Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
Public records · Dubai Land Department
Monthly report
Dubai property market — December 2022
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside December 2022. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
In a sentence
The Land Department registered 8,969 property sales in December 2022, worth AED 25.15B in total, across 122 communities. That is 64% more than the same month a year earlier.
The median sale was AED 1,600,000 at AED 1,361/sqft, 26.2% above the same month last year. 48% of sales were off-plan.
Al Merkadh was the busiest community with 964 registered sales, while Marsa Dubai took the most money at AED 2.80B.
Against the previous month, Al Thanyah Third rose 339% to 294 sales, while Hadaeq Sheikh Mohammed Bin Rashid fell 61% to 202.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in December 2022, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Al Merkadh | 964 | +4.8% | 1.52B | 1.13M | 1,893/sqft | 92% |
| Business Bay | 828 | -22.0% | 1.81B | 1.30M | 1,950/sqft | 58% |
| Marsa Dubai | 790 | -1.1% | 2.80B | 2.24M | 2,242/sqft | 49% |
| Al Barsha South Fourth | 615 | -8.5% | 600.98M | 751K | 946/sqft | 48% |
| Al Hebiah Fifth | 476 | +8.7% | 1.32B | 2.06M | 1,226/sqft | 1% |
| Al Thanyah Fifth | 339 | -11.5% | 723.92M | 1.12M | 1,007/sqft | 37% |
| Palm Jumeirah | 333 | -53.8% | 2.56B | 3.91M | 3,182/sqft | 50% |
| Jabal Ali First | 316 | -60.6% | 699.61M | 1.72M | 851/sqft | 9% |
| Al Khairan First | 310 | -7.5% | 753.01M | 2.15M | 1,934/sqft | 75% |
| Al Thanyah Third | 294 | +338.8% | 759.07M | 2.48M | 1,843/sqft | 78% |
| Burj Khalifa | 289 | -24.3% | 1.09B | 2.55M | 2,451/sqft | 43% |
| Al Wasl | 227 | -42.7% | 719.02M | 2.71M | 2,135/sqft | 84% |
| Wadi Al Safa 5 | 222 | -33.9% | 384.34M | 1.75M | 861/sqft | 56% |
| Hadaeq Sheikh Mohammed Bin Rashid | 202 | -61.3% | 765.72M | 1.85M | 1,691/sqft | 38% |
| Al Hebiah Third | 192 | -6.8% | 289.09M | 826K | 1,073/sqft | 21% |
Where the money went
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| Marsa Dubai | 2.80B | 790 |
| Palm Jumeirah | 2.56B | 333 |
| Business Bay | 1.81B | 828 |
| Al Merkadh | 1.52B | 964 |
| Al Hebiah Fifth | 1.32B | 476 |
| Burj Khalifa | 1.09B | 289 |
| Al Hebiah Fourth | 800.92M | 173 |
| Hadaeq Sheikh Mohammed Bin Rashid | 765.72M | 202 |
| Al Thanyah Third | 759.07M | 294 |
| Al Khairan First | 753.01M | 310 |
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.
| Community | Sales | Change |
|---|---|---|
| Al Thanyah Third | 294 | +338.8% |
| Hadaeq Sheikh Mohammed Bin Rashid | 202 | -61.3% |
| Jabal Ali First | 316 | -60.6% |
| Al Barsha South Fifth | 54 | -58.8% |
| Palm Jumeirah | 333 | -53.8% |
| Al Wasl | 227 | -42.7% |
| Nadd Hessa | 123 | -38.8% |
| Wadi Al Safa 3 | 79 | -37.3% |
| Wadi Al Safa 5 | 222 | -33.9% |
| Al Hebiah Sixth | 121 | -33.5% |
The largest sales of December 2022
Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.
| Date | Community | Project / building | Type | Beds | Size | Price/sqft | Price |
|---|---|---|---|---|---|---|---|
| 29 Dec 2022 | Trade Center Second | AHS TOWER | BuildingCommercial · Existing Properties | Not specified | 10,000 sqft | AED 33,620/sqft | AED 336,200,000 |
| 20 Dec 2022 | Jumeirah First | — | BuildingResidential · Existing Properties | Not specified | 210,530 sqft | AED 1,497/sqft | AED 315,100,000 |
| 6 Dec 2022 | Marsa Dubai | Aeternitas TowerDubai Marina | LandResidential · Existing Properties | Not specified | 37,678 sqft | AED 7,051/sqft | AED 265,685,000 |
| 28 Dec 2022 | Marsa Dubai | Sobha Seahaven Tower ADubai Harbour | LandResidential · Existing Properties | Not specified | 34,983 sqft | AED 6,566/sqft | AED 229,712,000 |
| 22 Dec 2022 | Business Bay | —Business Bay | BuildingResidential · Existing Properties | Not specified | 52,249 sqft | AED 3,502/sqft | AED 183,000,000 |
| 27 Dec 2022 | Jabal Ali Industrial First | —JABAL ALI INDUSTRIAL DEVELOPMENT | LandOther · Existing Properties | Not specified | 1,500,039 sqft | AED 117/sqft | AED 175,000,000 |
| 29 Dec 2022 | Business Bay | Trillionaire Residences by BinghattiBusiness Bay | LandResidential · Existing Properties | Not specified | 50,648 sqft | AED 2,371/sqft | AED 120,095,834 |
| 20 Dec 2022 | Business Bay | THE CRESTMARKBusiness Bay | LandResidential · Existing Properties | Not specified | 46,833 sqft | AED 2,135/sqft | AED 100,000,000 |
| 21 Dec 2022 | Al Safouh First | —Sufouh Gardens | LandCommercial · Existing Properties | Not specified | 58,160 sqft | AED 1,659/sqft | AED 96,500,000 |
| 28 Dec 2022 | Palm Jumeirah | —Palm Jumeirah | LandCommercial · Existing Properties | Not specified | 15,837 sqft | AED 5,999/sqft | AED 95,000,000 |
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. Refresh times vary by dataset; records shown here are not a live feed.