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Monthly report

Dubai property market — June 2004

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

Sales295Registered in June 2004up35.3% vs a year earlier
Total valueAED 1.31BRegistered in June 2004Across 69 communities
Price per sqftAED 182/sqftMedian across June 2004up35.1% vs a year earlier
Sale priceAED 1.35MMedian across June 20040% sold off-plan

In a sentence

The Land Department registered 295 property sales in June 2004, worth AED 1.31B in total, across 69 communities. That is 35% more than the same month a year earlier.

The median sale was AED 1,350,000 at AED 182/sqft, 35.1% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 19 registered sales, while Al Thanyah Third took the most money at AED 149.00M.

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 June 2004, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif19-13.6%AED 28.90MAED 1.35MAED 110/sqft0%
Al Barsha Third15+66.7%AED 17.79MAED 1.09MAED 75/sqft0%
Al Rashidiya15+200.0%AED 8.91MAED 620KAED 101/sqft0%
Hor Al Anz14+7.7%AED 10.84MAED 700KAED 279/sqft0%
Al Satwa130.0%AED 10.59MAED 865KAED 346/sqft0%
Abu Hail12+50.0%AED 37.84MAED 1.35MAED 172/sqft0%
Al Barsha Second11+57.1%AED 14.10MAED 1.13MAED 75/sqft0%
Um Suqaim Second10+25.0%AED 22.67MAED 2.15MAED 175/sqft0%
Al Bada9+80.0%AED 11.38MAED 1.20MAED 260/sqft0%
Al Thanayah Fourth9+350.0%AED 14.00MAED 1.49MAED 233/sqft0%
Nad Al Hamar9-18.2%AED 7.91MAED 885KAED 59/sqft0%
Al Mizhar First7+133.3%AED 7.39MAED 975KAED 65/sqft0%
Naif7+16.7%AED 16.87MAED 1.30MAED 728/sqft0%
Um Suqaim Third7—AED 16.31MAED 2.00MAED 225/sqft0%
Al Dhagaya6+200.0%AED 26.68MAED 3.70MAED 1,460/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
Al Thanyah ThirdAED 149.00M3
Al Barsha FirstAED 110.54M5
MankhoolAED 77.03M2
Al Goze Industrial ThirdAED 74.60M3
Ras Al Khor Industrial SecondAED 60.49M4
Marsa DubaiAED 59.75M4
Trade Center SecondAED 59.00M1
Al HamriyaAED 55.03M5
Al Nahda FirstAED 45.00M1
Al MurqabatAED 44.05M4

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 June 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
28 Jun 2004Mankhool—BuildingExisting PropertiesNot specified27,180 sqftAED 2,759/sqftAED 75,000,000
7 Jun 2004Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified59,387 sqftAED 1,246/sqftAED 74,000,000
7 Jun 2004Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified55,293 sqftAED 1,266/sqftAED 70,000,000
29 Jun 2004Al Barsha First—BuildingExisting PropertiesNot specified22,494 sqftAED 2,747/sqftAED 61,800,000
21 Jun 2004Trade Center Second—BuildingExisting PropertiesNot specified10,000 sqftAED 5,900/sqftAED 59,000,000
30 Jun 2004Al Nahda First—BuildingExisting PropertiesNot specified99,371 sqftAED 453/sqftAED 45,000,000
30 Jun 2004Al Goze Industrial Third—BuildingExisting PropertiesNot specified202,500 sqftAED 198/sqftAED 40,000,000
9 Jun 2004Al Hamriya—BuildingExisting PropertiesNot specified36,928 sqftAED 858/sqftAED 31,698,200
2 Jun 2004Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified50,338 sqftAED 596/sqftAED 30,000,000
28 Jun 2004Port Saeed—BuildingExisting PropertiesNot specified21,279 sqftAED 1,236/sqftAED 26,300,000

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.