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Monthly report

Dubai property market — October 2020

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

Sales3,655Registered in October 2020down20.3% vs a year earlier
Total valueAED 7.36BRegistered in October 2020Across 86 communities
Price per sqftAED 857/sqftMedian across October 2020down5.4% vs a year earlier
Sale priceAED 1.32MMedian across October 202042% sold off-plan

In a sentence

The Land Department registered 3,655 property sales in October 2020, worth AED 7.36B in total, across 86 communities. That is 20% fewer than the same month a year earlier.

The median sale was AED 1,318,309 at AED 857/sqft, 5.4% below the same month last year. 42% of sales were off-plan.

Al Hebiah Fourth was the busiest community with 601 registered sales, and also took the most money at AED 856.86M.

Against the previous month, Al Hebiah Fourth rose 352% to 601 sales, while Palm Jumeirah fell 46% to 67.

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 2020, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Hebiah Fourth601+351.9%AED 856.86MAED 1.39MAED 863/sqft85%
Marsa Dubai257+12.2%AED 439.13MAED 1.47MAED 1,251/sqft30%
Al Barsha South Fourth228-9.2%AED 195.94MAED 675KAED 893/sqft54%
Burj Khalifa181+34.1%AED 536.98MAED 1.85MAED 1,760/sqft48%
Business Bay172-19.2%AED 233.44MAED 1.06MAED 1,090/sqft30%
Hadaeq Sheikh Mohammed Bin Rashid167+103.7%AED 437.01MAED 1.60MAED 1,022/sqft49%
Al Warsan First159+24.2%AED 86.83MAED 360KAED 612/sqft23%
Al Merkadh144-20.0%AED 340.83MAED 1.19MAED 1,554/sqft85%
Al Thanyah Fifth136-20.9%AED 218.59MAED 1.04MAED 656/sqft4%
Jabal Ali First115+57.5%AED 99.60MAED 507KAED 540/sqft5%
Wadi Al Safa 51140.0%AED 125.61MAED 595KAED 859/sqft59%
Al Khairan First112+14.3%AED 178.52MAED 1.41MAED 1,566/sqft95%
Al Yelayiss 292-31.3%AED 104.50MAED 1.17MAED 603/sqft12%
Al Hebiah First77+305.3%AED 166.62MAED 1.35MAED 624/sqft0%
Nad Al Shiba Third76-9.5%AED 187.74MAED 2.40MAED 475/sqft0%

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
Al Hebiah FourthAED 856.86M601
Burj KhalifaAED 536.98M181
Palm JumeirahAED 443.37M67
Marsa DubaiAED 439.13M257
Hadaeq Sheikh Mohammed Bin RashidAED 437.01M167
Al Thanayah FourthAED 358.46M60
Al MerkadhAED 340.83M144
Business BayAED 233.44M172
Al Thanyah FifthAED 218.59M136
Al Barsha South FourthAED 195.94M228

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 Hebiah Fourth601+351.9%
Hadaeq Sheikh Mohammed Bin Rashid167+103.7%
Jabal Ali First115+57.5%
Palm Jumeirah67-45.5%
Burj Khalifa181+34.1%
Al Yelayiss 292-31.3%
Al Warsan First159+24.2%
Al Thanyah Fifth136-20.9%
Al Merkadh144-20.0%
Al Hebiah Third57-19.7%

The largest sales of October 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 Oct 2020Um Hurair Second—Dubai Health Care City Phase 1LandExisting PropertiesNot specified58,625 sqftAED 1,515/sqftAED 88,800,000
27 Oct 2020Al Satwa—VillaExisting PropertiesNot specified103,407 sqftAED 629/sqftAED 65,000,000
7 Oct 2020Saih Shuaib 4—Dubai Industrial CityLandExisting PropertiesNot specified465,112 sqftAED 119/sqftAED 55,301,936
15 Oct 2020Saih Shuaib 4—Dubai Industrial CityLandExisting PropertiesNot specified465,737 sqftAED 113/sqftAED 52,505,000
12 Oct 2020Dubai Investment Park Second—Dubai Investment Park SecondBuildingExisting PropertiesNot specified104,704 sqftAED 458/sqftAED 48,000,000
26 Oct 2020Al Barsha First—BuildingExisting PropertiesNot specified16,000 sqftAED 2,969/sqftAED 47,500,000
26 Oct 2020Island 2BV MansionsJumeira BayVillaExisting PropertiesNot specified19,248 sqftAED 2,390/sqftAED 46,000,000
1 Oct 2020Al Hebiah First15 CASCADEMotor CityLandExisting PropertiesNot specified125,632 sqftAED 359/sqftAED 45,041,760
1 Oct 2020Um Suqaim First—VillaExisting PropertiesNot specified50,000 sqftAED 815/sqftAED 40,739,299
13 Oct 2020Al Murqabat—BuildingExisting PropertiesNot specified14,737 sqftAED 2,715/sqftAED 40,005,000

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.