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Monthly report

Dubai property market — September 2019

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

Sales3,038Registered in September 2019up25.4% vs a year earlier
Total valueAED 5.27BRegistered in September 2019Across 90 communities
Price per sqftAED 922/sqftMedian across September 2019up7.3% vs a year earlier
Sale priceAED 1.08MMedian across September 201959% sold off-plan

In a sentence

The Land Department registered 3,038 property sales in September 2019, worth AED 5.27B in total, across 90 communities. That is 25% more than the same month a year earlier.

The median sale was AED 1,080,000 at AED 922/sqft, 7.3% above the same month last year. 59% of sales were off-plan.

Marsa Dubai was the busiest community with 227 registered sales, and also took the most money at AED 464.72M.

Against the previous month, Madinat Al Mataar rose 150% to 185 sales, while Burj Khalifa fell 29% to 101.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai227-26.1%AED 464.72MAED 1.61MAED 1,176/sqft45%
Wadi Al Safa 2188+88.0%AED 65.60MAED 295KAED 400/sqft92%
Madinat Al Mataar185+150.0%AED 151.96MAED 690KAED 746/sqft96%
Business Bay184+55.9%AED 213.63MAED 963KAED 1,520/sqft64%
Al Merkadh171+418.2%AED 263.62MAED 720KAED 1,468/sqft96%
Wadi Al Safa 5167+41.5%AED 244.09MAED 1.33MAED 746/sqft89%
Al Khairan First132+65.0%AED 213.91MAED 1.37MAED 1,446/sqft96%
Al Barsha South Fourth124+25.3%AED 88.99MAED 508KAED 935/sqft53%
Hadaeq Sheikh Mohammed Bin Rashid123-0.8%AED 407.42MAED 1.50MAED 1,266/sqft71%
Al Warsan First104+35.1%AED 37.19MAED 298KAED 465/sqft1%
Burj Khalifa101-28.9%AED 263.87MAED 2.07MAED 1,702/sqft47%
Al Thanyah Fifth100+25.0%AED 102.87MAED 673KAED 796/sqft28%
Jabal Ali First100-26.5%AED 111.45MAED 737KAED 674/sqft20%
Al Hebiah Fourth95+55.7%AED 55.80MAED 438KAED 729/sqft32%
Al Hebiah Third82+148.5%AED 103.28MAED 823KAED 1,179/sqft66%

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 464.72M227
Hadaeq Sheikh Mohammed Bin RashidAED 407.42M123
Al Thanyah ThirdAED 269.14M41
Burj KhalifaAED 263.87M101
Al MerkadhAED 263.62M171
Palm JumeirahAED 249.65M58
Wadi Al Safa 5AED 244.09M167
Al Khairan FirstAED 213.91M132
Business BayAED 213.63M184
Madinat Al MataarAED 151.96M185

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
Madinat Al Mataar185+150.0%
Wadi Al Safa 2188+88.0%
Al Khairan First132+65.0%
Business Bay184+55.9%
Al Hebiah Fourth95+55.7%
Wadi Al Safa 5167+41.5%
Al Warsan First104+35.1%
Burj Khalifa101-28.9%
Jabal Ali First100-26.5%
Marsa Dubai227-26.1%

The largest sales of September 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
30 Sept 2019Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified59,643 sqftAED 3,315/sqftAED 197,730,769
25 Sept 2019Al MerkadhMOHAMMED BIN RASHID AL MAKTOUM CITY-DISTRICT ONE PHASE II VILLASVillaExisting PropertiesNot specified22,858 sqftAED 3,937/sqftAED 90,000,000
11 Sept 2019Al Goze First—BuildingExisting PropertiesNot specified19,860 sqftAED 2,769/sqftAED 55,000,000
12 Sept 2019Al Nahda Second—BuildingExisting PropertiesNot specified15,000 sqftAED 3,533/sqftAED 53,000,000
25 Sept 2019Al Safouh Second—Site ALandExisting PropertiesNot specified32,019 sqftAED 1,499/sqftAED 48,000,000
9 Sept 2019Ghadeer Al tair—LandExisting PropertiesNot specified147,723 sqftAED 300/sqftAED 44,307,000
26 Sept 2019Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills Grove CommunityDUBAI HILLS - HILLS GROVELandExisting PropertiesNot specified42,242 sqftAED 947/sqftAED 40,000,000
25 Sept 2019Al Karama—BuildingExisting PropertiesNot specified10,000 sqftAED 3,900/sqftAED 39,000,000
23 Sept 2019Hadaeq Sheikh Mohammed Bin Rashid—Dubai Hills EstateLandExisting PropertiesNot specified35,104 sqftAED 1,081/sqftAED 37,942,748
9 Sept 2019Al Satwa—LandExisting PropertiesNot specified39,251 sqftAED 600/sqftAED 23,551,000

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.