Area · Transactions · 2024

Madinat Dubai Almelaheyah Property Transactions 2024

5,013 property sales worth ⃃ 13.5B were registered in Madinat Dubai Almelaheyah in 2024, 172.0% higher than 2023 by number of sales. The median sale price was ⃃ 2,025,660 and the median price per square foot ⃃ 2,356 (+25.6% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 5,013 salesUpdated: 17 Oct 2026
Property sales
5,013
+172.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 13.5B
+104.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,025,660
−5.4% vs 2023
5,013 sales
Median price per sq ft
⃃ 2,356
+25.6% vs 2023
5,013 sales

What types of property sold in Madinat Dubai Almelaheyah in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4,99599.6%⃃ 11.5B⃃ 2,020,000⃃ 2,356
Commercial40.1%⃃ 26.77M⃃ 6,995,000⃃ 3,600

How were 2024 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)4,82396.2%⃃ 12.7B⃃ 2,017,820⃃ 2,372
Resale (secondary)1903.8%⃃ 862.09M⃃ 2,159,881⃃ 1,962
Off-plan4,97299.2%⃃ 11.4B⃃ 2,020,000⃃ 2,359
Ready410.8%⃃ 2.1B⃃ 3,500,000⃃ 1,855

How many rental contracts were registered in Madinat Dubai Almelaheyah in 2024?

2,768 rental contracts (new and renewed) were registered in Madinat Dubai Almelaheyah in 2024, at a median annual rent of ⃃ 74,800 (+8.9% on 2023). Rental yields in Madinat Dubai Almelaheyah

What were the most expensive property sales in Madinat Dubai Almelaheyah in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/01/2024Dubai Maritime CityPlot1,144,476 sq ft⃃ 614,962,740Primary · Ready
29/07/2024Dubai Maritime CityPlot258,517 sq ft⃃ 442,176,000Primary · Ready
11/06/2024Rashid Yachts And MarinaPlot404,489 sq ft⃃ 212,359,000Primary · Ready
30/01/202431 AbovePlot90,168 sq ft⃃ 141,338,055Primary · Ready
18/01/2024IL VENTOPlot40,015 sq ft⃃ 120,500,000Resale · Ready
30/01/2024Dubai Maritime CityPlot101,962 sq ft⃃ 116,237,062Primary · Ready
01/02/2024LIV MaritimePlot38,112 sq ft⃃ 107,000,000Resale · Ready
03/06/2024LIV MaritimePlot38,112 sq ft⃃ 107,000,000Resale · Ready
08/11/2024Franck Muller YachtingPlot81,705 sq ft⃃ 81,754,890Resale · Ready
16/12/2024Dubai Maritime CityPlot30,011 sq ft⃃ 40,000,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
31/12/2024The Pier1 bed · Apartment763 sq ft⃃ 1,580,797Primary · Off-plan
31/12/2024Marina Place 11 bed · Apartment819 sq ft⃃ 2,791,888Primary · Off-plan
31/12/2024Marina Place 11 bed · Apartment802 sq ft⃃ 2,590,888Primary · Off-plan
31/12/2024Marina Place 13 beds · Apartment1,723 sq ft⃃ 5,930,888Primary · Off-plan
31/12/2024The Pier1 bed · Apartment694 sq ft⃃ 1,866,499Primary · Off-plan
30/12/2024Saria By Beyond3 beds · Apartment1,685 sq ft⃃ 4,314,000Primary · Off-plan
30/12/2024Saria By Beyond2 beds · Apartment1,284 sq ft⃃ 2,895,000Primary · Off-plan
30/12/2024Saria By Beyond3 beds · Apartment1,657 sq ft⃃ 4,302,000Primary · Off-plan
30/12/2024Saria By Beyond2 beds · Apartment1,285 sq ft⃃ 2,926,000Primary · Off-plan
30/12/2024Saria By Beyond1 bed · Apartment766 sq ft⃃ 1,890,000Primary · 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 2024 with the whole of 2023.
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/madinat-dubai-almelaheyah/2024
Madinat Dubai Almelaheyah Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/madinat-dubai-almelaheyah/2024

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 Madinat Dubai Almelaheyah in 2024?
5,013 property sales worth ⃃ 13,537,429,210 were registered in Madinat Dubai Almelaheyah in 2024. That is 172.0% higher than 2023.
What was the median property price in Madinat Dubai Almelaheyah in 2024?
The median sale price was ⃃ 2,025,660 and the median price per square foot ⃃ 2,356 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Madinat Dubai Almelaheyah were off-plan or from developers?
Developer (primary) sales were 96.2% of the 5,013 sales and resales 3.8%. Off-plan units made up 99.2% and ready units 0.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/madinat-dubai-almelaheyah/2024