Area · Transactions · 2021

Al Merkadh Property Transactions 2021

2,932 property sales worth ⃃ 6B were registered in Al Merkadh in 2021, 57.5% higher than 2020 by number of sales. The median sale price was ⃃ 1,165,382 and the median price per square foot ⃃ 1,629 (+4.1% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 2,932 salesUpdated: 17 Oct 2026
Property sales
2,932
+57.5% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 6B
+39.4% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 1,165,382
−6.1% vs 2020
2,932 sales
Median price per sq ft
⃃ 1,629
+4.1% vs 2020
2,932 sales

What types of property sold in Al Merkadh in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,67891.3%⃃ 3.3B⃃ 1,037,720⃃ 1,625
Villas1575.4%⃃ 2B⃃ 11,797,363⃃ 1,710
Commercial481.6%⃃ 87.78M⃃ 1,398,012⃃ 2,202

How were 2021 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)2,75393.9%⃃ 4.5B⃃ 1,102,940⃃ 1,632
Resale (secondary)1796.1%⃃ 1.5B⃃ 6,000,000⃃ 1,509
Off-plan2,54986.9%⃃ 3.2B⃃ 1,033,868⃃ 1,640
Ready38313.1%⃃ 2.8B⃃ 3,325,463⃃ 1,546

How many rental contracts were registered in Al Merkadh in 2021?

734 rental contracts (new and renewed) were registered in Al Merkadh in 2021, at a median annual rent of ⃃ 65,000 (−29.2% on 2020). Rental yields in Al Merkadh

What were the most expensive property sales in Al Merkadh in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/09/2021Azizi Riviera BeachfrontPlot82,520 sq ft⃃ 68,054,576Primary · Ready
25/07/2021District One Villas, Phase 27 beds · Villa16,921 sq ft⃃ 52,000,000Resale · Ready
22/06/2021District One Villas, Phase 16 beds · Villa29,819 sq ft⃃ 40,000,000Resale · Ready
10/02/2021District One Villas, Phase 16 beds · Villa16,701 sq ft⃃ 35,000,000Resale · Ready
19/09/2021Azizi Riviera 46Plot66,076 sq ft⃃ 33,002,353Primary · Ready
20/12/2021District One Villas, Phase 16 beds · Villa18,795 sq ft⃃ 32,000,000Resale · Ready
03/10/2021District One Villas, Phase 26 beds · Villa13,148 sq ft⃃ 30,462,000Resale · Ready
19/09/2021Azizi Riviera 44Plot55,725 sq ft⃃ 27,877,976Primary · Ready
16/12/2021Azizi Riviera 43Plot55,020 sq ft⃃ 27,495,023Primary · Ready
15/09/2021District One Villas, Phase 26 beds · Villa21,760 sq ft⃃ 26,500,000Resale · Ready

What were the last registered sales of 2021?

No transactions on record for this selection.

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 2021 with the whole of 2020.
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/2021
Al Merkadh Property Transactions 2021. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-merkadh/2021

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 2021?
2,932 property sales worth ⃃ 5,984,695,146 were registered in Al Merkadh in 2021. That is 57.5% higher than 2020.
What was the median property price in Al Merkadh in 2021?
The median sale price was ⃃ 1,165,382 and the median price per square foot ⃃ 1,629 (1 Jan – 31 Dec 2021).
What share of 2021 sales in Al Merkadh were off-plan or from developers?
Developer (primary) sales were 93.9% of the 2,932 sales and resales 6.1%. Off-plan units made up 86.9% and ready units 13.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-merkadh/2021