Dubai property market 2018
Registered home sales and mortgages in Dubai from 2 January 2018 to 31 December 2018, from Dubai Land Department open data.
Home sales24,158
Total valueAED 37.5B
Off-plan share55%
Median home priceAED 1,044,366
Median price per sq ft (flats)AED 1,166
Median price per sq ft (villas)AED 720
Mortgages13,950
Mortgage valueAED 119.1B
Home sales by month
Off-plan Ready
Median price per sq ft by month (flats, AED)
Mortgages by month
Typical flat prices by bedrooms
| Bedrooms | Median price | Sales |
|---|---|---|
| Studio | AED 472,625 | 5,335 |
| 1 | AED 792,000 | 7,901 |
| 2 | AED 1,500,000 | 4,977 |
| 3 | AED 2,898,889 | 1,410 |
| 4+ | AED 4,953,350 | 184 |
Top areas by home sales
| Area | Sales | AED per sq ft | Off-plan |
|---|---|---|---|
| Dubai Marina (Marsa Dubai) | 2,168 | 1,444 | 36% |
| International City Ph 1 (Al Warsan First) | 2,124 | 731 | 42% |
| Business Bay | 1,974 | 1,587 | 84% |
| Jumeirah Village Circle (Al Barsha South Fourth) | 1,737 | 930 | 63% |
| Al Merkadh | 1,714 | 1,478 | 97% |
| Downtown Dubai (Burj Khalifa) | 1,112 | 1,787 | 59% |
| Dubai Sports City (Al Hebiah Fourth) | 975 | 888 | 19% |
| Dubai Hills (Hadaeq Sheikh Mohammed Bin Rashid) | 897 | 1,380 | 91% |
| Town Square (Al Yelayiss 2) | 846 | 1,084 | 81% |
| Jumeirah Lakes Towers (Al Thanyah Fifth) | 729 | 1,037 | 10% |
| Emaar South (Madinat Al Mataar) | 689 | 891 | 98% |
| Al Furjan (Jabal Ali First) | 683 | 821 | 18% |
| Palm Jumeirah | 658 | 1,682 | 30% |
| Dubai Land Residence Complex (Wadi Al Safa 5) | 633 | 861 | 65% |
| Arjan (Al Barshaa South Third) | 584 | 1,120 | 82% |
Top off-plan projects by sales
| Project | Area | Sales | AED per sq ft |
|---|---|---|---|
| Lawnz Residence By Danube | International City Ph 1 | 881 | 849 |
| Vera Tower | Business Bay | 446 | 1,532 |
| Mag 5 Boulevard | Madinat Al Mataar | 444 | 892 |
| Jewelz Residence | Arjan | 327 | 1,155 |
| Park Gate Residences | Al Kifaf | 307 | 1,264 |
| Downtown Views Ii | Zaabeel Second | 253 | 1,851 |
| Naseem Townhouses | Town Square | 239 | 661 |
| Al Khail Heights | Al Khail Heights | 227 | 613 |
| Aykon City 2 | Business Bay | 224 | 1,678 |
| Damac Hills Golf Vita | Damac Hills | 216 | 1,354 |
| Reva Residences | Business Bay | 198 | 1,659 |
| The Grand | Dubai Creek Harbour | 186 | 1,854 |
| Azizi Riviera 1 | Al Merkadh | 182 | 1,453 |
| Villanova Amaranta 3 | Dubai Land Residence Complex | 179 | 790 |
| Bloom Towers | Jumeirah Village Circle | 178 | 1,028 |
Home sales by month
| Month | Off-plan | Ready | Value | AED per sq ft | Mortgages |
|---|---|---|---|---|---|
| December 2018 | 1,024 | 861 | AED 2.8B | 1,156 | 1,116 |
| November 2018 | 1,151 | 872 | AED 3.2B | 1,156 | 966 |
| October 2018 | 1,485 | 989 | AED 3.7B | 1,030 | 1,263 |
| September 2018 | 961 | 699 | AED 2.3B | 1,000 | 870 |
| August 2018 | 563 | 596 | AED 1.8B | 1,089 | 938 |
| July 2018 | 1,145 | 986 | AED 3.7B | 1,168 | 1,212 |
| June 2018 | 924 | 821 | AED 2.8B | 1,132 | 1,238 |
| May 2018 | 1,677 | 990 | AED 3.9B | 1,225 | 1,347 |
| April 2018 | 1,103 | 1,025 | AED 3.7B | 1,245 | 1,310 |
| March 2018 | 911 | 977 | AED 3.1B | 1,181 | 1,211 |
| February 2018 | 1,256 | 909 | AED 3.1B | 1,251 | 1,069 |
| January 2018 | 1,183 | 1,050 | AED 3.4B | 1,220 | 1,410 |
Dubai home sales 2008–2026
Home sales by year · Off-plan Ready
Median price per sq ft by year (flats, AED)
| Year | Sales | Off-plan | Value | Median 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