Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
Public records · Dubai Land Department
Annual report
Dubai property market — 2023
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside 2023. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
In a sentence
The Land Department registered 132,037 property sales in 2023, worth AED 407.60B in total, across 166 communities. That is 38% more than the year before.
The median sale was AED 1,539,023 at AED 1,365/sqft, 13.9% above the year before. 51% of sales were off-plan.
Al Barsha South Fourth was the busiest community with 14,204 registered sales, while Marsa Dubai took the most money at AED 39.81B.
Against the previous year, Madinat Hind 4 rose 1,358% to 1,925 sales, while Al Yufrah 2 fell 92% to 68.
Sales by year
Price per square foot by year
Where the sales were
The fifteen communities with the most registered sales in 2023, and how each moved against the year before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Al Barsha South Fourth | 14,204 | +136.8% | 15.29B | 777K | 1,150/sqft | 69% |
| Business Bay | 10,088 | -0.9% | 21.59B | 1.40M | 2,040/sqft | 52% |
| Marsa Dubai | 9,584 | +29.1% | 39.81B | 3.00M | 3,236/sqft | 53% |
| Al Merkadh | 9,106 | +58.9% | 17.86B | 1.39M | 1,845/sqft | 81% |
| Al Thanyah Fifth | 5,607 | +79.6% | 12.36B | 1.32M | 1,288/sqft | 49% |
| Hadaeq Sheikh Mohammed Bin Rashid | 5,451 | +48.4% | 16.88B | 1.90M | 1,953/sqft | 70% |
| Burj Khalifa | 5,071 | -0.4% | 19.17B | 2.50M | 2,564/sqft | 40% |
| Wadi Al Safa 5 | 4,793 | +46.8% | 8.99B | 1.88M | 965/sqft | 65% |
| Al Khairan First | 4,691 | +29.4% | 14.58B | 2.19M | 2,070/sqft | 68% |
| Al Barshaa South Third | 4,591 | +71.2% | 5.03B | 721K | 1,212/sqft | 78% |
| Jabal Ali First | 4,201 | -13.1% | 8.04B | 1.00M | 977/sqft | 25% |
| Al Hebiah Fifth | 3,775 | -33.5% | 11.69B | 2.47M | 1,292/sqft | 0% |
| Madinat Al Mataar | 2,982 | +43.3% | 8.19B | 2.00M | 880/sqft | 45% |
| Al Yelayiss 2 | 2,955 | +253.0% | 3.46B | 979K | 1,023/sqft | 78% |
| Al Hebiah Fourth | 2,811 | +45.3% | 9.33B | 756K | 893/sqft | 23% |
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 | 39.81B | 9,584 |
| Palm Jumeirah | 29.96B | 2,475 |
| Business Bay | 21.59B | 10,088 |
| Burj Khalifa | 19.17B | 5,071 |
| Al Merkadh | 17.86B | 9,106 |
| Hadaeq Sheikh Mohammed Bin Rashid | 16.88B | 5,451 |
| Al Barsha South Fourth | 15.29B | 14,204 |
| Al Khairan First | 14.58B | 4,691 |
| Palm Jabal Ali | 14.22B | 572 |
| Wadi Al Safa 3 | 13.11B | 2,141 |
Biggest movers
Change in registered sales against the previous year. Limited to communities with at least 50 sales in both — below that a swing is noise.
| Community | Sales | Change |
|---|---|---|
| Madinat Hind 4 | 1,925 | +1358.3% |
| Al Barshaa South Second | 894 | +538.6% |
| Madinat Dubai Almelaheyah | 1,835 | +482.5% |
| Al Hebiah Second | 697 | +428.0% |
| Wadi Al Safa 2 | 1,396 | +398.6% |
| Saih Shuaib 1 | 453 | +323.4% |
| Al Yelayiss 2 | 2,955 | +253.0% |
| World Islands | 228 | +245.5% |
| Zaabeel Second | 849 | +236.9% |
| Wadi Al Safa 3 | 2,141 | +224.9% |
The largest sales of 2023
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 |
|---|---|---|---|---|---|---|---|
| 12 Apr 2023 | Mugatrah | — | LandOther · Existing Properties | Not specified | 203,080,082 sqft | AED 19/sqft | AED 3,869,204,024 |
| 19 Dec 2023 | Al Yelayiss 5 | — | LandCommercial · Existing Properties | Not specified | 83,867,631 sqft | AED 29/sqft | AED 2,427,140,685 |
| 9 Oct 2023 | Al Safouh Second | — | BuildingOther · Existing Properties | Not specified | 2,753,158 sqft | AED 666/sqft | AED 1,834,286,000 |
| 27 Mar 2023 | Al Khairan First | CREEKSIDE 18Dubai Creek Harbour | LandResidential · Existing Properties | Not specified | 7,303,768 sqft | AED 215/sqft | AED 1,570,838,790 |
| 27 Mar 2023 | Al Khairan First | —Dubai Creek Harbour | LandResidential · Existing Properties | Not specified | 45,107,594 sqft | AED 35/sqft | AED 1,570,838,790 |
| 9 Oct 2023 | Palm Jumeirah | —Palm Jumeirah | LandCommercial · Existing Properties | Not specified | 584,346 sqft | AED 1,711/sqft | AED 1,000,000,000 |
| 11 Dec 2023 | Palm Jumeirah | ROYAL AMWAJPalm Jumeirah | LandCommercial · Existing Properties | Not specified | 858,638 sqft | AED 1,095/sqft | AED 940,000,000 |
| 18 Dec 2023 | Palm Jumeirah | —Palm Jumeirah | BuildingCommercial · Existing Properties | Not specified | 507,475 sqft | AED 1,419/sqft | AED 720,000,000 |
| 23 May 2023 | Madinat Al Mataar | —Dubai World Central | LandOther · Existing Properties | Not specified | 14,656,269 sqft | AED 45/sqft | AED 659,538,246 |
| 12 Apr 2023 | Al Layan1 | — | LandOther · Existing Properties | Not specified | 33,108,127 sqft | AED 19/sqft | AED 630,795,976 |
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.