Area · Transactions · 2018

Downtown Dubai Property Transactions 2018

1,363 property sales worth ⃃ 4.6B were registered in Downtown Dubai in 2018, 25.3% lower than 2017 by number of sales. The median sale price was ⃃ 2,152,268 and the median price per square foot ⃃ 1,837 (−16.3% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 1,363 salesUpdated: 12 Nov 2026
Property sales
1,363
−25.3% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 4.6B
−30.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 2,152,268
−12.9% vs 2017
1,363 sales
Median price per sq ft
⃃ 1,837
−16.3% vs 2017
1,363 sales

What types of property sold in Downtown Dubai in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,33998.2%⃃ 3.6B⃃ 2,100,000⃃ 1,831
Villas10.1%⃃ 13.22M⃃ 13,219,552⃃ 1,002
Commercial201.5%⃃ 312.32M⃃ 8,297,944⃃ 2,439

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)73654%⃃ 2.3B⃃ 2,348,888⃃ 1,932
Off-plan76656.2%⃃ 2.2B⃃ 2,371,500⃃ 1,970
Ready59743.8%⃃ 2.4B⃃ 1,842,286⃃ 1,639

How many rental contracts were registered in Downtown Dubai in 2018?

6,217 rental contracts (new and renewed) were registered in Downtown Dubai in 2018, at a median annual rent of ⃃ 115,000 (−8.0% on 2017). Rental yields in Downtown Dubai

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

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
31/12/2018Imperial Avenue1 bed · Apartment873 sq ft⃃ 1,550,000Primary · Off-plan
30/12/2018Grande2 beds · Apartment1,134 sq ft⃃ 3,691,888Primary · Off-plan
30/12/2018Mada Residences Tower4 beds · Apartment3,251 sq ft⃃ 5,656,661Primary · Ready
30/12/2018Mada Residences Tower4 beds · Apartment2,884 sq ft⃃ 4,300,000Primary · Ready
30/12/2018Kempinski The Boulevard1 bed · Apartment882 sq ft⃃ 1,700,000Resale · Ready
30/12/2018Lofts T East1 bed · Apartment916 sq ft⃃ 1,085,000Resale · Ready
30/12/2018Mada Residences Tower2 beds · Apartment1,522 sq ft⃃ 1,850,000Resale · Ready
27/12/2018Kamoon 22 beds · Apartment1,418 sq ft⃃ 1,800,000Resale · Ready
26/12/2018Grande2 beds · Apartment1,134 sq ft⃃ 3,691,888Primary · Off-plan
26/12/2018Grande2 beds · Apartment1,201 sq ft⃃ 3,870,888Primary · 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/downtown-dubai/2018
Downtown Dubai Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/downtown-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 Downtown Dubai in 2018?
1,363 property sales worth ⃃ 4,647,579,357 were registered in Downtown Dubai in 2018. That is 25.3% lower than 2017.
What was the median property price in Downtown Dubai in 2018?
The median sale price was ⃃ 2,152,268 and the median price per square foot ⃃ 1,837 (1 Jan – 31 Dec 2018).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/downtown-dubai/2018