 Apr 2018Al Khawaneej First—LandExisting PropertiesNot specified638,195 sqftAED 100/sqftAED 63,819,569
19 Apr 2018Wadi Al Safa 3Jade TowerMajanLandExisting PropertiesNot specified58,233 sqftAED 1,085/sqftAED 63,182,960

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.