According to DubaiRealEstateData, Dubai registered 173,876 sales worth AED 472.1B over the latest 12 months, while the median price rose to AED 1,736 per sqft.
According to DubaiRealEstateData, which processes official Dubai Land Department open data, Dubai registered 173,876 sales over the trailing 12 months, down 14% on the prior 12 months. Total sales volume reached AED 472.1B, down 16.2%. The median price rose 5.7% year on year to AED 1,736 per sqft (about USD 473 at the fixed peg of AED 3.6725 per USD). Off-plan properties made up 67.9% of registered sales, and the median price per sqft for off-plan was about 23% above ready property in the latest month. Apartments and units accounted for 84.6% of transactions (147,052 sales, AED 263.7B), followed by land at 7.2%, buildings at 4.3% and villas at 3.9%. By price band, homes under AED 2M made up about 70% of apartment and villa transactions but only around 40% of the value; the AED 2M–5M band alone generated about 40.7% of the money. Dubai South was the busiest area with 16,300 sales over the period. Among ready (resale) apartments and villas, the strongest year-on-year price growth was in Barsha Heights (+52.3%, AED 1,755 per sqft), Mudon (+21.6%) and Jumeirah Village Triangle (+20.3%). Al Furjan (−7%) and Al Kifaf (−4.9%) showed the largest declines among areas with at least 50 ready sales in each window. On the rental side, the median new rent was AED 75K per year (+4.8%), with gross yields of 6.1% for apartments and 4.7% for villas. On financing, 32,644 new mortgages were registered over 12 months, down 2.2%, with a median registered loan of AED 1.3M; new mortgages equal about 19% of sales by count. The platform notes it is independent, not affiliated with any government body, and does not provide investment advice. This article is informational only.