← All reports

Quarterly report

Dubai property market — Q1 2020

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 2020. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales9,348Registered in Q1 2020up22.1% vs a year earlier
Total valueAED 20.39BRegistered in Q1 2020Across 123 communities
Price per sqftAED 954/sqftMedian across Q1 2020down1.3% vs a year earlier
Sale priceAED 1.19MMedian across Q1 202052% sold off-plan

In a sentence

The Land Department registered 9,348 property sales in Q1 2020, worth AED 20.39B in total, across 123 communities. That is 22% more than the same quarter a year earlier.

The median sale was AED 1,190,000 at AED 954/sqft, 1.3% below the same quarter last year. 52% of sales were off-plan.

Marsa Dubai was the busiest community with 970 registered sales, and also took the most money at AED 2.13B.

Against the previous quarter, Al Barshaa South Third rose 248% to 299 sales, while Jumeirah First fell 77% to 117.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 2020, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai970-2.2%AED 2.13BAED 1.70MAED 1,614/sqft37%
Business Bay716-10.9%AED 882.53MAED 1.13MAED 1,499/sqft60%
Burj Khalifa695+41.8%AED 1.78BAED 2.00MAED 1,902/sqft67%
Wadi Al Safa 5505-45.8%AED 815.12MAED 1.35MAED 750/sqft80%
Al Merkadh493+34.7%AED 881.51MAED 1.22MAED 1,353/sqft91%
Al Barsha South Fourth454+9.9%AED 776.43MAED 629KAED 876/sqft51%
Al Thanyah Fifth412+7.3%AED 462.52MAED 690KAED 769/sqft27%
Al Khairan First377-45.1%AED 622.84MAED 1.45MAED 1,618/sqft95%
Al Barshaa South Third299+247.7%AED 129.51MAED 450KAED 887/sqft45%
Hadaeq Sheikh Mohammed Bin Rashid295-27.5%AED 856.71MAED 1.75MAED 1,152/sqft56%
Madinat Al Mataar285-59.8%AED 292.40MAED 1.09MAED 705/sqft89%
Wadi Al Safa 2274+4.2%AED 145.26MAED 359KAED 846/sqft73%
Palm Jumeirah272+20.9%AED 693.45MAED 1.30MAED 1,297/sqft39%
Al Warsan First251-31.4%AED 150.50MAED 280KAED 460/sqft2%
Jabal Ali First221-31.8%AED 490.23MAED 770KAED 662/sqft18%

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 2.13B970
Burj KhalifaAED 1.78B695
Business BayAED 882.53M716
Al MerkadhAED 881.51M493
Hadaeq Sheikh Mohammed Bin RashidAED 856.71M295
Wadi Al Safa 5AED 815.12M505
Al Barsha South FourthAED 776.43M454
Trade Center FirstAED 707.34M5
Palm JumeirahAED 693.45M272
Al Khairan FirstAED 622.84M377

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Al Barshaa South Third299+247.7%
Jumeirah First117-76.7%
Al Yelayiss 170-72.5%
Madinat Al Mataar285-59.8%
Al Wasl65-59.4%
Wadi Al Safa 5505-45.8%
Al Khairan First377-45.1%
Al Goze Fourth82-44.6%
Nad Al Shiba First81+42.1%
Burj Khalifa695+41.8%

The largest sales of Q1 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
3 Feb 2020Trade Center First—BuildingExisting PropertiesNot specified25,000 sqftAED 28,008/sqftAED 700,200,000
17 Feb 2020Nad Al Shiba Third—BuildingExisting PropertiesNot specified1,358,419 sqftAED 279/sqftAED 379,290,908
11 Mar 2020Al Safouh First—Sufouh GardensBuildingExisting PropertiesNot specified33,037 sqftAED 9,989/sqftAED 330,000,000
10 Mar 2020Al Barsha South Fourth—Jumeirah Village CircleBuildingExisting PropertiesNot specified24,254 sqftAED 12,972/sqftAED 314,630,000
27 Feb 2020Um Hurair Second—Dubai Health Care City Phase 1BuildingExisting PropertiesNot specified83,679 sqftAED 3,585/sqftAED 300,000,000
3 Feb 2020Al Garhoud—BuildingExisting PropertiesNot specified184,634 sqftAED 1,278/sqftAED 236,010,000
21 Jan 2020Wadi Al Safa 3—MajanBuildingExisting PropertiesNot specified45,939 sqftAED 2,699/sqftAED 124,000,000
13 Jan 2020Al Barsha South Fourth—Jumeirah Village CircleBuildingExisting PropertiesNot specified24,254 sqftAED 4,876/sqftAED 118,251,735
15 Jan 2020Jabal Ali First—Al FurjanBuildingExisting PropertiesNot specified35,350 sqftAED 3,168/sqftAED 112,000,000
23 Jan 2020Jabal Ali FirstAVENUE RESIDENCE ThreeAl FurjanBuildingExisting PropertiesNot specified36,499 sqftAED 2,877/sqftAED 105,000,000

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.