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Monthly report

Dubai property market — December 2019

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

Sales4,138Registered in December 2019up72.3% vs a year earlier
Total valueAED 8.74BRegistered in December 2019Across 92 communities
Price per sqftAED 1,005/sqftMedian across December 2019up5.8% vs a year earlier
Sale priceAED 1.30MMedian across December 201962% sold off-plan

In a sentence

The Land Department registered 4,138 property sales in December 2019, worth AED 8.74B in total, across 92 communities. That is 72% more than the same month a year earlier.

The median sale was AED 1,295,955 at AED 1,005/sqft, 5.8% above the same month last year. 62% of sales were off-plan.

Marsa Dubai was the busiest community with 361 registered sales, and also took the most money at AED 989.88M.

Against the previous month, Madinat Al Mataar rose 293% to 275 sales, while Business Bay fell 33% to 208.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai361+28.0%AED 989.88MAED 2.20MAED 2,081/sqft49%
Al Khairan First356+641.7%AED 527.19MAED 1.24MAED 1,412/sqft99%
Wadi Al Safa 5303+45.7%AED 463.67MAED 1.35MAED 769/sqft89%
Madinat Al Mataar275+292.9%AED 305.75MAED 1.10MAED 704/sqft92%
Jumeirah First229+43.1%AED 905.66MAED 2.58MAED 1,681/sqft97%
Business Bay208-33.1%AED 259.32MAED 1.21MAED 1,533/sqft51%
Burj Khalifa197+61.5%AED 572.61MAED 2.40MAED 1,919/sqft62%
Al Barsha South Fourth194+81.3%AED 598.33MAED 480KAED 838/sqft36%
Hadaeq Sheikh Mohammed Bin Rashid161+182.5%AED 347.53MAED 1.34MAED 1,366/sqft71%
Al Hebiah First129+1072.7%AED 225.34MAED 1.37MAED 943/sqft0%
Al Barshaa South Second123+4000.0%AED 74.08MAED 491KAED 1,158/sqft97%
Al Thanyah Fifth119+0.8%AED 143.54MAED 675KAED 800/sqft25%
Al Hebiah Third97+14.1%AED 150.00MAED 966KAED 1,131/sqft40%
Al Merkadh96-15.0%AED 279.43MAED 1.04MAED 1,547/sqft88%
Wadi Al Safa 284+29.2%AED 51.65MAED 360KAED 860/sqft68%

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 989.88M361
Jumeirah FirstAED 905.66M229
Al Barsha South FourthAED 598.33M194
Burj KhalifaAED 572.61M197
Al Khairan FirstAED 527.19M356
Wadi Al Safa 5AED 463.67M303
Hadaeq Sheikh Mohammed Bin RashidAED 347.53M161
Madinat Al MataarAED 305.75M275
Island 2AED 283.53M30
Al MerkadhAED 279.43M96

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 Mataar275+292.9%
Hadaeq Sheikh Mohammed Bin Rashid161+182.5%
Al Barsha South Fourth194+81.3%
Burj Khalifa197+61.5%
Wadi Al Safa 5303+45.7%
Jumeirah First229+43.1%
Business Bay208-33.1%
Jabal Ali First64-30.4%
Wadi Al Safa 284+29.2%
Al Warsan First77-28.7%

The largest sales of December 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 Dec 2019Al Barsha South FourthBinghatti ApexJumeirah Village CircleLandExisting PropertiesNot specified44,519 sqftAED 2,880/sqftAED 128,217,000
23 Dec 2019World Islands—The WorldLandExisting PropertiesNot specified1,132,844 sqftAED 100/sqftAED 112,774,472
11 Dec 2019Al Karama—BuildingExisting PropertiesNot specified33,200 sqftAED 2,577/sqftAED 85,550,000
26 Dec 2019Al Goze Industrial Third—BuildingExisting PropertiesNot specified402,869 sqftAED 200/sqftAED 80,600,000
23 Dec 2019Madinat Dubai AlmelaheyahAria By BeyondDubai Maritime CityLandExisting PropertiesNot specified62,523 sqftAED 1,286/sqftAED 80,423,900
25 Dec 2019Al Barsha South Fifth—Jumeirah Village TriangleLandExisting PropertiesNot specified24,104 sqftAED 2,970/sqftAED 71,593,600
20 Dec 2019Mankhool—BuildingExisting PropertiesNot specified33,135 sqftAED 1,962/sqftAED 65,000,000
19 Dec 2019Al Barsha South Fourth—Jumeirah Village CircleBuildingExisting PropertiesNot specified24,524 sqftAED 2,447/sqftAED 60,000,000
24 Dec 2019Al Barsha South Fourth—Jumeirah Village CircleLandExisting PropertiesNot specified54,006 sqftAED 990/sqftAED 53,466,400
24 Dec 2019Al Barsha South FourthPEARL HOUSE IV BY IMTIAZJumeirah Village CircleLandExisting PropertiesNot specified20,103 sqftAED 2,600/sqftAED 52,267,000

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.