Dubai Market Data

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

Public records · Dubai Land Department

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Monthly report

Dubai property market — January 2023

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2023. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales9,604Registered in January 2023up71.2%
Total value27.83BRegistered in January 2023Across 109 communities
Price per sqft1,335/sqftMedian across January 2023up20.8%
Sale price1.66MMedian across January 202351% sold off-plan

In a sentence

The Land Department registered 9,604 property sales in January 2023, worth AED 27.83B in total, across 109 communities. That is 71% more than the same month a year earlier.

The median sale was AED 1,658,944 at AED 1,335/sqft, 20.8% above the same month last year. 51% of sales were off-plan.

Business Bay was the busiest community with 1,021 registered sales, while Marsa Dubai took the most money at AED 2.35B.

Against the previous month, Wadi Al Safa 3 rose 273% to 295 sales, while Al Thanyah Third fell 68% to 94.

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 January 2023, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay1,021+23.3%1.87B1.43M2,087/sqft61%
Al Barsha South Fourth665+8.1%622.98M710K1,093/sqft60%
Al Khairan First585+88.7%1.61B2.41M2,018/sqft85%
Al Hebiah Fifth552+16.0%1.80B2.20M1,226/sqft1%
Marsa Dubai533-32.5%2.35B2.20M2,423/sqft38%
Al Merkadh515-46.6%1.08B1.38M1,818/sqft83%
Burj Khalifa420+45.3%1.78B2.65M2,525/sqft56%
Al Thanyah Fifth362+6.8%1.02B878K1,071/sqft46%
Al Yelayiss 2357+711.4%254.08M596K1,236/sqft87%
Hadaeq Sheikh Mohammed Bin Rashid357+76.7%1.10B1.88M1,852/sqft65%
Palm Jumeirah301-9.6%1.90B3.84M2,911/sqft42%
Wadi Al Safa 3295+273.4%1.14B3.52M1,690/sqft90%
Jabal Ali First293-7.3%638.10M946K912/sqft10%
Al Hebiah Third289+50.5%371.29M884K1,152/sqft29%
Wadi Al Safa 5279+25.7%600.91M1.98M895/sqft67%

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
Marsa Dubai2.35B533
Palm Jumeirah1.90B301
Business Bay1.87B1,021
Al Hebiah Fifth1.80B552
Burj Khalifa1.78B420
Al Khairan First1.61B585
Wadi Al Safa 31.14B295
Hadaeq Sheikh Mohammed Bin Rashid1.10B357
Island 21.08B12
Al Merkadh1.08B515

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
Wadi Al Safa 3295+273.4%
Al Khairan First585+88.7%
Hadaeq Sheikh Mohammed Bin Rashid357+76.7%
Al Jadaf123+70.8%
Al Thanyah Third94-68.0%
Al Kifaf132+65.0%
Madinat Al Mataar69-62.9%
Nadd Hessa191+55.3%
Al Hebiah Third289+50.5%
Al Merkadh515-46.6%

The largest sales of January 2023

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
2 Jan 2023Marsa DubaiDAMAC BAYDubai HarbourLandCommercial · Existing PropertiesNot specified116,767 sqftAED 5,336/sqftAED 623,067,617
31 Jan 2023Al WaslCASA CANALDubai Water CanalLandCommercial · Existing PropertiesNot specified40,511 sqftAED 3,641/sqftAED 147,500,000
24 Jan 2023Al Safouh SecondICONICSite ALandCommercial · Existing PropertiesNot specified68,547 sqftAED 2,042/sqftAED 140,000,000
6 Jan 2023Island 2Bulgari Lighthouse DubaiJumeira BayFlatResidential · Off-Plan Properties5 B/R11,655 sqftAED 11,425/sqftAED 133,150,000
6 Jan 2023Island 2Bulgari Lighthouse DubaiJumeira BayFlatResidential · Off-Plan Properties5 B/R11,655 sqftAED 10,888/sqftAED 126,900,000
17 Jan 2023Al Raffa—BuildingOther · Existing PropertiesNot specified46,072 sqftAED 2,713/sqftAED 125,000,000
30 Jan 2023Palm Jumeirah—Palm JumeirahVillaCommercial · Existing PropertiesNot specified18,844 sqftAED 6,633/sqftAED 125,000,000
26 Jan 2023Al Thanyah FifthVerde by SobhaDMCC Master CommunityLandResidential · Existing PropertiesNot specified56,593 sqftAED 2,165/sqftAED 122,500,000
12 Jan 2023Al Jadaf—Sama Al JadafBuildingCommercial · Existing PropertiesNot specified24,657 sqftAED 4,867/sqftAED 120,000,000
5 Jan 2023Island 2Bulgari Lighthouse DubaiJumeira BayFlatResidential · Off-Plan Properties5 B/R11,657 sqftAED 10,209/sqftAED 119,000,000

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.