Downtown Dubai
برج خليفةofficially Burj Khalifa
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Downtown Dubai was AED 2,719/sqft over the 30 days to 7 October 2026, from 146 sales recorded so far.
AED 2,719/sqft
30 days to 7 October 2026 · 146 sales
+141.3%
+5%
40%
12 months to 7 October 2026 · 2,440 sales
5.4%
Ready homes, 12 months to 7 October 2026 · 1,453 sales · 5,722 new lets
46
All years, 2008–2026 · 27,634 resales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
A typical residential sale here was AED 2,920,000 for about 1,092 sqft in the 12 months to 7 October 2026 (2,440 sales); across all 46,567 recorded sales the typical price is AED 2,200,000.
Ready-home prices here have moved +141.3% across the 222 months (Apr 2008 – Oct 2026) of Land Department records we hold. That is a pace of +5% a year if it kept going.
That is all 222 months of records for this area, shown as a yearly pace. It averages over every rise and fall in that time, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Off-plan and ready are different markets
Off-plan
AED 3,823/sqft
987 sales, 12 months to 7 October 2026
AED 2,384/sqft
19,071 sales since 2007
Ready
AED 2,510/sqft
1,453 sales, 12 months to 7 October 2026
AED 1,830/sqft
27,496 sales since 2007
In the 12 months to 7 October 2026, across 2,440 sales (987 off-plan, 1,453 completed homes), off-plan sold 52% above completed homes here.
Across every recorded sale since 2007, off-plan sold 30% above completed homes here.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What each size costs in Downtown Dubai
Typical size and price for every bedroom count. A size with at least 15 recorded sales is well evidenced; a size with fewer is still shown, with a red (i) and the number of sales behind it. The Dubai Land Department records the number of bedrooms on nearly every sale, so these figures come from real sales, not estimates. The main price is for the last 12 months. The typical price across every sale on record sits under it.
Rent: the typical rent on new lets, matched by bedrooms or by size.
| Size | Typical floor area | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| Studio | 495 sqft | AED 1,774,999 399 sales all years AED 1,200,000 | AED 2,341/sqft | AED 72,000/yr 389 rent contracts | 3,496 |
| 1 bed | 879 sqft | AED 2,250,000 768 sales all years AED 1,650,000 | AED 1,904/sqft | AED 115,000/yr 2,492 rent contracts | 18,540 |
| 2 beds | 1,364 sqft | AED 3,752,519 866 sales all years AED 2,800,000 | AED 2,084/sqft | AED 180,000/yr 2,101 rent contracts | 17,697 |
| 3 beds | 1,892 sqft | AED 6,930,000 276 sales all years AED 4,548,872 | AED 2,441/sqft | AED 300,000/yr 662 rent contracts | 5,938 |
| 4 beds | 5,130 sqft | AED 27.68M 66 sales all years AED 17.64M | AED 3,496/sqft | AED 1,500,000/yr 48 rent contracts | 743 |
| 5 beds | 8,567 sqft | AED 50M 9 sales all years AED 28.98M | AED 3,725/sqft | — | 132 |
| 6 beds | 11,045 sqft | AED 19M 2 sales all years AED 49.9M | AED 3,474/sqft | — | 13 |
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
What exists here, and who may own it
Most figures on this page are about sales and rents. This one counts what exists, not what sold: the units on the Land Department’s register.
Units on record
27,365
In Downtown Dubai, from the Land Department's register of flats.
Freehold
99%
27,183 of 27,365 units with a recorded ownership type.
Typical size
1,133 sqft
Typical size of the 27,364 units that record one.
By size of home
No villas in this register.
Dubai Land Department · unit register The Land Department's unit register · counts, not valuations. File dated 8 Oct 2026 · synced 9 Oct 2026.
Villas on the Land Department's register in Burj Khalifa
The Land Department files these villas under its area Burj Khalifa, which this page covers as Downtown Dubai. Every villa record in that Land Department area is counted.
The Land Department's buildings file lists 3 villas in Burj Khalifa; 0 of them stand alone on a plot in the land register with both sizes recorded, which is fewer than the 30 needed, so no plot band is shown.
In the Land Department's buildings file dated 5 Oct 2026 and in the Land Department's land register dated 10 Oct 2026.
Dubai Land Department · building register The Land Department's buildings file · each villa record's built-up area and bedrooms, as recorded. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · land register The Land Department's land register · the plot a villa stands alone on, as the Municipality measures it · no owner. File dated 10 Oct 2026 · synced 11 Oct 2026.
Rental market
From 9,669 Ejari rent contracts , last 12 months. These are the rents tenants agreed to pay, not advertised rents.
Typical yearly rent
AED 141,750/yr
for ~1,092 sqft
Rent per sqft
AED 132/sqft
per year
Renewals
41%
of contracts
Contracts
9,669
last 12 months
What it costs to rent here
Typical yearly rent, by size of home.
- StudioAED 72,000/yr
- 1 bedAED 115,000/yr
- 2 bedsAED 180,000/yr
- 3 bedsAED 300,000/yr
- 4 bedsAED 1,500,000/yr
Matched by number of bedrooms where Ejari records one (most contracts do), and by floor area where it does not. The table below says which for each row. Renewing tenants pay about 5% less per sqft than someone signing a new lease here.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Downtown Dubai over the same twelve months. Rents come from Ejari rent contracts and prices from recorded sales. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 1.17M | AED 72,000/yrby bedroom · 389 new lets | 6.2% | 77 |
| 1 bed | AED 2.05M | AED 115,000/yrby bedroom · 2,492 new lets | 5.6% | 517 |
| 2 beds | AED 3.4M | AED 180,000/yrby bedroom · 2,101 new lets | 5.3% | 595 |
| 3 beds | AED 5.5M | AED 300,000/yrby bedroom · 662 new lets | 5.5% | 207 |
| 4 beds | AED 24.87M | AED 1,500,000/yrby bedroom · 48 new lets | 6.0% | 30 |
The highest yield before costs here is on a studio at 6.2%. Studio apartments here yield more than 4-bedroom apartments: 6.2% against 6.0%.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 1.65M), a 1 bed here reads 7.0% instead of 5.6%. The yield in the table above uses the AED 2.05M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the typical owners’ association budget in this area — AED 26/sqft across 29 projects, recorded for 2021–2026 (20 for 2026). Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 12,830 | AED 59,170 | 6.2% | 5.1% |
| 1 bed | AED 22,760 | AED 92,240 | 5.6% | 4.5% |
| 2 beds | AED 35,333 | AED 144,667 | 5.3% | 4.3% |
| 3 beds | AED 49,002 | AED 250,998 | 5.5% | 4.6% |
| 4 beds | AED 132,866 | AED 1,367,134 | 6.0% | 5.5% |
Only the service charge is taken off.
A separate reserve-fund line appears in 29 of the 29 project budgets counted together here; the middle of those is AED 2/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Downtown Dubai
How much is rent in Downtown Dubai?
The typical rent (the median: half of the rent contracts were above this, half below) in Downtown Dubai is AED 72,000/yr for a studio, AED 115,000/yr for a 1-bedroom, AED 180,000/yr for a 2-bedroom and AED 300,000/yr for a 3-bedroom. These rents come from the rent contracts recorded in Ejari (Dubai's rent registration system) in Downtown Dubai over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Each rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not. Each row on this page says which.
How much do properties cost in Downtown Dubai?
The typical price (the median: half sold for more than this, half for less) for residential sales in Downtown Dubai was AED 2,719/sqft over the 30 days to 7 October 2026, from the 146 sales recorded so far for those days. Late records are still arriving, so that count can grow. Over the 12 months to 7 October 2026, homes here typically sold for about AED 2.92M and measured about 1,092 sqft (2,440 sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices.
What rental yield does Downtown Dubai give?
The yield before costs on ready homes in Downtown Dubai is about 6.2% on a studio apartment, 5.6% on a 1-bedroom apartment, 5.3% on a 2-bedroom apartment and 5.5% on a 3-bedroom apartment. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Studio apartments here yield more than 4-bedroom apartments: 6.2% against 6.0%. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Downtown Dubai freehold?
Mostly, but not entirely. 27,183 of the 27,365 units with a recorded ownership type in Downtown Dubai are freehold, so foreign ownership is possible in most buildings here and not all. Check the specific title before committing.
How have property prices in Downtown Dubai changed over the last two years?
The typical price (the median: half sold for more than this, half for less) of ready homes in Downtown Dubai was AED 2,414/sqft in Q3 2026 (346 sales), against AED 2,407/sqft in Q4 2024 (616 sales). That is a change of +0.3% across those quarters. By quarter, the typical price of ready homes was AED 2,407/sqft in Q4 2024, AED 2,533/sqft in Q1 2025, AED 2,502/sqft in Q2 2025, AED 2,563/sqft in Q3 2025, AED 2,589/sqft in Q4 2025, AED 2,578/sqft in Q1 2026, AED 2,377/sqft in Q2 2026 and AED 2,414/sqft in Q3 2026. Off-plan sales had a typical price of AED 3,769/sqft in Q3 2026 (100 sales) and are never counted together with ready homes here. These are typical prices of recorded sales, not a price index: a quarter's move against the one before it partly reflects which homes sold.
Is Downtown Dubai mostly off-plan or completed homes?
40% of the 2,440 sales recorded in Downtown Dubai in the 12 months to 7 October 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. The two sell at different prices, so one price per square foot for both together would describe neither.
Prices by quarter, Q4 2024 to Q3 2026
Typical sale price per sqft in Downtown Dubai, by calendar quarter of the sale date, with ready homes and off-plan sales kept apart. Only complete quarters are shown. A quarter with 60 or more sales is well evidenced; one with fewer is still shown, with a red (i) and the number of sales, and no change against a year earlier is worked out from it.
| Quarter | Ready homes · typical price per sqft | vs a year earlier | Off-plan · typical price per sqft |
|---|---|---|---|
| Q4 2024 | AED 2,407/sqft616 sales | +12.4% | AED 2,804/sqft392 registrations |
| Q1 2025 | AED 2,533/sqft646 sales | +14.2% | AED 2,968/sqft286 registrations |
| Q2 2025 | AED 2,502/sqft520 sales | +6.2% | AED 2,971/sqft331 registrations |
| Q3 2025 | AED 2,563/sqft483 sales | +9.9% | AED 3,255/sqft189 registrations |
| Q4 2025 | AED 2,589/sqft480 sales | +7.6% | AED 3,868/sqft655 registrations |
| Q1 2026 | AED 2,578/sqft381 sales | +1.8% | AED 3,372/sqft185 registrations |
| Q2 2026 | AED 2,377/sqft245 sales | -5.0% | AED 3,446/sqft118 registrations |
| Q3 2026 | AED 2,414/sqft346 sales | -5.8% | AED 3,769/sqft100 registrations |
Ready-home typical price +0.3% from Q4 2024 (AED 2,407/sqft, 616 sales) to Q3 2026 (AED 2,414/sqft, 346 sales).
The typical price moves with the mix of homes that sold, not only with prices.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Typical price per sqft, month by month
Ready and off-plan together · the newest month is still filling up.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Mortgage registrations in Downtown Dubai
There were 1,064 mortgage registrations here in the 12 months to 7 October 2026. That is the date of the newest mortgage registration in our Dubai-wide records. These count registrations, not buyers. The register records each loan on its own and does not link it to a sale, so we cannot tell you what share of purchases were paid for with a mortgage.
- 918 new registrations
- 30 delayed, on off-plan
- 59 modifications
- 26 lease finance
- 5 pre-registrations
- 5 portfolio registrations
- 21 other types
A modification or a transfer is not a new purchase.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Valuations recorded here
Counted from the Land Department's valuations file dated 10 Oct 2026, over the 12 months to 9 Oct 2026.
- flats70 valuationsThe Land Department's valuations file dated 10 Oct 2026 records 70 valuations of flats in Downtown Dubai in the 12 months to 9 Oct 2026.
- Fewer than 20 valuations of villas were recorded in Downtown Dubai in the 12 months to 9 Oct 2026, so Keyva shows no count.
A valuation here is an appraisal recorded with the Land Department. It is not a price anyone paid, and the file does not say why each one was recorded. Keyva shows the count and no value.
Dubai Land Department · valuation records Land Department valuations counted as recorded, per property sub-type, in the 12 months to 9 Oct 2026, with a count shown only from 20 valuations · counts, never a price. File dated 10 Oct 2026 · synced 11 Oct 2026.
Areas at a similar price
Closest to Downtown Dubai on typical price per sqft, each over the same 30 days.
Um Suqaim Third
30 days to 7 Oct 2026 · 17 sales
AED 2,694/sqft
-1%
Al Rowaiyah First
30 days to 7 Oct 2026 · 69 sales
AED 2,664/sqft
-2%
Palm Jumeirah
30 days to 7 Oct 2026 · 63 sales
AED 2,801/sqft
+3%
Zaabeel First
30 days to 7 Oct 2026 · 16 sales
AED 2,569/sqft
-6%
Dubai Creek Harbour
30 days to 7 Oct 2026 · 318 sales
AED 2,533/sqft
-7%
La Mer
30 days to 7 Oct 2026 · 13 sales
AED 2,925/sqft
+8%
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · area codes The Land Department's own area names and codes. File dated 2 Oct 2026 · synced 3 Oct 2026.
Buildings in Downtown Dubai
Each has at least twenty sales on record, so its own typical price means something. Ordered by how many sales each has had, most first.
Every building in Downtown Dubai
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Projects in Downtown Dubai · 58 recorded
29 Boulevard
Emaar Properties (P.J.S.C)
AED 2,272/sqft
Sep 2026 · 8 home sales
Act One | Act Two
Emaar Development P.J.S.C.
AED 2,965/sqft
Jul 2026 · 6 home sales
Azha Downtown Residences
AZHA DOWNTOWN RESIDENCES L.L.C
AED 2,530/sqft
Jun 2026 · 1 home sale
Baccarat Hotel And Residences, Dubai
BC RESIDENCES L.L.C
AED 5,155/sqft
Apr 2026 · 9 home sales
Bahwan Tower
UTMOST PROPERTIES l.l.c
AED 1,363/sqft
Jul 2026 · 1 home sale
Bd Boulevard Plaza
Emaar Properties (P.J.S.C)
No month with 5+ recorded home sales since Oct 2025
Bellevue Towers
CENTRAL DUBAI PROJECTS L.L.C
AED 2,128/sqft
Nov 2025 · 7 home sales
Binghatti Skyblade
Binghatti
AED 3,906/sqft
Jun 2026 · 7 home sales
Blvd Crescent
Emaar Development P.J.S.C.
AED 2,470/sqft
Sep 2026 · 3 home sales
Blvd Heights
Emaar Development P.J.S.C.
AED 2,654/sqft
Mar 2026 · 5 home sales
Boulevard Point
Emaar Development P.J.S.C.
AED 2,514/sqft
Aug 2026 · 5 home sales
Burj Al Nujoom
ALTHURAYA REAL ESTATE DEVELOPMENT LIMITED
AED 1,553/sqft
Sep 2026 · 3 home sales
Burj Crown
Emaar Development P.J.S.C.
AED 2,728/sqft
Jul 2026 · 5 home sales
Burj Khalifa Towers
Emaar Properties (P.J.S.C)
AED 2,739/sqft
Sep 2026 · 8 home sales
Burj Royale
OLD TOWN VIEWS L.L.C
AED 3,196/sqft
Jul 2026 · 5 home sales
Burj Views
Emaar Properties (P.J.S.C)
No month with 5+ recorded home sales since Oct 2025
Burj Vista
Emaar Development P.J.S.C.
AED 3,071/sqft
Oct 2025 · 8 home sales
City Center Residences
DAR GLOBAL PROPERTIES L.L.C
AED 2,192/sqft
Jul 2026 · 5 home sales
Claren 1
Emaar Properties (P.J.S.C)
AED 2,301/sqft
Feb 2026 · 5 home sales
Dd Boulevard Central
Emaar Properties (P.J.S.C)
AED 2,146/sqft
Oct 2025 · 5 home sales
Dd Stand Point
Emaar Properties (P.J.S.C)
AED 2,122/sqft
Jun 2026 · 6 home sales
Dt 1
Ellington Properties Development L.L.C
AED 1,964/sqft
May 2026 · 5 home sales
Elegance Tower
Pathfinder Property Development L.L.C
AED 2,371/sqft
Jul 2026 · 2 home sales
Elite Downtown Residence
TRIPLANET ELITE DEVELOPEMENTS L.L.C
AED 2,378/sqft
Dec 2025 · 5 home sales
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.