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 — February 2023
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside February 2023. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
In a sentence
The Land Department registered 9,300 property sales in February 2023, worth AED 26.93B in total, across 111 communities. That is 52% more than the same month a year earlier.
The median sale was AED 1,479,746 at AED 1,238/sqft, 14.3% above the same month last year. 52% of sales were off-plan.
Al Barsha South Fourth was the busiest community with 1,009 registered sales, while Business Bay took the most money at AED 2.67B.
Against the previous month, Al Barshaa South Second rose 350% to 423 sales, while Hadaeq Sheikh Mohammed Bin Rashid fell 48% to 184.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in February 2023, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Al Barsha South Fourth | 1,009 | +51.7% | 937.20M | 680K | 1,054/sqft | 75% |
| Business Bay | 807 | -21.0% | 2.67B | 1.42M | 1,980/sqft | 53% |
| Marsa Dubai | 721 | +35.3% | 2.59B | 2.65M | 2,704/sqft | 44% |
| Wadi Al Safa 5 | 506 | +81.4% | 1.04B | 2.13M | 1,017/sqft | 78% |
| Al Hebiah Fifth | 454 | -17.8% | 1.40B | 2.27M | 1,210/sqft | 0% |
| Al Yelayiss 2 | 430 | +20.4% | 544.74M | 1.23M | 964/sqft | 93% |
| Al Barshaa South Second | 423 | +350.0% | 378.80M | 860K | 1,231/sqft | 98% |
| Al Merkadh | 392 | -23.9% | 878.95M | 1.33M | 1,775/sqft | 65% |
| Al Khairan First | 378 | -35.4% | 829.17M | 2.09M | 1,956/sqft | 77% |
| Burj Khalifa | 315 | -25.0% | 1.12B | 2.69M | 2,520/sqft | 47% |
| Al Warsan First | 269 | +49.4% | 149.94M | 390K | 587/sqft | 32% |
| Al Thanyah Fifth | 263 | -27.3% | 532.03M | 1.00M | 1,016/sqft | 22% |
| Al Barshaa South Third | 255 | +133.9% | 289.09M | 594K | 1,044/sqft | 79% |
| Jabal Ali First | 229 | -21.8% | 407.75M | 828K | 934/sqft | 15% |
| Al Hebiah Fourth | 224 | +57.7% | 1.20B | 2.20M | 1,076/sqft | 21% |
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 | 2.67B | 807 |
| Marsa Dubai | 2.59B | 721 |
| Palm Jumeirah | 1.80B | 219 |
| Al Wasl | 1.51B | 125 |
| Al Hebiah Fifth | 1.40B | 454 |
| Al Hebiah Fourth | 1.20B | 224 |
| Burj Khalifa | 1.12B | 315 |
| Wadi Al Safa 5 | 1.04B | 506 |
| Island 2 | 986.55M | 7 |
| Al Barsha South Fourth | 937.20M | 1,009 |
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 Barshaa South Second | 423 | +350.0% |
| Al Barsha South Fifth | 171 | +194.8% |
| Al Barshaa South Third | 255 | +133.9% |
| Wadi Al Safa 5 | 506 | +81.4% |
| Me'Aisem First | 145 | +72.6% |
| Al Yufrah 1 | 117 | +67.1% |
| Al Hebiah Fourth | 224 | +57.7% |
| Al Barsha South Fourth | 1,009 | +51.7% |
| Al Warsan First | 269 | +49.4% |
| Hadaeq Sheikh Mohammed Bin Rashid | 184 | -48.5% |
The largest sales of February 2023
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 |
|---|---|---|---|---|---|---|---|
| 14 Feb 2023 | Island 2 | Bulgari Lighthouse DubaiJumeira Bay | FlatResidential · Off-Plan Properties | 9 B/R | 38,970 sqft | AED 10,521/sqft | AED 410,000,000 |
| 27 Feb 2023 | Al Wasl | DAMAC CITY 2Dubai Water Canal | LandOther · Existing Properties | Not specified | 76,750 sqft | AED 5,173/sqft | AED 397,044,000 |
| 2 Feb 2023 | Business Bay | One by BinghattiBusiness Bay | BuildingResidential · Existing Properties | Not specified | 108,300 sqft | AED 2,031/sqft | AED 220,000,000 |
| 27 Feb 2023 | Business Bay | CANAL HEIGHTS 2Business Bay | BuildingResidential · Existing Properties | Not specified | 61,701 sqft | AED 3,375/sqft | AED 208,246,000 |
| 9 Feb 2023 | Palm Jumeirah | CLUB VILLASPalm Jumeirah | VillaResidential · Existing Properties | 7 B/R | 26,033 sqft | AED 7,030/sqft | AED 183,000,000 |
| 27 Feb 2023 | Business Bay | CANAL CROWNBusiness Bay | LandResidential · Existing Properties | Not specified | 45,498 sqft | AED 3,699/sqft | AED 168,282,000 |
| 27 Feb 2023 | Business Bay | CANAL CROWN 2Business Bay | LandResidential · Existing Properties | Not specified | 45,463 sqft | AED 3,691/sqft | AED 167,811,000 |
| 27 Feb 2023 | Business Bay | CANAL HEIGHTSBusiness Bay | LandResidential · Existing Properties | Not specified | 48,879 sqft | AED 3,389/sqft | AED 165,640,000 |
| 16 Feb 2023 | Island 2 | Bulgari Lighthouse DubaiJumeira Bay | FlatResidential · Off-Plan Properties | 5 B/R | 11,657 sqft | AED 13,752/sqft | AED 160,300,000 |
| 7 Feb 2023 | Business Bay | Vela Viento by OmniyatBusiness Bay | BuildingResidential · Existing Properties | Not specified | 97,177 sqft | AED 1,609/sqft | AED 156,312,304 |
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.