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Downtown Dubai
DubaiCorrectionThe city centre around Burj Khalifa and The Dubai Mall: Emaar's high-end apartment towers and Dubai's flagship prime district, with strong tourist and short-let demand.
527 residential sales in the last three months (-34% year on year). Median price AED 2,697 per sq ft (AED 29,027/m²); the mix-adjusted price index is -5.2% year on year and -3.3% over three months. 19% of sales are off-plan. Indicative gross yield 4.6%. Market phase: Correction (stress 43.7/100).
| Median price (3 months) | AED 2,697 / sq ft (AED 29,027 / m²) |
|---|---|
| Mix-adjusted price index, year on year | -5.2% |
| Mix-adjusted price index, 3 months | -3.3% |
| Residential sales (3 months) | 527 (-34% y/y) |
| Off-plan share | 19% |
| Gross yield (indicative) | 4.6% |
| Market phase / stress | Correction / 43.7 |
| Price band | Prime |
By bedrooms (last 12 months)
| Type | Sales | AED / sq ft | Median price (AED) | Size (sq ft) |
|---|---|---|---|---|
| Studio | 361 | 3,788 | 1,754,999 | 474 |
| 1BR | 853 | 2,654 | 2,300,000 | 872 |
| 2BR | 921 | 2,827 | 3,900,000 | 1,345 |
| 3BR | 304 | 3,515 | 7,080,000 | 2,024 |
| 4BR | 74 | 5,125 | 23,940,607 | 5,070 |
| 5BR+ | 11 | 4,946 | 24,000,000 | 6,308 |
Rents (Ejari registrations, 2026-05〜2026-10)
3,276 contracts · median annual rent AED 135,000 · AED 126 per sq ft a year
Upcoming supply (DLD-registered project completions)
10,496 units due within 12 months and 0 in 12–24 months (5 projects) — the next 12 months equal 5.0× annual sales. Completion dates often slip.
Data as of 2026-10-10. The mix-adjusted index compares like-for-like sales (same project and unit type) month to month, so it is not moved by changes in what happens to sell.
More areas in Dubai
Dubai South · Jumeirah Village Circle · Dubailand (City of Arabia) · Jabal Ali Industrial Second · Business Bay · Downtown Jebel Ali · Dubailand Residence Complex · Majan · Damac Hills · Jumeirah Lake Towers · Dubai Creek Harbour · Arjan · Dubai Marina · DAMAC Hills 2 (Akoya Oxygen) · Dubai Production City · Jebel Ali Village / Discovery Gardens · Dubai Hills Estate · Dubai Sports City · Al Furjan · Dubai Islands · Jumeirah Village Triangle · Meydan One · Dubai Studio City · International City (Phase 1)
Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.