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Monthly report

Dubai property market — April 2004

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2004. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales290Registered in April 2004up67.6% vs a year earlier
Total valueAED 988.91MRegistered in April 2004Across 61 communities
Price per sqftAED 160/sqftMedian across April 2004up17% vs a year earlier
Sale priceAED 1.20MMedian across April 20040% sold off-plan

In a sentence

The Land Department registered 290 property sales in April 2004, worth AED 988.91M in total, across 61 communities. That is 68% more than the same month a year earlier.

The median sale was AED 1,200,000 at AED 160/sqft, 17% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 29 registered sales, while Trade Center Second took the most money at AED 180.00M.

Sales by month

Price per square foot by month

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in April 2004, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif29+26.1%AED 57.41MAED 1.41MAED 105/sqft0%
Al Barsha Second16+23.1%AED 17.10MAED 1.03MAED 70/sqft0%
Al Barsha Third16+128.6%AED 17.94MAED 1.07MAED 70/sqft0%
Al Satwa15+25.0%AED 16.27MAED 880KAED 264/sqft0%
Al Rashidiya11+37.5%AED 7.16MAED 580KAED 125/sqft0%
Hor Al Anz11-21.4%AED 10.15MAED 740KAED 255/sqft0%
Muhaisanah Third11+266.7%AED 6.26MAED 600KAED 41/sqft0%
Al Bada10+150.0%AED 12.84MAED 950KAED 202/sqft0%
Abu Hail9+12.5%AED 10.32MAED 500KAED 192/sqft0%
Al Raffa9+800.0%AED 68.49MAED 4.10MAED 420/sqft0%
Al Twar Fourth8+60.0%AED 4.08MAED 565KAED 61/sqft0%
Hor Al Anz East8+300.0%AED 38.29MAED 4.87MAED 320/sqft0%
Naif80.0%AED 39.81MAED 2.25MAED 654/sqft0%
Um Suqaim Second8+33.3%AED 32.83MAED 2.57MAED 192/sqft0%
Al Mizhar First7+75.0%AED 6.22MAED 750KAED 58/sqft0%

Where the money went

Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.

CommunityValueSales
Trade Center SecondAED 180.00M1
Trade Center FirstAED 108.16M1
Al RaffaAED 68.49M9
MirdifAED 57.41M29
Oud MethaAED 42.86M2
NaifAED 39.81M8
Hor Al Anz EastAED 38.29M8
Um Suqaim SecondAED 32.83M8
Al Nahda SecondAED 31.63M5
Um Suqaim FirstAED 26.42M7

Biggest movers

Change in registered sales against the previous month. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange

The largest sales of April 2004

Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.

Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
21 Apr 2004Trade Center SecondBuildingExisting PropertiesNot specified11,800 sqftAED 15,254/sqftAED 180,000,000
13 Apr 2004Trade Center FirstBuildingExisting PropertiesNot specified67,600 sqftAED 1,600/sqftAED 108,160,000
7 Apr 2004Al RaffaLandExisting PropertiesNot specified38,950 sqftAED 900/sqftAED 35,055,000
12 Apr 2004Oud MethaBuildingExisting PropertiesNot specified40,000 sqftAED 670/sqftAED 26,800,000
26 Apr 2004NaifBuildingExisting PropertiesNot specified6,812 sqftAED 2,950/sqftAED 20,095,400
20 Apr 2004Oud MethaBuildingExisting PropertiesNot specified28,686 sqftAED 560/sqftAED 16,064,160
6 Apr 2004Um Suqaim SecondLandExisting PropertiesNot specified85,996 sqftAED 160/sqftAED 13,759,360
21 Apr 2004Al Goze Industrial SecondBuildingExisting PropertiesNot specified79,251 sqftAED 170/sqftAED 13,500,000
6 Apr 2004MankhoolBuildingExisting PropertiesNot specified19,317 sqftAED 688/sqftAED 13,290,096
5 Apr 2004Um Suqaim ThirdVillaExisting PropertiesNot specified58,200 sqftAED 192/sqftAED 11,174,400

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.