Dubai Market Data

Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.

Public records · Dubai Land Department

Compare communitiesLatest reports
All reports

Monthly report

Dubai property market — March 2016

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside March 2016. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales2,902Registered in March 2016down18.8%
Total value8.30BRegistered in March 2016Across 103 communities
Price per sqft889/sqftMedian across March 2016down18.7%
Sale price1.25MMedian across March 201631% sold off-plan

In a sentence

The Land Department registered 2,902 property sales in March 2016, worth AED 8.30B in total, across 103 communities. That is 19% fewer than the same month a year earlier.

The median sale was AED 1,250,940 at AED 889/sqft, 18.7% below the same month last year. 31% of sales were off-plan.

Saih Shuaib 1 was the busiest community with 254 registered sales, while World Islands took the most money at AED 841.79M.

Against the previous month, Al Hebiah Fourth rose 19% to 217 sales, while Me'Aisem First fell 72% to 92.

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 March 2016, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Saih Shuaib 1254-36.7%403.27M1.34M125/sqft0%
Al Hebiah Fourth217+19.2%176.00M700K970/sqft46%
Marsa Dubai213-15.1%564.44M1.63M1,443/sqft32%
Al Thanyah Fifth187-2.6%287.39M1.00M929/sqft20%
Business Bay186-47.5%350.01M1.00M1,113/sqft41%
Al Warsan First171-8.6%84.83M428K690/sqft2%
Al Barsha South Fourth164-28.7%312.22M825K838/sqft40%
Burj Khalifa147-46.4%402.34M2.17M1,966/sqft55%
Nadd Hessa134-70.5%98.41M636K846/sqft47%
Jabal Ali First92+3.4%177.50M1.19M849/sqft27%
Me'Aisem First92-71.9%150.20M674K907/sqft16%
Palm Jumeirah77-35.3%298.38M2.70M1,655/sqft35%
Wadi Al Safa 270+7.7%67.41M614K710/sqft19%
Hadaeq Sheikh Mohammed Bin Rashid67-44.6%284.99M2.70M1,017/sqft96%
Al Thanyah Third63-11.3%118.77M1.45M1,353/sqft10%

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
World Islands841.79M6
Marsa Dubai564.44M213
Wadi Al Safa 3493.16M43
Saih Shuaib 1403.27M254
Burj Khalifa402.34M147
Business Bay350.01M186
Al Barsha South Fourth312.22M164
Palm Jumeirah298.38M77
Al Thanyah Fifth287.39M187
Hadaeq Sheikh Mohammed Bin Rashid284.99M67

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
Me'Aisem First92-71.9%
Nadd Hessa134-70.5%
Business Bay186-47.5%
Burj Khalifa147-46.4%
Hadaeq Sheikh Mohammed Bin Rashid67-44.6%
Saih Shuaib 1254-36.7%
Palm Jumeirah77-35.3%
Al Barsha South Fourth164-28.7%
Al Hebiah Fourth217+19.2%
Marsa Dubai213-15.1%

The largest sales of March 2016

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
24 Mar 2016World IslandsTHE HEART OF EUROPE 2The WorldBuildingCommercial · Existing PropertiesNot specified2,291,419 sqftAED 170/sqftAED 390,064,800
24 Mar 2016World Islands—The WorldLandCommercial · Existing PropertiesNot specified792,991 sqftAED 161/sqftAED 127,617,000
21 Mar 2016Al Nahda Second—BuildingCommercial · Existing PropertiesNot specified30,000 sqftAED 4,000/sqftAED 120,000,000
24 Mar 2016World Islands—The WorldLandCommercial · Existing PropertiesNot specified962,334 sqftAED 117/sqftAED 112,318,117
7 Mar 2016Wadi Al Safa 3—Living LegendsLandResidential · Existing PropertiesNot specified4,641,944 sqftAED 24/sqftAED 109,477,983
28 Mar 2016Hadaeq Sheikh Mohammed Bin RashidACACIA AT PARK HEIGHTSDubai Hills EstateLandResidential · Existing PropertiesNot specified140,597 sqftAED 747/sqftAED 105,000,000
24 Mar 2016World Islands—The WorldLandCommercial · Existing PropertiesNot specified956,409 sqftAED 103/sqftAED 98,625,455
10 Mar 2016Al MerkadhMOHAMMED BIN RASHID AL MAKTOUM CITY-DISTRICT ONE PHASE II VILLASVillaأخرى · Existing PropertiesNot specified47,103 sqftAED 2,030/sqftAED 95,613,985
14 Mar 2016Madinat Al Mataar—Dubai World CentralLandIndustrial · Existing PropertiesNot specified150,572 sqftAED 613/sqftAED 92,324,628
24 Mar 2016Marsa Dubai—Dubai MarinaBuildingResidential · Existing PropertiesNot specified67,894 sqftAED 1,200/sqftAED 81,472,800

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.