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Dubai property prices › Month by month › September 2021

The Dubai property market in September 2021

In September 2021 the Dubai Land Department registered 4,818 residential sales worth AED 10.7bn — 99% more than in September 2020, when it registered 2,426, and 181% more by value. Most were completed homes: 2,518, against 2,300 off-plan. A completed home changed hands at a median AED 1.46M, AED 894 a square foot — 33% more a foot than in September 2020.

Sales registered
4,818
+99% on September 2020 (2,426)
Value
AED 10.7bn
+181% on September 2020 (AED 3.8bn)
Off-plan
2,300
48% of the month · 2,518 completed
Completed homes, median
AED 894
per sq ft · AED 1.46M a home · +33% on September 2020

The month in its year

September 2021 against the twelve months before it

Residential sales registered, by monthOff-planResale4,818 in September 2021
2,426
4,818
S2020ONDJ2021FMAMJJAS

4,818 sales in September 2021, against 2,426 in September 2020. Off-plan was 48% of the month, against 39% a year earlier.

Completed homes

What a completed home sold for in September 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
Studio311AED 400K898
1 B/R595AED 742K891
2 B/R574AED 1.57M1,038
3 B/R353AED 2.46M917
4 B/R112AED 3.23M987
5 B/R11AED 4.94M1,133

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 September to 30 September. The busiest was 6 September: 514 sales, AED 995m.
Off-plan
2,300 sales at a median AED 1,150 a square foot — its own line, never blended into the completed-home medians.
Villas
1,301 of the 4,818, as the register files them. A house sold with its plot is filed as land and is not counted here.
Payment plans
765 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 September, 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
Business Bay4121901,400
Jumeirah Village Circle278106733
Jumeirah Lake Towers250162926
Downtown Dubai2151211,589
Mohammed Bin Rashid City213182741
Dubai Hills Estate212851,247
Dubai Marina195491,228
Damac Hills193391,146
Villanova188185808
Dubai South (Dubai World Central)181172654
Damac Hills 21808702
Dubai Harbour1611512,258
Arabian Ranches 3161161—
Dubai Creek Harbour (The Lagoons)122671,704
The Valley105105—
Dearest communityAED/sqftResales
Dubai Harbour2,25810
Dubai Creek Harbour (The Lagoons)1,70455
Downtown Dubai1,58994
Palm Jumeirah1,46850
Business Bay1,400222
Bur Dubai1,36216
Jumeirah Beach Residence1,34750
Dubai Hills Estate1,247127
Dubai Marina1,228146
The Views1,18113

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 September 2021

The 15 buildings with the most sales registered in September, 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 September 2021

The dearest was an AED 48M off-plan five-bedroom home at IL Primo, Downtown Dubai — 11,407 sq ft at AED 4,223 a square foot, registered on 23 September.

RegisteredHomeLayoutSq ftPriceAED/sqftSold
23 Sept 2021IL PrimoDowntown Dubai5 B/R11,407AED 48M4,223Off-plan
29 Sept 2021Emirates Golf Club VillasEmirates Golf Club7 B/R18,883AED 47M2,489Completed
29 Sept 2021Emirates Golf Club VillasEmirates Golf Club7 B/R17,927AED 47M2,622Completed
29 Sept 2021Emirates Golf Club VillasEmirates Golf Club7 B/R17,074AED 47M2,753Completed
29 Sept 2021Emirates Golf Club VillasEmirates Golf Club7 B/R15,024AED 46M3,054Completed
29 Sept 2021Emirates Golf Club VillasEmirates Golf Club7 B/R18,655AED 44M2,359Completed
13 Sept 2021IL PrimoDowntown Dubai5 B/R11,407AED 41M3,589Off-plan
27 Sept 2021VolanteBusiness Bay5 B/R10,805AED 40M3,657Completed
14 Sept 2021One at Palm JumeirahPalm Jumeirah4 B/R5,738AED 32M5,519Off-plan
8 Sept 2021Dorchester Collection DubaiBusiness Bay4 B/R7,934AED 29M3,705Off-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 September 2021, answered

How many properties were sold in Dubai in September 2021?

4,818 residential sales were registered at the Dubai Land Department in September 2021, worth AED 10.7bn: 2,300 off-plan and 2,518 completed homes. That is 99% more than in September 2020, when 2,426 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 September 2021?

The dearest apartment or villa registered was an AED 48M off-plan five-bedroom home at IL Primo, Downtown Dubai — 11,407 sq ft at AED 4,223 a square foot, registered on 23 September. Next came AED 47M at Emirates Golf Club Villas, Emirates Golf Club, and AED 47M 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 September 2021?

Business Bay, with 412 registered sales, 222 of them completed homes; then Jumeirah Village Circle (278) and Jumeirah Lake Towers (250). The dearest, by the median price of a square foot of completed home, was Dubai Harbour at AED 2,258 across 10 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 Sept 2021.

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What is yours worth this month?

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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