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Monthly report

Dubai property market — June 2019

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside June 2019. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales2,043Registered in June 2019down8.8% vs a year earlier
Total valueAED 3.97BRegistered in June 2019Across 66 communities
Price per sqftAED 1,076/sqftMedian across June 2019up8.3% vs a year earlier
Sale priceAED 1.23MMedian across June 201959% sold off-plan

In a sentence

The Land Department registered 2,043 property sales in June 2019, worth AED 3.97B in total, across 66 communities. That is 9% fewer than the same month a year earlier.

The median sale was AED 1,230,000 at AED 1,076/sqft, 8.3% above the same month last year. 59% of sales were off-plan.

Burj Khalifa was the busiest community with 220 registered sales, and also took the most money at AED 574.17M.

Against the previous month, Al Khairan First rose 6% to 204 sales, while Al Merkadh fell 73% to 78.

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 June 2019, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Burj Khalifa220-23.1%AED 574.17MAED 1.69MAED 1,949/sqft79%
Al Khairan First204+6.3%AED 335.31MAED 1.44MAED 1,441/sqft99%
Hadaeq Sheikh Mohammed Bin Rashid171+2.4%AED 318.60MAED 1.08MAED 1,410/sqft89%
Marsa Dubai145-41.5%AED 314.17MAED 1.72MAED 1,476/sqft49%
Madinat Al Mataar131-29.6%AED 134.45MAED 1.07MAED 707/sqft96%
Business Bay112-49.3%AED 177.33MAED 1.29MAED 1,687/sqft56%
Al Barsha South Fourth111-42.8%AED 92.19MAED 710KAED 1,001/sqft42%
Al Thanyah Fifth102-18.4%AED 86.13MAED 449KAED 925/sqft57%
Al Merkadh78-73.0%AED 207.03MAED 960KAED 1,418/sqft88%
Al Warsan First65-30.9%AED 103.75MAED 280KAED 490/sqft3%
Jabal Ali First46-34.3%AED 36.29MAED 498KAED 708/sqft15%
Nadd Hessa45-11.8%AED 31.64MAED 440KAED 630/sqft27%
Palm Jumeirah41-34.9%AED 253.92MAED 2.20MAED 1,354/sqft22%
Wadi Al Safa 741-43.8%AED 82.17MAED 1.63MAED 888/sqft73%
Al Hebiah Fourth37-30.2%AED 38.47MAED 550KAED 671/sqft24%

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
Burj KhalifaAED 574.17M220
Al Khairan FirstAED 335.31M204
Hadaeq Sheikh Mohammed Bin RashidAED 318.60M171
Marsa DubaiAED 314.17M145
Palm JumeirahAED 253.92M41
Al MerkadhAED 207.03M78
Business BayAED 177.33M112
Madinat Al MataarAED 134.45M131
Nad Al Shiba FirstAED 121.94M33
Al Warsan FirstAED 103.75M65

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 Merkadh78-73.0%
Business Bay112-49.3%
Al Barsha South Fourth111-42.8%
Marsa Dubai145-41.5%
Al Warsan First65-30.9%
Madinat Al Mataar131-29.6%
Burj Khalifa220-23.1%
Al Thanyah Fifth102-18.4%
Al Khairan First204+6.3%
Hadaeq Sheikh Mohammed Bin Rashid171+2.4%

The largest sales of June 2019

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
24 Jun 2019Burj KhalifaIl PRIMODownTown DubaiFlatOff-Plan Properties6 B/R15,951 sqftAED 3,615/sqftAED 57,659,495
19 Jun 2019Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified13,398 sqftAED 3,545/sqftAED 47,500,000
17 Jun 2019Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified13,756 sqftAED 2,908/sqftAED 40,000,000
13 Jun 2019Al Barshaa South ThirdVincitore Dolce VitaArjanLandExisting PropertiesNot specified112,231 sqftAED 338/sqftAED 37,987,000
13 Jun 2019Wadi Al Safa 3—Al BarariVillaExisting PropertiesNot specified45,957 sqftAED 823/sqftAED 37,800,000
27 Jun 2019Jabal Ali Industrial First—JABAL ALI INDUSTRIAL DEVELOPMENTLandExisting PropertiesNot specified20,251 sqftAED 1,481/sqftAED 30,000,000
27 Jun 2019Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified15,729 sqftAED 1,844/sqftAED 29,000,000
25 Jun 2019Al Thanayah Fourth—Emirates LivingBuildingExisting PropertiesNot specified35,486 sqftAED 787/sqftAED 27,919,708
24 Jun 2019Al MerkadhMOHAMMED BIN RASHID AL MAKTOUM CITY- DISTRICT ONE, PHASE 1VillaExisting PropertiesNot specified19,744 sqftAED 1,342/sqftAED 26,500,000
25 Jun 2019Wadi Al Safa 6—Arabian Ranches - 1LandExisting PropertiesNot specified19,047 sqftAED 1,212/sqftAED 23,080,292

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.