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Monthly report

Dubai property market — March 2021

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

Sales4,837Registered in March 2021up59.2% vs a year earlier
Total valueAED 11.42BRegistered in March 2021Across 98 communities
Price per sqftAED 919/sqftMedian across March 2021down8.1% vs a year earlier
Sale priceAED 1.34MMedian across March 202136% sold off-plan

In a sentence

The Land Department registered 4,837 property sales in March 2021, worth AED 11.42B in total, across 98 communities. That is 59% more than the same month a year earlier.

The median sale was AED 1,339,500 at AED 919/sqft, 8.1% below the same month last year. 36% of sales were off-plan.

Marsa Dubai was the busiest community with 539 registered sales, while Palm Jumeirah took the most money at AED 1.49B.

Against the previous month, Wadi Al Safa 5 rose 107% to 118 sales, while Al Warsan First fell 9% to 105.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai539+68.4%AED 1.42BAED 2.15MAED 1,780/sqft44%
Business Bay391-0.8%AED 524.70MAED 1.01MAED 1,182/sqft33%
Hadaeq Sheikh Mohammed Bin Rashid368+87.8%AED 1.11BAED 1.72MAED 1,060/sqft49%
Al Thanyah Fifth358+92.5%AED 615.63MAED 691KAED 971/sqft51%
Al Barsha South Fourth318+48.6%AED 303.06MAED 665KAED 820/sqft46%
Palm Jumeirah251+51.2%AED 1.49BAED 1.82MAED 1,683/sqft50%
Al Hebiah Fourth223+95.6%AED 548.07MAED 3.33MAED 739/sqft9%
Burj Khalifa187+31.7%AED 531.96MAED 2.10MAED 1,735/sqft26%
Al Merkadh165+41.0%AED 399.91MAED 1.30MAED 1,550/sqft88%
Jabal Ali First139+59.8%AED 130.97MAED 672KAED 746/sqft37%
Al Yelayiss 2131+23.6%AED 141.46MAED 1.10MAED 756/sqft5%
Wadi Al Safa 5118+107.0%AED 200.54MAED 1.46MAED 678/sqft53%
Al Hebiah Third114+35.7%AED 249.11MAED 1.82MAED 929/sqft10%
Al Warsan First105-8.7%AED 63.93MAED 290KAED 444/sqft24%
Me'Aisem First91+30.0%AED 231.70MAED 869KAED 1,086/sqft19%

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 1.49B251
Marsa DubaiAED 1.42B539
Hadaeq Sheikh Mohammed Bin RashidAED 1.11B368
Al Thanyah FifthAED 615.63M358
Al Hebiah FourthAED 548.07M223
Burj KhalifaAED 531.96M187
Business BayAED 524.70M391
Al MerkadhAED 399.91M165
Al Thanayah FourthAED 395.84M63
Al Barsha South FourthAED 303.06M318

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
Wadi Al Safa 5118+107.0%
Al Hebiah Fourth223+95.6%
Al Thanyah Fifth358+92.5%
Hadaeq Sheikh Mohammed Bin Rashid368+87.8%
Marsa Dubai539+68.4%
Jabal Ali First139+59.8%
Palm Jumeirah251+51.2%
Al Barsha South Fourth318+48.6%
Al Merkadh165+41.0%
Al Hebiah Third114+35.7%

The largest sales of March 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
31 Mar 2021Madinat Dubai AlmelaheyahMAR CASADubai Maritime CityLandExisting PropertiesNot specified74,898 sqftAED 2,839/sqftAED 212,598,173
17 Mar 2021Al Thanyah FifthAMESCO TOWERDMCC Master CommunityBuildingExisting PropertiesNot specified56,672 sqftAED 3,495/sqftAED 198,055,000
8 Mar 2021Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified13,762 sqftAED 8,084/sqftAED 111,250,000
4 Mar 2021Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified44,952 sqftAED 1,513/sqftAED 68,000,000
11 Mar 2021Business BayEYWA DUBAIBusiness BayLandExisting PropertiesNot specified37,283 sqftAED 1,601/sqftAED 59,692,150
23 Mar 2021Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified29,441 sqftAED 1,868/sqftAED 55,000,000
8 Mar 2021Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills Grove CommunityDUBAI HILLS - HILLS GROVELandExisting PropertiesNot specified40,774 sqftAED 1,221/sqftAED 49,800,000
1 Mar 2021Jumeirah SecondMR. C RESIDENCES JUMEIRAHDubai Water CanalLandExisting PropertiesNot specified53,608 sqftAED 843/sqftAED 45,178,000
18 Mar 2021Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified20,107 sqftAED 2,238/sqftAED 45,000,000
8 Mar 2021Al Warqa First—LandExisting PropertiesNot specified18,188 sqftAED 2,364/sqftAED 43,000,000

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.