Al Raffa Property Prices & Market Data

Al Raffa has registered 30 sales transactions in the historical DLD dataset, with a combined transaction value of 164.9M AED. That volume gives agents working buyers and sellers in Al Raffa a pool of comparable sales evidence to support pricing conversations.

The median transaction price of 12,336 AED/sqm spans all residential categories and conceals meaningful variation by building, floor, and unit type. The middle of the distribution — the 25th to 75th percentile — runs from 8,170 to 15,325 AED/sqm, so individual units can trade well above or below the headline median.

Location signals for Al Raffa include Al Ghubaiba Metro Station, Dubai Mall, Burj Khalifa. Proximity to transit and amenities is one factor agents weigh when explaining price differences between otherwise comparable units.

This data covers sales transactions only. It does not include rental transactions, Ejari registrations, or mortgage registrations. The dataset ends 2023-03-17; the most recent year is a partial year and should not be annualised.

Transaction volume in Al Raffa varies year to year with the broader Dubai market cycle. Activity across the dataset peaked during the 2021–2022 market recovery, driven by increased international buyer demand.

Monthly trend history for Al Raffa is available from 2021-04 to 2023-02. When setting buyer and seller expectations, context on the underlying cycle matters: a comparable drawn from a peak month may overstate current values, while an older comparable may understate them.