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How to check if a Dubai apartment is overpriced: Use the transaction data.

// Short answer

How can I tell if an apartment in Dubai is overpriced?

Compare the listing’s price per square foot with recent registered sales in the same building or community. The Dubai Land Department publishes registered transactions, which you can search on its website and in the Dubai REST app. A listing well above recent sales of similar units needs a reason, such as a higher floor, a better view or an upgrade.

Dubai is unusual: unlike many markets, actual sale prices are public. That changes how you check a listing. You are not guessing from other adverts; you can compare with what buyers actually paid.

Step 1: get the price per square foot

Divide the asking price by the unit’s size in square feet. Use the size on the title deed or the sale and purchase agreement. For off-plan units, use the size in the Oqood registration, explained in the title deed and Oqood guide.

Step 2: pull recent registered sales for the same building

Search the building or community in the Dubai Land Department transaction data, on its website or the Dubai REST app. Filter to the same unit type (studio, one-bed) and the last six to twelve months. Note each sale’s price per square foot and take the median.

Separate ready sales from off-plan sales. They price differently, and mixing them distorts the comparison.

Step 3: compare and look for the reason

Divide the listing’s price per square foot by the median of recent sales. Above 100%, ask what justifies it: floor, view, layout, upgrades, or a short supply of that unit type. Below 100%, ask why: condition, a poor stack, or a motivated seller.

Asking prices on listing sites are useful context, but registered sales are the stronger benchmark because money actually changed hands.

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Check the rent and the service charges too

A fair price can still be a weak investment. Check the rent against the Dubai Land Department’s rental index for the area, and against similar units let in the same building.

Then check the service charge. The Dubai Land Department publishes approved service charges per building, in AED per square foot per year. A high service charge cuts straight into what you keep, so add it to your numbers before you offer.

The costs on top of the price

Budget the Dubai Land Department transfer fee, usually 4% of the price, plus registration and agency fees. What a Dubai agent charges covers the commission side.

Frequently asked questions

Are Dubai property sale prices public?
Yes. The Dubai Land Department publishes registered transactions, searchable on its website and in the Dubai REST app.
Should I compare with listings or with sales?
With sales first. Listings show what owners hope for; registered sales show what buyers paid. Use listings as context.
How far back should I look?
Six to twelve months of sales in the same building or community is a good window. In a fast market, weight the most recent months more.
What else should I check besides the price?
The rent against the official rental index and similar lets, the approved service charge per square foot, and the transfer and registration costs.

Independent research, not financial, legal or tax advice. Rules, fees and data sources change; confirm the current position with a licensed local professional before you commit money.

Stan Brinkman

About the author

Stan Brinkman

Independent property analyst. Not an agent, no commission, not a licensed financial adviser. I bought two condos with my own money and published every number: my first unit and my second unit. How the research is done: the method.

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Primary sources

Official government, central-bank and legislation sources. External links open in a new tab.

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Disclaimer

Brinkman Data Analytics is an independent research service. Not financial, investment, tax, or legal advice. All yield figures are estimates based on historical research data and are not guaranteed. International real estate carries risk of partial or total loss of capital.