← All reports

Quarterly report

Dubai property market — Q4 2021

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q4 2021. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales17,513Registered in Q4 2021up58.8% vs a year earlier
Total valueAED 46.15BRegistered in Q4 2021Across 127 communities
Price per sqftAED 1,067/sqftMedian across Q4 2021up20.2% vs a year earlier
Sale priceAED 1.63MMedian across Q4 202143% sold off-plan

In a sentence

The Land Department registered 17,513 property sales in Q4 2021, worth AED 46.15B in total, across 127 communities. That is 59% more than the same quarter a year earlier.

The median sale was AED 1,630,157 at AED 1,067/sqft, 20.2% above the same quarter last year. 43% of sales were off-plan.

Business Bay was the busiest community with 1,865 registered sales, while Marsa Dubai took the most money at AED 4.95B.

Against the previous quarter, Al Yufrah 1 rose 255% to 429 sales, while Nad Al Shiba First fell 63% to 72.

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 Q4 2021, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay1,865+41.2%AED 2.86BAED 1.03MAED 1,407/sqft55%
Marsa Dubai1,757+6.4%AED 4.95BAED 2.19MAED 2,295/sqft51%
Al Hebiah Fourth1,119+72.7%AED 2.87BAED 2.15MAED 929/sqft55%
Wadi Al Safa 51,074+6.4%AED 2.44BAED 1.87MAED 853/sqft65%
Al Barsha South Fourth980-2.8%AED 883.33MAED 645KAED 861/sqft34%
Burj Khalifa863+35.3%AED 3.38BAED 2.65MAED 2,210/sqft49%
Al Thanyah Fifth805-17.0%AED 1.19BAED 792KAED 902/sqft19%
Hadaeq Sheikh Mohammed Bin Rashid676-4.5%AED 3.39BAED 2.15MAED 1,288/sqft45%
Al Khairan First656+140.3%AED 1.95BAED 2.80MAED 1,808/sqft63%
Jabal Ali First604+32.7%AED 1.17BAED 1.72MAED 686/sqft23%
Al Merkadh550-27.7%AED 1.27BAED 1.27MAED 1,651/sqft81%
Al Hebiah Third469+9.8%AED 1.01BAED 1.87MAED 1,153/sqft19%
Palm Jumeirah455-6.8%AED 3.42BAED 3.19MAED 2,443/sqft38%
Al Yufrah 1429+254.5%AED 640.58MAED 1.44MAED 728/sqft100%
Al Warsan First408+20.4%AED 168.82MAED 300KAED 464/sqft10%

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 4.95B1,757
Palm JumeirahAED 3.42B455
Hadaeq Sheikh Mohammed Bin RashidAED 3.39B676
Burj KhalifaAED 3.38B863
Al Hebiah FourthAED 2.87B1,119
Business BayAED 2.86B1,865
Wadi Al Safa 5AED 2.44B1,074
Al Khairan FirstAED 1.95B656
Al Hebiah FifthAED 1.57B111
Al MerkadhAED 1.27B550

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
Al Yufrah 1429+254.5%
Al Khairan First656+140.3%
Wadi Al Safa 3241+89.8%
Al Hebiah Fourth1,119+72.7%
Al Yelayiss 2272+62.9%
Nad Al Shiba First72-62.5%
Nad Al Shiba Third176+60.0%
Um Suqaim Third67-59.1%
Dubai Investment Park First51-56.8%
Al Hebiah First92-51.8%

The largest sales of Q4 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 FifthLandExisting PropertiesNot specified20,194,452 sqftAED 38/sqftAED 758,020,283
21 Dec 2021Al Hebiah FifthLandExisting PropertiesNot specified7,026,601 sqftAED 38/sqftAED 263,750,944
11 Nov 2021Me'Aisem FirstInternational Media Production ZoneLandExisting PropertiesNot specified108,794 sqftAED 2,137/sqftAED 232,505,000
14 Oct 2021Al Hebiah FifthLandExisting PropertiesNot specified5,420,700 sqftAED 33/sqftAED 180,527,000
22 Dec 2021Palm DeiraPalm DeiraLandExisting PropertiesNot specified295,900 sqftAED 507/sqftAED 150,021,320
8 Nov 2021Me'Aisem FirstInternational Media Production ZoneLandExisting PropertiesNot specified596,739 sqftAED 235/sqftAED 140,353,248
9 Nov 2021Zaabeel SecondBusiness ParkLandExisting PropertiesNot specified308,571 sqftAED 437/sqftAED 134,722,098
24 Nov 2021Al Hebiah FifthLandExisting PropertiesNot specified3,503,582 sqftAED 38/sqftAED 131,388,712
10 Nov 2021Palm JumeirahLandExisting PropertiesNot specified192,881 sqftAED 665/sqftAED 128,296,500
24 Nov 2021Al Hebiah FifthDAMAC LagoonsLandExisting PropertiesNot specified3,301,490 sqftAED 38/sqftAED 123,809,978

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.