PBD.ae

Dubai property market 2019

Registered home sales and mortgages in Dubai from 2 January 2019 to 31 December 2019, from Dubai Land Department open data.

Home sales30,650
Total valueAED 49.1B
Off-plan share62%
Median home priceAED 1,191,222
Median price per sq ft (flats)AED 1,196
Median price per sq ft (villas)AED 699
Mortgages12,420
Mortgage valueAED 119.7B

Home sales by month

Home sales by month01.0K2.0K3.0K4.0KJan: 834Jan: 830JanFeb: 1,310Feb: 980FebMar: 1,296Mar: 869MarApr: 1,506Apr: 956AprMay: 1,652May: 982MayJun: 1,104Jun: 623JunJul: 2,112Jul: 1,228JulAug: 959Aug: 873AugSep: 1,665Sep: 880SepOct: 2,720Oct: 1,201OctNov: 1,376Nov: 1,128NovDec: 2,401Dec: 1,165Dec

Off-plan Ready

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

Median price per sq ft by month (flats, AED)9851,1781,371Jan: 1,107JanFeb: 1,230FebMar: 1,271MarApr: 1,093AprMay: 1,331MayJun: 1,302JunJul: 1,261JulAug: 1,025AugSep: 1,028SepOct: 1,190OctNov: 1,234NovDec: 1,269Dec

Mortgages by month

Mortgages by month05001.0K1.5KJan: 966JanFeb: 951FebMar: 921MarApr: 982AprMay: 961MayJun: 703JunJul: 1,147JulAug: 974AugSep: 1,379SepOct: 1,281OctNov: 1,077NovDec: 1,078Dec

Typical flat prices by bedrooms

BedroomsMedian priceSales
StudioAED 410,0105,164
1AED 845,8889,431
2AED 1,583,0006,386
3AED 2,985,8161,940
4+AED 5,750,500290

Top areas by home sales

AreaSalesAED per sq ftOff-plan
Dubai Marina (Marsa Dubai) 3,029 1,529 41%
Dubai Hills (Hadaeq Sheikh Mohammed Bin Rashid) 2,073 1,408 92%
Downtown Dubai (Burj Khalifa) 1,875 1,915 72%
Emaar South (Madinat Al Mataar) 1,863 783 96%
Dubai Land Residence Complex (Wadi Al Safa 5) 1,830 610 91%
Dubai Creek Harbour (Al Khairan First) 1,676 1,457 98%
Business Bay 1,495 1,604 74%
Al Merkadh 1,489 1,500 95%
Jumeirah Village Circle (Al Barsha South Fourth) 1,440 916 44%
International City Ph 1 (Al Warsan First) 1,109 470 7%
Jumeirah Lakes Towers (Al Thanyah Fifth) 1,099 925 49%
Al Furjan (Jabal Ali First) 916 772 23%
Dubai Sports City (Al Hebiah Fourth) 824 720 33%
Wadi Al Safa 7 814 881 80%
Palm Jumeirah 741 1,104 18%

Top off-plan projects by sales

ProjectAreaSalesAED per sq ft
Seven City Jlt Jumeirah Lakes Towers 478 941
Grande Burj Khalifa 402 2,102
Parkside Madinat Al Mataar 328 707
Q Zone (Qpoint Phase Iii), Mu005&6 Liwan 328 400
Port De La Mer La Cote La Mer 317 1,742
Socio Dubai Hills 316 1,368
Downtown Views Ii Zaabeel Second 314 1,892
Villanova Amaranta B Dubai Land Residence Complex 301 742
Beach Vista Dubai Marina 300 1,096
Park Ridge Dubai Hills 296 1,526
Collective Dubai Hills 293 1,420
Parkside 2 Madinat Al Mataar 289 681
Burj Royale Burj Khalifa 279 1,749
Mag 5 Boulevard Madinat Al Mataar 278 893
Cherrywoods Mira 265 724

Home sales by month

MonthOff-planReadyValueAED per sq ftMortgages
December 2019 2,401 1,165 AED 6.3B 1,269 1,078
November 2019 1,376 1,128 AED 4.3B 1,234 1,077
October 2019 2,720 1,201 AED 5.8B 1,190 1,281
September 2019 1,665 880 AED 3.5B 1,028 1,379
August 2019 959 873 AED 2.8B 1,025 974
July 2019 2,112 1,228 AED 5.4B 1,261 1,147
June 2019 1,104 623 AED 3.0B 1,302 703
May 2019 1,652 982 AED 4.3B 1,331 961
April 2019 1,506 956 AED 3.8B 1,093 982
March 2019 1,296 869 AED 3.4B 1,271 921
February 2019 1,310 980 AED 4.1B 1,230 951
January 2019 834 830 AED 2.6B 1,107 966

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