← All reports

Monthly report

Dubai property market — July 2019

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

Sales3,842Registered in July 2019up36.2% vs a year earlier
Total valueAED 7.86BRegistered in July 2019Across 86 communities
Price per sqftAED 971/sqftMedian across July 2019down4.8% vs a year earlier
Sale priceAED 1.29MMedian across July 201959% sold off-plan

In a sentence

The Land Department registered 3,842 property sales in July 2019, worth AED 7.86B in total, across 86 communities. That is 36% more than the same month a year earlier.

The median sale was AED 1,293,888 at AED 971/sqft, 4.8% below the same month last year. 59% of sales were off-plan.

Marsa Dubai was the busiest community with 383 registered sales, and also took the most money at AED 892.54M.

Against the previous month, Marsa Dubai rose 164% to 383 sales.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai383+164.1%AED 892.54MAED 1.77MAED 1,694/sqft44%
Hadaeq Sheikh Mohammed Bin Rashid364+112.9%AED 545.49MAED 995KAED 1,352/sqft94%
Wadi Al Safa 5336+833.3%AED 497.14MAED 1.34MAED 756/sqft93%
Al Khairan First266+30.4%AED 461.43MAED 1.45MAED 1,503/sqft98%
Burj Khalifa258+17.3%AED 720.71MAED 1.72MAED 2,027/sqft75%
Madinat Al Mataar241+84.0%AED 250.83MAED 1.07MAED 706/sqft97%
Al Barsha South Fourth177+59.5%AED 245.90MAED 737KAED 971/sqft45%
Jabal Ali First164+256.5%AED 227.32MAED 1.68MAED 674/sqft12%
Al Warsan First141+116.9%AED 159.20MAED 320KAED 471/sqft3%
Business Bay138+23.2%AED 404.64MAED 1.12MAED 1,181/sqft51%
Al Thanyah Fifth127+24.5%AED 139.55MAED 690KAED 846/sqft27%
Al Merkadh123+57.7%AED 207.45MAED 749KAED 1,457/sqft87%
Palm Jumeirah78+90.2%AED 389.75MAED 2.39MAED 1,292/sqft19%
Me'Aisem First77+266.7%AED 256.03MAED 745KAED 703/sqft5%
Jumeirah First65+490.9%AED 148.27MAED 1.74MAED 1,756/sqft92%

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 892.54M383
Burj KhalifaAED 720.71M258
Hadaeq Sheikh Mohammed Bin RashidAED 545.49M364
Wadi Al Safa 5AED 497.14M336
Al Khairan FirstAED 461.43M266
Business BayAED 404.64M138
Palm JumeirahAED 389.75M78
Me'Aisem FirstAED 256.03M77
Madinat Al MataarAED 250.83M241
Al Barsha South FourthAED 245.90M177

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
Marsa Dubai383+164.1%
Al Warsan First141+116.9%
Hadaeq Sheikh Mohammed Bin Rashid364+112.9%
Madinat Al Mataar241+84.0%
Al Barsha South Fourth177+59.5%
Al Merkadh123+57.7%
Al Khairan First266+30.4%
Al Thanyah Fifth127+24.5%
Business Bay138+23.2%
Burj Khalifa258+17.3%

The largest sales of July 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
1 Jul 2019Business Bay—Business BayLandExisting PropertiesNot specified59,387 sqftAED 1,896/sqftAED 112,576,000
11 Jul 2019Burj Khalifa—Business BayLandExisting PropertiesNot specified54,031 sqftAED 1,906/sqftAED 103,000,000
22 Jul 2019Business BayBinghatti SkyhallBusiness BayLandExisting PropertiesNot specified61,405 sqftAED 1,515/sqftAED 93,000,000
8 Jul 2019Dubai Investment Park SecondRITAJDubai Investment Park SecondBuildingExisting PropertiesNot specified67,640 sqftAED 909/sqftAED 61,500,000
8 Jul 2019Al Garhoud—BuildingExisting PropertiesNot specified19,750 sqftAED 2,785/sqftAED 55,000,000
4 Jul 2019Al Nahda Second—BuildingExisting PropertiesNot specified17,835 sqftAED 3,028/sqftAED 54,000,000
9 Jul 2019Dubai Investment Park First—Dubai Investment Park FirstBuildingExisting PropertiesNot specified48,676 sqftAED 1,027/sqftAED 50,000,000
24 Jul 2019Saih Shuaib 4—Dubai Industrial CityLandExisting PropertiesNot specified451,110 sqftAED 104/sqftAED 47,095,884
11 Jul 2019Al Bada—LandExisting PropertiesNot specified37,749 sqftAED 1,104/sqftAED 41,658,500
2 Jul 2019Al Barsha South Fourth—Jumeirah Village CircleBuildingExisting PropertiesNot specified24,817 sqftAED 1,642/sqftAED 40,750,000

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.