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Monthly report

Dubai property market — April 2022

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

Sales6,786Registered in April 2022up42.8% vs a year earlier
Total valueAED 17.68BRegistered in April 2022Across 95 communities
Price per sqftAED 1,134/sqftMedian across April 2022up26% vs a year earlier
Sale priceAED 1.57MMedian across April 202238% sold off-plan

In a sentence

The Land Department registered 6,786 property sales in April 2022, worth AED 17.68B in total, across 95 communities. That is 43% more than the same month a year earlier.

The median sale was AED 1,569,000 at AED 1,134/sqft, 26% above the same month last year. 38% of sales were off-plan.

Business Bay was the busiest community with 650 registered sales, while Palm Jumeirah took the most money at AED 1.74B.

Against the previous month, Al Barshaa South Third rose 27% to 198 sales, while Al Wasl fell 65% to 90.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay650-26.8%AED 876.45MAED 1.00MAED 1,694/sqft57%
Marsa Dubai582-13.0%AED 1.63BAED 2.08MAED 2,023/sqft28%
Al Hebiah Fifth507-23.4%AED 1.12BAED 1.72MAED 1,101/sqft0%
Al Barsha South Fourth474-9.9%AED 486.82MAED 705KAED 946/sqft36%
Burj Khalifa405-8.4%AED 1.31BAED 2.43MAED 2,503/sqft50%
Wadi Al Safa 5374+3.3%AED 857.69MAED 1.95MAED 964/sqft69%
Al Merkadh320-25.9%AED 1.31BAED 1.55MAED 1,675/sqft66%
Al Khairan First307-12.8%AED 706.18MAED 2.24MAED 1,766/sqft79%
Al Thanyah Fifth246-6.8%AED 514.22MAED 1.00MAED 839/sqft7%
Hadaeq Sheikh Mohammed Bin Rashid211-27.0%AED 852.95MAED 1.61MAED 1,369/sqft40%
Jabal Ali First207-14.1%AED 421.46MAED 810KAED 741/sqft16%
Palm Jumeirah204-18.7%AED 1.74BAED 3.04MAED 2,313/sqft16%
Al Barshaa South Third198+26.9%AED 164.29MAED 641KAED 1,170/sqft75%
Madinat Al Mataar173+15.3%AED 250.57MAED 1.47MAED 540/sqft81%
Al Hebiah Fourth138-47.5%AED 258.49MAED 693KAED 757/sqft32%

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
Palm JumeirahAED 1.74B204
Marsa DubaiAED 1.63B582
Al MerkadhAED 1.31B320
Burj KhalifaAED 1.31B405
Al Hebiah FifthAED 1.12B507
Business BayAED 876.45M650
Wadi Al Safa 5AED 857.69M374
Hadaeq Sheikh Mohammed Bin RashidAED 852.95M211
Al Khairan FirstAED 706.18M307
Al Thanyah FifthAED 514.22M246

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 Wasl90-65.0%
Wadi Al Safa 352-51.4%
Al Hebiah Fourth138-47.5%
Al Warsan First136-37.6%
Hadaeq Sheikh Mohammed Bin Rashid211-27.0%
Al Barshaa South Third198+26.9%
Business Bay650-26.8%
Al Merkadh320-25.9%
Wadi Al Safa 798-24.6%
Al Hebiah Fifth507-23.4%

The largest sales of April 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
1 Apr 2022Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified27,544 sqftAED 10,166/sqftAED 280,000,000
14 Apr 2022Ras Al Khor Industrial First—LandExisting PropertiesNot specified1,557,273 sqftAED 115/sqftAED 179,549,393
14 Apr 2022Al Merkadh—Meydan One CommunityLandExisting PropertiesNot specified1,336,580 sqftAED 114/sqftAED 152,949,483
27 Apr 2022Marsa DubaiMARINA 101Dubai MarinaHotelOff-Plan PropertiesNot specified351,588 sqftAED 367/sqftAED 129,050,000
11 Apr 2022Al Yufrah 3—LandExisting PropertiesNot specified6,999,997 sqftAED 15/sqftAED 105,050,000
22 Apr 2022Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills View CommunityDUBAI HILLS - HILLS VIEWLandExisting PropertiesNot specified34,961 sqftAED 2,746/sqftAED 96,000,000
29 Apr 2022Oud Metha—BuildingExisting PropertiesNot specified45,580 sqftAED 1,713/sqftAED 78,100,000
5 Apr 2022Hadaeq Sheikh Mohammed Bin RashidGolf Residences by FortimoDubai Hills EstateLandExisting PropertiesNot specified65,044 sqftAED 1,152/sqftAED 74,955,200
29 Apr 2022Business BayBurj Binghatti Jacob & Co. ResidencesBusiness BayLandExisting PropertiesNot specified41,042 sqftAED 1,760/sqftAED 72,238,726
26 Apr 2022Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified35,826 sqftAED 1,982/sqftAED 71,000,000

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.