Dubai price index
Price per sq ft · January 2024 = 100 · monthly
Dubai
Every community
| Community | Ready index | Ready, 12 months | Ready, since Jan 2024 |
|---|---|---|---|
| DIP | — | +9.9% | — |
| Warsan Fourth | 150.1 | +7.7% | +50.1% |
| Palm Deira | — | +5.8% | — |
| Dubai Silicon Oasis | 149.0 | +4.4% | +49.0% |
| Mudon | — | +3.8% | — |
| Dubai Sports City | 110.9 | +2.7% | +10.9% |
| Dubailand Residence Complex | 141.4 | +2.6% | +41.4% |
| Wadi Al Safa 2 | 149.5 | +2.0% | +49.5% |
| Dubai Marina | 112.1 | +0.5% | +12.1% |
| Al Wasl | — | 0.0% | — |
| Al Barshaa South Second | — | -0.1% | — |
| International City | 132.2 | -0.3% | +32.2% |
| Damac Hills 2 | 118.1 | -0.4% | +18.1% |
| Al Hebiah Second | — | -0.4% | — |
| Al Safouh Second | — | -0.7% | — |
| Maritime City | — | -0.8% | — |
| Arjan | 151.2 | -0.8% | +51.2% |
| Mirdif | 95.8 | -0.8% | -4.2% |
| Al Thanayah Fourth | 140.4 | -2.4% | +40.4% |
| The Greens | 128.0 | -3.5% | +28.0% |
| Jumeirah Village Triangle | 170.9 | -3.5% | +70.9% |
| Town Square | 136.2 | -3.5% | +36.2% |
| Jumeirah Lakes Towers | 125.8 | -3.8% | +25.8% |
| Business Bay | 100.3 | -4.0% | +0.3% |
| Palm Jumeirah | 122.8 | -4.1% | +22.8% |
| Al Jaddaf | 125.8 | -4.1% | +25.8% |
| Al Yelayiss 1 | 162.2 | -4.4% | +62.2% |
| Dubai Creek Harbour | 107.6 | -4.9% | +7.6% |
| Dubai South | 118.9 | -5.5% | +18.9% |
| Damac Lagoons | 110.0 | -5.9% | +10.0% |
| Damac Hills | 113.4 | -6.6% | +13.4% |
| Sobha Hartland | 105.7 | -6.7% | +5.7% |
| Downtown Dubai | 107.2 | -7.2% | +7.2% |
| Nad Al Shiba First | 121.0 | -7.8% | +21.0% |
| Zaabeel Second | 113.4 | -8.1% | +13.4% |
| Jumeirah Village Circle | 120.1 | -8.2% | +20.1% |
| Dubai Hills Estate | 113.8 | -8.2% | +13.8% |
| Wadi Al Safa 7 | 134.5 | -9.1% | +34.5% |
| Discovery Gardens | 117.5 | -9.9% | +17.5% |
| Um Suqaim Third | — | -11.7% | — |
| Palm Jabal Ali | 134.9 | -21.3% | +34.9% |
| Me'Aisem First | 116.8 | — | +16.8% |
| Wadi Al Safa 3 | 120.9 | — | +20.9% |
| Wadi Al Safa 4 | — | — | — |
| Bukadra | — | — | — |
| Al Yufrah 1 | — | — | — |
The 12-month change is the same figure as each area’s page: ready homes, the last six months against the six before. A dash means fewer than 20 sales in too many months to keep a reliable series. Methodology.
About the index
How is the GillCrest price index calculated?
It is the average price per square foot of residential sales registered with the Dubai Land Department each month, smoothed over three months and set to 100 in January 2024. It is computed separately for ready homes and for all sales including off-plan, for the city and for each community we cover.
Why are there two lines?
Off-plan launches sell at their own price per square foot. A month with many launches can lift the average of all sales without any existing home becoming more expensive. The ready-homes line measures what existing homes sell for; the all-sales line measures the whole market.
How much have Dubai property prices risen?
By this index, the price per square foot of ready homes across the communities we cover moved +1.8% over the last twelve months, and +12.4% since January 2024.