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Quarterly report

Dubai property market — Q3 2021

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2021. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales15,522Registered in Q3 2021up98.3% vs a year earlier
Total valueAED 41.67BRegistered in Q3 2021Across 124 communities
Price per sqftAED 1,013/sqftMedian across Q3 2021up21.5% vs a year earlier
Sale priceAED 1.52MMedian across Q3 202142% sold off-plan

In a sentence

The Land Department registered 15,522 property sales in Q3 2021, worth AED 41.67B in total, across 124 communities. That is 98% more than the same quarter a year earlier.

The median sale was AED 1,518,072 at AED 1,013/sqft, 21.5% above the same quarter last year. 42% of sales were off-plan.

Marsa Dubai was the busiest community with 1,652 registered sales, and also took the most money at AED 5.06B.

Against the previous quarter, Madinat Al Mataar rose 231% to 377 sales, while Dubai Investment Park First fell 56% to 118.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q3 2021, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai1,652+10.8%AED 5.06BAED 2.14MAED 2,176/sqft53%
Business Bay1,321+53.6%AED 2.22BAED 1.21MAED 1,500/sqft39%
Wadi Al Safa 51,009+90.7%AED 2.05BAED 1.75MAED 807/sqft82%
Al Barsha South Fourth1,008+9.9%AED 757.50MAED 636KAED 832/sqft46%
Al Thanyah Fifth970-19.2%AED 1.24BAED 787KAED 982/sqft47%
Al Merkadh761-10.6%AED 1.64BAED 1.19MAED 1,687/sqft89%
Hadaeq Sheikh Mohammed Bin Rashid708-35.9%AED 3.86BAED 2.80MAED 1,222/sqft40%
Al Hebiah Fourth648+6.8%AED 1.11BAED 1.60MAED 946/sqft59%
Burj Khalifa638+1.9%AED 2.29BAED 2.25MAED 1,850/sqft39%
Palm Jumeirah488-6.7%AED 3.99BAED 2.53MAED 2,322/sqft44%
Jabal Ali First455+76.4%AED 1.05BAED 2.16MAED 618/sqft6%
Al Hebiah Third427-15.9%AED 818.77MAED 1.68MAED 1,053/sqft19%
Madinat Al Mataar377+230.7%AED 594.81MAED 1.15MAED 657/sqft64%
Al Warsan First339-34.9%AED 171.82MAED 310KAED 449/sqft15%
Al Khairan First273+135.3%AED 778.75MAED 2.78MAED 1,815/sqft61%

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 5.06B1,652
Palm JumeirahAED 3.99B488
Hadaeq Sheikh Mohammed Bin RashidAED 3.86B708
Burj KhalifaAED 2.29B638
Business BayAED 2.22B1,321
Wadi Al Safa 5AED 2.05B1,009
Al MerkadhAED 1.64B761
Jumeirah FirstAED 1.38B249
Al Thanyah FifthAED 1.24B970
Al Hebiah FourthAED 1.11B648

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Madinat Al Mataar377+230.7%
Al Yufrah 2155+171.9%
Al Khairan First273+135.3%
Al Yufrah 3169+119.5%
Wadi Al Safa 51,009+90.7%
Jabal Ali First455+76.4%
Jumeirah First249+60.6%
Dubai Investment Park First118-56.5%
Business Bay1,321+53.6%
Al Yelayiss 2167-52.3%

The largest sales of Q3 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
2 Sept 2021Marsa DubaiSensoria at Five LuxeLandExisting PropertiesNot specified214,271 sqftAED 3,073/sqftAED 658,500,001
14 Sept 2021Palm JumeirahSERENIA LIVINGPalm JumeirahLandExisting PropertiesNot specified341,345 sqftAED 1,488/sqftAED 508,000,000
31 Aug 2021Al Murqabat—LandExisting PropertiesNot specified44,030 sqftAED 7,381/sqftAED 325,000,000
23 Sept 2021Al Hebiah Fifth—DAMAC LagoonsLandExisting PropertiesNot specified5,076,230 sqftAED 38/sqftAED 190,563,189
26 Jul 2021Island 2—Jumeira BayLandExisting PropertiesNot specified23,934 sqftAED 5,056/sqftAED 121,000,000
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
14 Jul 2021Jumeirah First—LA MERLandExisting PropertiesNot specified95,740 sqftAED 935/sqftAED 89,563,447
7 Jul 2021Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills Grove CommunityDUBAI HILLS - HILLS GROVELandExisting PropertiesNot specified41,333 sqftAED 2,081/sqftAED 86,000,000

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.