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Monthly report

Dubai property market — September 2022

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

Sales8,582Registered in September 2022up52.4% vs a year earlier
Total valueAED 24.18BRegistered in September 2022Across 111 communities
Price per sqftAED 1,221/sqftMedian across September 2022up21.4% vs a year earlier
Sale priceAED 1.50MMedian across September 202252% sold off-plan

In a sentence

The Land Department registered 8,582 property sales in September 2022, worth AED 24.18B in total, across 111 communities. That is 52% more than the same month a year earlier.

The median sale was AED 1,499,712 at AED 1,221/sqft, 21.4% above the same month last year. 52% of sales were off-plan.

Business Bay was the busiest community with 1,148 registered sales, while Palm Jumeirah took the most money at AED 2.12B.

Against the previous month, Al Wasl rose 431% to 393 sales, while Madinat Al Mataar fell 61% to 153.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay1,148-1.5%AED 1.78BAED 1.32MAED 1,960/sqft70%
Hadaeq Sheikh Mohammed Bin Rashid593+273.0%AED 1.42BAED 1.77MAED 1,772/sqft82%
Al Barshaa South Third580+62.0%AED 394.02MAED 569KAED 1,159/sqft88%
Marsa Dubai537-13.7%AED 1.65BAED 2.19MAED 2,177/sqft40%
Jabal Ali First479-6.1%AED 936.99MAED 1.32MAED 973/sqft35%
Al Barsha South Fourth459-40.2%AED 609.03MAED 600KAED 932/sqft44%
Al Wasl393+431.1%AED 1.11BAED 3.15MAED 2,087/sqft92%
Al Hebiah Fifth339-56.9%AED 819.27MAED 1.78MAED 1,128/sqft1%
Al Merkadh322-51.2%AED 809.43MAED 1.32MAED 1,546/sqft72%
Burj Khalifa277-50.8%AED 901.46MAED 2.45MAED 2,360/sqft45%
Al Khairan First272-32.8%AED 588.00MAED 1.85MAED 1,938/sqft81%
Al Yufrah 1231+755.6%AED 652.82MAED 1.60MAED 829/sqft100%
Al Thanyah Fifth207-14.1%AED 455.13MAED 1.22MAED 877/sqft3%
Palm Jumeirah204-3.3%AED 2.12BAED 3.98MAED 2,710/sqft38%
Al Warsan First198-6.2%AED 101.40MAED 318KAED 473/sqft3%

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 2.12B204
Jumeirah SecondAED 1.86B18
Business BayAED 1.78B1,148
Marsa DubaiAED 1.65B537
Hadaeq Sheikh Mohammed Bin RashidAED 1.42B593
Madinat Al MataarAED 1.22B153
Al WaslAED 1.11B393
Jabal Ali FirstAED 936.99M479
Burj KhalifaAED 901.46M277
Al Hebiah FourthAED 859.36M184

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 Wasl393+431.1%
Hadaeq Sheikh Mohammed Bin Rashid593+273.0%
Nad Al Shiba First89+78.0%
Al Barshaa South Third580+62.0%
Nadd Hessa105+61.5%
Madinat Al Mataar153-61.4%
Al Jadaf138+58.6%
Al Hebiah Fifth339-56.9%
Al Merkadh322-51.2%
Burj Khalifa277-50.8%

The largest sales of September 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
13 Sept 2022Madinat Al Mataar—Dubai World CentralLandExisting PropertiesNot specified26,132,904 sqftAED 38/sqftAED 988,000,000
12 Sept 2022Al Yufrah 1—LandExisting PropertiesNot specified14,313,364 sqftAED 18/sqftAED 259,241,826
16 Sept 2022Al Safouh SecondTHE S TOWERSite ALandExisting PropertiesNot specified56,699 sqftAED 4,497/sqftAED 255,000,000
15 Sept 2022Jumeirah Second—LandExisting PropertiesNot specified73,743 sqftAED 2,452/sqftAED 180,848,209
15 Sept 2022Jumeirah Second—LandExisting PropertiesNot specified148,959 sqftAED 1,162/sqftAED 173,044,941
15 Sept 2022Jumeirah Second—LandExisting PropertiesNot specified59,134 sqftAED 2,546/sqftAED 150,545,372
27 Sept 2022Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified17,020 sqftAED 8,519/sqftAED 145,000,000
22 Sept 2022Um Suqaim ThirdJumeirah Living Marsa Al ArabFlatOff-Plan Properties5 B/R15,213 sqftAED 9,531/sqftAED 145,000,000
15 Sept 2022Jumeirah Second—LandExisting PropertiesNot specified77,817 sqftAED 1,834/sqftAED 142,713,117
15 Sept 2022Jumeirah Second—LandExisting PropertiesNot specified73,735 sqftAED 1,858/sqftAED 137,024,327

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.