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Monthly report

Dubai property market — January 2021

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2021. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales3,109Registered in January 2021up18.1% vs a year earlier
Total valueAED 6.18BRegistered in January 2021Across 91 communities
Price per sqftAED 871/sqftMedian across January 2021down3.8% vs a year earlier
Sale priceAED 1.22MMedian across January 202129% sold off-plan

In a sentence

The Land Department registered 3,109 property sales in January 2021, worth AED 6.18B in total, across 91 communities. That is 18% more than the same month a year earlier.

The median sale was AED 1,223,073 at AED 871/sqft, 3.8% below the same month last year. 29% of sales were off-plan.

Business Bay was the busiest community with 313 registered sales, while Palm Jumeirah took the most money at AED 578.54M.

Against the previous month, Nad Al Shiba Third rose 72% to 93 sales, while Al Yelayiss 2 fell 25% to 127.

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 January 2021, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay313-9.8%AED 375.99MAED 1.04MAED 1,201/sqft15%
Marsa Dubai291-0.7%AED 563.73MAED 1.43MAED 1,270/sqft21%
Al Barsha South Fourth246-9.6%AED 192.08MAED 618KAED 908/sqft68%
Al Thanyah Fifth160-6.4%AED 245.62MAED 850KAED 650/sqft11%
Hadaeq Sheikh Mohammed Bin Rashid137-18.0%AED 245.07MAED 888KAED 1,086/sqft61%
Al Yelayiss 2127-24.9%AED 125.19MAED 881KAED 869/sqft7%
Palm Jumeirah121+2.5%AED 578.54MAED 1.96MAED 1,435/sqft31%
Wadi Al Safa 5115+62.0%AED 182.06MAED 1.33MAED 660/sqft62%
Al Hebiah Fourth112-5.1%AED 172.27MAED 1.39MAED 833/sqft25%
Burj Khalifa112-6.7%AED 285.05MAED 2.04MAED 1,601/sqft17%
Al Warsan First97+36.6%AED 35.62MAED 290KAED 419/sqft14%
Nad Al Shiba Third93+72.2%AED 225.76MAED 2.40MAED 475/sqft0%
Al Hebiah Third84+15.1%AED 169.16MAED 1.74MAED 854/sqft12%
Nad Al Shiba First79+38.6%AED 201.16MAED 1.83MAED 1,013/sqft20%
Al Merkadh77-18.9%AED 336.06MAED 1.40MAED 1,429/sqft75%

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
Palm JumeirahAED 578.54M121
Marsa DubaiAED 563.73M291
Business BayAED 375.99M313
Al MerkadhAED 336.06M77
Al Thanayah FourthAED 307.48M50
Burj KhalifaAED 285.05M112
Al Thanyah FifthAED 245.62M160
Hadaeq Sheikh Mohammed Bin RashidAED 245.07M137
Nad Al Shiba ThirdAED 225.76M93
Nad Al Shiba FirstAED 201.16M79

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
Nad Al Shiba Third93+72.2%
Wadi Al Safa 5115+62.0%
Nad Al Shiba First79+38.6%
Al Warsan First97+36.6%
Al Yelayiss 2127-24.9%
Al Jadaf61-24.7%
Al Merkadh77-18.9%
Hadaeq Sheikh Mohammed Bin Rashid137-18.0%
Al Hebiah Third84+15.1%
Business Bay313-9.8%

The largest sales of January 2021

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
18 Jan 2021Wadi Al Safa 3—Mohammed Bin Rashid AL Maktoum District 11LandExisting PropertiesNot specified384,129 sqftAED 170/sqftAED 65,301,930
14 Jan 2021Al Muteena—BuildingExisting PropertiesNot specified48,063 sqftAED 1,040/sqftAED 50,000,000
27 Jan 2021Island 2—Jumeira BayLandExisting PropertiesNot specified17,244 sqftAED 2,523/sqftAED 43,500,000
21 Jan 2021Um Al Sheif—BuildingExisting PropertiesNot specified17,314 sqftAED 2,299/sqftAED 39,800,000
7 Jan 2021Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified15,976 sqftAED 2,379/sqftAED 38,000,000
8 Jan 2021Island 2—Jumeira BayLandExisting PropertiesNot specified24,065 sqftAED 1,538/sqftAED 37,000,000
11 Jan 2021Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified38,674 sqftAED 949/sqftAED 36,700,000
7 Jan 2021Island 2—Jumeira BayLandExisting PropertiesNot specified23,787 sqftAED 1,471/sqftAED 35,000,000
27 Jan 2021Island 2BV RESIDENCESJumeira BayFlatExisting Properties4 B/R6,550 sqftAED 5,038/sqftAED 33,000,000
19 Jan 2021Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified28,888 sqftAED 1,108/sqftAED 32,000,000

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.