City · Transactions · 2018

Dubai Property Transactions 2018

32,962 property sales worth ⃃ 75.4B were registered in Dubai in 2018, 30.2% lower than 2017 by number of sales. The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,040 (+0.6% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 32,962 salesUpdated: 17 Oct 2026
Property sales
32,962
−30.2% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 75.4B
−35.3% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,100,000
−8.3% vs 2017
32,962 sales
Median price per sq ft
⃃ 1,040
+0.6% vs 2017
32,962 sales

What types of property sold in Dubai in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24,37573.9%⃃ 30B⃃ 850,888⃃ 1,201
Villas3,1679.6%⃃ 12.2B⃃ 2,850,000⃃ 893
Commercial1,5004.6%⃃ 1.9B⃃ 806,580⃃ 800

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)21,67065.7%⃃ 46.9B⃃ 1,057,888⃃ 1,179
Resale (secondary)11,29234.3%⃃ 28.5B⃃ 1,200,000⃃ 872
Off-plan16,12348.9%⃃ 23.4B⃃ 1,056,510⃃ 1,306
Ready16,83951.1%⃃ 52B⃃ 1,150,000⃃ 884

How many rental contracts were registered in Dubai in 2018?

511,125 rental contracts (new and renewed) were registered in Dubai in 2018, at a median annual rent of ⃃ 63,000 (−4.5% on 2017). Rental yields in Dubai

What were the most expensive property sales in Dubai in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/06/2018Ubora Tower 2Building1,723,935 sq ft⃃ 750,000,000Resale · Ready
06/08/2018Downtown DubaiPlot62,443 sq ft⃃ 631,734,649Resale · Ready
19/02/2018Business BayPlot56,937 sq ft⃃ 450,000,000Primary · Ready
12/09/2018Port De La MerPlot334,392 sq ft⃃ 371,225,681Primary · Ready
26/06/2018Sobha HartlandPlot413,266 sq ft⃃ 360,000,000Primary · Ready
18/06/2018Business BayPlot40,468 sq ft⃃ 350,000,000Primary · Ready
02/10/2018Wadi Al Safa 4Plot1,551,249 sq ft⃃ 288,750,000Primary · Ready
01/04/2018Muhaisanah FirstPlot625,446 sq ft⃃ 276,226,203Resale · Ready
28/05/2018Al Qusais Industrial SecondPlot199,758 sq ft⃃ 255,000,000Primary · Ready
29/03/2018Dubai International Academic CityPlot312,543 sq ft⃃ 245,589,013Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
31/12/2018Cote D'Azur - St. TropezStudio · Apartment406 sq ft⃃ 1,350,000Primary · Off-plan
31/12/2018Park Ridge Tower C2 beds · Apartment989 sq ft⃃ 1,475,888Primary · Off-plan
31/12/2018The Palm TowerStudio · Apartment524 sq ft⃃ 1,791,600Primary · Off-plan
31/12/2018Dragon Towers - Tower B1 bed · Apartment625 sq ft⃃ 503,100Primary · Off-plan
31/12/2018Imperial Avenue1 bed · Apartment873 sq ft⃃ 1,550,000Primary · Off-plan
31/12/2018Sobha Creek Vistas Tower A1 bed · Apartment490 sq ft⃃ 777,239Primary · Off-plan
31/12/2018Joya Verde Residence Dubai1 bed · Apartment594 sq ft⃃ 533,150Primary · Off-plan
31/12/2018Joya Verde Residence DubaiStudio · Apartment437 sq ft⃃ 450,000Primary · Off-plan
31/12/2018Harbour Gate Tower 11 bed · Apartment684 sq ft⃃ 1,230,888Primary · Off-plan
31/12/2018Harbour Gate Tower 12 beds · Apartment1,141 sq ft⃃ 1,441,888Primary · 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/dubai/2018
Dubai Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dubai/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 Dubai in 2018?
32,962 property sales worth ⃃ 75,400,929,192 were registered in Dubai in 2018. That is 30.2% lower than 2017.
What was the median property price in Dubai in 2018?
The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,040 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Dubai were off-plan or from developers?
Developer (primary) sales were 65.7% of the 32,962 sales and resales 34.3%. Off-plan units made up 48.9% and ready units 51.1%. Primary/resale and off-plan/ready are different splits.

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