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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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.

Sales36,296Registered in Q1 2024up17.8%
Total value107.56BRegistered in Q1 2024Across 139 communities
Price per sqft1,499/sqftMedian across Q1 2024up16.6%
Sale price1.50MMedian across Q1 202455% sold off-plan

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

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 2024, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Barsha South Fourth3,986-2.1%4.73B850K1,260/sqft68%
Business Bay2,857+5.6%6.39B1.51M2,201/sqft50%
Madinat Dubai Almelaheyah2,145+111.1%5.31B1.74M2,351/sqft99%
Al Merkadh1,822-37.9%3.87B1.18M1,800/sqft65%
Marsa Dubai1,648-21.6%6.05B2.57M2,553/sqft36%
Al Thanyah Fifth1,349+15.2%3.06B1.49M1,460/sqft44%
Jabal Ali First1,346+18.3%2.66B1.17M1,074/sqft55%
Hadaeq Sheikh Mohammed Bin Rashid1,222-30.1%4.68B2.05M2,134/sqft50%
Burj Khalifa1,162-24.3%4.47B2.60M2,739/sqft37%
Al Barshaa South Third1,056+21.4%1.18B805K1,264/sqft76%
Al Hebiah Fourth985+23.1%2.82B859K1,406/sqft50%
Madinat Al Mataar960-14.2%2.28B1.84M1,184/sqft64%
Wadi Al Safa 5865-8.2%1.71B1.02M933/sqft35%
Madinat Hind 4846+61.8%1.84B2.06M1,062/sqft0%
Al Yelayiss 2845+67.3%1.05B1.15M1,151/sqft71%

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
Business Bay6.39B2,857
Marsa Dubai6.05B1,648
Madinat Dubai Almelaheyah5.31B2,145
Palm Jumeirah5.05B418
Al Barsha South Fourth4.73B3,986
Hadaeq Sheikh Mohammed Bin Rashid4.68B1,222
Burj Khalifa4.47B1,162
Dubai Investment Park Second4.37B41
Al Merkadh3.87B1,822
Al Thanyah Fifth3.06B1,349

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.

CommunitySalesChange
Al Hebiah Sixth548+476.8%
Al Safouh Second261+383.3%
Dubai Investment Park First303+140.5%
Madinat Dubai Almelaheyah2,145+111.1%
Palm Jabal Ali90-84.3%
Um Suqaim Third270+69.8%
Al Yelayiss 2845+67.3%
Al Khairan First818+65.3%
Saih Shuaib 174-62.1%
Madinat Hind 4846+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.

Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
16 Feb 2024Dubai Investment Park Second—LandOther · Existing PropertiesNot specified59,655,910 sqftAED 60/sqftAED 3,579,358,035
19 Feb 2024Dubai Investment Park Second—LandOther · Existing PropertiesNot specified10,632,255 sqftAED 65/sqftAED 691,000,000
30 Jan 2024Madinat Dubai Almelaheyah—Dubai Maritime CityLandResidential · Existing PropertiesNot specified1,144,476 sqftAED 537/sqftAED 614,962,740
2 Jan 2024Al Thanyah FifthDiamondz By DanubeDMCC Master CommunityLandResidential · Existing PropertiesNot specified57,135 sqftAED 4,696/sqftAED 268,331,360
4 Mar 2024Al Nahda Second—BuildingCommercial · Existing PropertiesNot specified64,750 sqftAED 3,861/sqftAED 250,000,000
24 Jan 2024Al Barshaa South Second—Dubai Science ParkLandCommercial · Existing PropertiesNot specified165,618 sqftAED 1,269/sqftAED 210,100,000
28 Mar 2024Al Hebiah Fifth—LandResidential · Existing PropertiesNot specified3,438,704 sqftAED 57/sqftAED 196,958,628
30 Jan 2024Al Mamzer—BuildingResidential · Existing PropertiesNot specified27,000 sqftAED 6,741/sqftAED 182,000,000
26 Jan 2024Nad Al Shiba First—Meydan Racecourse CommunityBuildingOther · Existing PropertiesNot specified92,065 sqftAED 1,924/sqftAED 177,126,000
15 Jan 2024Al WaslCASA AHSDubai Water CanalLandOther · Existing PropertiesNot specified30,001 sqftAED 5,667/sqftAED 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.