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Monthly report

Dubai property market — October 2019

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

Sales4,586Registered in October 2019up40.7% vs a year earlier
Total valueAED 8.70BRegistered in October 2019Across 95 communities
Price per sqftAED 906/sqftMedian across October 2019up0.6% vs a year earlier
Sale priceAED 1.26MMedian across October 201963% sold off-plan

In a sentence

The Land Department registered 4,586 property sales in October 2019, worth AED 8.70B in total, across 95 communities. That is 41% more than the same month a year earlier.

The median sale was AED 1,258,500 at AED 906/sqft, 0.6% above the same month last year. 63% of sales were off-plan.

Wadi Al Safa 5 was the busiest community with 421 registered sales, while Marsa Dubai took the most money at AED 796.93M.

Against the previous month, Wadi Al Safa 5 rose 152% to 421 sales, while Wadi Al Safa 2 fell 39% to 114.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Wadi Al Safa 5421+152.1%AED 628.35MAED 1.36MAED 753/sqft90%
Madinat Al Mataar364+96.8%AED 418.68MAED 1.10MAED 694/sqft98%
Marsa Dubai349+53.7%AED 796.93MAED 1.75MAED 1,638/sqft35%
Business Bay285+54.9%AED 361.16MAED 960KAED 1,564/sqft71%
Al Khairan First283+114.4%AED 562.59MAED 1.37MAED 1,453/sqft96%
Hadaeq Sheikh Mohammed Bin Rashid189+53.7%AED 533.91MAED 1.63MAED 1,356/sqft71%
Al Warsan First181+74.0%AED 77.96MAED 300KAED 465/sqft2%
Burj Khalifa171+69.3%AED 446.15MAED 1.94MAED 1,897/sqft61%
Jabal Ali First168+68.0%AED 174.01MAED 680KAED 898/sqft55%
Al Merkadh157-8.2%AED 176.31MAED 703KAED 1,504/sqft97%
Al Thanyah Fifth147+47.0%AED 406.16MAED 667KAED 821/sqft31%
Al Yelayiss 1124+103.3%AED 220.20MAED 1.72MAED 672/sqft92%
Wadi Al Safa 2114-39.4%AED 49.81MAED 338KAED 400/sqft87%
Jumeirah First113+140.4%AED 244.26MAED 1.90MAED 1,758/sqft96%
Al Barsha South Fourth112-9.7%AED 96.11MAED 581KAED 952/sqft55%

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 796.93M349
Wadi Al Safa 5AED 628.35M421
Al Khairan FirstAED 562.59M283
Hadaeq Sheikh Mohammed Bin RashidAED 533.91M189
Burj KhalifaAED 446.15M171
Madinat Al MataarAED 418.68M364
Al Thanyah FifthAED 406.16M147
Business BayAED 361.16M285
Palm JumeirahAED 306.84M84
Jumeirah FirstAED 244.26M113

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
Wadi Al Safa 5421+152.1%
Al Khairan First283+114.4%
Wadi Al Safa 7112+103.6%
Al Yelayiss 1124+103.3%
Madinat Al Mataar364+96.8%
Al Warsan First181+74.0%
Burj Khalifa171+69.3%
Jabal Ali First168+68.0%
Business Bay285+54.9%
Marsa Dubai349+53.7%

The largest sales of October 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
14 Oct 2019Al Thanyah FifthHilton Residences Dubai Jumeirah Lakes TowersDMCC Master CommunityBuildingExisting PropertiesNot specified21,635 sqftAED 9,776/sqftAED 211,500,000
21 Oct 2019Al Yufrah 1LandExisting PropertiesNot specified11,136,138 sqftAED 18/sqftAED 200,100,000
10 Oct 2019Nadd HessaSilicon OasisBuildingExisting PropertiesNot specified23,340 sqftAED 4,713/sqftAED 110,000,000
29 Oct 2019Al Khawaneej FirstLandExisting PropertiesNot specified563,486 sqftAED 180/sqftAED 101,427,660
24 Oct 2019Al Khairan FirstThe LagoonsLandExisting PropertiesNot specified125,924 sqftAED 794/sqftAED 100,040,107
3 Oct 2019Trade Center FirstBuildingExisting PropertiesNot specified25,000 sqftAED 3,644/sqftAED 91,104,000
29 Oct 2019Al Barshaa South FirstLandExisting PropertiesNot specified193,168 sqftAED 398/sqftAED 76,796,000
15 Oct 2019Al Safouh SecondCAVALLI CASA TOWERSite ALandExisting PropertiesNot specified163,767 sqftAED 392/sqftAED 64,196,550
28 Oct 2019Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills Grove CommunityDUBAI HILLS - HILLS GROVELandExisting PropertiesNot specified33,594 sqftAED 1,786/sqftAED 60,000,000
1 Oct 2019Palm JumeirahAVA AT PALM JUMEIRAH BY OMNIYATPalm JumeirahLandExisting PropertiesNot specified32,613 sqftAED 1,680/sqftAED 54,790,000

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.