Sale Transactions - 2023 Updated

Dubai, a thriving cosmopolitan city, has witnessed remarkable growth in its real estate sector over the years. The Dubai Land Department (DLD) plays a pivotal role in facilitating property transactions and ensuring a transparent and efficient process. In this article, we will delve into the world of Dubai land department transactions, exploring the procedures, benefits, and latest developments in the realm of property transactions in Dubai.

Property type

Bedrooms

Transaction type

Status

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S.No	Date	Location	Property Name	Procedure	Status	Type	Bedrooms	Price AED	Size Sq.Ft.	Price AED / Sq.Ft.
1	29-09-23	jumeirah village circle - jvc Al Barsha South Fourth	lucky 1 residences	Mortgages	Ready	Apartment	1 Bedroom	720,800	755	954
2	29-09-23	madinat hind 4		Sales	Ready	Land		1,457,000	1,208	1,206
3	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,372,000	1,984	1,196
4	29-09-23	al barshaa south third	torino by oro24 - 5	Sales	Offplan	Apartment	1 Bedroom	580,000	510	1,137
5	29-09-23	dubai south Madinat Al Mataar	mangrove residences 3	Sales	Offplan	Apartment	2 Bedroom	2,070,198	1,377	1,503
6	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	3,061,000	1,808	1,693
7	29-09-23	al thanyah fifth	goldcrest views	Sales	Ready			2,150,000	1,830	1,175
8	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,456,000	2,034	1,207
9	29-09-23	palm jumeirah	five at palm jumeirah dubai	Sales	Ready	Apartment	2 Bedroom	6,150,000	1,745	3,525
10	29-09-23	al merkadh	sobha hartland greens - phase iii - 2	Sales	Ready	Apartment	Studio	850,000	478	1,777
11	29-09-23	al merkadh	azizi riviera 15	Sales	Offplan	Apartment	Studio	456,768	301	1,516
12	29-09-23	nad al shiba first	the polo residence - e1	Sales	Ready	Apartment	2 Bedroom	1,870,000	1,525	1,226
13	29-09-23	al merkadh	azizi riviera 18	Sales	Offplan	Apartment	1 Bedroom	838,223	556	1,508
14	29-09-23	jumeirah village circle - jvc Al Barsha South Fourth	ghalia	Sales	Ready	Apartment	Studio	485,000	442	1,097
15	29-09-23	al barshaa south second		Mortgages	Ready	Land		2,220,000	9,603	231
16	29-09-23	district one - mbr city al merkadh	mohammed bin rashid al maktoum city, district one phase iii, residences 3	Sales	Ready	Apartment	1 Bedroom	2,194,429	924	2,375
17	29-09-23	international city Al Warsan First	u-07	Sales	Ready	Apartment	1 Bedroom	355,000	743	478
18	29-09-23	downtown dubai Burj Khalifa	address fountain views hotel	Sales	Ready	Unit	1 Bedroom	2,900,000	839	3,459
19	29-09-23	al merkadh	azizi riviera 15	Sales	Offplan	Apartment	Studio	580,160	473	1,227
20	29-09-23	dubai marina Marsa Dubai	vida residences dubai marina	Mortgages	Ready	Apartment	3 Bedroom	3,250,000	1,653	1,966
21	29-09-23	al merkadh	sobha hartland greens- phase ii (building 01)	Mortgages	Ready	Apartment	Studio	763,200	595	1,283
22	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,355,000	1,853	1,271
23	29-09-23	al merkadh	sobha hartland greens- phase ii (building 01)	Sales	Ready	Apartment	Studio	950,000	595	1,597
24	29-09-23	al thanyah third	al dhafrah-4	Sales	Ready	Apartment	2 Bedroom	1,700,000	1,313	1,295
25	29-09-23	business bay	prive by damac (b)	Sales	Ready	Apartment	Studio	990,000	373	2,657
26	29-09-23	downtown dubai Burj Khalifa	dunya tower	Sales	Ready	Apartment	1 Bedroom	1,370,000	717	1,912
27	29-09-23	al hebiah third	damac hills - loreto 2 - b	Sales	Ready	Apartment	1 Bedroom	1,354,000	1,302	1,040
28	29-09-23	al jadaf	binghatti creek	Sales	Ready	Apartment	3 Bedroom	2,000,000	1,520	1,316
29	29-09-23	business bay	prive by damac (b)	Mortgages	Ready	Apartment	Studio	560,000	373	1,503
30	29-09-23	wadi al safa 5	skycourts tower a	Sales	Ready	Apartment	1 Bedroom	375,000	705	532
31	29-09-23	dubai south Madinat Al Mataar	urbana iii stacked house block-10	Sales	Ready	Apartment	2 Bedroom	775,000	1,217	637
32	29-09-23	al thanyah third	links golf	Sales	Ready	Apartment	1 Bedroom	1,500,000	902	1,663
33	29-09-23	dubai hills estate Hadaeq Sheikh Mohammed Bin Rashid	acacia at park heights building c	Sales	Ready	Apartment	2 Bedroom	2,500,000	1,318	1,897
34	29-09-23	al hebiah fifth		Sales	Ready	Land		14,543,000	7,819	1,860
35	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,602,000	1,928	1,350
36	29-09-23	al aweer first		Mortgages	Ready	Land		1,000,000	12,676	79
37	29-09-23	wadi al amardi		Mortgages	Ready	Land		1,000,000	8,204	122
38	29-09-23	downtown dubai Burj Khalifa	vida dubai mall tower 2	Sales	Offplan	Apartment	3 Bedroom	6,400,000	1,971	3,247
39	29-09-23	downtown dubai Burj Khalifa	dunya tower	Mortgages	Ready	Apartment	1 Bedroom	879,750	823	1,069
40	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,367,000	1,922	1,232
41	29-09-23	al hebiah sixth		Sales	Offplan	Villa	4 Bedroom	3,503,000	2,752	1,273
42	29-09-23	madinat hind 4		Sales	Ready	Land		1,457,000	1,208	1,206
43	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,376,000	1,980	1,200
44	29-09-23	mirdif		Mortgages	Ready	Villa		5,110,000	9,737	525
45	29-09-23	hessyan second		Sales	Ready	Land		25,956,169	108,886	238
46	29-09-23	dubai marina Marsa Dubai	continental tower	Sales	Ready	Apartment	3 Bedroom	4,200,000	3,122	1,345
47	29-09-23	al hebiah sixth		Sales	Offplan	Villa	3 Bedroom	2,401,000	1,862	1,290
48	29-09-23	wadi al safa 5		Sales	Ready	Villa		3,900,000	6,141	635
49	29-09-23	dubai marina Marsa Dubai	murjan 6	Mortgages	Ready	Apartment	3 Bedroom	2,000,697	1,882	1,063
50	29-09-23	al aweer first		Mortgages	Ready	Land		1,000,000	12,056	83
End of transactions record

All data sourced from Dubai Land Department transaction records.

All information posted is merely for educational and informational purposes. It is not intended as a substitute for professional advice. Should you decide to act upon any information on this website, you do so at your own risk.

While the information on the website has been verified to the best of our abilities, we cannot guarantee that here are no mistakes or errors.

We reserve the right to change this policy at any given time, of which you will be promptly updated. If you want to make sure that you are up to date with the latest changes, we advise you to frequently visit the page.

Understanding Dubai Land Department Transactions

Dubai Land Department transactions refer to the various processes involved in buying, selling, and transferring ownership of properties in Dubai. Whether you're a local resident or an international investor, the DLD serves as the central authority responsible for regulating and overseeing these transactions. The department's primary objective is to maintain a secure and transparent real estate market, fostering investor confidence and economic growth.

Key Procedures and Documentation Required for Property Transactions Dubai

When engaging in Dubai property transactions, certain essential procedures and documentation need to be followed to ensure a smooth and hassle-free experience. The process typically involves the following steps:

Title Deed Transfer: The transfer of property ownership in Dubai requires a Title Deed, which acts as an official document establishing legal rights. The DLD plays a crucial role in facilitating the transfer process, verifying the authenticity of the Title Deed and registering the new owner.

No Objection Certificate (NOC): Before initiating any property transaction, obtaining a No Objection Certificate from the developer or property owner is mandatory. This certificate ensures that there are no pending financial obligations or legal disputes related to the property.

Ejari Registration: Ejari is an online registration system mandated by the DLD for all rental contracts in Dubai. It ensures that all lease agreements are legally registered, protecting the rights of both landlords and tenants.

Mortgage Registration: In case of property financing, the DLD oversees the registration of mortgage contracts to secure the interests of both the financial institution and the property owner.

Benefits of Dubai Land Department Transactions

Dubai's real estate market is renowned for its investor-friendly environment, and the DLD's commitment to efficient transactions contributes to this reputation. Here are some key benefits of engaging in property transactions in Dubai:

Transparency and Security: The DLD's stringent regulations and oversight ensure transparency and security throughout the transaction process, safeguarding the interests of buyers, sellers, and investors.

Reliable Legal Framework: Dubai's legal framework provides a solid foundation for property transactions, offering clear guidelines and safeguards for all parties involved.

Fast and Efficient Procedures: The DLD continually strives to enhance efficiency by embracing digital transformation. The introduction of smart services and online platforms has expedited the transaction process, reducing paperwork and saving time.

Foreign Ownership: Dubai allows foreign nationals to own properties in designated areas, attracting international investors and fostering a diverse real estate market.

Latest Developments and Future Trends of Dubai Real Estate Transactions

As Dubai continues to evolve as a global real estate hub, the DLD consistently introduces new initiatives and services to streamline property transactions. Some notable developments include:

Blockchain Integration: The DLD has embraced blockchain technology to enhance the security and transparency of property transactions. This innovative approach ensures tamper-proof records, reduces fraud risks, and accelerates the verification process.

Digital Services Expansion: The DLD's commitment to digital transformation is evident in the expansion of its online services. Individuals can now access a wide range of services, including property registration, title verification, and document retrieval, through user-friendly platforms.

In 2023, will Dubai's property prices fall?

In a ranking 25 of the world's top luxury, or "excellent," real estate markets, Dubai topped the list, with prices expected to increase 13.5% in 2023, according to real estate consultancies. However, Dubai saw prices soar by 50% in 2022, so the price increases for 2023 mark a substantial slowdown. Prices for Dubai single-family homes rose 13% in October, while overall sales volume jumped 73% over the previous year.

In Dubai, how much does a decent house cost?

On average, you can buy a decent house in Dubai between 500,000 AED (136,130 USD) and multiple millions.

How expensive is the property in Dubai?

The cost depends on the property type, locality, and other major factors. However, Dubai's housing market remains relatively cheap compared with other world markets because there is an ample supply of homes.