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Monthly report

Dubai property market — August 2022

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

Sales9,432Registered in August 2022up69.8% vs a year earlier
Total valueAED 23.58BRegistered in August 2022Across 97 communities
Price per sqftAED 1,146/sqftMedian across August 2022up12.7% vs a year earlier
Sale priceAED 1.51MMedian across August 202244% sold off-plan

In a sentence

The Land Department registered 9,432 property sales in August 2022, worth AED 23.58B in total, across 97 communities. That is 70% more than the same month a year earlier.

The median sale was AED 1,506,888 at AED 1,146/sqft, 12.7% above the same month last year. 44% of sales were off-plan.

Business Bay was the busiest community with 1,166 registered sales, while Al Hebiah Fifth took the most money at AED 2.07B.

Against the previous month, Al Merkadh rose 176% to 660 sales, while Al Wasl fell 66% to 74.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay1,166+51.8%AED 1.96BAED 1.25MAED 1,821/sqft55%
Al Hebiah Fifth786+61.1%AED 2.07BAED 1.84MAED 1,138/sqft3%
Al Barsha South Fourth767+155.7%AED 596.71MAED 600KAED 992/sqft61%
Al Merkadh660+176.2%AED 1.31BAED 1.19MAED 1,555/sqft89%
Marsa Dubai622+10.1%AED 1.99BAED 2.34MAED 2,297/sqft47%
Burj Khalifa563-11.2%AED 1.87BAED 2.60MAED 2,576/sqft65%
Jabal Ali First510+42.5%AED 1.18BAED 1.95MAED 823/sqft19%
Al Khairan First405+31.5%AED 784.51MAED 1.73MAED 1,756/sqft76%
Madinat Al Mataar396+171.2%AED 736.59MAED 1.84MAED 638/sqft79%
Al Barshaa South Third358+97.8%AED 263.41MAED 569KAED 1,109/sqft77%
Wadi Al Safa 5254+46.8%AED 481.07MAED 1.60MAED 814/sqft54%
Al Thanyah Fifth241+3.9%AED 481.20MAED 1.15MAED 927/sqft5%
Al Warsan First211+9.3%AED 102.88MAED 305KAED 438/sqft1%
Palm Jumeirah211+8.2%AED 1.67BAED 3.10MAED 2,452/sqft18%
Al Hebiah Third199+55.5%AED 303.52MAED 1.00MAED 1,095/sqft15%

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
Al Hebiah FifthAED 2.07B786
Marsa DubaiAED 1.99B622
Business BayAED 1.96B1,166
Burj KhalifaAED 1.87B563
Palm JumeirahAED 1.67B211
Al MerkadhAED 1.31B660
Jabal Ali FirstAED 1.18B510
Hadaeq Sheikh Mohammed Bin RashidAED 822.10M159
Al Khairan FirstAED 784.51M405
Madinat Al MataarAED 736.59M396

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 Merkadh660+176.2%
Madinat Al Mataar396+171.2%
Al Barsha South Fourth767+155.7%
Al Barshaa South Third358+97.8%
Wadi Al Safa 7157+82.6%
Al Wasl74-66.2%
Al Hebiah Fifth786+61.1%
Um Suqaim Third63-57.1%
Me'Aisem First138+56.8%
Al Hebiah Third199+55.5%

The largest sales of August 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
18 Aug 2022Al WaslEden House The ParkDubai Water CanalLandExisting PropertiesNot specified366,286 sqftAED 1,093/sqftAED 400,178,000
11 Aug 2022Nadd Hessa—Silicon OasisLandExisting PropertiesNot specified1,038,994 sqftAED 339/sqftAED 352,413,136
29 Aug 2022Al Thanayah FourthEmirates HillsEmirates LivingBuildingExisting PropertiesNot specified37,406 sqftAED 5,614/sqftAED 210,000,000
19 Aug 2022Hadaeq Sheikh Mohammed Bin RashidDubai Hills - Hills View CommunityDUBAI HILLS - HILLS VIEWLandExisting PropertiesNot specified42,492 sqftAED 4,824/sqftAED 205,000,000
22 Aug 2022Palm JumeirahTHE ROYAL ATLANTIS,RESORT AND RESIDENCESPalm JumeirahFlatOff-Plan Properties5 B/R22,614 sqftAED 7,228/sqftAED 163,461,539
15 Aug 2022Palm JumeirahLUCEPalm JumeirahLandExisting PropertiesNot specified52,008 sqftAED 2,500/sqftAED 130,000,000
16 Aug 2022Burj KhalifaMercedes-Benz Places | BinghattiDownTown DubaiLandExisting PropertiesNot specified43,010 sqftAED 2,885/sqftAED 124,100,000
18 Aug 2022Madinat Dubai Almelaheyah—Dubai Maritime CityLandExisting PropertiesNot specified46,038 sqftAED 2,523/sqftAED 116,168,233
22 Aug 2022Island 2Bulgari Ocean MansionsJumeira BayLandExisting PropertiesNot specified13,986 sqftAED 8,223/sqftAED 115,000,000
22 Aug 2022Island 2Bulgari Ocean MansionsJumeira BayLandExisting PropertiesNot specified14,125 sqftAED 8,141/sqftAED 115,000,000

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.