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Quarterly report

Dubai property market — Q1 2022

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 2022. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales20,002Registered in Q1 2022up76% vs a year earlier
Total valueAED 54.15BRegistered in Q1 2022Across 131 communities
Price per sqftAED 1,126/sqftMedian across Q1 2022up26.3% vs a year earlier
Sale priceAED 1.55MMedian across Q1 202241% sold off-plan

In a sentence

The Land Department registered 20,002 property sales in Q1 2022, worth AED 54.15B in total, across 131 communities. That is 76% more than the same quarter a year earlier.

The median sale was AED 1,549,800 at AED 1,126/sqft, 26.3% above the same quarter last year. 41% of sales were off-plan.

Business Bay was the busiest community with 2,056 registered sales, while Marsa Dubai took the most money at AED 8.00B.

Against the previous quarter, Al Hebiah Fifth rose 1,186% to 1,427 sales, while Nad Al Shiba Third fell 63% to 65.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 2022, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay2,056+10.2%AED 3.24BAED 1.05MAED 1,553/sqft56%
Marsa Dubai1,620-7.8%AED 8.00BAED 2.25MAED 2,387/sqft46%
Al Hebiah Fifth1,427+1185.6%AED 3.14BAED 1.71MAED 1,083/sqft0%
Al Merkadh1,321+140.2%AED 3.33BAED 1.19MAED 1,534/sqft82%
Al Barsha South Fourth1,290+31.6%AED 1.08BAED 700KAED 913/sqft46%
Jabal Ali First1,055+74.7%AED 1.90BAED 1.82MAED 722/sqft21%
Wadi Al Safa 51,009-6.1%AED 2.28BAED 1.76MAED 850/sqft67%
Burj Khalifa916+6.1%AED 3.26BAED 2.40MAED 2,233/sqft47%
Al Khairan First797+21.5%AED 1.96BAED 2.24MAED 1,803/sqft78%
Hadaeq Sheikh Mohammed Bin Rashid695+2.8%AED 2.81BAED 1.90MAED 1,407/sqft40%
Al Thanyah Fifth616-23.5%AED 1.21BAED 1.10MAED 889/sqft8%
Al Barshaa South Third546+122.9%AED 394.20MAED 645KAED 1,132/sqft67%
Palm Jumeirah500+9.9%AED 4.34BAED 3.21MAED 2,166/sqft19%
Al Hebiah Fourth495-55.8%AED 1.63BAED 1.84MAED 929/sqft24%
Al Warsan First455+11.5%AED 191.57MAED 295KAED 454/sqft6%

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
Marsa DubaiAED 8.00B1,620
Palm JumeirahAED 4.34B500
Al MerkadhAED 3.33B1,321
Burj KhalifaAED 3.26B916
Business BayAED 3.24B2,056
Al Hebiah FifthAED 3.14B1,427
Hadaeq Sheikh Mohammed Bin RashidAED 2.81B695
Wadi Al Safa 5AED 2.28B1,009
Al Khairan FirstAED 1.96B797
Jabal Ali FirstAED 1.90B1,055

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Al Hebiah Fifth1,427+1185.6%
Al Wasl301+189.4%
Al Merkadh1,321+140.2%
Al Barshaa South Third546+122.9%
Dubai Investment Park First104+103.9%
Al Thanyah First124+93.8%
Jabal Ali First1,055+74.7%
Nad Al Shiba Third65-63.1%
Al Thanyah Third202+61.6%
Al Barsha South Fifth104+60.0%

The largest sales of Q1 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
25 Feb 2022Marsa DubaiBeachgate by AddressDubai HarbourLandExisting PropertiesNot specified96,038 sqftAED 5,580/sqftAED 535,920,000
10 Jan 2022Palm JumeirahPalm JumeirahBuildingExisting PropertiesNot specified507,475 sqftAED 985/sqftAED 500,100,000
7 Jan 2022Marsa DubaiGrand Bleu Tower interiors by Elie SaabDubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 7,181/sqftAED 494,710,000
25 Feb 2022Marsa DubaiAddress The BayDubai HarbourLandExisting PropertiesNot specified83,825 sqftAED 5,688/sqftAED 476,810,000
3 Mar 2022Marsa DubaiBeach MansionDubai HarbourLandExisting PropertiesNot specified68,889 sqftAED 5,994/sqftAED 412,950,000
7 Jan 2022Marsa DubaiMARINA VISTADubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 5,830/sqftAED 401,620,000
7 Jan 2022Marsa DubaiPalace Beach ResidenceDubai HarbourLandExisting PropertiesNot specified68,889 sqftAED 5,349/sqftAED 368,510,000
7 Jan 2022Marsa DubaiBEACH ISLEDubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 4,196/sqftAED 289,030,000
26 Jan 2022Business BayPLATINUM TOWERBusiness BayBuildingExisting PropertiesNot specified112,496 sqftAED 2,400/sqftAED 270,000,000
22 Feb 2022Palm JumeirahArmani Beach Residences At Palm JumeirahPalm JumeirahLandExisting PropertiesNot specified220,987 sqftAED 1,086/sqftAED 240,000,000

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.