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Monthly report

Dubai property market — February 2005

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside February 2005. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales280Registered in February 2005up67.7% vs a year earlier
Total valueAED 1.44BRegistered in February 2005Across 62 communities
Price per sqftAED 260/sqftMedian across February 2005up99.7% vs a year earlier
Sale priceAED 2.00MMedian across February 20050% sold off-plan

In a sentence

The Land Department registered 280 property sales in February 2005, worth AED 1.44B in total, across 62 communities. That is 68% more than the same month a year earlier.

The median sale was AED 2,000,000 at AED 260/sqft, 99.7% above the same month last year. 0% of sales were off-plan.

Al Barsha First was the busiest community with 48 registered sales, and also took the most money at AED 334.04M.

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 February 2005, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Barsha First48-41.5%AED 334.04MAED 4.37MAED 302/sqft0%
Mirdif31-24.4%AED 65.11MAED 1.75MAED 155/sqft0%
Hor Al Anz18+63.6%AED 15.57MAED 868KAED 374/sqft0%
Al Satwa15+66.7%AED 18.50MAED 1.15MAED 432/sqft0%
Al Barsha Third8+14.3%AED 24.80MAED 1.98MAED 131/sqft0%
Al Raffa8—AED 57.48MAED 2.15MAED 621/sqft0%
Um Suqaim Second8+60.0%AED 20.45MAED 2.20MAED 291/sqft0%
Al Mizhar Second7-12.5%AED 10.81MAED 1.66MAED 85/sqft0%
Abu Hail6+50.0%AED 5.83MAED 905KAED 331/sqft0%
Al Bada6+100.0%AED 5.79MAED 1.00MAED 392/sqft0%
Al Goze First6+50.0%AED 4.72MAED 945KAED 97/sqft0%
Al Baraha5+66.7%AED 20.40MAED 3.05MAED 1,219/sqft0%
Al Muteena5-28.6%AED 3.83MAED 750KAED 301/sqft0%
Al Rashidiya5+25.0%AED 4.37MAED 780KAED 136/sqft0%
Al Warqa Third5-16.7%AED 4.96MAED 979KAED 84/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 Barsha FirstAED 334.04M48
Nad Al ShibaAED 200.06M1
Marsa DubaiAED 120.00M1
MirdifAED 65.11M31
Al RaffaAED 57.48M8
Al MurqabatAED 47.00M2
AL QUSAISAED 40.50M2
Al KaramaAED 30.72M3
Al Nahda SecondAED 28.95M2
Al GarhoudAED 28.00M2

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 February 2005

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
14 Feb 2005Nad Al Shiba—City Of ArabiaLandExisting PropertiesNot specified20,006,043 sqftAED 10/sqftAED 200,060,710
28 Feb 2005Marsa DubaiDAMAC HEIGHTSDubai MarinaBuildingExisting PropertiesNot specified37,292 sqftAED 3,218/sqftAED 120,000,000
22 Feb 2005AL QUSAIS—BuildingExisting PropertiesNot specified240,000 sqftAED 138/sqftAED 33,000,000
14 Feb 2005Al Murqabat—BuildingExisting PropertiesNot specified13,053 sqftAED 2,452/sqftAED 32,000,000
16 Feb 2005Al Barsha First—LandExisting PropertiesNot specified123,314 sqftAED 205/sqftAED 25,279,370
28 Feb 2005Al Barsha First—LandExisting PropertiesNot specified27,000 sqftAED 932/sqftAED 25,160,000
28 Feb 2005Al Barsha First—BuildingExisting PropertiesNot specified39,300 sqftAED 639/sqftAED 25,100,000
22 Feb 2005Al Barsha First—BuildingExisting PropertiesNot specified150,000 sqftAED 160/sqftAED 24,000,000
8 Feb 2005Ras Al Khor Industrial Second—BuildingExisting PropertiesNot specified120,978 sqftAED 182/sqftAED 22,000,000
21 Feb 2005Oud Metha—LandExisting PropertiesNot specified18,351 sqftAED 1,100/sqftAED 20,186,100

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.