Master Project · Transactions · 2024

Madinat Jumeirah Living (MJL) Property Transactions 2024

727 property sales worth AED 2.5B were registered in Madinat Jumeirah Living (MJL) in 2024, 21.5% lower than 2023 by number of sales. The median sale price was AED 3,080,000 and the median price per square foot AED 2,700 (+13.6% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 727 salesUpdated: 20 Oct 2026
Property sales
727
−21.5% vs 2023
1 Jan – 31 Dec 2024
Total value
AED 2.5B
−14.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
AED 3,080,000
+19.5% vs 2023
727 sales
Median price per sq ft
AED 2,700
+13.6% vs 2023
727 sales

What types of property sold in Madinat Jumeirah Living (MJL) in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments727100%AED 2.5BAED 3,080,000AED 2,700

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)43359.6%AED 1.6BAED 3,389,000AED 2,965
Resale (secondary)29440.4%AED 897.15MAED 2,575,500AED 2,559
Off-plan29540.6%AED 1BAED 3,169,000AED 2,831
Ready43259.4%AED 1.5BAED 3,011,910AED 2,635

How many rental contracts were registered in Madinat Jumeirah Living (MJL) in 2024?

324 rental contracts (new and renewed) were registered in Madinat Jumeirah Living (MJL) in 2024, at a median annual rent of AED 150,000 (−6.3% on 2023). Rental yields in Madinat Jumeirah Living (MJL)

What were the most expensive property sales in Madinat Jumeirah Living (MJL) in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/01/2024Lamtara 14 beds · Apartment2,662 sq ftAED 15,255,000Primary · Ready
21/06/2024Lamtara 14 beds · Apartment2,731 sq ftAED 13,344,000Primary · Ready
31/10/2024Lamtara 14 beds · Apartment2,662 sq ftAED 13,260,000Primary · Ready
02/02/2024Rahaal 24 beds · Apartment3,212 sq ftAED 12,000,000Resale · Ready
13/06/2024Riwa Building 14 beds · Apartment4,390 sq ftAED 11,999,000Primary · Off-plan
20/01/2024Elara 34 beds · Apartment3,692 sq ftAED 10,946,000Primary · Ready
20/01/2024Elara 14 beds · Apartment4,533 sq ftAED 10,945,000Primary · Ready
14/11/2024Asayel 24 beds · Apartment4,147 sq ftAED 10,700,000Resale · Ready
02/05/2024Al Jazi 14 beds · Apartment2,724 sq ftAED 9,700,000Resale · Off-plan
01/10/2024Al Jazi 14 beds · Apartment3,158 sq ftAED 9,000,000Resale · Off-plan

What were the last registered sales of 2024?

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 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-jumeirah-living-mjl/2024
Madinat Jumeirah Living (MJL) Property Transactions 2024. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/madinat-jumeirah-living-mjl/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 Jumeirah Living (MJL) in 2024?
727 property sales worth AED 2,499,792,516 were registered in Madinat Jumeirah Living (MJL) in 2024. That is 21.5% lower than 2023.
What was the median property price in Madinat Jumeirah Living (MJL) in 2024?
The median sale price was AED 3,080,000 and the median price per square foot AED 2,700 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Madinat Jumeirah Living (MJL) were off-plan or from developers?
Developer (primary) sales were 59.6% of the 727 sales and resales 40.4%. Off-plan units made up 40.6% and ready units 59.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/madinat-jumeirah-living-mjl/2024