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 — May 2023
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside May 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 11,584 property sales in May 2023, worth AED 33.61B in total, across 108 communities. That is 78% more than the same month a year earlier.
The median sale was AED 1,531,500 at AED 1,317/sqft, 9.2% above the same month last year. 47% of sales were off-plan.
Marsa Dubai was the busiest community with 1,393 registered sales, and also took the most money at AED 5.53B.
Against the previous month, Nadd Hessa rose 172% to 188 sales.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in May 2023, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Marsa Dubai | 1,393 | +104.9% | 5.53B | 3.16M | 3,617/sqft | 61% |
| Al Barsha South Fourth | 1,250 | +12.2% | 1.33B | 725K | 1,050/sqft | 66% |
| Business Bay | 742 | +28.8% | 1.58B | 1.20M | 1,564/sqft | 32% |
| Al Thanyah Fifth | 602 | +102.7% | 1.04B | 1.17M | 1,243/sqft | 47% |
| Burj Khalifa | 551 | +81.3% | 2.37B | 2.77M | 2,385/sqft | 38% |
| Wadi Al Safa 5 | 508 | +75.8% | 1.03B | 2.28M | 1,065/sqft | 77% |
| Al Barshaa South Third | 480 | +128.6% | 453.84M | 671K | 1,326/sqft | 77% |
| Hadaeq Sheikh Mohammed Bin Rashid | 466 | -11.7% | 1.71B | 1.66M | 1,820/sqft | 66% |
| Al Merkadh | 422 | +46.0% | 853.41M | 1.15M | 1,800/sqft | 60% |
| Jabal Ali First | 390 | +32.7% | 676.10M | 1.16M | 957/sqft | 23% |
| Al Khairan First | 367 | -10.0% | 824.14M | 2.00M | 2,023/sqft | 52% |
| Al Yelayiss 2 | 291 | +89.0% | 446.71M | 1.82M | 964/sqft | 74% |
| Palm Jumeirah | 272 | +36.7% | 2.49B | 4.25M | 2,801/sqft | 28% |
| Al Hebiah Fifth | 266 | -4.0% | 700.29M | 2.21M | 1,269/sqft | 0% |
| Me'Aisem First | 252 | +55.6% | 848.69M | 882K | 1,091/sqft | 13% |
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 | 5.53B | 1,393 |
| Palm Jumeirah | 2.49B | 272 |
| Burj Khalifa | 2.37B | 551 |
| Hadaeq Sheikh Mohammed Bin Rashid | 1.71B | 466 |
| Business Bay | 1.58B | 742 |
| Wadi Al Safa 3 | 1.52B | 226 |
| Al Barsha South Fourth | 1.33B | 1,250 |
| Al Thanyah Fifth | 1.04B | 602 |
| Wadi Al Safa 5 | 1.03B | 508 |
| Madinat Al Mataar | 975.08M | 186 |
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 |
|---|---|---|
| Nadd Hessa | 188 | +172.5% |
| Wadi Al Safa 3 | 226 | +137.9% |
| Al Barshaa South Third | 480 | +128.6% |
| Marsa Dubai | 1,393 | +104.9% |
| Al Thanyah Fifth | 602 | +102.7% |
| Al Hebiah Third | 201 | +93.3% |
| Al Yelayiss 2 | 291 | +89.0% |
| Burj Khalifa | 551 | +81.3% |
| Wadi Al Safa 5 | 508 | +75.8% |
| Madinat Al Mataar | 186 | +73.8% |
The largest sales of May 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 |
|---|---|---|---|---|---|---|---|
| 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 |
| 10 May 2023 | Al Safouh Second | DAMAC CASASite A | LandCommercial · Existing Properties | Not specified | 80,356 sqft | AED 3,733/sqft | AED 300,000,000 |
| 25 May 2023 | Madinat Dubai Almelaheyah | Oceanz 2 By DanubeDubai Maritime City | LandIndustrial · Existing Properties | Not specified | 53,886 sqft | AED 3,143/sqft | AED 169,387,400 |
| 10 May 2023 | Burj Khalifa | VOLTA TOWER | BuildingCommercial · Existing Properties | Not specified | 10,000 sqft | AED 15,000/sqft | AED 150,000,000 |
| 9 May 2023 | Saih Shuaib 4 | —Dubai Industrial City | LandIndustrial · Existing Properties | Not specified | 1,371,446 sqft | AED 108/sqft | AED 148,253,308 |
| 16 May 2023 | Island 2 | Bulgari Ocean MansionsJumeira Bay | LandOther · Existing Properties | Not specified | 13,766 sqft | AED 9,807/sqft | AED 135,000,000 |
| 11 May 2023 | Island 2 | —Jumeira Bay | LandOther · Existing Properties | Not specified | 24,438 sqft | AED 5,238/sqft | AED 128,000,000 |
| 29 May 2023 | Business Bay | Luxury Family Residence IIBusiness Bay | HotelHospitality · Off-Plan Properties | Not specified | 269,252 sqft | AED 464/sqft | AED 125,000,000 |
| 15 May 2023 | Island 2 | BV RESIDENCESJumeira Bay | FlatResidential · Existing Properties | 4 B/R | 12,114 sqft | AED 10,071/sqft | AED 122,000,000 |
| 8 May 2023 | Hadaeq Sheikh Mohammed Bin Rashid | —DUBAI HILLS - HILLS VIEW | LandResidential · Existing Properties | Not specified | 27,449 sqft | AED 4,372/sqft | AED 120,000,000 |
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.