Area · Transactions · 2020

Al Merkadh Property Transactions 2020

1,861 property sales worth ⃃ 4.3B were registered in Al Merkadh in 2020, 13.3% higher than 2019 by number of sales. The median sale price was ⃃ 1,240,974 and the median price per square foot ⃃ 1,565 (+4.9% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 1,861 salesUpdated: 17 Oct 2026
Property sales
1,861
+13.3% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 4.3B
+67.3% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 1,240,974
+65.2% vs 2019
1,861 sales
Median price per sq ft
⃃ 1,565
+4.9% vs 2019
1,861 sales

What types of property sold in Al Merkadh in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,68690.6%⃃ 2.2B⃃ 1,216,880⃃ 1,579
Villas1206.4%⃃ 1.5B⃃ 10,500,000⃃ 1,303
Commercial130.7%⃃ 22.16M⃃ 1,652,200⃃ 2,071

How were 2020 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)1,79496.4%⃃ 3.9B⃃ 1,234,913⃃ 1,574
Resale (secondary)673.6%⃃ 419.06M⃃ 7,000,000⃃ 1,176
Off-plan1,50680.9%⃃ 2.7B⃃ 1,223,853⃃ 1,606
Ready35519.1%⃃ 1.6B⃃ 1,329,075⃃ 1,478

How many rental contracts were registered in Al Merkadh in 2020?

482 rental contracts (new and renewed) were registered in Al Merkadh in 2020, at a median annual rent of ⃃ 91,750 (−71.3% on 2019). Rental yields in Al Merkadh

What were the most expensive property sales in Al Merkadh in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/06/2020District One Villas, Phase 16 beds · Villa29,819 sq ft⃃ 60,000,000Resale · Off-plan
30/04/2020District One Villas, Phase 27 beds · Villa22,756 sq ft⃃ 58,000,000Primary · Off-plan
03/05/2020District One Villas, Phase 27 beds · Villa22,598 sq ft⃃ 56,000,000Primary · Off-plan
30/04/2020Al MerkadhPlot31,133 sq ft⃃ 55,000,000Primary · Ready
25/03/2020District One Villas, Phase 2Villa16,105 sq ft⃃ 31,000,000Primary · Off-plan
21/06/2020District One Villas, Phase 17 beds · Villa18,936 sq ft⃃ 25,000,000Resale · Off-plan
09/04/2020Azizi Riviera 25Plot47,514 sq ft⃃ 23,748,087Primary · Ready
24/03/2020District One Villas, Phase 17 beds · Villa15,328 sq ft⃃ 23,400,000Primary · Off-plan
09/11/2020Al MerkadhPlot15,473 sq ft⃃ 21,000,000Primary · Ready
21/10/2020Al MerkadhPlot31,080 sq ft⃃ 20,658,435Primary · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
31/12/2020Sobha Hartland Greens Building 51 bed · Apartment827 sq ft⃃ 1,210,640Primary · Ready
31/12/2020Sobha Hartland Greens Building 6Studio · Apartment476 sq ft⃃ 737,200Primary · Ready
31/12/2020Sobha Hartland Greens Building 52 beds · Apartment1,176 sq ft⃃ 1,728,400Primary · Ready
31/12/2020Azizi Riviera 33Studio · Apartment363 sq ft⃃ 528,352Primary · Off-plan
31/12/2020Azizi Riviera 26Studio · Apartment352 sq ft⃃ 511,847Primary · Off-plan
31/12/2020Al MerkadhPlot18,500 sq ft⃃ 12,950,000Primary · Ready
31/12/2020Al MerkadhPlot16,020 sq ft⃃ 11,214,000Primary · Ready
31/12/2020Al MerkadhPlot29,068 sq ft⃃ 18,167,500Primary · Ready
31/12/2020Al MerkadhPlot16,038 sq ft⃃ 11,226,600Primary · Ready
30/12/2020Sobha Hartland Greens Building 6Studio · Apartment484 sq ft⃃ 764,845Primary · Ready

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 2020 with the whole of 2019.
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/2020
Al Merkadh Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-merkadh/2020

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 2020?
1,861 property sales worth ⃃ 4,293,338,468 were registered in Al Merkadh in 2020. That is 13.3% higher than 2019.
What was the median property price in Al Merkadh in 2020?
The median sale price was ⃃ 1,240,974 and the median price per square foot ⃃ 1,565 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Al Merkadh were off-plan or from developers?
Developer (primary) sales were 96.4% of the 1,861 sales and resales 3.6%. Off-plan units made up 80.9% and ready units 19.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-merkadh/2020