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Monthly report

Dubai property market — April 2020

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2020. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales1,579Registered in April 2020down51.3% vs a year earlier
Total valueAED 3.13BRegistered in April 2020Across 65 communities
Price per sqftAED 1,285/sqftMedian across April 2020up38.9% vs a year earlier
Sale priceAED 1.36MMedian across April 202075% sold off-plan

In a sentence

The Land Department registered 1,579 property sales in April 2020, worth AED 3.13B in total, across 65 communities. That is 51% fewer than the same month a year earlier.

The median sale was AED 1,361,888 at AED 1,285/sqft, 38.9% above the same month last year. 75% of sales were off-plan.

Marsa Dubai was the busiest community with 207 registered sales, and also took the most money at AED 510.57M.

Against the previous month, Al Khairan First rose 44% to 105 sales, while Business Bay fell 69% to 79.

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 April 2020, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai207-45.4%AED 510.57MAED 1.76MAED 2,093/sqft75%
Wadi Al Safa 5151+43.8%AED 222.26MAED 1.38MAED 718/sqft87%
Al Khairan First105+43.8%AED 173.04MAED 1.46MAED 1,432/sqft100%
Um Suqaim Third102+500.0%AED 252.76MAED 1.46MAED 1,637/sqft99%
Al Barsha South Fourth96-39.2%AED 62.16MAED 495KAED 1,035/sqft84%
Business Bay79-68.8%AED 96.75MAED 1.17MAED 1,448/sqft87%
Burj Khalifa76-64.5%AED 281.52MAED 2.67MAED 1,975/sqft82%
Al Barshaa South Third69+56.8%AED 51.66MAED 660KAED 1,285/sqft91%
Al Merkadh69-57.4%AED 232.51MAED 1.88MAED 1,597/sqft84%
Palm Jumeirah61-45.5%AED 229.79MAED 1.33MAED 1,740/sqft54%
Hadaeq Sheikh Mohammed Bin Rashid52-54.4%AED 120.39MAED 1.25MAED 1,433/sqft69%
Al Warsan First44-54.6%AED 15.19MAED 330KAED 834/sqft80%
Jumeirah First41-47.4%AED 113.81MAED 2.13MAED 1,698/sqft100%
Madinat Al Mataar40-34.4%AED 48.14MAED 1.12MAED 692/sqft75%
Al Thanyah Fifth37-77.7%AED 44.08MAED 690KAED 893/sqft49%

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 510.57M207
Burj KhalifaAED 281.52M76
Um Suqaim ThirdAED 252.76M102
Al MerkadhAED 232.51M69
Palm JumeirahAED 229.79M61
Wadi Al Safa 5AED 222.26M151
Al Khairan FirstAED 173.04M105
Hadaeq Sheikh Mohammed Bin RashidAED 120.39M52
Jumeirah FirstAED 113.81M41
Island 2AED 99.24M10

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
Business Bay79-68.8%
Burj Khalifa76-64.5%
Al Merkadh69-57.4%
Hadaeq Sheikh Mohammed Bin Rashid52-54.4%
Palm Jumeirah61-45.5%
Marsa Dubai207-45.4%
Al Khairan First105+43.8%
Wadi Al Safa 5151+43.8%
Al Barsha South Fourth96-39.2%

The largest sales of April 2020

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
6 Apr 2020BukadraHelvetia VerdeLandExisting PropertiesNot specified27,930 sqftAED 1,980/sqftAED 55,291,720
16 Apr 2020Um Suqaim ThirdMarsa Al Arab VillasLandExisting PropertiesNot specified10,483 sqftAED 4,579/sqftAED 48,000,000
21 Apr 2020Palm JumeirahSERENIA RESIDENCES THE PALMPalm JumeirahFlatExisting Properties4 B/R15,127 sqftAED 2,644/sqftAED 40,000,000
30 Apr 2020Palm JumeirahCLUB VILLASPalm JumeirahVillaExisting Properties7 B/R17,520 sqftAED 1,676/sqftAED 29,360,000
29 Apr 2020Island 2—Jumeira BayLandExisting PropertiesNot specified17,024 sqftAED 1,234/sqftAED 21,000,000
16 Apr 2020Burj KhalifaIl PRIMODownTown DubaiFlatOff-Plan Properties4 B/R5,333 sqftAED 3,879/sqftAED 20,687,888
29 Apr 2020Island 2—Jumeira BayLandExisting PropertiesNot specified17,223 sqftAED 1,176/sqftAED 20,250,000
27 Apr 2020Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified15,415 sqftAED 1,297/sqftAED 20,000,000
27 Apr 2020Burj Khalifa—Burj KhalifaLandExisting PropertiesNot specified95,268 sqftAED 200/sqftAED 19,053,588
16 Apr 2020Marsa DubaiBluewaters ResidencesBluewaters IslandFlatExisting Properties5 B/R9,232 sqftAED 2,015/sqftAED 18,600,000

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.