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Area · Transactions · 2019

Al Merkadh Property Transactions 2019

1,643 property sales worth ⃃ 2.6B were registered in Al Merkadh in 2019, 9.9% lower than 2018 by number of sales. The median sale price was ⃃ 751,146 and the median price per square foot ⃃ 1,492 (+1.1% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 1,643 salesUpdated: 15 Nov 2026
Property sales
1,643
−9.9% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 2.6B
−14.3% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 751,146
+17.2% vs 2018
1,643 sales
Median price per sq ft
⃃ 1,492
+1.1% vs 2018
1,643 sales

What types of property sold in Al Merkadh in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,54994.3%⃃ 1.4B⃃ 724,360⃃ 1,496
Villas714.3%⃃ 847.81M⃃ 9,200,000⃃ 1,280
Commercial20.1%⃃ 6.23M⃃ 3,113,342⃃ 2,926

How were 2019 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)1,60797.8%⃃ 2.3B⃃ 741,889⃃ 1,495
Resale (secondary)362.2%⃃ 311.25M⃃ 7,500,000⃃ 1,123
Off-plan1,53493.4%⃃ 2.1B⃃ 724,080⃃ 1,495
Ready1096.6%⃃ 479.11M⃃ 1,132,950⃃ 1,469

How many rental contracts were registered in Al Merkadh in 2019?

289 rental contracts (new and renewed) were registered in Al Merkadh in 2019, at a median annual rent of ⃃ 320,000 (−9.9% on 2018). Rental yields in Al Merkadh

What were the most expensive property sales in Al Merkadh in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/04/2019The HighburyPlot99,972 sq ft⃃ 110,000,000Primary · Ready
25/09/2019District One Villas, Phase 27 beds · Villa22,858 sq ft⃃ 90,000,000Primary · Off-plan
17/01/2019Al MerkadhPlot15,672 sq ft⃃ 27,235,050Primary · Ready
24/06/2019District One Villas, Phase 17 beds · Villa19,744 sq ft⃃ 26,500,000Resale · Off-plan
27/11/2019District One Villas, Phase 16 beds · Villa15,418 sq ft⃃ 24,480,000Primary · Off-plan
29/12/2019Azizi Riviera 28Plot48,580 sq ft⃃ 24,299,773Primary · Ready
29/12/2019Azizi Riviera 27Plot47,136 sq ft⃃ 23,577,003Primary · Ready
29/12/2019Azizi Riviera 26Plot46,720 sq ft⃃ 23,350,956Primary · Ready
20/06/2019District One Villas, Phase 17 beds · Villa16,972 sq ft⃃ 23,000,000Primary · Off-plan
29/12/2019Azizi Riviera 24Plot37,690 sq ft⃃ 22,617,735Primary · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
30/12/2019District One Villas, Phase 14 beds · Villa7,563 sq ft⃃ 10,000,000Primary · Off-plan
29/12/2019Azizi Riviera 29Plot31,270 sq ft⃃ 15,634,869Primary · Ready
29/12/2019Azizi Riviera 27Plot47,136 sq ft⃃ 23,577,003Primary · Ready
29/12/2019Azizi Riviera 28Plot48,580 sq ft⃃ 24,299,773Primary · Ready
29/12/2019Azizi Riviera 26Plot46,720 sq ft⃃ 23,350,956Primary · Ready
29/12/2019Azizi Riviera 30Plot30,600 sq ft⃃ 15,288,503Primary · Ready
29/12/2019Azizi Riviera 24Plot37,690 sq ft⃃ 22,617,735Primary · Ready
23/12/2019Azizi Riviera 23Studio · Apartment335 sq ft⃃ 576,401Primary · Off-plan
23/12/2019Azizi Riviera 232 beds · Apartment854 sq ft⃃ 1,215,548Primary · Off-plan
23/12/2019Azizi Riviera 231 bed · Apartment572 sq ft⃃ 909,392Primary · 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 2019 with the whole of 2018.
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/2019
Al Merkadh Property Transactions 2019. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-merkadh/2019

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 2019?
1,643 property sales worth ⃃ 2,566,863,544 were registered in Al Merkadh in 2019. That is 9.9% lower than 2018.
What was the median property price in Al Merkadh in 2019?
The median sale price was ⃃ 751,146 and the median price per square foot ⃃ 1,492 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Al Merkadh were off-plan or from developers?
Developer (primary) sales were 97.8% of the 1,643 sales and resales 2.2%. Off-plan units made up 93.4% and ready units 6.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-merkadh/2019