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Dubai property market 2009

Registered home sales and mortgages in Dubai from 5 January 2009 to 31 December 2009, from Dubai Land Department open data.

Home sales47,232
Total valueAED 57.8B
Off-plan share51%
Median home priceAED 791,000
Median price per sq ft (flats)AED 835
Median price per sq ft (villas)AED 517
Mortgages14,155
Mortgage valueAED 59.1B

Home sales by month

Home sales by month02.0K4.0K6.0K8.0KJan: 633Jan: 2,918JanFeb: 278Feb: 1,976FebMar: 867Mar: 2,095MarApr: 3,873Apr: 2,565AprMay: 4,148May: 1,661MayJun: 4,061Jun: 2,837JunJul: 3,372Jul: 1,763JulAug: 3,190Aug: 1,758AugSep: 1,192Sep: 1,157SepOct: 719Oct: 1,539OctNov: 527Nov: 1,632NovDec: 1,036Dec: 1,435Dec

Off-plan Ready

Median price per sq ft by month (flats, AED)

Median price per sq ft by month (flats, AED)541764987Jan: 578JanFeb: 582FebMar: 699MarApr: 865AprMay: 845MayJun: 901JunJul: 887JulAug: 880AugSep: 717SepOct: 850OctNov: 806NovDec: 950Dec

Mortgages by month

Mortgages by month05001.0K1.5K2.0KJan: 522JanFeb: 663FebMar: 932MarApr: 1,086AprMay: 905MayJun: 1,523JunJul: 1,734JulAug: 1,697AugSep: 1,357SepOct: 1,964OctNov: 1,012NovDec: 760Dec

Typical flat prices by bedrooms

BedroomsMedian priceSales
StudioAED 364,80011,808
1AED 704,47517,891
2AED 1,296,8889,925
3AED 2,109,4503,277
4+AED 4,561,535475

Top areas by home sales

AreaSalesAED per sq ftOff-plan
Dubai Marina (Marsa Dubai) 8,324 1,068 61%
International City Ph 1 (Al Warsan First) 7,040 516 5%
Palm Jumeirah 3,857 904 44%
Jumeirah Lakes Towers (Al Thanyah Fifth) 3,461 770 45%
Jumeirah Village Circle (Al Barsha South Fourth) 3,132 826 98%
Al Furjan (Jabal Ali First) 3,123 681 11%
Dubai Sports City (Al Hebiah Fourth) 2,563 910 96%
Dubai Production City (Me'aisem First) 2,263 971 87%
Motor City (Al Hebiah First) 1,538 842 0%
Al Thanyah Third 1,368 932 6%
Remraam (Al Hebiah Fifth) 1,269 871 100%
Liwan (Wadi Al Safa 2) 1,259 682 93%
Dubai Land Residence Complex (Wadi Al Safa 5) 1,221 690 100%
Downtown Dubai (Burj Khalifa) 1,183 1,288 9%
Business Bay 1,048 1,345 90%

Top off-plan projects by sales

ProjectAreaSalesAED per sq ft
Remraam Remraam 1,261 871
Sky Courts Dubai Land Residence Complex 1,130 689
Lakeside Dubai Production City 850 989
Lago Vista Dubai Production City 730 1,045
Golden Mile Palm Jumeirah 635 843
Bay Central West & Central Towers Dubai Marina 525 1,712
Torch Tower Dubai Marina 500 1,211
Silicon Gate 1 Silicon Oasis 495 811
Elite Residence Dubai Marina 482 1,647
Fairmont Palm Residence Palm Jumeirah 469 1,403
Ocean Heights Dubai Marina 453 1,471
Silverene Dubai Marina 430 1,090
Marina Pinnacle Dubai Marina 414 908
Princess Tower Dubai Marina 391 1,125
Hanover Square Jumeirah Village Circle 373 1,058

Home sales by month

MonthOff-planReadyValueAED per sq ftMortgages
December 2009 1,036 1,435 AED 3.7B 950 760
November 2009 527 1,632 AED 2.7B 806 1,012
October 2009 719 1,539 AED 3.3B 850 1,964
September 2009 1,192 1,157 AED 2.7B 717 1,357
August 2009 3,190 1,758 AED 6.8B 880 1,697
July 2009 3,372 1,763 AED 6.5B 887 1,734
June 2009 4,061 2,837 AED 8.3B 901 1,523
May 2009 4,148 1,661 AED 7.3B 845 905
April 2009 3,873 2,565 AED 7.2B 865 1,086
March 2009 867 2,095 AED 3.8B 699 932
February 2009 278 1,976 AED 2.6B 582 663
January 2009 633 2,918 AED 2.8B 578 522

Dubai home sales 2008–2026

Home sales by year050K100K150K200K'08: 11'08: 16,351'08'09: 23,896'09: 23,336'09'10: 8,652'10: 17,383'10'11: 1,997'11: 18,208'11'12: 2,694'12: 22,652'12'13: 8,886'13: 37,506'13'14: 11,203'14: 28,087'14'15: 11,858'15: 18,506'15'16: 13,739'16: 14,919'16'17: 19,036'17: 14,773'17'18: 13,383'18: 10,775'18'19: 18,935'19: 11,715'19'20: 13,229'20: 13,371'20'21: 22,108'21: 24,847'21'22: 40,697'22: 33,766'22'23: 64,948'23: 42,550'23'24: 104,707'24: 48,144'24'25: 130,482'25: 49,856'25'26: 86,571'26: 31,472'26

Home sales by year · Off-plan Ready

Median price per sq ft by year (flats, AED)5061,1771,847'08: 618'08'09: 835'09'10: 899'10'11: 843'11'12: 911'12'13: 1,030'13'14: 1,200'14'15: 1,104'15'16: 1,095'16'17: 1,155'17'18: 1,166'18'19: 1,196'19'20: 1,037'20'21: 1,149'21'22: 1,500'22'23: 1,524'23'24: 1,637'24'25: 1,735'25'26: 1,724'26

Median price per sq ft by year (flats, AED)

YearSalesOff-planValueMedian price per sq ft (flats)Median price per sq ft (villas)
2026 * 118,043 73% AED 254.9B 1,724 1,749
2025 180,338 72% AED 405.0B 1,735 1,472
2024 152,851 69% AED 331.7B 1,637 1,336
2023 107,498 60% AED 247.5B 1,524 1,054
2022 74,463 55% AED 162.9B 1,500 839
2021 46,955 47% AED 94.9B 1,149 796
2020 26,600 50% AED 43.9B 1,037 685
2019 30,650 62% AED 49.1B 1,196 699
2018 24,158 55% AED 37.5B 1,166 720
2017 33,809 56% AED 57.0B 1,155 756
2016 28,658 48% AED 53.2B 1,095 828
2015 30,364 39% AED 61.0B 1,104 798
2014 39,290 29% AED 74.3B 1,200 731
2013 46,392 19% AED 83.6B 1,030 571
2012 25,346 11% AED 41.7B 911 505
2011 20,205 10% AED 32.2B 843 484
2010 26,035 33% AED 39.1B 899 490
2009 47,232 51% AED 57.8B 835 517
2008 16,362 0% AED 32.5B 618 491

* Current year, up to 12 November 2026.

Data: the Dubai Land Department transactions register (from 2000: sales, mortgages and gifts), with the DLD website export for the latest days. Years before 2008 look incomplete and are not shown.

Source: Dubai Land Department open data. Home sales are flats and villas, off-plan and ready; price per sq ft uses single-unit sales only. Calculated by PBD.ae; figures may differ from official reports. dubailand.gov.ae