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 — January 2024
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2024. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
In a sentence
The Land Department registered 11,187 property sales in January 2024, worth AED 34.94B in total, across 114 communities. That is 16% more than the same month a year earlier.
The median sale was AED 1,526,777 at AED 1,559/sqft, 16.8% above the same month last year. 54% of sales were off-plan.
Al Barsha South Fourth was the busiest community with 1,372 registered sales, while Business Bay took the most money at AED 2.58B.
Against the previous month, Al Wasl rose 205% to 192 sales, while Wadi Al Safa 2 fell 73% to 116.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in January 2024, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Al Barsha South Fourth | 1,372 | +4.8% | 1.51B | 833K | 1,285/sqft | 70% |
| Business Bay | 1,079 | +2.8% | 2.58B | 1.49M | 2,205/sqft | 52% |
| Madinat Dubai Almelaheyah | 708 | +62.0% | 2.45B | 1.97M | 2,096/sqft | 99% |
| Hadaeq Sheikh Mohammed Bin Rashid | 602 | -21.0% | 2.14B | 2.18M | 2,138/sqft | 59% |
| Marsa Dubai | 474 | -36.8% | 1.73B | 2.45M | 2,436/sqft | 35% |
| Al Merkadh | 465 | -6.6% | 1.28B | 1.45M | 1,900/sqft | 66% |
| Al Thanyah Fifth | 450 | +10.6% | 1.22B | 1.58M | 1,650/sqft | 53% |
| Burj Khalifa | 402 | +2.0% | 1.46B | 2.40M | 2,853/sqft | 47% |
| Al Barshaa South Third | 355 | +3.8% | 340.96M | 842K | 1,206/sqft | 79% |
| Madinat Al Mataar | 323 | +13.7% | 679.30M | 1.31M | 1,513/sqft | 64% |
| Jabal Ali First | 320 | +18.5% | 633.79M | 1.06M | 1,104/sqft | 47% |
| Wadi Al Safa 5 | 285 | -13.1% | 571.95M | 900K | 850/sqft | 26% |
| Al Warsan First | 277 | +21.5% | 121.55M | 350K | 516/sqft | 4% |
| Madinat Hind 4 | 272 | +110.9% | 569.70M | 1.92M | 1,042/sqft | 0% |
| Al Yelayiss 2 | 216 | +21.3% | 269.81M | 1.12M | 1,147/sqft | 59% |
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 |
|---|---|---|
| Business Bay | 2.58B | 1,079 |
| Madinat Dubai Almelaheyah | 2.45B | 708 |
| Palm Jumeirah | 2.20B | 140 |
| Hadaeq Sheikh Mohammed Bin Rashid | 2.14B | 602 |
| Marsa Dubai | 1.73B | 474 |
| Al Wasl | 1.61B | 192 |
| Palm Jabal Ali | 1.56B | 58 |
| Al Barsha South Fourth | 1.51B | 1,372 |
| Burj Khalifa | 1.46B | 402 |
| Al Merkadh | 1.28B | 465 |
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 Wasl | 192 | +204.8% |
| Um Suqaim Third | 165 | +114.3% |
| Madinat Hind 4 | 272 | +110.9% |
| Wadi Al Safa 2 | 116 | -73.1% |
| Madinat Dubai Almelaheyah | 708 | +62.0% |
| Al Yufrah 1 | 123 | -53.1% |
| Palm Jabal Ali | 58 | -44.2% |
| Mirdif | 50 | -43.2% |
| Al Hebiah Fifth | 157 | +42.7% |
| Marsa Dubai | 474 | -36.8% |
The largest sales of January 2024
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 |
|---|---|---|---|---|---|---|---|
| 30 Jan 2024 | Madinat Dubai Almelaheyah | —Dubai Maritime City | LandResidential · Existing Properties | Not specified | 1,144,476 sqft | AED 537/sqft | AED 614,962,740 |
| 2 Jan 2024 | Al Thanyah Fifth | Diamondz By DanubeDMCC Master Community | LandResidential · Existing Properties | Not specified | 57,135 sqft | AED 4,696/sqft | AED 268,331,360 |
| 24 Jan 2024 | Al Barshaa South Second | —Dubai Science Park | LandCommercial · Existing Properties | Not specified | 165,618 sqft | AED 1,269/sqft | AED 210,100,000 |
| 30 Jan 2024 | Al Mamzer | — | BuildingResidential · Existing Properties | Not specified | 27,000 sqft | AED 6,741/sqft | AED 182,000,000 |
| 26 Jan 2024 | Nad Al Shiba First | —Meydan Racecourse Community | BuildingOther · Existing Properties | Not specified | 92,065 sqft | AED 1,924/sqft | AED 177,126,000 |
| 15 Jan 2024 | Al Wasl | CASA AHSDubai Water Canal | LandOther · Existing Properties | Not specified | 30,001 sqft | AED 5,667/sqft | AED 170,000,000 |
| 31 Jan 2024 | Al Merkadh | MOHAMMED BIN RASHID AL MAKTOUM CITY-DISTRICT ONE PHASE II VILLAS | Landأخرى · Existing Properties | Not specified | 36,279 sqft | AED 4,024/sqft | AED 146,000,000 |
| 30 Jan 2024 | Madinat Dubai Almelaheyah | 31 Above By BeyondDubai Maritime City | LandResidential · Existing Properties | Not specified | 90,168 sqft | AED 1,568/sqft | AED 141,338,055 |
| 8 Jan 2024 | Al Hebiah Sixth | —Mudon | LandResidential · Existing Properties | Not specified | 301,012 sqft | AED 461/sqft | AED 138,646,587 |
| 16 Jan 2024 | Palm Jumeirah | —Palm Jumeirah | VillaCommercial · Existing Properties | Not specified | 14,619 sqft | AED 8,786/sqft | AED 128,450,000 |
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.