Skip to content
Skyline IndexSkyline Index
EN

Area profile

Downtown Dubai

Downtown · Dubai

In the 12 months to 3 November 2026, the ready price per sq ft of the same home types fell 0.6% (Dubai +6.5%), and registered sales fell 34.8% to 2,272.

In DLD records: DownTown Dubai, Burj Khalifa

Median ready pricePer sq ft
AED 2,483
Ready price, 1-year changeSame home types, n ≥ 5 · 100% of ready sales
-0.6% Dubai +6.5%
Ready price, 3-year changeSame home types, n ≥ 5 · 100% of ready sales
+23% Dubai +31.4%
Registered salesLast 12 months
2,272

Data to 3 November 2026

Downtown Dubai

In the last 12 months, Dubai Land Department registered 2,272 sales in Downtown Dubai, worth AED 10.8B in total. The number of sales was 34.8% lower than in the 12 months before. The median price was 3,810 AED/sqft off-plan and 2,483 AED/sqft for ready homes.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Prices, over time.

Median registered price, AED per sq ft

  • Ready (registered sales)
  • Off-plan (registered sales)
Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales) Off-plan (registered sales)
Nov 2023 2,056 AED/sqft 272 sales 2,922 AED/sqft 355 sales
Dec 2023 2,329 AED/sqft 225 sales 3,019 AED/sqft 135 sales
Jan 2024 2,111 AED/sqft 166 sales 3,041 AED/sqft 184 sales
Feb 2024 2,240 AED/sqft 221 sales 2,820 AED/sqft 88 sales
Mar 2024 2,252 AED/sqft 215 sales 2,895 AED/sqft 125 sales
Apr 2024 2,510 AED/sqft 172 sales 2,868 AED/sqft 69 sales
May 2024 2,165 AED/sqft 241 sales 2,983 AED/sqft 92 sales
Jun 2024 2,470 AED/sqft 166 sales 3,119 AED/sqft 83 sales
Jul 2024 2,223 AED/sqft 204 sales 3,089 AED/sqft 63 sales
Aug 2024 2,388 AED/sqft 211 sales 2,854 AED/sqft 244 sales
Sep 2024 2,286 AED/sqft 148 sales 2,991 AED/sqft 198 sales
Oct 2024 2,407 AED/sqft 208 sales 2,713 AED/sqft 171 sales
Nov 2024 2,500 AED/sqft 213 sales 2,872 AED/sqft 121 sales
Dec 2024 2,348 AED/sqft 195 sales 2,872 AED/sqft 100 sales
Jan 2025 2,504 AED/sqft 211 sales 2,883 AED/sqft 102 sales
Feb 2025 2,512 AED/sqft 229 sales 2,994 AED/sqft 86 sales
Mar 2025 2,545 AED/sqft 209 sales 2,979 AED/sqft 98 sales
Apr 2025 2,521 AED/sqft 179 sales 3,040 AED/sqft 132 sales
May 2025 2,505 AED/sqft 178 sales 2,955 AED/sqft 139 sales
Jun 2025 2,327 AED/sqft 163 sales 2,992 AED/sqft 60 sales
Jul 2025 2,391 AED/sqft 183 sales 3,357 AED/sqft 63 sales
Aug 2025 2,605 AED/sqft 150 sales 3,391 AED/sqft 65 sales
Sep 2025 2,654 AED/sqft 153 sales 2,953 AED/sqft 60 sales
Oct 2025 2,616 AED/sqft 159 sales 3,885 AED/sqft 231 sales
Nov 2025 2,588 AED/sqft 178 sales 3,874 AED/sqft 269 sales
Dec 2025 2,543 AED/sqft 146 sales 3,814 AED/sqft 155 sales
Jan 2026 2,669 AED/sqft 148 sales 3,366 AED/sqft 77 sales
Feb 2026 2,568 AED/sqft 151 sales 3,295 AED/sqft 60 sales
Mar 2026 2,486 AED/sqft 86 sales 3,751 AED/sqft 48 sales
Apr 2026 2,459 AED/sqft 82 sales 3,830 AED/sqft 41 sales
May 2026 2,389 AED/sqft 79 sales 3,824 AED/sqft 31 sales
Jun 2026 2,223 AED/sqft 84 sales 3,149 AED/sqft 46 sales
Jul 2026 2,338 AED/sqft 123 sales 3,320 AED/sqft 38 sales
Aug 2026 2,428 AED/sqft 113 sales 3,532 AED/sqft 27 sales
Sep 2026 2,466 AED/sqft 110 sales 4,242 AED/sqft 35 sales
Oct 2026 2,372 AED/sqft 114 sales 3,506 AED/sqft 25 sales

Where the change in sales came from.

Registered sales in the last 12 months against the 12 months before, by DLD registration type, beside all of Dubai.

  • Off-plan-32.6%Off-plan sales fell by 32.6%, from 1,260 to 849.Dubai: -9.9%
  • Ready-36%Ready sales fell by 36%, from 2,224 to 1,423.Dubai: -27.8%

The projects whose number of sales moved most

  1. Binghatti Skyblade388 sales, against 179
  2. The St. Regis Residences, Downtown Dubai123 sales, against 246
  3. One Residence67 sales, against 183

Counts of registered sales, not prices: a project’s count follows its launches and how many homes it has left to sell. How this is worked out

What does each home type look like?

  • Apartment · Studio

    Ready median price
    AED 1.2M
    Median yearly rent
    AED 70K
    Gross yield
    6%

  • Apartment · 1 bed

    Ready median price
    AED 2M
    Median yearly rent
    AED 110K
    Gross yield
    5.4%

  • Apartment · 2 beds

    Ready median price
    AED 3.4M
    Median yearly rent
    AED 178K
    Gross yield
    5.2%

  • Apartment · 3 beds

    Ready median price
    AED 5.5M
    Median yearly rent
    AED 295K
    Gross yield
    5.4%

  • Apartment · 4 beds

    Ready median price
    AED 24.4M
    Median yearly rent
    AED 1.3M
    Gross yield
    5.1%

  • Apartment · 5 beds

    Ready median price
    AED 33.5M
    Median yearly rent
    —
    Gross yield
    —

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Median service charge
22.45 AED/sqftA year · median of 44 developments’ owners’ association budgets, 2026Apartment buildings’ budgets; villa and townhouse budgets are left out.

After service charges

Net yield, Apartment · 1 bed: 4.4% after the area’s median service charge (AED 22.45 per sq ft a year, 2026, budgets of 44 developments). Gross yield: 5.4%.

Net yield takes the service charge off the rent. It is still before vacancy, maintenance, agency and DLD fees and mortgage costs, and an owners’ association budget is not any one owner’s bill. How net yield is worked out

Net yield for every home type and every project is in the area report

Off-plan or ready.

Off-plan premium, same home type

Apartment · 2 beds: off-plan homes sold at 30.1% above ready ones per sq ft in the last 12 months (3,302 AED/sqft against 2,539 AED/sqft, medians of 244 and 589 sales).

Same home type, not the same buildings: off-plan stock is often newer, so the gap is not a forecast of resale prices. Not investment advice. How this is worked out

The middle half of prices

Middle half of Apartment · 2 beds · Ready sales: AED 2,138–3,037 per sq ft (AED 2,850,000–4,200,000), 589 sales in the last 12 months. The full spread by home type is in the area report.

A quarter of these sales were below the band and a quarter above it. Registered sales, not a valuation. How this is worked out

Off-plan to ready, around completion

For 7 of the 11 projects in this area completed between 2021 and 2025 (DLD project register), the median project’s ready price per sq ft in the 12 months after completion was 15.5% above its off-plan price per sq ft in the 12 months before.

Dubai’s price index rose by 12.6% over the same months (the median across these projects).

Dubai’s counted projects completed in those years, worked out the same way: 14.4% above.

This is history, not a forecast. These projects were completed in years when Dubai prices were rising, and the earliest windows start in the 2020–21 low. Only completed projects with at least 10 registered sales in each window count, and a project needs the full 12 months after completion first: one completed within the last 12 months is in the total but not yet counted. Projects not yet completed or cancelled are not included. DLD records do not separate a developer’s own sales from resales by earlier buyers, and the two windows cover different homes and unit mixes. The step and the index move are context for each other, not a difference to subtract: each is a median across the projects. Registered sale prices only, before fees, payment-plan terms, financing, service charges and rent: registered sales, not a valuation, and not investment advice. How this is worked out

Future supply

5,357

Homes under construction or planned, in 17 projects

  • Finished19,282 homes45 projects
  • Under construction4,582 homes14 projects
  • Planned or on hold775 homes3 projects
Pipeline per finished home
0.28×Low pipeline pressure compared with Dubai as a whole (1.17×)
Homes due in the next 24 months
3,730Under construction or planned, with a DLD end date in that time

3 projects (766 homes) are past their DLD end date.

The project-by-project handover calendar is in the area report

From the DLD project register for this area, counting apartments and villas. Records still not finished more than 5 years after their DLD end date are left out as stale.

Ready turnover, last 12 months

5.8%

Ready sales in the last 12 months came to 5.8% of the 19,282 homes in the area’s finished DLD register projects (1,117 sales). Dubai: 7.2%.

Ready sales count resales and a developer’s sales of finished homes alike. Not counted, homes or sales: buildings older than the DLD project register, and villa projects whose sales DLD mostly registers as land. DLD data only. How this is worked out

Sales of AED 2M or more.

73.8%

73.8% of the area’s home sales in the last 12 months were for AED 2M or more (1,675 of 2,271). Dubai: 33%.

AED 2M is the minimum total property value for the UAE’s 10-year Golden Residence (golden visa) for real-estate investors, according to ICP and GDRFA Dubai (rules checked on 5 November 2026). This count shows registered sale prices only; the authorities decide each application on their own conditions, such as the owner’s share, how the value is certified and how the home is financed.

Home sales of the last 12 months, every home type together. The area report has every price band, by home type. How this is worked out

Share on WhatsApp (opens WhatsApp in a new tab)

Projects in Downtown

Browse all projects
  1. Binghatti Skyblade567 sales in 24 months
  2. The St. Regis Residences, Downtown Dubai369 sales in 24 months
  3. One Residence250 sales in 24 months
  4. Burj Khalifa Towers248 sales in 24 months
  5. Grande210 sales in 24 months
  6. Forte194 sales in 24 months
  7. The Address Dubai Opera179 sales in 24 months
  8. 29 Boulevard169 sales in 24 months
Every project in the area, ranked, is in the area report

The latest registered sales.

All latest sales in Downtown Dubai

Asking prices against sales

  • Property portal asking prices12.6%above registered sale pricesMedian gap across 10 segments

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

Questions about Downtown Dubai

What is the price per sq ft in Downtown Dubai?

In the 12 months to 3 November 2026, the median registered sale price was 2,483 AED/sqft for ready homes and 3,810 AED/sqft off-plan. The two medians mix different home types.

How did prices and sales in Downtown Dubai change over the last year?

In the 12 months to 3 November 2026, the ready price per sq ft of the same home types fell 0.6% (Dubai +6.5%), and registered sales fell 34.8% to 2,272.

What is the rental yield in Downtown Dubai?

Net yield, Apartment · 1 bed: 4.4% after the area’s median service charge (AED 22.45 per sq ft a year, 2026, budgets of 44 developments). Gross yield: 5.4%. Rents and prices from the 12 months to 3 November 2026. Net yield takes the service charge off the rent. It is still before vacancy, maintenance, agency and DLD fees and mortgage costs, and an owners’ association budget is not any one owner’s bill.

What are the service charges in Downtown Dubai?

The area’s median service charge in 2026 is AED 22.45 per sq ft a year, across the owners’ association budgets of 44 developments. Apartment buildings’ budgets; villa and townhouse budgets are left out.

How many homes are under construction or planned in Downtown Dubai?

As of 3 November 2026, the DLD project register lists 5,357 homes under construction or planned in Downtown Dubai, 3,730 of them in projects with a DLD end date in the next 24 months. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 3 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

Burj Khalifa and Downtown Dubai under a sunset sky

To buy or rent

Looking to buy or rent in Downtown Dubai?

Leave your details and partner agents who work in Downtown Dubai can send you homes for sale or rent that match what you are looking for.

Own a unit in Downtown Dubai? See what it is worth on My Unit Worth

Privacy notice