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Dubai property prices › Month by month › April 2021

The Dubai property market in April 2021

In April 2021 the Dubai Land Department registered 3,955 residential sales worth AED 7.5bn — 198% more than in April 2020, when it registered 1,328, and 205% more by value. Most were completed homes: 2,138, against 1,817 off-plan. A completed home changed hands at a median AED 1.35M, AED 831 a square foot — 6% less a foot than in April 2020.

Sales registered
3,955
+198% on April 2020 (1,328)
Value
AED 7.5bn
+205% on April 2020 (AED 2.5bn)
Off-plan
1,817
46% of the month · 2,138 completed
Completed homes, median
AED 831
per sq ft · AED 1.35M a home · −6% on April 2020

The month in its year

April 2021 against the twelve months before it

Residential sales registered, by monthOff-planResale3,955 in April 2021
1,328
3,955
A2020MJJASONDJ2021FMA

3,955 sales in April 2021 — the most in a month since October 2019, against 1,328 in April 2020. Off-plan was 46% of the month, against 80% a year earlier.

Completed homes

What a completed home sold for in April 2021

Resales of completed homes, by layout — a layout prints at ten sales. Off-plan is kept out: a launch price is a developer’s schedule, not a market, and the month’s off-plan sales have their own line beside the table.

LayoutSalesMedian priceAED/sqft
Studio228AED 330K721
1 B/R539AED 700K874
2 B/R508AED 1.37M936
3 B/R302AED 1.88M836
4 B/R99AED 2.65M840
5 B/R20AED 3.57M1,148

Medians of what buyers paid at transfer, never an asking price. Each is a month’s sales, so a layout’s figure moves with which buildings happened to sell as well as with prices; the year-long reading of the same register is on Dubai property prices.

Registration days
22, 1 April to 30 April. The busiest was 26 April: 435 sales, AED 928m.
Off-plan
1,817 sales at a median AED 1,035 a square foot — its own line, never blended into the completed-home medians.
Villas
1,080 of the 3,955, as the register files them. A house sold with its plot is filed as land and is not counted here.
Payment plans
668 registered under the Land Department’s payment-plan and delayed-sale procedures.

Where the sales were

The busiest communities, and the dearest

The communities with the most sales registered in April, launches and resales together; beside them the dearest, by the median price of a square foot of completed home at ten resales or more.

Busiest communitySalesOff-planCompleted AED/sqft
Mohammed Bin Rashid City2732571,539
Jumeirah Village Circle249149722
Jumeirah Lake Towers211125770
Dubai Marina205131,299
Dubai Hills Estate19060908
Downtown Dubai154681,292
Business Bay148461,150
Damac Hills147241,008
Dubai Sports City14618482
Dubai Harbour141141—
Town Square14019803
Arjan134115813
Villanova124102698
Rukan110110—
Al Jaddaf10495699
Dearest communityAED/sqftResales
Bluewaters2,12622
Dubai Creek Harbour (The Lagoons)1,65412
Mohammed Bin Rashid City1,53916
Dubai Marina1,299192
Downtown Dubai1,29286
Meydan1,20527
Business Bay1,150102
Palm Jumeirah1,13668
The Views1,12521
Damac Hills1,008123

A community counts the sales of every building and villa project in it that has a page here. A sale the register files where we have no page — a plot, a tower not yet placed — is in the month’s total and in neither table. The busiest table’s price is completed homes only, so a community that sold nothing but launches has none; the dearest table ranks completed homes alone.

Buildings

The busiest towers in April 2021

The 15 buildings with the most sales registered in April, each linking its own recorded history.

Every sale the tower registered in the month. The price is its median a square foot where it sold one kind of home — off-plan or completed — and a dash where it sold both, because the two are never averaged together.

The record sales

The dearest homes registered in April 2021

The dearest was an AED 105M completed six-bedroom home at Emirates Golf Club Villas, Emirates Golf Club — 20,756 sq ft at AED 5,059 a square foot, registered on 26 April.

RegisteredHomeLayoutSq ftPriceAED/sqftSold
26 Apr 2021Emirates Golf Club VillasEmirates Golf Club6 B/R20,756AED 105M5,059Completed
26 Apr 2021Emirates Golf Club VillasEmirates Golf Club7 B/R20,350AED 89M4,382Completed
26 Apr 2021Emirates Golf Club VillasEmirates Golf Club7 B/R22,499AED 40M1,794Completed
8 Apr 2021Emirates Golf Club VillasEmirates Golf Club7 B/R19,406AED 35M1,804Completed
19 Apr 2021Balqis Residences-Beach VillasPalm Jumeirah5 B/R13,913AED 24M1,689Completed
8 Apr 2021BV Residences 2Jumeirah Bay Island4 B/R9,405AED 22M2,361Off-plan
28 Apr 2021IL PrimoDowntown Dubai4 B/R5,333AED 22M4,032Off-plan
5 Apr 2021Bluewaters Residences Building 6Bluewaters5 B/R9,232AED 21M2,275Completed
12 Apr 2021Palme Couture ResidencesPalm Jumeirah3 B/R4,757AED 21M4,362Completed
12 Apr 2021BV Residences 1Jumeirah Bay Island4 B/R9,112AED 21M2,251Off-plan

Apartments and villas as the register files them. A house registered with its plot is filed as land, so a mansion can be missing here; it is read apart, with every year’s record since 2015, on the most expensive homes sold in Dubai. A home with no page here is named by the Land Department’s area.

Questions people ask

The Dubai property market in April 2021, answered

How many properties were sold in Dubai in April 2021?

3,955 residential sales were registered at the Dubai Land Department in April 2021, worth AED 7.5bn: 1,817 off-plan and 2,138 completed homes. That is 198% more than in April 2020, when 1,328 were registered. The count is of transfers the Land Department registered in the month; mortgage registrations, gifts, lease-to-own conversions, developers' own filings and transfers recorded at a fraction of what a home sells for are left out, because none of them is a price a buyer paid.

What was the most expensive home sold in Dubai in April 2021?

The dearest apartment or villa registered was an AED 105M completed six-bedroom home at Emirates Golf Club Villas, Emirates Golf Club — 20,756 sq ft at AED 5,059 a square foot, registered on 26 April. Next came AED 89M at Emirates Golf Club Villas, Emirates Golf Club, and AED 40M at Emirates Golf Club Villas, Emirates Golf Club. A house registered with its plot is filed as land rather than as a villa, so it is read apart, on the page for the most expensive homes sold in Dubai.

Which area of Dubai had the most property sales in April 2021?

Mohammed Bin Rashid City, with 273 registered sales, almost all of them off-plan; then Jumeirah Village Circle (249) and Jumeirah Lake Towers (211). The dearest, by the median price of a square foot of completed home, was Bluewaters at AED 2,126 across 22 resales. A community counts every building and villa project in it that has a page here.

The same register read as a year rather than a month: what every community and building sells for now is Dubai property prices, and how far prices have moved since 2020 is the Dubai property price index. Rents are read from the Ejari register as a year, with a new lease kept apart from a renewal, on Dubai rent prices.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 30 Apr 2021.

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We read this register every day. Tell us the building and the unit and we will tell you what the last comparable sold for, and what this month's sales say about yours.

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