Downtown Dubai home sales: Q1 2024
January to March 2024
Number 5 of 93 Dubai communities by sales in Q1 2024. See all of Dubai.
1,147 homes sold in Downtown Dubai for AED 4.27bn in Q1 2024. That is 24% fewer than the quarter before and 8% more than Q1 2023. 37% were off-plan.
The agent's view
“Look first at the communities and towers with the most sales. Busy places give you a fair price to work from, and an easier sale later.”
Homes sold1,147-24% on the quarter before+8% on Q1 2023
ValueAED 4.27bn-11% on the quarter before+4% on Q1 2023
AED per sq ft (median)2,7350% on the quarter before+8% on Q1 2023
Off-plan share37%-9 points on the quarter before-11 points on Q1 2023
Sales in each of the last 4 quarters
Downtown Dubai. The yellow bar is Q1 2024.
Before 24 September 2026 our record holds about 84% of sales. From that date it holds every sale the source shows.
New in the sales record
1 towers and projects had their first recorded sale in Q1 2024. For an off-plan project this is close to the sales launch. It is not the date of the press launch.
| Tower or project | First sale | Sales in the quarter | Value | AED per sq ft | Type |
|---|---|---|---|---|---|
| Baccarat Hotel and Residences | 18 Mar 2024 | 2 | AED 85.4m | 8,162 | Off-plan |
By tower
111 towers and projects had a sale.
| # | Tower or project | Sales | Change | Value | AED per sq ft | Type |
|---|---|---|---|---|---|---|
| 1 | Rove Home Downtown | 148 | -13% | AED 269m | 3,223 | Off-plan |
| 2 | Volta | 88 | -66% | AED 284m | 2,580 | Off-plan |
| 3 | Imperial Avenue | 34 | +48% | AED 161m | 2,636 | Off-plan |
| 4 | The Address Residences Dubai Opera Tower 1 | 30 | -9% | AED 169m | 3,868 | Ready |
| 5 | W Residences Downtown | 29 | +81% | AED 138m | 2,686 | Off-plan |
| 6 | Vida Dubai Mall Tower 1 | 29 | +45% | AED 105m | 3,248 | Off-plan |
| 7 | Burj Royale | 29 | +26% | AED 85.6m | 3,246 | Ready |
| 8 | Grande | 26 | -19% | AED 94.5m | 2,906 | Off-plan |
| 9 | Forte 1 | 24 | +60% | AED 84.1m | 2,573 | Ready |
| 10 | Burj Khalifa | 23 | -15% | AED 110m | 2,587 | Ready |
| 11 | Burj Lake Hotel - The Address DownTown | 21 | +31% | AED 113m | 4,142 | Ready |
| 12 | Vida Residence Downtown | 21 | +75% | AED 95.8m | 3,026 | Ready |
| 13 | Kempinski Blvd (The address Blvd) | 20 | +67% | AED 116m | 3,658 | Ready |
| 14 | Forte 2 | 20 | -13% | AED 56.5m | 2,593 | Ready |
| 15 | Society House | 20 | -81% | AED 47.8m | 2,860 | Off-plan |
| 16 | The Address Residences Dubai Opera Tower 2 | 19 | -44% | AED 100m | 3,801 | Ready |
| 17 | 8 Boulevard Walk | 19 | +58% | AED 30.1m | 1,471 | Ready |
| 18 | Burj Al Nujoom | 18 | +64% | AED 23.7m | 1,304 | Ready |
| 19 | Act One | 17 | -29% | AED 56.3m | 2,955 | Ready |
| 20 | Damac Maison Dubai Mall Street (The Signature) | 17 | +55% | AED 27.9m | 1,645 | Ready |
| 21 | Upper Crest | 17 | was 4 | AED 26.8m | 1,574 | Ready |
| 22 | The Address Sky View Tower 1 | 16 | +33% | AED 112m | 3,855 | Ready |
| 23 | Boulevard Point | 16 | +23% | AED 99.3m | 2,949 | Ready |
| 24 | Burj Crown | 16 | -54% | AED 46.5m | 2,866 | Ready |
| 25 | 29 Burj Boulevard Tower 1 | 16 | +33% | AED 31.0m | 2,182 | Ready |
| 26 | Dunya Tower | 16 | -60% | AED 28.5m | 1,717 | Ready |
| 27 | The Address Residence Fountain Views 1 | 13 | +18% | AED 112m | 4,167 | Ready |
| 28 | The St. Regis Residences - Tower 1 | 13 | -38% | AED 49.7m | 3,051 | Off-plan |
| 29 | Bellevue Tower 1 | 13 | +30% | AED 36.8m | 2,050 | Ready |
| 30 | Burj Vista Tower 1 | 11 | -21% | AED 40.9m | 2,443 | Ready |
| 31 | Act Two | 11 | -61% | AED 35.7m | 2,846 | Ready |
| 32 | Burj Views A | 11 | was 1 | AED 15.5m | 1,229 | Ready |
| 33 | Kempinski Central Avenue | 10 | -66% | AED 62.5m | 3,286 | Ready |
| 34 | St. Regis Residences Financial Center Road | 10 | +67% | AED 57.1m | 2,403 | Off-plan |
| 35 | Address Fountain Views Hotel | 9 | was 3 | AED 87.3m | 4,113 | Ready |
| 36 | Tajer Residences | 9 | +29% | AED 27.2m | 2,184 | Ready |
| 37 | The St. Regis Residences - Tower 2 | 9 | 0% | AED 26.6m | 2,601 | Off-plan |
| 38 | The Lofts Central | 9 | -10% | AED 15.2m | 1,749 | Ready |
| 39 | Standpoint Tower 1 | 9 | +12% | AED 14.8m | 2,158 | Ready |
| 40 | BLVD Heights Tower 1 | 8 | -11% | AED 35.0m | 2,331 | Ready |
| 41 | RP Heights | 8 | -62% | AED 27.8m | 1,700 | Ready |
| 42 | 29 Burj Boulevard Tower 2 | 8 | -62% | AED 15.3m | 2,069 | Ready |
| 43 | The Address Residence Fountain Views 2 | 7 | -12% | AED 48.8m | 4,182 | Ready |
| 44 | Vida Dubai Mall Tower 2 | 7 | -53% | AED 23.8m | 2,814 | Off-plan |
| 45 | Boulevard Central Tower 1 | 7 | was 4 | AED 11.1m | 1,957 | Ready |
| 46 | The Address Sky View Tower 2 | 6 | was 4 | AED 41.2m | 4,178 | Ready |
| 47 | Opera Grand | 6 | -40% | AED 41.0m | 3,564 | Ready |
| 48 | BLVD Heights Tower 2 | 6 | +20% | AED 20.7m | 2,220 | Ready |
| 49 | South Ridge 3 | 6 | was 3 | AED 17.6m | 1,959 | Ready |
| 50 | The Residences 8 | 6 | -33% | AED 15.2m | 2,430 | Ready |
| 51 | Boulevard Central Tower 2 | 6 | was 4 | AED 13.1m | 2,025 | Ready |
| 52 | South Ridge 6 | 6 | 0% | AED 12.9m | 1,684 | Ready |
| 53 | The Lofts West | 6 | -14% | AED 11.7m | 2,057 | Ready |
| 54 | Standpoint Tower 2 | 6 | -33% | AED 9.9m | 1,975 | Ready |
| 55 | Burj Views podium | 6 | -40% | AED 8.2m | 1,598 | Ready |
| 56 | IL Primo | 5 | -50% | AED 131m | 5,189 | Off-plan |
| 57 | Attareen Residences | 5 | was 2 | AED 36.6m | 2,661 | Ready |
| 58 | Al Bahar Residences | 5 | was 3 | AED 28.1m | 3,419 | Ready |
| 59 | Mada Residences by ARTAR | 5 | -72% | AED 20.0m | 1,696 | Ready |
| 60 | The Residences 7 | 5 | 0% | AED 18.1m | 2,185 | Ready |
| 61 | Boulevard Crescent Tower 1 | 5 | -44% | AED 16.2m | 2,189 | Ready |
| 62 | The Residences 1 | 5 | was 2 | AED 14.8m | 2,295 | Ready |
| 63 | Elite Downtown Residence 1 | 5 | -29% | AED 12.8m | 2,147 | Ready |
| 64 | Burj Khalifa Area | 5 | -38% | AED 10.0m | 2,784 | Ready |
| 65 | Burj Views C | 5 | -29% | AED 9.6m | 1,789 | Ready |
| 66 | DT1 | 4 | -20% | AED 14.8m | 2,272 | Ready |
| 67 | South Ridge 4 | 4 | -60% | AED 10.1m | 1,720 | Ready |
| 68 | The Residences 5 | 4 | -20% | AED 9.7m | 2,045 | Ready |
| 69 | South Ridge 5 | 4 | was 2 | AED 9.7m | 1,755 | Ready |
| 70 | Bahwan Tower Downtown | 4 | -20% | AED 9.4m | 1,514 | Ready |
| 71 | Damac Maison The Distinction | 4 | was 3 | AED 8.3m | 1,985 | Ready |
| 72 | The Lofts East | 4 | -43% | AED 7.9m | 1,706 | Ready |
| 73 | South Ridge 2 | 4 | was 2 | AED 7.7m | 1,609 | Ready |
| 74 | Bellevue Tower 2 | 4 | was 2 | AED 6.4m | 1,993 | Ready |
| 75 | 118 Downtown | 3 | was 3 | AED 114m | 3,714 | Ready |
| 76 | The Residences 2 | 3 | was 2 | AED 15.4m | 1,934 | Ready |
| 77 | Boulevard Crescent Tower 2 | 3 | was 4 | AED 8.7m | 2,200 | Ready |
| 78 | Zaafaran 3 | 3 | was 2 | AED 8.6m | 2,231 | Ready |
| 79 | Mon Reve | 3 | -57% | AED 8.4m | 1,561 | Ready |
| 80 | Burj Vista Tower 2 | 3 | was 4 | AED 8.2m | 2,307 | Ready |
| 81 | Reehan 6 | 3 | was 1 | AED 7.9m | 2,303 | Ready |
| 82 | Reehan 7 | 3 | was 3 | AED 7.8m | 1,795 | Ready |
| 83 | Miska 2 | 3 | -50% | AED 7.5m | 1,735 | Ready |
| 84 | Reehan 1 | 3 | was 2 | AED 6.8m | 2,179 | Ready |
| 85 | Claren Tower 2 | 3 | was 4 | AED 5.6m | 2,004 | Ready |
| 86 | Miska 3 | 3 | was 4 | AED 5.0m | 1,743 | Ready |
| 87 | Baccarat Hotel and Residences | 2 | new | AED 85.4m | 8,162 | Off-plan |
| 88 | The Residence | Burj Khalifa | 2 | new | AED 72.0m | 4,201 | Off-plan |
| 89 | The Residences 6 | 2 | new | AED 6.4m | 2,356 | Ready |
| 90 | 29 Burj Boulevard Podium | 2 | was 3 | AED 6.2m | 1,451 | Ready |
| 91 | Zaafaran 2 | 2 | was 4 | AED 6.2m | 2,031 | Ready |
| 92 | Zanzebeel 1 | 2 | was 4 | AED 5.2m | 2,126 | Ready |
| 93 | Claren Tower 1 | 2 | -60% | AED 4.6m | 2,136 | Ready |
| 94 | Elegance Tower | 2 | was 3 | AED 4.2m | 2,570 | Off-plan |
| 95 | Yansoon 5 | 2 | was 1 | AED 3.2m | 1,977 | Ready |
| 96 | The Residences 4 | 1 | was 1 | AED 7.5m | 2,886 | Ready |
| 97 | Armani Residence | 1 | new | AED 4.9m | 2,387 | Ready |
| 98 | Zaafaran 1 | 1 | was 1 | AED 3.7m | 1,546 | Ready |
| 99 | South Ridge 1 | 1 | was 4 | AED 3.4m | 2,079 | Ready |
| 100 | Reehan 3 | 1 | was 2 | AED 3.0m | 2,242 | Ready |
| 101 | Miska 1 | 1 | new | AED 2.8m | 1,994 | Ready |
| 102 | Zaafaran 4 | 1 | was 1 | AED 2.6m | 1,994 | Ready |
| 103 | Yansoon 3 | 1 | was 1 | AED 2.6m | 1,862 | Ready |
| 104 | Yansoon 6 | 1 | new | AED 2.4m | 2,393 | Ready |
| 105 | Zanzebeel 2 | 1 | -80% | AED 2.4m | 2,331 | Ready |
| 106 | Zanzebeel 3 | 1 | was 3 | AED 2.2m | 1,583 | Ready |
| 107 | BLVD Crescent Podium | 1 | was 2 | AED 2.1m | 2,069 | Ready |
| 108 | Kamoon 1 | 1 | was 1 | AED 1.9m | 1,719 | Ready |
| 109 | Reehan 4 | 1 | was 1 | AED 1.9m | 1,888 | Ready |
| 110 | Reehan 5 | 1 | was 3 | AED 1.4m | 1,559 | Ready |
| 111 | Boulevard Central Podium | 1 | new | AED 1.1m | 2,099 | Ready |
Largest sales
The 10 highest prices in Q1 2024.
| Tower or project | Home | Price | AED per sq ft | Date | Type |
|---|---|---|---|---|---|
| 118 Downtown | Apartment, 6 bed | AED 65.0m | 5,885 | 7 Feb | Ready |
| The Residence | Burj Khalifa | Apartment, 5 bed | AED 44.0m | 4,996 | 4 Jan | Off-plan |
| Baccarat Hotel and Residences | Apartment, 4 bed | AED 43.9m | 8,387 | 27 Mar | Off-plan |
| Baccarat Hotel and Residences | Apartment, 4 bed | AED 41.5m | 7,938 | 18 Mar | Off-plan |
| IL Primo | Apartment, 4 bed | AED 29.0m | 5,472 | 25 Jan | Off-plan |
| IL Primo | Apartment, 4 bed | AED 28.0m | 5,409 | 5 Feb | Off-plan |
| The Residence | Burj Khalifa | Apartment, 4 bed | AED 28.0m | 3,405 | 16 Jan | Off-plan |
| IL Primo | Apartment, 4 bed | AED 27.5m | 5,189 | 26 Feb | Off-plan |
| IL Primo | Apartment, 4 bed | AED 24.7m | 4,660 | 9 Feb | Off-plan |
| 118 Downtown | Apartment, 4 bed | AED 24.7m | 3,714 | 1 Mar | Ready |
How these figures are made
Source: our record of unit sales registered in Dubai, read to 13 October 2026. A sale is counted on its registered date.
Left out: land, whole buildings and bulk transactions. AED per sq ft is the median of the sales with a size.
Before 24 September 2026 our record holds about 84% of sales, so a figure before that date reads low and a change across that date reads high.