Area · Transactions · 2019

Downtown Dubai Property Transactions 2019

2,201 property sales worth ⃃ 7.3B were registered in Downtown Dubai in 2019, 61.5% higher than 2018 by number of sales. The median sale price was ⃃ 1,964,888 and the median price per square foot ⃃ 1,942 (+5.7% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 2,201 salesUpdated: 12 Nov 2026
Property sales
2,201
+61.5% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 7.3B
+58.0% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,964,888
−8.7% vs 2018
2,201 sales
Median price per sq ft
⃃ 1,942
+5.7% vs 2018
2,201 sales

What types of property sold in Downtown Dubai in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,18399.2%⃃ 5.7B⃃ 1,948,888⃃ 1,942

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)1,50868.5%⃃ 5.9B⃃ 2,175,888⃃ 2,066
Resale (secondary)69331.5%⃃ 1.4B⃃ 1,500,000⃃ 1,421
Off-plan1,47667.1%⃃ 4.3B⃃ 2,122,444⃃ 2,046
Ready72532.9%⃃ 3.1B⃃ 1,650,000⃃ 1,488

How many rental contracts were registered in Downtown Dubai in 2019?

6,974 rental contracts (new and renewed) were registered in Downtown Dubai in 2019, at a median annual rent of ⃃ 105,000 (−8.7% on 2018). Rental yields in Downtown Dubai

What were the most expensive property sales in Downtown Dubai in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/04/2019The Dubai MallCommercial933,606 sq ft⃃ 575,000,000Primary · Ready
02/04/2019Kempinski The BoulevardCommercial654,487 sq ft⃃ 410,000,000Primary · Ready
07/01/2019Fairmont Residences Solara TowerPlot56,022 sq ft⃃ 190,000,000Primary · Ready
01/04/2019Al Manzil HotelCommercial323,031 sq ft⃃ 162,000,000Primary · Ready
01/04/2019VIDA DowntownCommercial291,859 sq ft⃃ 150,000,000Primary · Off-plan
11/07/2019Burj KhalifaPlot54,031 sq ft⃃ 103,000,000Primary · Ready
13/05/2019Il Primo6 beds · Apartment18,889 sq ft⃃ 63,412,100Primary · Off-plan
24/06/2019Il Primo6 beds · Apartment15,857 sq ft⃃ 57,659,495Primary · Off-plan
25/02/2019Il Primo5 beds · Apartment11,333 sq ft⃃ 43,552,888Primary · Off-plan
05/08/2019Address Residences Sky View5 beds · Apartment8,309 sq ft⃃ 29,154,888Resale · Off-plan

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
30/12/2019Burj Lake Hotel - The Address DowntownStudio · Apartment519 sq ft⃃ 1,000,000Resale · Ready
30/12/2019Burj Views Tower C2 beds · Apartment1,487 sq ft⃃ 1,490,000Resale · Ready
30/12/2019Burj Vista Tower 12 beds · Apartment1,332 sq ft⃃ 1,832,888Resale · Ready
29/12/2019Act One Act Two Tower 11 bed · Apartment712 sq ft⃃ 1,050,000Resale · Off-plan
29/12/2019Kempinski The BoulevardStudio · Apartment562 sq ft⃃ 1,100,000Resale · Ready
26/12/2019Forte T11 bed · Apartment686 sq ft⃃ 1,228,400Primary · Off-plan
26/12/2019Boulevard Point1 bed · Apartment796 sq ft⃃ 1,422,888Primary · Off-plan
26/12/2019Grande2 beds · Apartment1,201 sq ft⃃ 3,910,888Primary · Off-plan
26/12/2019Burj Royale2 beds · Apartment1,043 sq ft⃃ 1,654,888Primary · Off-plan
26/12/2019Burj Royale2 beds · Apartment1,040 sq ft⃃ 1,690,888Primary · 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 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/downtown-dubai/2019
Downtown Dubai Property Transactions 2019. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/downtown-dubai/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 Downtown Dubai in 2019?
2,201 property sales worth ⃃ 7,341,783,144 were registered in Downtown Dubai in 2019. That is 61.5% higher than 2018.
What was the median property price in Downtown Dubai in 2019?
The median sale price was ⃃ 1,964,888 and the median price per square foot ⃃ 1,942 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Downtown Dubai were off-plan or from developers?
Developer (primary) sales were 68.5% of the 2,201 sales and resales 31.5%. Off-plan units made up 67.1% and ready units 32.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/downtown-dubai/2019