Quarterly report
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 2018. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
The Land Department registered 8,682 property sales in Q1 2018, worth AED 19.17B in total, across 124 communities. That is 36% fewer than the same quarter a year earlier.
The median sale was AED 1,061,211 at AED 1,115/sqft, 15.4% above the same quarter last year. 47% of sales were off-plan.
Business Bay was the busiest community with 837 registered sales, and also took the most money at AED 1.76B.
Against the previous quarter, Al Merkadh rose 85% to 597 sales, while Jabal Ali Industrial Second fell 69% to 62.
The fifteen communities with the most registered sales in Q1 2018, and how each moved against the quarter before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Business Bay | 837 | -1.3% | AED 1.76B | AED 1.05M | AED 1,542/sqft | 74% |
| Marsa Dubai | 702 | +0.7% | AED 1.31B | AED 1.60M | AED 1,574/sqft | 36% |
| Al Barsha South Fourth | 612 | -7.4% | AED 1.09B | AED 750K | AED 979/sqft | 74% |
| Al Merkadh | 597 | +84.8% | AED 663.61M | AED 574K | AED 1,465/sqft | 97% |
| Al Warsan First | 431 | -22.9% | AED 459.45M | AED 425K | AED 674/sqft | 0% |
| Al Hebiah Fourth | 412 | +13.5% | AED 453.32M | AED 728K | AED 986/sqft | 8% |
| Jabal Ali First | 378 | -34.6% | AED 328.09M | AED 560K | AED 1,283/sqft | 59% |
| Al Thanyah Fifth | 363 | -11.7% | AED 527.04M | AED 975K | AED 853/sqft | 4% |
| Nadd Hessa | 264 | +17.3% | AED 208.34M | AED 534K | AED 776/sqft | 17% |
| Palm Jumeirah | 257 | -5.5% | AED 706.19M | AED 1.82M | AED 1,660/sqft | 37% |
| Al Yelayiss 2 | 251 | -13.1% | AED 254.97M | AED 825K | AED 996/sqft | 80% |
| Burj Khalifa | 249 | -27.6% | AED 838.11M | AED 2.21M | AED 1,941/sqft | 41% |
| Al Kifaf | 217 | — | AED 476.31M | AED 1.92M | AED 1,252/sqft | 100% |
| Al Khairan First | 213 | -31.9% | AED 436.51M | AED 1.82M | AED 1,859/sqft | 100% |
| Madinat Al Mataar | 212 | -56.6% | AED 361.49M | AED 522K | AED 910/sqft | 96% |
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| Business Bay | AED 1.76B | 837 |
| Marsa Dubai | AED 1.31B | 702 |
| Al Barsha South Fourth | AED 1.09B | 612 |
| Burj Khalifa | AED 838.11M | 249 |
| Palm Jumeirah | AED 706.19M | 257 |
| Al Merkadh | AED 663.61M | 597 |
| Hadaeq Sheikh Mohammed Bin Rashid | AED 606.32M | 200 |
| Al Thanyah Fifth | AED 527.04M | 363 |
| Al Kifaf | AED 476.31M | 217 |
| Al Thanayah Fourth | AED 469.00M | 110 |
Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.
| Community | Sales | Change |
|---|---|---|
| Al Merkadh | 597 | +84.8% |
| Jabal Ali Industrial Second | 62 | -68.7% |
| Al Yufrah 2 | 78 | -66.1% |
| Al Hebiah Third | 116 | -65.6% |
| Wadi Al Safa 7 | 65 | -64.9% |
| Wadi Al Safa 2 | 111 | -59.8% |
| Madinat Al Mataar | 212 | -56.6% |
| Hadaeq Sheikh Mohammed Bin Rashid | 200 | -52.3% |
| Nad Al Shiba First | 88 | +51.7% |
| Al Barshaa South Third | 75 | -49.3% |
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 |
|---|---|---|---|---|---|---|---|
| 19 Feb 2018 | Business Bay | Avarra by PalaceBusiness Bay | LandExisting Properties | Not specified | 56,937 sqft | AED 7,904/sqft | AED 450,000,000 |
| 3 Jan 2018 | Ras Al Khor Industrial First | — | LandExisting Properties | Not specified | 50,029 sqft | AED 6,364/sqft | AED 318,375,000 |
| 29 Mar 2018 | Al Rowaiyah First | —Dubai International Academic City | LandExisting Properties | Not specified | 313,351 sqft | AED 784/sqft | AED 245,589,013 |
| 26 Feb 2018 | Al Safouh Second | CAVALLI CASA TOWERSite A | LandExisting Properties | Not specified | 163,767 sqft | AED 1,099/sqft | AED 180,000,000 |
| 8 Feb 2018 | Business Bay | —Business Bay | LandExisting Properties | Not specified | 64,586 sqft | AED 2,168/sqft | AED 140,000,000 |
| 22 Feb 2018 | Al Barsha South Fourth | Elitz 2 By DanubeJumeirah Village Circle | LandExisting Properties | Not specified | 66,504 sqft | AED 1,804/sqft | AED 120,000,000 |
| 5 Mar 2018 | Madinat Al Mataar | —Dubai South Residential District | LandExisting Properties | Not specified | 551,951 sqft | AED 213/sqft | AED 117,289,750 |
| 20 Feb 2018 | Business Bay | Regent Residences Dubai Sankari PlaceBusiness Bay | LandExisting Properties | Not specified | 82,288 sqft | AED 1,362/sqft | AED 112,100,000 |
| 7 Feb 2018 | Dubai Investment Park First | —Dubai Investment Park First | BuildingExisting Properties | Not specified | 293,706 sqft | AED 340/sqft | AED 100,000,000 |
| 6 Mar 2018 | Al Barsha South Fourth | —Jumeirah Village Circle | BuildingExisting Properties | Not specified | 19,980 sqft | AED 5,005/sqft | AED 100,000,000 |
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.