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Monthly report

Dubai property market — August 2019

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

Sales2,181Registered in August 2019up39.5% vs a year earlier
Total valueAED 4.10BRegistered in August 2019Across 81 communities
Price per sqftAED 862/sqftMedian across August 2019down7.8% vs a year earlier
Sale priceAED 1.29MMedian across August 201949% sold off-plan

In a sentence

The Land Department registered 2,181 property sales in August 2019, worth AED 4.10B in total, across 81 communities. That is 39% more than the same month a year earlier.

The median sale was AED 1,285,728 at AED 862/sqft, 7.8% below the same month last year. 49% of sales were off-plan.

Marsa Dubai was the busiest community with 307 registered sales, and also took the most money at AED 617.41M.

Against the previous month, Al Hebiah Fourth rose 2% to 61 sales, while Al Khairan First fell 70% to 80.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai307-19.8%AED 617.41MAED 1.55MAED 1,169/sqft35%
Burj Khalifa142-45.0%AED 377.75MAED 1.66MAED 1,987/sqft71%
Jabal Ali First136-17.1%AED 211.58MAED 1.70MAED 666/sqft5%
Hadaeq Sheikh Mohammed Bin Rashid124-65.9%AED 280.22MAED 1.22MAED 1,351/sqft82%
Business Bay118-14.5%AED 153.43MAED 1.13MAED 1,019/sqft48%
Wadi Al Safa 5118-64.9%AED 181.65MAED 1.36MAED 738/sqft87%
Wadi Al Safa 2100+244.8%AED 40.62MAED 295KAED 400/sqft89%
Al Barsha South Fourth99-44.1%AED 82.53MAED 522KAED 871/sqft41%
Al Khairan First80-69.9%AED 143.36MAED 1.42MAED 1,490/sqft94%
Al Thanyah Fifth80-37.0%AED 120.19MAED 675KAED 811/sqft13%
Al Warsan First77-45.4%AED 47.93MAED 300KAED 465/sqft0%
Madinat Al Mataar74-69.3%AED 66.51MAED 887KAED 704/sqft91%
Al Hebiah Fourth61+1.7%AED 37.56MAED 475KAED 691/sqft44%
Palm Jumeirah54-30.8%AED 221.39MAED 2.08MAED 1,339/sqft30%
Wadi Al Safa 751-1.9%AED 110.11MAED 1.78MAED 706/sqft82%

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 617.41M307
Burj KhalifaAED 377.75M142
Hadaeq Sheikh Mohammed Bin RashidAED 280.22M124
Palm JumeirahAED 221.39M54
Jabal Ali FirstAED 211.58M136
Wadi Al Safa 5AED 181.65M118
Business BayAED 153.43M118
Al Khairan FirstAED 143.36M80
Al Qusais Industrial SecondAED 131.25M1
Al Thanyah FifthAED 120.19M80

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.

The largest sales of August 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
27 Aug 2019Al Qusais Industrial SecondBuildingExisting PropertiesNot specified56,600 sqftAED 2,319/sqftAED 131,255,000
8 Aug 2019Al Barsha FirstBuildingExisting PropertiesNot specified39,300 sqftAED 2,290/sqftAED 90,000,000
5 Aug 2019Jumeirah FirstLA MERLandExisting PropertiesNot specified75,581 sqftAED 741/sqftAED 56,000,000
19 Aug 2019Hor Al Anz EastBuildingExisting PropertiesNot specified31,500 sqftAED 1,429/sqftAED 45,005,000
22 Aug 2019Al Nahda SecondLandExisting PropertiesNot specified56,223 sqftAED 800/sqftAED 44,978,424
29 Aug 2019Madinat Dubai AlmelaheyahThe PierDubai Maritime CityLandExisting PropertiesNot specified30,011 sqftAED 1,411/sqftAED 42,351,700
27 Aug 2019Hor Al Anz EastBuildingExisting PropertiesNot specified25,485 sqftAED 1,619/sqftAED 41,250,000
7 Aug 2019Al Thanyah FifthDMCC Master CommunityBuildingExisting PropertiesNot specified61,347 sqftAED 611/sqftAED 37,500,000
29 Aug 2019Nad Al Shiba FirstMeydan Racecourse CommunityLandExisting PropertiesNot specified47,417 sqftAED 633/sqftAED 30,000,000
6 Aug 2019Burj KhalifaTHE ADDRESS RESIDENCE - SKY VIEWDownTown DubaiHotel ApartmentOff-Plan Properties5 B/R8,358 sqftAED 3,488/sqftAED 29,154,888

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.