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Monthly report

Dubai property market — July 2022

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

Sales7,148Registered in July 2022up64.9% vs a year earlier
Total valueAED 21.12BRegistered in July 2022Across 107 communities
Price per sqftAED 1,168/sqftMedian across July 2022up14.6% vs a year earlier
Sale priceAED 1.57MMedian across July 202242% sold off-plan

In a sentence

The Land Department registered 7,148 property sales in July 2022, worth AED 21.12B in total, across 107 communities. That is 65% more than the same month a year earlier.

The median sale was AED 1,569,705 at AED 1,168/sqft, 14.6% above the same month last year. 42% of sales were off-plan.

Business Bay was the busiest community with 768 registered sales, while Me'Aisem Second took the most money at AED 2.27B.

Against the previous month, Al Yelayiss 2 rose 125% to 155 sales, while Al Jadaf fell 52% to 154.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay768+21.1%AED 1.35BAED 1.23MAED 1,707/sqft50%
Burj Khalifa634-20.4%AED 1.92BAED 2.03MAED 2,184/sqft75%
Marsa Dubai565-20.9%AED 1.69BAED 2.25MAED 2,030/sqft37%
Al Hebiah Fifth488-32.6%AED 1.14BAED 1.79MAED 1,129/sqft2%
Jabal Ali First358-21.0%AED 608.93MAED 1.20MAED 840/sqft35%
Al Khairan First308-17.6%AED 566.45MAED 1.45MAED 1,690/sqft79%
Al Barsha South Fourth300-35.1%AED 399.09MAED 724KAED 920/sqft26%
Hadaeq Sheikh Mohammed Bin Rashid281+4.1%AED 889.06MAED 1.25MAED 1,546/sqft56%
Al Merkadh239-1.6%AED 760.51MAED 1.41MAED 1,582/sqft79%
Al Thanyah Fifth232-42.6%AED 491.54MAED 1.05MAED 851/sqft9%
Al Wasl219+3.3%AED 614.08MAED 2.41MAED 2,095/sqft95%
Palm Jumeirah195-18.8%AED 1.89BAED 2.55MAED 2,699/sqft28%
Al Warsan First193+8.4%AED 74.60MAED 308KAED 454/sqft0%
Al Barshaa South Third181+25.7%AED 138.73MAED 580KAED 1,015/sqft65%
Wadi Al Safa 5173-34.2%AED 405.56MAED 1.94MAED 831/sqft48%

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
Me'Aisem SecondAED 2.27B3
Burj KhalifaAED 1.92B634
Palm JumeirahAED 1.89B195
Marsa DubaiAED 1.69B565
Business BayAED 1.35B768
Al Hebiah FifthAED 1.14B488
Hadaeq Sheikh Mohammed Bin RashidAED 889.06M281
Al MerkadhAED 760.51M239
Al WaslAED 614.08M219
Jabal Ali FirstAED 608.93M358

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 Yelayiss 2155+124.6%
Um Suqaim Third147+79.3%
Al Hebiah Third128+56.1%
Al Jadaf154-51.6%
Madinat Al Mataar146-45.5%
Al Thanyah Fifth232-42.6%
Al Hebiah Fourth103-42.1%
Wadi Al Safa 786-40.7%
Al Yufrah 286+38.7%
Me'Aisem First88-36.7%

The largest sales of July 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
4 Jul 2022Me'Aisem SecondLandExisting PropertiesNot specified32,018,664 sqftAED 47/sqftAED 1,500,000,000
4 Jul 2022Me'Aisem SecondLandExisting PropertiesNot specified19,037,573 sqftAED 22/sqftAED 423,939,444
4 Jul 2022Me'Aisem SecondLandExisting PropertiesNot specified7,485,897 sqftAED 46/sqftAED 346,393,087
5 Jul 2022Palm JumeirahPalm JumeirahLandExisting PropertiesNot specified28,247 sqftAED 10,709/sqftAED 302,500,000
6 Jul 2022Business BayBugatti Residences by BinghattiBusiness BayLandExisting PropertiesNot specified140,948 sqftAED 1,192/sqftAED 168,000,000
21 Jul 2022Burj KhalifaSOLARA TOWER DUBAIDownTown DubaiLandExisting PropertiesNot specified56,022 sqftAED 2,983/sqftAED 167,093,803
7 Jul 2022Al Yufrah 1LandExisting PropertiesNot specified7,986,473 sqftAED 18/sqftAED 146,152,547
5 Jul 2022Al ButeenBuildingExisting PropertiesNot specified9,423 sqftAED 14,433/sqftAED 136,000,000
28 Jul 2022Hadaeq Sheikh Mohammed Bin Rashid399 Hills Park BDubai Hills EstateLandExisting PropertiesNot specified77,928 sqftAED 1,290/sqftAED 100,526,760
27 Jul 2022Hadaeq Sheikh Mohammed Bin RashidThe Fairway at Dubai HillsDUBAI HILLS - FAIRWAYSLandExisting PropertiesNot specified34,623 sqftAED 2,599/sqftAED 90,000,000

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.