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Monthly report

Dubai property market — January 2022

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2022. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales5,609Registered in January 2022up80.4% vs a year earlier
Total valueAED 16.12BRegistered in January 2022Across 92 communities
Price per sqftAED 1,105/sqftMedian across January 2022up26.9% vs a year earlier
Sale priceAED 1.56MMedian across January 202247% sold off-plan

In a sentence

The Land Department registered 5,609 property sales in January 2022, worth AED 16.12B in total, across 92 communities. That is 80% more than the same month a year earlier.

The median sale was AED 1,558,888 at AED 1,105/sqft, 26.9% above the same month last year. 47% of sales were off-plan.

Business Bay was the busiest community with 565 registered sales, while Marsa Dubai took the most money at AED 3.16B.

Against the previous month, Al Hebiah Fifth rose 391% to 388 sales, while Al Hebiah Fourth fell 53% to 124.

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 January 2022, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay565+12.8%AED 1.20BAED 1.07MAED 1,467/sqft60%
Marsa Dubai525-3.1%AED 3.16BAED 2.52MAED 2,474/sqft59%
Jabal Ali First391+28.6%AED 626.67MAED 1.82MAED 722/sqft27%
Al Hebiah Fifth388+391.1%AED 982.66MAED 1.67MAED 1,075/sqft0%
Al Merkadh353+25.6%AED 625.53MAED 1.20MAED 1,676/sqft93%
Al Barsha South Fourth350-1.7%AED 289.70MAED 725KAED 888/sqft48%
Wadi Al Safa 5304-5.3%AED 682.88MAED 1.72MAED 843/sqft78%
Burj Khalifa244-25.4%AED 891.85MAED 2.65MAED 2,248/sqft44%
Al Barshaa South Third241+148.5%AED 164.92MAED 644KAED 1,152/sqft77%
Al Khairan First216+1.4%AED 573.73MAED 2.34MAED 1,813/sqft71%
Al Thanyah Fifth172-24.6%AED 335.97MAED 1.05MAED 891/sqft8%
Hadaeq Sheikh Mohammed Bin Rashid158-24.4%AED 639.79MAED 2.47MAED 1,420/sqft42%
Palm Jumeirah135-14.0%AED 1.68BAED 4.00MAED 2,457/sqft35%
Wadi Al Safa 7133+47.8%AED 205.23MAED 940KAED 794/sqft61%
Al Hebiah Fourth124-53.2%AED 237.41MAED 1.63MAED 792/sqft42%

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 3.16B525
Palm JumeirahAED 1.68B135
Business BayAED 1.20B565
Al Hebiah FifthAED 982.66M388
Burj KhalifaAED 891.85M244
Wadi Al Safa 5AED 682.88M304
Hadaeq Sheikh Mohammed Bin RashidAED 639.79M158
Jabal Ali FirstAED 626.67M391
Al MerkadhAED 625.53M353
Al Khairan FirstAED 573.73M216

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 Hebiah Fifth388+391.1%
Al Barshaa South Third241+148.5%
Madinat Al Mataar115+130.0%
Al Hebiah Fourth124-53.2%
Wadi Al Safa 7133+47.8%
Al Yelayiss 282-46.1%
Al Hebiah Third60-29.4%
Jabal Ali First391+28.6%
Me'Aisem First64+28.0%
Al Warsan First94-26.0%

The largest sales of January 2022

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
10 Jan 2022Palm Jumeirah—Palm JumeirahBuildingExisting PropertiesNot specified507,475 sqftAED 985/sqftAED 500,100,000
7 Jan 2022Marsa DubaiGrand Bleu Tower interiors by Elie SaabDubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 7,181/sqftAED 494,710,000
7 Jan 2022Marsa DubaiMARINA VISTADubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 5,830/sqftAED 401,620,000
7 Jan 2022Marsa DubaiPalace Beach ResidenceDubai HarbourLandExisting PropertiesNot specified68,889 sqftAED 5,349/sqftAED 368,510,000
7 Jan 2022Marsa DubaiBEACH ISLEDubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 4,196/sqftAED 289,030,000
26 Jan 2022Business BayPLATINUM TOWERBusiness BayBuildingExisting PropertiesNot specified112,496 sqftAED 2,400/sqftAED 270,000,000
21 Jan 2022Al Hebiah Fifth—DAMAC LagoonsLandExisting PropertiesNot specified3,448,999 sqftAED 55/sqftAED 190,000,000
18 Jan 2022Palm Jumeirah—Palm JumeirahVillaExisting PropertiesNot specified14,966 sqftAED 5,813/sqftAED 87,000,000
14 Jan 2022Island 2—Jumeira BayLandExisting PropertiesNot specified23,313 sqftAED 3,217/sqftAED 75,000,000
14 Jan 2022Island 2—LandExisting PropertiesNot specified23,313 sqftAED 3,217/sqftAED 75,000,000

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.