PBD.ae

Dubai property market 2020

Registered home sales and mortgages in Dubai from 2 January 2020 to 31 December 2020, from Dubai Land Department open data.

Home sales26,600
Total valueAED 43.9B
Off-plan share50%
Median home priceAED 1,150,000
Median price per sq ft (flats)AED 1,037
Median price per sq ft (villas)AED 685
Mortgages12,864
Mortgage valueAED 86.0B

Home sales by month

Home sales by month01.0K2.0K3.0K4.0KJan: 1,060Jan: 1,053JanFeb: 1,997Feb: 1,066FebMar: 1,358Mar: 1,128MarApr: 1,066Apr: 246AprMay: 717May: 356MayJun: 930Jun: 825JunJul: 743Jul: 1,180JulAug: 521Aug: 1,238AugSep: 967Sep: 1,485SepOct: 1,443Oct: 1,597OctNov: 1,334Nov: 1,527NovDec: 1,093Dec: 1,670Dec

Off-plan Ready

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

Median price per sq ft by month (flats, AED)8911,1841,476Jan: 1,017JanFeb: 1,191FebMar: 1,161MarApr: 1,427AprMay: 1,369MayJun: 1,036JunJul: 940JulAug: 951AugSep: 993SepOct: 958OctNov: 996NovDec: 980Dec

Mortgages by month

Mortgages by month05001.0K1.5KJan: 1,118JanFeb: 1,213FebMar: 1,229MarApr: 293AprMay: 495MayJun: 1,023JunJul: 1,135JulAug: 1,192AugSep: 1,351SepOct: 1,388OctNov: 1,276NovDec: 1,151Dec

Typical flat prices by bedrooms

BedroomsMedian priceSales
StudioAED 410,0004,504
1AED 770,0007,895
2AED 1,440,0005,351
3AED 2,457,4001,825
4+AED 5,385,944238

Top areas by home sales

AreaSalesAED per sq ftOff-plan
Dubai Marina (Marsa Dubai) 2,368 1,332 33%
Jumeirah Village Circle (Al Barsha South Fourth) 1,935 900 59%
Al Merkadh 1,676 1,575 91%
Dubai Sports City (Al Hebiah Fourth) 1,605 566 64%
Business Bay 1,487 1,407 53%
Downtown Dubai (Burj Khalifa) 1,444 1,784 63%
Dubai Land Residence Complex (Wadi Al Safa 5) 1,251 850 71%
Town Square (Al Yelayiss 2) 1,195 945 28%
Dubai Hills (Hadaeq Sheikh Mohammed Bin Rashid) 1,098 1,350 63%
Jumeirah Lakes Towers (Al Thanyah Fifth) 1,053 893 33%
International City Ph 1 (Al Warsan First) 1,012 465 33%
Dubai Creek Harbour (Al Khairan First) 908 1,476 94%
Arjan (Al Barshaa South Third) 802 954 43%
Palm Jumeirah 796 1,483 40%
Emaar South (Madinat Al Mataar) 666 781 77%

Top off-plan projects by sales

ProjectAreaSalesAED per sq ft
Elan Dubai Sports City 854 889
Olivz Residence International City Ph 1 299 836
Burj Crown Burj Khalifa 284 1,894
Seven City Jlt Jumeirah Lakes Towers 270 963
Seven Hotel And Apartments The Palm Palm Jumeirah 269 1,774
Sobha Creek Vistas Al Merkadh 237 1,639
Wavez Residence Liwan 217 863
Aark Terraces Al Merkadh 216 1,210
Mag Eye Phase 1 Dubai Hills 214 1,059
Signature Livings Jumeirah Village Circle 199 1,107
La Vie Dubai Marina 195 1,776
Marina Vista Dubai Marina 189 2,116
Pantheon Elysee Jumeirah Village Circle 182 1,038
Grande Burj Khalifa 178 3,130
Sobha Hartland Greens Phase Iii Al Merkadh 168 1,515

Home sales by month

MonthOff-planReadyValueAED per sq ftMortgages
December 2020 1,093 1,670 AED 4.8B 980 1,151
November 2020 1,334 1,527 AED 4.8B 996 1,276
October 2020 1,443 1,597 AED 5.2B 958 1,388
September 2020 967 1,485 AED 4.0B 993 1,351
August 2020 521 1,238 AED 2.8B 951 1,192
July 2020 743 1,180 AED 3.1B 940 1,135
June 2020 930 825 AED 2.8B 1,036 1,023
May 2020 717 356 AED 1.6B 1,369 495
April 2020 1,066 246 AED 2.5B 1,427 293
March 2020 1,358 1,128 AED 4.3B 1,161 1,229
February 2020 1,997 1,066 AED 4.8B 1,191 1,213
January 2020 1,060 1,053 AED 3.1B 1,017 1,118

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