← All reports

Monthly report

Dubai property market — August 2021

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

Sales5,556Registered in August 2021up148.4% vs a year earlier
Total valueAED 14.54BRegistered in August 2021Across 95 communities
Price per sqftAED 1,017/sqftMedian across August 2021up27.1% vs a year earlier
Sale priceAED 1.56MMedian across August 202144% sold off-plan

In a sentence

The Land Department registered 5,556 property sales in August 2021, worth AED 14.54B in total, across 95 communities. That is 148% more than the same month a year earlier.

The median sale was AED 1,557,257 at AED 1,017/sqft, 27.1% above the same month last year. 44% of sales were off-plan.

Marsa Dubai was the busiest community with 575 registered sales, and also took the most money at AED 1.70B.

Against the previous month, Jabal Ali First rose 321% to 286 sales, while Al Merkadh fell 32% to 230.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai575-3.0%AED 1.70BAED 2.40MAED 2,320/sqft57%
Business Bay456+19.1%AED 678.13MAED 1.16MAED 1,496/sqft45%
Wadi Al Safa 5438+219.7%AED 861.37MAED 1.76MAED 806/sqft84%
Al Barsha South Fourth418+45.1%AED 300.60MAED 631KAED 889/sqft47%
Al Thanyah Fifth299-12.1%AED 405.73MAED 800KAED 971/sqft46%
Jabal Ali First286+320.6%AED 787.51MAED 3.10MAED 618/sqft4%
Al Hebiah Fourth276+71.4%AED 405.58MAED 661KAED 931/sqft66%
Hadaeq Sheikh Mohammed Bin Rashid261+34.5%AED 1.52BAED 2.79MAED 1,288/sqft40%
Al Merkadh230-32.0%AED 476.91MAED 1.19MAED 1,828/sqft87%
Burj Khalifa218+31.3%AED 791.12MAED 2.09MAED 1,693/sqft29%
Palm Jumeirah187+40.6%AED 1.07BAED 2.00MAED 2,599/sqft53%
Al Hebiah Third129+44.9%AED 237.91MAED 1.68MAED 1,052/sqft16%
Al Hebiah First126+306.5%AED 303.18MAED 1.91MAED 867/sqft0%
Um Suqaim Third114+1166.7%AED 242.77MAED 1.56MAED 1,679/sqft97%
Al Warsan First113+0.9%AED 48.42MAED 308KAED 475/sqft12%

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 1.70B575
Hadaeq Sheikh Mohammed Bin RashidAED 1.52B261
Palm JumeirahAED 1.07B187
Wadi Al Safa 5AED 861.37M438
Burj KhalifaAED 791.12M218
Jabal Ali FirstAED 787.51M286
Business BayAED 678.13M456
Al MerkadhAED 476.91M230
Jumeirah FirstAED 438.36M81
Al Thanyah FifthAED 405.73M299

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 First286+320.6%
Wadi Al Safa 5438+219.7%
Al Hebiah Fourth276+71.4%
Al Barsha South Fourth418+45.1%
Al Hebiah Third129+44.9%
Palm Jumeirah187+40.6%
Hadaeq Sheikh Mohammed Bin Rashid261+34.5%
Al Merkadh230-32.0%
Burj Khalifa218+31.3%
Me'Aisem First71-26.0%

The largest sales of August 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 Aug 2021Al Murqabat—LandExisting PropertiesNot specified44,030 sqftAED 7,381/sqftAED 325,000,000
24 Aug 2021Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills Grove CommunityDUBAI HILLS - HILLS GROVELandExisting PropertiesNot specified36,985 sqftAED 2,785/sqftAED 103,000,000
9 Aug 2021Nadd HessaAXIS RESIDENCES 20Silicon OasisBuildingExisting PropertiesNot specified43,095 sqftAED 2,320/sqftAED 100,000,000
30 Aug 2021Burj KhalifaOne ResidenceDownTown DubaiLandExisting PropertiesNot specified55,483 sqftAED 1,757/sqftAED 97,500,000
31 Aug 2021Dubai Investment Park First—Dubai Investment Park FirstBuildingExisting PropertiesNot specified152,161 sqftAED 493/sqftAED 75,000,000
9 Aug 2021Marsa DubaiMARINA STARDubai MarinaBuildingExisting PropertiesNot specified27,561 sqftAED 2,250/sqftAED 62,012,173
2 Aug 2021Me'Aisem First—Jumeirah Golf EstatesLandExisting PropertiesNot specified89,021 sqftAED 696/sqftAED 62,000,000
25 Aug 2021Wadi Al Safa 2—Liwan1BuildingExisting PropertiesNot specified31,802 sqftAED 1,792/sqftAED 57,000,000
11 Aug 2021Al Satwa—Jumeirah Garden CityLandExisting PropertiesNot specified15,020 sqftAED 3,795/sqftAED 57,000,000
16 Aug 2021Um Hurair Second—BuildingExisting PropertiesNot specified48,800 sqftAED 1,158/sqftAED 56,500,000

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.