Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
Public records · Dubai Land Department
Quarterly report
Dubai property market — Q1 2024
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 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 36,296 property sales in Q1 2024, worth AED 107.56B in total, across 139 communities. That is 18% more than the same quarter a year earlier.
The median sale was AED 1,496,721 at AED 1,499/sqft, 16.6% above the same quarter last year. 55% of sales were off-plan.
Al Barsha South Fourth was the busiest community with 3,986 registered sales, while Business Bay took the most money at AED 6.39B.
Against the previous quarter, Al Hebiah Sixth rose 477% to 548 sales, while Palm Jabal Ali fell 84% to 90.
Sales by quarter
Price per square foot by quarter
Where the sales were
The fifteen communities with the most registered sales in Q1 2024, and how each moved against the quarter before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Al Barsha South Fourth | 3,986 | -2.1% | 4.73B | 850K | 1,260/sqft | 68% |
| Business Bay | 2,857 | +5.6% | 6.39B | 1.51M | 2,201/sqft | 50% |
| Madinat Dubai Almelaheyah | 2,145 | +111.1% | 5.31B | 1.74M | 2,351/sqft | 99% |
| Al Merkadh | 1,822 | -37.9% | 3.87B | 1.18M | 1,800/sqft | 65% |
| Marsa Dubai | 1,648 | -21.6% | 6.05B | 2.57M | 2,553/sqft | 36% |
| Al Thanyah Fifth | 1,349 | +15.2% | 3.06B | 1.49M | 1,460/sqft | 44% |
| Jabal Ali First | 1,346 | +18.3% | 2.66B | 1.17M | 1,074/sqft | 55% |
| Hadaeq Sheikh Mohammed Bin Rashid | 1,222 | -30.1% | 4.68B | 2.05M | 2,134/sqft | 50% |
| Burj Khalifa | 1,162 | -24.3% | 4.47B | 2.60M | 2,739/sqft | 37% |
| Al Barshaa South Third | 1,056 | +21.4% | 1.18B | 805K | 1,264/sqft | 76% |
| Al Hebiah Fourth | 985 | +23.1% | 2.82B | 859K | 1,406/sqft | 50% |
| Madinat Al Mataar | 960 | -14.2% | 2.28B | 1.84M | 1,184/sqft | 64% |
| Wadi Al Safa 5 | 865 | -8.2% | 1.71B | 1.02M | 933/sqft | 35% |
| Madinat Hind 4 | 846 | +61.8% | 1.84B | 2.06M | 1,062/sqft | 0% |
| Al Yelayiss 2 | 845 | +67.3% | 1.05B | 1.15M | 1,151/sqft | 71% |
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 | 6.39B | 2,857 |
| Marsa Dubai | 6.05B | 1,648 |
| Madinat Dubai Almelaheyah | 5.31B | 2,145 |
| Palm Jumeirah | 5.05B | 418 |
| Al Barsha South Fourth | 4.73B | 3,986 |
| Hadaeq Sheikh Mohammed Bin Rashid | 4.68B | 1,222 |
| Burj Khalifa | 4.47B | 1,162 |
| Dubai Investment Park Second | 4.37B | 41 |
| Al Merkadh | 3.87B | 1,822 |
| Al Thanyah Fifth | 3.06B | 1,349 |
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.
| Community | Sales | Change |
|---|---|---|
| Al Hebiah Sixth | 548 | +476.8% |
| Al Safouh Second | 261 | +383.3% |
| Dubai Investment Park First | 303 | +140.5% |
| Madinat Dubai Almelaheyah | 2,145 | +111.1% |
| Palm Jabal Ali | 90 | -84.3% |
| Um Suqaim Third | 270 | +69.8% |
| Al Yelayiss 2 | 845 | +67.3% |
| Al Khairan First | 818 | +65.3% |
| Saih Shuaib 1 | 74 | -62.1% |
| Madinat Hind 4 | 846 | +61.8% |
The largest sales of Q1 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 |
|---|---|---|---|---|---|---|---|
| 16 Feb 2024 | Dubai Investment Park Second | — | LandOther · Existing Properties | Not specified | 59,655,910 sqft | AED 60/sqft | AED 3,579,358,035 |
| 19 Feb 2024 | Dubai Investment Park Second | — | LandOther · Existing Properties | Not specified | 10,632,255 sqft | AED 65/sqft | AED 691,000,000 |
| 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 |
| 4 Mar 2024 | Al Nahda Second | — | BuildingCommercial · Existing Properties | Not specified | 64,750 sqft | AED 3,861/sqft | AED 250,000,000 |
| 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 |
| 28 Mar 2024 | Al Hebiah Fifth | — | LandResidential · Existing Properties | Not specified | 3,438,704 sqft | AED 57/sqft | AED 196,958,628 |
| 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 |
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.