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Monthly report

Dubai property market — May 2005

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

Sales306Registered in May 2005up13.3% vs a year earlier
Total valueAED 2.15BRegistered in May 2005Across 72 communities
Price per sqftAED 292/sqftMedian across May 2005up48.1% vs a year earlier
Sale priceAED 2.37MMedian across May 20050% sold off-plan

In a sentence

The Land Department registered 306 property sales in May 2005, worth AED 2.15B in total, across 72 communities. That is 13% more than the same month a year earlier.

The median sale was AED 2,370,070 at AED 292/sqft, 48.1% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 41 registered sales, while Al Barsha First took the most money at AED 329.31M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif41+32.3%AED 93.16MAED 1.84MAED 200/sqft0%
Hor Al Anz18+20.0%AED 22.28MAED 1.12MAED 506/sqft0%
Al Barsha First15+66.7%AED 329.31MAED 14.54MAED 950/sqft0%
Al Rashidiya110.0%AED 14.83MAED 1.10MAED 207/sqft0%
Al Satwa110.0%AED 14.54MAED 1.34MAED 536/sqft0%
Al Warqa Third10+233.3%AED 12.07MAED 1.18MAED 95/sqft0%
Um Suqaim Second10+66.7%AED 84.48MAED 4.06MAED 333/sqft0%
Abu Hail9+125.0%AED 6.67MAED 700KAED 280/sqft0%
Al Barsha Second9+125.0%AED 20.82MAED 2.37MAED 160/sqft0%
Al Karama9+350.0%AED 134.80MAED 2.75MAED 1,209/sqft0%
Al Mararr9+80.0%AED 52.57MAED 4.50MAED 1,500/sqft0%
Al Thanyah Third8+60.0%AED 77.17MAED 9.95MAED 347/sqft0%
Al Bada6+200.0%AED 18.16MAED 1.75MAED 524/sqft0%
Al Barsha Third6-33.3%AED 28.10MAED 2.25MAED 150/sqft0%
Al Twar Fourth6—AED 5.87MAED 969KAED 97/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 329.31M15
Al KaramaAED 134.80M9
Al HamriyaAED 124.00M2
MankhoolAED 93.52M4
MirdifAED 93.16M41
Hor Al Anz EastAED 85.00M1
Um Suqaim SecondAED 84.48M10
Al Thanyah ThirdAED 77.17M8
Burj KhalifaAED 72.40M2
Al MurqabatAED 67.62M5

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 May 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
30 May 2005Al Hamriya—BuildingExisting PropertiesNot specified24,120 sqftAED 4,975/sqftAED 120,000,000
10 May 2005Al Karama—BuildingExisting PropertiesNot specified50,000 sqftAED 2,200/sqftAED 110,000,000
30 May 2005Al Barsha First—BuildingExisting PropertiesNot specified102,318 sqftAED 1,000/sqftAED 102,318,000
9 May 2005Hor Al Anz East—BuildingExisting PropertiesNot specified50,666 sqftAED 1,678/sqftAED 85,000,000
23 May 2005Burj Khalifa—LandExisting PropertiesNot specified10,000 sqftAED 6,790/sqftAED 67,900,000
25 May 2005Al Goze Industrial First—BuildingExisting PropertiesNot specified249,819 sqftAED 260/sqftAED 64,952,940
23 May 2005Mankhool—LandExisting PropertiesNot specified51,255 sqftAED 1,200/sqftAED 61,506,000
24 May 2005Al Rega—BuildingExisting PropertiesNot specified17,989 sqftAED 3,280/sqftAED 59,000,000
2 May 2005Al Barsha First—LandExisting PropertiesNot specified28,790 sqftAED 1,600/sqftAED 46,064,000
24 May 2005Um Suqaim Second—LandExisting PropertiesNot specified159,600 sqftAED 280/sqftAED 44,688,000

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.