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Monthly report

Dubai property market — May 2021

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

Sales4,257Registered in May 2021up238.7% vs a year earlier
Total valueAED 11.36BRegistered in May 2021Across 90 communities
Price per sqftAED 944/sqftMedian across May 2021down15.5% vs a year earlier
Sale priceAED 1.35MMedian across May 202137% sold off-plan

In a sentence

The Land Department registered 4,257 property sales in May 2021, worth AED 11.36B in total, across 90 communities. That is 239% more than the same month a year earlier.

The median sale was AED 1,350,000 at AED 944/sqft, 15.5% below the same month last year. 37% of sales were off-plan.

Marsa Dubai was the busiest community with 499 registered sales, while Hadaeq Sheikh Mohammed Bin Rashid took the most money at AED 1.39B.

Against the previous month, Al Barsha South Fourth rose 32% to 364 sales, while Jabal Ali First fell 36% to 56.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai499+9.9%AED 1.29BAED 2.00MAED 1,728/sqft29%
Al Thanyah Fifth374+22.6%AED 388.11MAED 550KAED 992/sqft56%
Al Barsha South Fourth364+31.9%AED 263.19MAED 514KAED 719/sqft73%
Hadaeq Sheikh Mohammed Bin Rashid292-35.1%AED 1.39BAED 2.82MAED 1,069/sqft43%
Business Bay199-12.7%AED 271.71MAED 1.00MAED 1,164/sqft27%
Burj Khalifa184-7.5%AED 1.00BAED 1.93MAED 1,889/sqft39%
Wadi Al Safa 5167-18.1%AED 266.22MAED 1.52MAED 743/sqft73%
Al Hebiah Third156+5.4%AED 346.98MAED 1.95MAED 1,047/sqft24%
Palm Jumeirah155-16.2%AED 1.32BAED 2.95MAED 1,660/sqft23%
Al Merkadh145+29.5%AED 421.96MAED 1.33MAED 1,618/sqft62%
Al Hebiah Fourth144-18.2%AED 310.60MAED 925KAED 738/sqft15%
Al Barshaa South Third128-2.3%AED 86.84MAED 540KAED 820/sqft73%
Me'Aisem First126+15.6%AED 305.28MAED 1.08MAED 997/sqft17%
Al Yelayiss 2115-18.4%AED 140.51MAED 1.38MAED 783/sqft7%
Al Jadaf101-11.4%AED 125.91MAED 639KAED 827/sqft88%

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
Hadaeq Sheikh Mohammed Bin RashidAED 1.39B292
Palm JumeirahAED 1.32B155
Marsa DubaiAED 1.29B499
Burj KhalifaAED 1.00B184
Um RamoolAED 623.78M1
Al MerkadhAED 421.96M145
Al Thanyah FifthAED 388.11M374
Al Thanayah FourthAED 382.91M64
Al Hebiah ThirdAED 346.98M156
Al Hebiah FourthAED 310.60M144

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
Jabal Ali First56-35.6%
Hadaeq Sheikh Mohammed Bin Rashid292-35.1%
Al Barsha South Fourth364+31.9%
Al Merkadh145+29.5%
Al Thanyah Fifth374+22.6%
Al Yelayiss 2115-18.4%
Al Hebiah Fourth144-18.2%
Wadi Al Safa 5167-18.1%
Palm Jumeirah155-16.2%
Me'Aisem First126+15.6%

The largest sales of May 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
17 May 2021Um Ramool—BuildingExisting PropertiesNot specified2,079,261 sqftAED 300/sqftAED 623,778,316
26 May 2021Burj KhalifaTHE ADDRESS RESIDENCE - SKY VIEWDownTown DubaiHotelExisting PropertiesNot specified598,162 sqftAED 552/sqftAED 330,000,000
20 May 2021Al Warsan Second—LandExisting PropertiesNot specified5,575,554 sqftAED 50/sqftAED 278,777,695
24 May 2021Burj Khalifa—DownTown DubaiLandExisting PropertiesNot specified71,169 sqftAED 2,810/sqftAED 200,000,000
21 May 2021Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified15,662 sqftAED 5,172/sqftAED 81,000,000
31 May 2021Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified14,678 sqftAED 4,715/sqftAED 69,200,000
28 May 2021Palm JumeirahOCEAN BREEZEPalm JumeirahVillaExisting PropertiesNot specified13,120 sqftAED 4,954/sqftAED 65,000,000
25 May 2021Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified34,050 sqftAED 1,762/sqftAED 60,000,000
20 May 2021Al Barsha South Fourth—Jumeirah Village CircleLandExisting PropertiesNot specified33,809 sqftAED 1,553/sqftAED 52,500,000
24 May 2021Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills View CommunityDUBAI HILLS - HILLS VIEWLandExisting PropertiesNot specified35,303 sqftAED 1,430/sqftAED 50,500,000

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.