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Monthly report

Dubai property market — December 2021

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

Sales5,462Registered in December 2021up55.8% vs a year earlier
Total valueAED 15.47BRegistered in December 2021Across 102 communities
Price per sqftAED 1,078/sqftMedian across December 2021up21.1% vs a year earlier
Sale priceAED 1.68MMedian across December 202144% sold off-plan

In a sentence

The Land Department registered 5,462 property sales in December 2021, worth AED 15.47B in total, across 102 communities. That is 56% more than the same month a year earlier.

The median sale was AED 1,678,888 at AED 1,078/sqft, 21.1% above the same month last year. 44% of sales were off-plan.

Marsa Dubai was the busiest community with 542 registered sales, and also took the most money at AED 1.51B.

Against the previous month, Al Merkadh rose 118% to 281 sales, while Al Hebiah Fourth fell 56% to 265.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai542-28.1%AED 1.51BAED 2.25MAED 2,330/sqft51%
Business Bay501-43.4%AED 797.78MAED 1.06MAED 1,405/sqft44%
Al Barsha South Fourth356-8.0%AED 296.43MAED 694KAED 870/sqft44%
Burj Khalifa327+3.8%AED 1.13BAED 2.60MAED 2,310/sqft59%
Wadi Al Safa 5321-27.5%AED 830.58MAED 1.97MAED 838/sqft59%
Jabal Ali First304+49.0%AED 697.46MAED 1.88MAED 651/sqft25%
Al Merkadh281+117.8%AED 583.16MAED 1.27MAED 1,675/sqft86%
Al Hebiah Fourth265-56.1%AED 461.24MAED 1.84MAED 901/sqft57%
Al Thanyah Fifth228-30.1%AED 359.19MAED 788KAED 948/sqft26%
Al Khairan First213-8.2%AED 685.73MAED 2.88MAED 1,895/sqft64%
Hadaeq Sheikh Mohammed Bin Rashid209-21.4%AED 1.10BAED 2.57MAED 1,231/sqft41%
Palm Jumeirah157-17.8%AED 1.27BAED 3.90MAED 2,547/sqft32%
Al Yelayiss 2152+60.0%AED 258.60MAED 1.71MAED 826/sqft80%
Al Warsan First127-2.3%AED 50.11MAED 294KAED 444/sqft5%
Al Safouh Second109+28.2%AED 368.94MAED 2.96MAED 2,264/sqft89%

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 1.51B542
Palm JumeirahAED 1.27B157
Burj KhalifaAED 1.13B327
Hadaeq Sheikh Mohammed Bin RashidAED 1.10B209
Al Hebiah FifthAED 1.09B79
Wadi Al Safa 5AED 830.58M321
Business BayAED 797.78M501
Jabal Ali FirstAED 697.46M304
Al Khairan FirstAED 685.73M213
Al MerkadhAED 583.16M281

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
Al Merkadh281+117.8%
Al Yelayiss 2152+60.0%
Al Hebiah Fourth265-56.1%
Madinat Al Mataar50-55.4%
Jabal Ali First304+49.0%
Al Hebiah Third85-47.9%
Business Bay501-43.4%
Me'Aisem First50-38.3%
Al Thanyah Fifth228-30.1%
Al Safouh Second109+28.2%

The largest sales of December 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
22 Dec 2021Al Hebiah Fifth—LandExisting PropertiesNot specified20,194,452 sqftAED 38/sqftAED 758,020,283
21 Dec 2021Al Hebiah Fifth—LandExisting PropertiesNot specified7,026,601 sqftAED 38/sqftAED 263,750,944
22 Dec 2021Palm Deira—Palm DeiraLandExisting PropertiesNot specified295,900 sqftAED 507/sqftAED 150,021,320
22 Dec 2021Hadaeq Sheikh Mohammed Bin Rashid—HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7LandExisting PropertiesNot specified323,628 sqftAED 319/sqftAED 103,184,475
23 Dec 2021Island 2BV MansionsJumeira BayVillaExisting PropertiesNot specified17,349 sqftAED 5,303/sqftAED 92,000,000
23 Dec 2021Island 2—Jumeira BayLandExisting PropertiesNot specified24,070 sqftAED 3,324/sqftAED 80,000,000
28 Dec 2021Jabal Ali First—Al FurjanLandExisting PropertiesNot specified249,046 sqftAED 319/sqftAED 79,500,000
27 Dec 2021Island 2—Jumeira BayLandExisting PropertiesNot specified24,110 sqftAED 3,020/sqftAED 72,800,000
15 Dec 2021Nadd Hessa—Silicon OasisBuildingExisting PropertiesNot specified46,775 sqftAED 1,518/sqftAED 71,000,000
20 Dec 2021Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified14,672 sqftAED 4,090/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.