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 — August 2023
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside August 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 11,737 property sales in August 2023, worth AED 33.16B in total, across 107 communities. That is 24% more than the same month a year earlier.
The median sale was AED 1,571,888 at AED 1,404/sqft, 22.5% above the same month last year. 58% of sales were off-plan.
Business Bay was the busiest community with 1,186 registered sales, while Marsa Dubai took the most money at AED 3.75B.
Against the previous month, Al Barsha South Fifth rose 254% to 340 sales, while Wadi Al Safa 7 fell 58% to 50.
Sales by month
Price per square foot by month
Where the sales were
The fifteen communities with the most registered sales in August 2023, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Business Bay | 1,186 | +85.0% | 2.14B | 1.40M | 2,455/sqft | 70% |
| Al Barsha South Fourth | 986 | +1.8% | 1.10B | 820K | 1,176/sqft | 65% |
| Al Merkadh | 912 | +1.8% | 1.98B | 1.66M | 1,850/sqft | 83% |
| Marsa Dubai | 815 | +25.6% | 3.75B | 3.30M | 3,669/sqft | 57% |
| Al Barshaa South Third | 639 | +40.1% | 1.02B | 774K | 1,382/sqft | 88% |
| Al Thanyah Fifth | 570 | -16.7% | 1.17B | 1.56M | 1,655/sqft | 51% |
| Madinat Al Mataar | 529 | +175.5% | 1.23B | 2.23M | 889/sqft | 60% |
| Al Yufrah 1 | 453 | +953.5% | 1.54B | 3.38M | 934/sqft | 100% |
| Jabal Ali First | 452 | +35.7% | 796.52M | 700K | 974/sqft | 38% |
| Wadi Al Safa 5 | 452 | -15.5% | 811.62M | 1.73M | 1,039/sqft | 74% |
| Burj Khalifa | 353 | +4.7% | 1.33B | 2.30M | 2,660/sqft | 47% |
| Al Barsha South Fifth | 340 | +254.2% | 414.99M | 915K | 1,718/sqft | 83% |
| Al Khairan First | 321 | -35.7% | 801.23M | 2.30M | 2,200/sqft | 68% |
| Hadaeq Sheikh Mohammed Bin Rashid | 263 | -19.1% | 882.07M | 2.06M | 1,900/sqft | 61% |
| Al Hebiah Fourth | 254 | -6.3% | 595.95M | 662K | 830/sqft | 24% |
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 |
|---|---|---|
| Marsa Dubai | 3.75B | 815 |
| Palm Jumeirah | 2.50B | 180 |
| Business Bay | 2.14B | 1,186 |
| Al Merkadh | 1.98B | 912 |
| Al Yufrah 1 | 1.54B | 453 |
| Burj Khalifa | 1.33B | 353 |
| Madinat Al Mataar | 1.23B | 529 |
| Al Thanyah Fifth | 1.17B | 570 |
| Al Barsha South Fourth | 1.10B | 986 |
| Al Barshaa South Third | 1.02B | 639 |
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 Barsha South Fifth | 340 | +254.2% |
| Madinat Al Mataar | 529 | +175.5% |
| Business Bay | 1,186 | +85.0% |
| Wadi Al Safa 7 | 50 | -58.3% |
| Al Hebiah Fifth | 197 | -57.5% |
| Wadi Al Safa 3 | 110 | -54.0% |
| Madinat Dubai Almelaheyah | 118 | +51.3% |
| Me'Aisem First | 197 | +49.2% |
| Nad Al Shiba First | 76 | +46.2% |
| Wadi Al Safa 2 | 52 | -44.1% |
The largest sales of August 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 |
|---|---|---|---|---|---|---|---|
| 8 Aug 2023 | Al Wasl | Muraba VeilDubai Water Canal | LandOther · Existing Properties | Not specified | 100,135 sqft | AED 3,682/sqft | AED 368,737,560 |
| 8 Aug 2023 | Trade Center Second | — | LandCommercial · Existing Properties | Not specified | 25,000 sqft | AED 11,040/sqft | AED 276,000,000 |
| 29 Aug 2023 | Al Thanayah Fourth | Emirates HillsEmirates Living | LandCommercial · Existing Properties | Not specified | 41,704 sqft | AED 5,012/sqft | AED 209,000,000 |
| 2 Aug 2023 | Palm Jumeirah | MAISON MARGIELA RESIDENCESPalm Jumeirah | LandCommercial · Existing Properties | Not specified | 56,295 sqft | AED 3,375/sqft | AED 190,000,000 |
| 9 Aug 2023 | Palm Deira | Beach Residences Dubai IslandsPalm Deira | LandCommercial · Existing Properties | Not specified | 350,701 sqft | AED 517/sqft | AED 181,212,720 |
| 15 Aug 2023 | Burj Khalifa | —DownTown Dubai | LandResidential · Existing Properties | Not specified | 51,439 sqft | AED 3,394/sqft | AED 174,561,600 |
| 14 Aug 2023 | Al Barshaa South Third | The central downtownArjan | LandResidential · Existing Properties | Not specified | 303,215 sqft | AED 462/sqft | AED 140,000,000 |
| 9 Aug 2023 | Palm Deira | —Palm Deira | LandCommercial · Existing Properties | Not specified | 431,903 sqft | AED 317/sqft | AED 136,936,200 |
| 30 Aug 2023 | Al Barshaa South Third | —Arjan | LandResidential · Existing Properties | Not specified | 721,083 sqft | AED 188/sqft | AED 135,563,792 |
| 18 Aug 2023 | Palm Jumeirah | Como ResidencesPalm Jumeirah | FlatResidential · Off-Plan Properties | 7 B/R | 18,972 sqft | AED 5,891/sqft | AED 111,766,800 |
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.