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Monthly report

Dubai property market — September 2024

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside September 2024. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales17,657Registered in September 2024up31.9% vs a year earlier
Total valueAED 44.19BRegistered in September 2024Across 114 communities
Price per sqftAED 1,539/sqftMedian across September 2024up8.1% vs a year earlier
Sale priceAED 1.58MMedian across September 202465% sold off-plan

In a sentence

The Land Department registered 17,657 property sales in September 2024, worth AED 44.19B in total, across 114 communities. That is 32% more than the same month a year earlier.

The median sale was AED 1,580,387 at AED 1,539/sqft, 8.1% above the same month last year. 65% of sales were off-plan.

Al Barsha South Fourth was the busiest community with 1,637 registered sales, while Hadaeq Sheikh Mohammed Bin Rashid took the most money at AED 2.59B.

Against the previous month, Hadaeq Sheikh Mohammed Bin Rashid rose 322% to 869 sales, while Al Wasl fell 67% to 117.

Sales by month

Price per square foot by month

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in September 2024, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Barsha South Fourth1,637+13.6%AED 1.75BAED 900KAED 1,303/sqft65%
Madinat Hind 41,096+198.6%AED 1.44BAED 1.04MAED 1,205/sqft51%
Madinat Al Mataar1,080-3.1%AED 2.08BAED 1.23MAED 1,368/sqft86%
Hadaeq Sheikh Mohammed Bin Rashid869+321.8%AED 2.59BAED 2.12MAED 2,323/sqft86%
Wadi Al Safa 5869+11.3%AED 2.34BAED 2.75MAED 1,313/sqft63%
Bukadra822+4.1%AED 1.65BAED 1.86MAED 2,410/sqft100%
Business Bay774+7.1%AED 1.75BAED 1.62MAED 2,125/sqft48%
Jabal Ali First716+11.9%AED 1.22BAED 1.36MAED 1,170/sqft58%
Marsa Dubai631-6.8%AED 2.14BAED 2.45MAED 2,142/sqft46%
Al Thanyah Fifth602+5.1%AED 1.50BAED 1.75MAED 1,954/sqft55%
Al Khairan First600+35.1%AED 1.70BAED 2.50MAED 2,624/sqft85%
Dubai Investment Park Second580+5172.7%AED 1.57BAED 2.63MAED 1,598/sqft94%
Al Merkadh576+8.1%AED 1.09BAED 1.22MAED 2,198/sqft58%
Al Hebiah Fifth492+182.8%AED 892.69MAED 1.39MAED 1,689/sqft54%
Burj Khalifa382-21.6%AED 1.46BAED 3.02MAED 2,854/sqft54%

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
Hadaeq Sheikh Mohammed Bin RashidAED 2.59B869
Wadi Al Safa 5AED 2.34B869
Marsa DubaiAED 2.14B631
Madinat Al MataarAED 2.08B1,080
Palm JumeirahAED 1.89B129
Business BayAED 1.75B774
Al Barsha South FourthAED 1.75B1,637
Al Khairan FirstAED 1.70B600
BukadraAED 1.65B822
Dubai Investment Park SecondAED 1.57B580

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.

CommunitySalesChange
Hadaeq Sheikh Mohammed Bin Rashid869+321.8%
Al Kifaf199+268.5%
Madinat Hind 41,096+198.6%
Al Hebiah Fifth492+182.8%
Al Hebiah First309+178.4%
Warsan Fourth165+117.1%
Al Wasl117-66.8%
Al Yufrah 1338-62.8%
Ras Al Khor Industrial First89-62.1%
Nad Al Shiba First57-60.4%

The largest sales of September 2024

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
27 Sept 2024Al WaslAMALI RESIDENCESDubai Water CanalLandExisting PropertiesNot specified125,697 sqftAED 3,487/sqftAED 438,302,100
13 Sept 2024Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified61,050 sqftAED 6,323/sqftAED 386,000,000
26 Sept 2024Palm JumeirahONE AT PALM JUMEIRAHPalm JumeirahFlatExisting Properties5 B/R31,694 sqftAED 8,677/sqftAED 275,000,000
30 Sept 2024Palm JumeirahEOMEPalm JumeirahVillaOff-Plan Properties6 B/R25,143 sqftAED 8,074/sqftAED 203,000,000
26 Sept 2024Trade Center Second—LandExisting PropertiesNot specified14,731 sqftAED 12,423/sqftAED 183,000,000
11 Sept 2024Al Barsha First—BuildingExisting PropertiesNot specified44,200 sqftAED 4,072/sqftAED 180,000,000
25 Sept 2024Hor Al Anz—LandExisting PropertiesNot specified161,068 sqftAED 854/sqftAED 137,492,746
10 Sept 2024Al WaslONE CANALDubai Water CanalFlatOff-Plan Properties3 B/R9,694 sqftAED 12,379/sqftAED 120,000,000
18 Sept 2024AL QUSAIS—BuildingExisting PropertiesNot specified240,000 sqftAED 491/sqftAED 117,800,000
19 Sept 2024Marsa DubaiSix Senses Residences Dubai MarinaDubai MarinaFlatOff-Plan Properties5 B/R10,638 sqftAED 9,313/sqftAED 99,067,000

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.