Area · Transactions · 2018

Al Merkadh Property Transactions 2018

1,823 property sales worth ⃃ 3B were registered in Al Merkadh in 2018, 196.4% higher than 2017 by number of sales. The median sale price was ⃃ 640,700 and the median price per square foot ⃃ 1,476 (+0.4% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 1,823 salesUpdated: 17 Oct 2026
Property sales
1,823
+196.4% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 3B
+42.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 640,700
−33.4% vs 2017
1,823 sales
Median price per sq ft
⃃ 1,476
+0.4% vs 2017
1,823 sales

What types of property sold in Al Merkadh in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,74595.7%⃃ 1.5B⃃ 616,342⃃ 1,476
Villas502.7%⃃ 594.61M⃃ 10,400,000⃃ 1,482
Commercial130.7%⃃ 19.84M⃃ 1,580,000⃃ 1,997

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1,78798%⃃ 2.7B⃃ 634,751⃃ 1,477
Resale (secondary)362%⃃ 300.49M⃃ 8,440,000⃃ 1,395
Off-plan1,75096%⃃ 2B⃃ 618,040⃃ 1,478
Ready734%⃃ 957.07M⃃ 1,248,813⃃ 1,427

How many rental contracts were registered in Al Merkadh in 2018?

143 rental contracts (new and renewed) were registered in Al Merkadh in 2018, at a median annual rent of ⃃ 355,000 (−13.4% on 2017). Rental yields in Al Merkadh

What were the most expensive property sales in Al Merkadh in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/06/2018Sobha HartlandPlot413,266 sq ft⃃ 360,000,000Primary · Ready
23/05/2018Al MerkadhPlot5,843,907 sq ft⃃ 163,508,091Primary · Ready
23/05/2018Al MerkadhPlot2,852,178 sq ft⃃ 66,615,029Primary · Ready
23/05/2018District One Villas, Phase 2Villa3,892,204 sq ft⃃ 59,266,781Primary · Off-plan
03/06/2018Kensington WatersPlot108,247 sq ft⃃ 28,957,410Primary · Ready
03/06/2018Al MerkadhPlot50,404 sq ft⃃ 28,460,230Primary · Ready
02/04/2018Azizi Riviera 37Plot40,608 sq ft⃃ 26,809,092Primary · Ready
02/01/2018District One Villas, Phase 26 beds · Villa13,792 sq ft⃃ 26,178,320Resale · Off-plan
23/05/2018Al MerkadhPlot1,105,037 sq ft⃃ 25,809,078Primary · Ready
18/03/2018Azizi Riviera 34Plot49,343 sq ft⃃ 24,673,763Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
31/12/2018Sobha Creek Vistas Tower A1 bed · Apartment490 sq ft⃃ 777,239Primary · Off-plan
30/12/2018Azizi Riviera 351 bed · Apartment599 sq ft⃃ 844,593Primary · Off-plan
30/12/2018District One Residences 51 bed · Apartment767 sq ft⃃ 1,234,653Primary · Off-plan
30/12/2018District One Villas, Phase 16 beds · Villa12,213 sq ft⃃ 11,000,000Resale · Off-plan
27/12/2018District One Residences 141 bed · Apartment760 sq ft⃃ 1,160,059Primary · Off-plan
27/12/2018District One Residences 141 bed · Apartment756 sq ft⃃ 1,217,508Primary · Off-plan
27/12/2018Gemini Splendor1 bed · Apartment861 sq ft⃃ 1,223,339Primary · Ready
26/12/2018Sobha Hartland Greens Building 31 bed · Apartment858 sq ft⃃ 1,248,813Primary · Ready
26/12/2018Sobha Hartland Greens Building 31 bed · Apartment864 sq ft⃃ 1,230,309Primary · Ready
26/12/2018Azizi Riviera 22Studio · Apartment296 sq ft⃃ 484,197Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/al-merkadh/2018
Al Merkadh Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-merkadh/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Al Merkadh in 2018?
1,823 property sales worth ⃃ 2,994,868,306 were registered in Al Merkadh in 2018. That is 196.4% higher than 2017.
What was the median property price in Al Merkadh in 2018?
The median sale price was ⃃ 640,700 and the median price per square foot ⃃ 1,476 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Al Merkadh were off-plan or from developers?
Developer (primary) sales were 98% of the 1,823 sales and resales 2%. Off-plan units made up 96% and ready units 4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-merkadh/2018