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Quarterly report

Dubai property market — Q4 2020

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q4 2020. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales11,031Registered in Q4 2020down5.9% vs a year earlier
Total valueAED 22.12BRegistered in Q4 2020Across 117 communities
Price per sqftAED 887/sqftMedian across Q4 2020down6.4% vs a year earlier
Sale priceAED 1.25MMedian across Q4 202040% sold off-plan

In a sentence

The Land Department registered 11,031 property sales in Q4 2020, worth AED 22.12B in total, across 117 communities. That is 6% fewer than the same quarter a year earlier.

The median sale was AED 1,250,000 at AED 887/sqft, 6.4% below the same quarter last year. 40% of sales were off-plan.

Al Hebiah Fourth was the busiest community with 1,080 registered sales, while Marsa Dubai took the most money at AED 1.86B.

Against the previous quarter, Al Hebiah Fourth rose 286% to 1,080 sales, while Wadi Al Safa 2 fell 30% to 63.

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 Q4 2020, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Hebiah Fourth1,080+285.7%AED 1.49BAED 1.40MAED 850/sqft80%
Marsa Dubai963+66.3%AED 1.86BAED 1.51MAED 1,734/sqft31%
Business Bay813+70.1%AED 1.08BAED 1.09MAED 1,249/sqft41%
Al Barsha South Fourth749+32.6%AED 662.51MAED 674KAED 888/sqft58%
Burj Khalifa502+37.9%AED 1.48BAED 1.88MAED 1,759/sqft44%
Al Thanyah Fifth485+30.7%AED 725.80MAED 800KAED 655/sqft17%
Hadaeq Sheikh Mohammed Bin Rashid483+88.7%AED 1.17BAED 1.65MAED 1,038/sqft56%
Al Yelayiss 2421-19.3%AED 397.88MAED 876KAED 767/sqft38%
Al Merkadh374+16.9%AED 1.06BAED 1.16MAED 1,524/sqft78%
Palm Jumeirah344+3.0%AED 1.33BAED 1.46MAED 1,520/sqft40%
Al Warsan First320-10.6%AED 208.56MAED 316KAED 461/sqft22%
Wadi Al Safa 5281+13.8%AED 378.47MAED 1.04MAED 792/sqft58%
Al Barshaa South Third264+55.3%AED 189.38MAED 584KAED 764/sqft25%
Jabal Ali First243+11.0%AED 226.65MAED 705KAED 532/sqft3%
Dubai Investment Park First213+432.5%AED 633.74MAED 3.05MAED 918/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
Marsa DubaiAED 1.86B963
Al Hebiah FourthAED 1.49B1,080
Burj KhalifaAED 1.48B502
Palm JumeirahAED 1.33B344
Hadaeq Sheikh Mohammed Bin RashidAED 1.17B483
Business BayAED 1.08B813
Al MerkadhAED 1.06B374
Al Thanayah FourthAED 1.02B179
Al Thanyah FifthAED 725.80M485
Al Barsha South FourthAED 662.51M749

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 Hebiah Fourth1,080+285.7%
Al Thanyah First165+200.0%
Al Barsha South Fifth149+140.3%
Al Jadaf158+125.7%
Hadaeq Sheikh Mohammed Bin Rashid483+88.7%
Business Bay813+70.1%
Marsa Dubai963+66.3%
Nad Al Shiba First133+66.3%
Al Hebiah First118+61.6%
Al Barshaa South Third264+55.3%

The largest sales of Q4 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
10 Dec 2020Al Barsha First—VillaExisting PropertiesNot specified38,917 sqftAED 6,167/sqftAED 240,000,000
10 Dec 2020Al Barsha First—VillaExisting PropertiesNot specified38,917 sqftAED 6,167/sqftAED 240,000,000
10 Nov 2020Al Goze Industrial Third—BuildingExisting PropertiesNot specified180,000 sqftAED 670/sqftAED 120,650,000
20 Nov 2020Nad Al Hamar—LandExisting PropertiesNot specified41,528 sqftAED 2,649/sqftAED 110,000,000
6 Oct 2020Um Hurair Second—Dubai Health Care City Phase 1LandExisting PropertiesNot specified58,625 sqftAED 1,515/sqftAED 88,800,000
10 Dec 2020Dubai Investment Park Second—Dubai Investment Park SecondBuildingExisting PropertiesNot specified47,327 sqftAED 1,855/sqftAED 87,780,000
14 Dec 2020Marsa DubaiFranck muller VanguardTECOM Site DBuildingExisting PropertiesNot specified72,104 sqftAED 1,040/sqftAED 75,000,000
19 Nov 2020Al Ras—BuildingExisting PropertiesNot specified13,903 sqftAED 5,035/sqftAED 70,000,000
27 Oct 2020Al Satwa—VillaExisting PropertiesNot specified103,407 sqftAED 629/sqftAED 65,000,000
22 Dec 2020Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified31,500 sqftAED 1,905/sqftAED 60,000,000

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.