Dubai property prices › Month by month › June 2021
The Dubai property market in June 2021
In June 2021 the Dubai Land Department registered 4,945 residential sales worth AED 9.6bn — 181% more than in June 2020, when it registered 1,760, and 239% more by value. Most were completed homes: 2,951, against 1,994 off-plan. A completed home changed hands at a median AED 1.40M, AED 890 a square foot — 28% more a foot than in June 2020.
The month in its year
June 2021 against the twelve months before it
4,945 sales in June 2021 — the most in a month since December 2013, against 1,760 in June 2020. Off-plan was 40% of the month, against 52% a year earlier.
Completed homes
What a completed home sold for in June 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.
| Layout | Sales | Median price | AED/sqft |
|---|---|---|---|
| Studio | 313 | AED 400K | 957 |
| 1 B/R | 661 | AED 750K | 957 |
| 2 B/R | 561 | AED 1.48M | 997 |
| 3 B/R | 764 | AED 1.82M | 786 |
| 4 B/R | 145 | AED 2.84M | 959 |
| 5 B/R | 10 | AED 3.42M | 1,110 |
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 June to 30 June. The busiest was 14 June: 518 sales, AED 972m.
- Off-plan
- 1,994 sales at a median AED 1,362 a square foot — its own line, never blended into the completed-home medians.
- Villas
- 939 of the 4,945, as the register files them. A house sold with its plot is filed as land and is not counted here.
- Payment plans
- 967 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 June, 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 community | Sales | Off-plan | Completed AED/sqft |
|---|---|---|---|
| Mohammed Bin Rashid City | 384 | 344 | 1,561 |
| Business Bay | 365 | 146 | 1,300 |
| Jumeirah Lake Towers | 354 | 229 | 942 |
| Meydan | 350 | 316 | 1,031 |
| International City | 310 | 9 | 419 |
| Dubai Marina | 268 | 25 | 1,123 |
| Dubai Hills Estate | 231 | 51 | 1,021 |
| Jumeirah Village Circle | 224 | 99 | 827 |
| Downtown Dubai | 206 | 87 | 1,655 |
| Damac Hills | 198 | 50 | 900 |
| Palm Jumeirah | 115 | 27 | 1,401 |
| Dubai Harbour | 114 | 114 | — |
| Arjan | 94 | 71 | 889 |
| Town Square | 93 | 8 | 817 |
| Dubai Production City (IMPZ) | 90 | 21 | 881 |
| Dearest community | AED/sqft | Resales |
|---|---|---|
| Downtown Dubai | 1,655 | 119 |
| City Walk | 1,600 | 10 |
| Mohammed Bin Rashid City | 1,561 | 40 |
| Dubai Creek Harbour (The Lagoons) | 1,411 | 18 |
| Palm Jumeirah | 1,401 | 88 |
| Bur Dubai | 1,366 | 19 |
| Jumeirah Golf Estates | 1,355 | 33 |
| Business Bay | 1,300 | 219 |
| Jumeirah Beach Residence | 1,268 | 81 |
| The Views | 1,176 | 17 |
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 June 2021
The 15 buildings with the most sales registered in June, each linking its own recorded history.
| Building | Sales | Off-plan | AED/sqft | |
|---|---|---|---|---|
| 1 | Golf Views Seven CityJumeirah Lake Towers | 228 | all | 1,011 |
| 2 | MAG 980Mohammed Bin Rashid City | 125 | all | 1,198 |
| 3 | AmnaBusiness Bay | 74 | 0 | 1,400 |
| 4 | Elite Business Bay ResidenceBusiness Bay | 65 | 0 | 1,133 |
| 5 | Sobha Creek Vistas Tower BMohammed Bin Rashid City | 62 | all | 1,667 |
| 6 | Souk Al Warsan Townhouses FInternational City | 57 | 0 | 419 |
| 7 | Joya Blanca ResidencesArjan | 55 | all | 779 |
| 8 | Park Residence 1Damac Hills | 47 | 0 | 1,028 |
| 9 | Azizi Riviera 38Meydan | 46 | all | 1,656 |
| 10 | 15 Northside Tower 1Business Bay | 42 | all | 1,760 |
| 11 | Souk Al Warsan Townhouses EInternational City | 41 | 0 | 419 |
| 12 | Souk Al Warsan Townhouses BInternational City | 41 | 0 | 419 |
| 13 | Souk Al Warsan Townhouses CInternational City | 40 | 0 | 419 |
| 14 | Sobha Creek Vistas Tower AMohammed Bin Rashid City | 39 | all | 1,600 |
| 15 | RubaArabian Ranches 3 | 35 | all | 881 |
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 June 2021
The dearest was an AED 120M completed seven-bedroom home at Emirates Golf Club Villas, Emirates Golf Club — 26,033 sq ft at AED 4,590 a square foot, registered on 14 June.
| Registered | Home | Layout | Sq ft | Price | AED/sqft | Sold |
|---|---|---|---|---|---|---|
| 14 Jun 2021 | Emirates Golf Club VillasEmirates Golf Club | 7 B/R | 26,033 | AED 120M | 4,590 | Completed |
| 23 Jun 2021 | BV Residences 3Jumeirah Bay Island | 4 B/R | 12,114 | AED 42M | 3,467 | Completed |
| 16 Jun 2021 | The Crescent W ResidencesPalm Jumeirah | 4 B/R | 8,246 | AED 27M | 3,269 | Off-plan |
| 4 Jun 2021 | Palme Couture ResidencesPalm Jumeirah | 4 B/R | 4,917 | AED 25M | 5,023 | Completed |
| 21 Jun 2021 | One at Palm JumeirahPalm Jumeirah | 4 B/R | 4,999 | AED 23M | 4,585 | Off-plan |
| 23 Jun 2021 | One at Palm JumeirahPalm Jumeirah | 4 B/R | 4,924 | AED 22M | 4,510 | Off-plan |
| 14 Jun 2021 | One at Palm JumeirahPalm Jumeirah | 4 B/R | 5,506 | AED 21M | 3,843 | Off-plan |
| 14 Jun 2021 | The Address Residences Dubai Opera Tower 1Downtown Dubai | 5 B/R | 5,392 | AED 21M | 3,814 | Off-plan |
| 30 Jun 2021 | Atlantis The Royal ResidencesPalm Jumeirah | 4 B/R | 4,739 | AED 20M | 4,209 | Off-plan |
| 16 Jun 2021 | The Crescent W ResidencesPalm Jumeirah | 5 B/R | 7,632 | AED 20M | 2,604 | Off-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 June 2021, answered
How many properties were sold in Dubai in June 2021?
4,945 residential sales were registered at the Dubai Land Department in June 2021, worth AED 9.6bn: 1,994 off-plan and 2,951 completed homes. That is 181% more than in June 2020, when 1,760 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 June 2021?
The dearest apartment or villa registered was an AED 120M completed seven-bedroom home at Emirates Golf Club Villas, Emirates Golf Club — 26,033 sq ft at AED 4,590 a square foot, registered on 14 June. Next came AED 42M at BV Residences 3, Jumeirah Bay Island, and AED 27M at The Crescent W Residences, Palm Jumeirah. 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 June 2021?
Mohammed Bin Rashid City, with 384 registered sales, 344 of them off-plan; then Business Bay (365) and Jumeirah Lake Towers (354). The dearest, by the median price of a square foot of completed home, was Downtown Dubai at AED 1,655 across 119 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.