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Monthly report

Dubai property market — November 2004

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

Sales163Registered in November 2004up27.3% vs a year earlier
Total valueAED 840.29MRegistered in November 2004Across 50 communities
Price per sqftAED 184/sqftMedian across November 2004up71.3% vs a year earlier
Sale priceAED 1.80MMedian across November 20040% sold off-plan

In a sentence

The Land Department registered 163 property sales in November 2004, worth AED 840.29M in total, across 50 communities. That is 27% more than the same month a year earlier.

The median sale was AED 1,800,000 at AED 184/sqft, 71.3% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 17 registered sales, while Al Safouh First took the most money at AED 126.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif17+30.8%AED 36.46MAED 1.80MAED 167/sqft0%
Al Thanyah Third16+60.0%AED 110.40MAED 6.15MAED 180/sqft0%
Jabal Ali Industrial First10+25.0%AED 92.97MAED 7.06MAED 100/sqft0%
Hor Al Anz9-18.2%AED 9.44MAED 800KAED 397/sqft0%
Al Barsha First8—AED 37.32MAED 3.72MAED 373/sqft0%
Al Barsha Third7+250.0%AED 12.62MAED 1.57MAED 120/sqft0%
Al Rashidiya7+16.7%AED 4.46MAED 680KAED 183/sqft0%
Al Satwa6+200.0%AED 4.34MAED 855KAED 345/sqft0%
Al Warqa Third6+50.0%AED 4.46MAED 775KAED 63/sqft0%
Al Waheda5-28.6%AED 6.06MAED 1.42MAED 223/sqft0%
Al Barsha Second4-33.3%AED 6.58MAED 1.36MAED 90/sqft0%
Al Dhagaya4+33.3%AED 2.94MAED 907KAED 926/sqft0%
Al Mararr4-33.3%AED 10.77MAED 2.90MAED 873/sqft0%
Um Al Sheif4-42.9%AED 8.90MAED 2.01MAED 135/sqft0%
Al Bada3-40.0%AED 2.34MAED 840KAED 314/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 Safouh FirstAED 126.00M1
Al Thanyah ThirdAED 110.40M16
Marsa DubaiAED 95.00M2
Jabal Ali Industrial FirstAED 92.97M10
Port SaeedAED 45.91M1
Al Barsha FirstAED 37.32M8
MirdifAED 36.46M17
Al MurqabatAED 26.50M2
Nad Al ShibaAED 21.00M1
Al KaramaAED 17.20M1

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 November 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
22 Nov 2004Al Safouh FirstACACIA AVENUESTECOM Site BLandExisting PropertiesNot specified1,005,591 sqftAED 125/sqftAED 126,000,000
1 Nov 2004Marsa DubaiDAMAC HEIGHTSDubai MarinaBuildingExisting PropertiesNot specified37,292 sqftAED 2,145/sqftAED 80,000,000
29 Nov 2004Port Saeed—BuildingExisting PropertiesNot specified59,628 sqftAED 770/sqftAED 45,913,560
23 Nov 2004Al Murqabat—BuildingExisting PropertiesNot specified46,714 sqftAED 565/sqftAED 26,393,410
29 Nov 2004Nad Al Shiba—LandExisting PropertiesNot specified1,400,162 sqftAED 15/sqftAED 21,002,460
29 Nov 2004Jabal Ali Industrial First—LandExisting PropertiesNot specified199,380 sqftAED 100/sqftAED 19,938,000
29 Nov 2004Al Karama—BuildingExisting PropertiesNot specified10,000 sqftAED 1,720/sqftAED 17,200,000
1 Nov 2004Marsa DubaiDAMAC HEIGHTSDubai MarinaBuildingExisting PropertiesNot specified37,292 sqftAED 402/sqftAED 15,000,000
29 Nov 2004Jabal Ali Industrial First—LandExisting PropertiesNot specified143,760 sqftAED 100/sqftAED 14,376,000
1 Nov 2004Al Buteen—BuildingExisting PropertiesNot specified4,759 sqftAED 2,955/sqftAED 14,064,000

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.