Area · Transactions · 2020

Downtown Dubai Property Transactions 2020

1,771 property sales worth ⃃ 5B were registered in Downtown Dubai in 2020, 19.5% lower than 2019 by number of sales. The median sale price was ⃃ 1,991,888 and the median price per square foot ⃃ 1,836 (−5.5% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 1,771 salesUpdated: 17 Oct 2026
Property sales
1,771
−19.5% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 5B
−31.7% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 1,991,888
+1.4% vs 2019
1,771 sales
Median price per sq ft
⃃ 1,836
−5.5% vs 2019
1,771 sales

What types of property sold in Downtown Dubai in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,75499%⃃ 4.9B⃃ 1,970,388⃃ 1,841
Commercial130.7%⃃ 107.53M⃃ 6,325,000⃃ 1,800

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)1,02257.7%⃃ 3.3B⃃ 2,249,500⃃ 1,986
Resale (secondary)74942.3%⃃ 1.7B⃃ 1,550,000⃃ 1,418
Off-plan89750.6%⃃ 2.7B⃃ 2,132,888⃃ 1,960
Ready87449.4%⃃ 2.3B⃃ 1,742,849⃃ 1,536

How many rental contracts were registered in Downtown Dubai in 2020?

7,758 rental contracts (new and renewed) were registered in Downtown Dubai in 2020, at a median annual rent of ⃃ 94,155 (−10.3% on 2019). Rental yields in Downtown Dubai

What were the most expensive property sales in Downtown Dubai in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/09/2020Il Primo6 beds · Apartment16,819 sq ft⃃ 58,655,744Primary · Off-plan
20/10/2020Burj KhalifaCommercial11,355 sq ft⃃ 33,000,000Resale · Ready
04/10/2020The Address Residence Fountain Views 34 beds · Apartment8,307 sq ft⃃ 32,482,806Primary · Ready
23/02/2020Il Primo4 beds · Apartment5,300 sq ft⃃ 20,986,888Primary · Off-plan
05/02/2020Il Primo4 beds · Apartment5,300 sq ft⃃ 20,949,888Primary · Off-plan
13/02/2020Il Primo4 beds · Apartment5,300 sq ft⃃ 20,837,888Primary · Off-plan
13/04/2020Il Primo4 beds · Apartment5,300 sq ft⃃ 20,687,888Primary · Off-plan
24/11/2020Il Primo4 beds · Apartment5,300 sq ft⃃ 20,500,888Primary · Off-plan
12/08/2020Il Primo4 beds · Apartment5,176 sq ft⃃ 20,453,866Resale · Off-plan
16/11/2020Il Primo4 beds · Apartment5,176 sq ft⃃ 20,404,888Primary · Off-plan

What were the last registered sales of 2020?

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 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/downtown-dubai/2020
Downtown Dubai Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/downtown-dubai/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 Downtown Dubai in 2020?
1,771 property sales worth ⃃ 5,012,766,157 were registered in Downtown Dubai in 2020. That is 19.5% lower than 2019.
What was the median property price in Downtown Dubai in 2020?
The median sale price was ⃃ 1,991,888 and the median price per square foot ⃃ 1,836 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Downtown Dubai were off-plan or from developers?
Developer (primary) sales were 57.7% of the 1,771 sales and resales 42.3%. Off-plan units made up 50.6% and ready units 49.4%. Primary/resale and off-plan/ready are different splits.

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