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Monthly report

Dubai property market — July 2020

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

Sales2,474Registered in July 2020down35.6% vs a year earlier
Total valueAED 4.83BRegistered in July 2020Across 89 communities
Price per sqftAED 848/sqftMedian across July 2020down12.6% vs a year earlier
Sale priceAED 1.10MMedian across July 202034% sold off-plan

In a sentence

The Land Department registered 2,474 property sales in July 2020, worth AED 4.83B in total, across 89 communities. That is 36% fewer than the same month a year earlier.

The median sale was AED 1,097,388 at AED 848/sqft, 12.6% below the same month last year. 34% of sales were off-plan.

Al Yelayiss 2 was the busiest community with 199 registered sales, while Burj Khalifa took the most money at AED 362.12M.

Against the previous month, Al Yelayiss 2 rose 206% to 199 sales, while Hadaeq Sheikh Mohammed Bin Rashid fell 53% to 84.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Yelayiss 2199+206.2%AED 182.38MAED 901KAED 804/sqft6%
Al Barsha South Fourth181+16.8%AED 118.75MAED 595KAED 911/sqft62%
Marsa Dubai169-0.6%AED 254.12MAED 1.25MAED 1,111/sqft24%
Al Warsan First146+9.0%AED 55.38MAED 324KAED 679/sqft55%
Business Bay138-27.4%AED 203.03MAED 1.25MAED 1,299/sqft46%
Burj Khalifa132+36.1%AED 362.12MAED 1.92MAED 1,764/sqft42%
Palm Jumeirah104+62.5%AED 328.88MAED 1.70MAED 1,500/sqft48%
Al Khairan First91+152.8%AED 138.60MAED 1.41MAED 1,472/sqft100%
Hadaeq Sheikh Mohammed Bin Rashid84-53.3%AED 304.63MAED 2.55MAED 849/sqft33%
Al Merkadh83-41.5%AED 212.38MAED 1.28MAED 1,381/sqft81%
Jabal Ali First80+110.5%AED 121.83MAED 1.27MAED 586/sqft9%
Al Thanyah Fifth78+47.2%AED 130.70MAED 690KAED 697/sqft13%
Al Hebiah Fourth74+19.4%AED 72.14MAED 466KAED 573/sqft14%
Nad Al Shiba Third70+105.9%AED 167.18MAED 2.36MAED 468/sqft0%
Nadd Hessa62+19.2%AED 29.91MAED 368KAED 654/sqft29%

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
Burj KhalifaAED 362.12M132
Palm JumeirahAED 328.88M104
Hadaeq Sheikh Mohammed Bin RashidAED 304.63M84
Marsa DubaiAED 254.12M169
Al MerkadhAED 212.38M83
Business BayAED 203.03M138
Jumeirah FirstAED 197.54M30
Al Yelayiss 2AED 182.38M199
Al JadafAED 168.17M29
Nad Al Shiba ThirdAED 167.18M70

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
Al Yelayiss 2199+206.2%
Palm Jumeirah104+62.5%
Hadaeq Sheikh Mohammed Bin Rashid84-53.3%
Al Thanyah Fifth78+47.2%
Al Merkadh83-41.5%
Burj Khalifa132+36.1%
Business Bay138-27.4%
Al Hebiah Fourth74+19.4%
Nadd Hessa62+19.2%
Al Barsha South Fourth181+16.8%

The largest sales of July 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
1 Jul 2020Al Barshaa South ThirdKYOTO BY ORO24ArjanLandExisting PropertiesNot specified64,610 sqftAED 963/sqftAED 62,236,860
15 Jul 2020Island 2—Jumeira BayLandExisting PropertiesNot specified22,918 sqftAED 1,571/sqftAED 36,000,000
13 Jul 2020Me'Aisem First—International Media Production ZoneLandExisting PropertiesNot specified134,141 sqftAED 264/sqftAED 35,413,224
16 Jul 2020Wadi Al Safa 3—Living LegendsLandExisting PropertiesNot specified50,307 sqftAED 537/sqftAED 27,000,000
29 Jul 2020Naif—BuildingExisting PropertiesNot specified8,292 sqftAED 2,985/sqftAED 24,755,000
13 Jul 2020Hadaeq Sheikh Mohammed Bin Rashid—DUBAI HILLS - HILLS VIEWLandExisting PropertiesNot specified30,456 sqftAED 805/sqftAED 24,528,142
23 Jul 2020Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified18,795 sqftAED 1,224/sqftAED 23,000,000
28 Jul 2020Al Murqabat—BuildingExisting PropertiesNot specified9,722 sqftAED 2,175/sqftAED 21,145,000
7 Jul 2020Palm JumeirahVICEROY HOTEL RESORTS RESIDENCESPalm JumeirahFlatExisting Properties4 B/R9,341 sqftAED 2,248/sqftAED 21,000,000
13 Jul 2020Al Bada—DUBAI HILLS - PALM HILLSVillaExisting PropertiesNot specified60,400 sqftAED 333/sqftAED 20,100,000

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.