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Quarterly report

Dubai property market — Q2 2005

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q2 2005. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales754Registered in Q2 2005down11.8% vs a year earlier
Total valueAED 5.01BRegistered in Q2 2005Across 88 communities
Price per sqftAED 300/sqftMedian across Q2 2005up71.4% vs a year earlier
Sale priceAED 2.34MMedian across Q2 20050% sold off-plan

In a sentence

The Land Department registered 754 property sales in Q2 2005, worth AED 5.01B in total, across 88 communities. That is 12% fewer than the same quarter a year earlier.

The median sale was AED 2,337,500 at AED 300/sqft, 71.4% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 98 registered sales, while Al Barsha First took the most money at AED 484.75M.

Against the previous quarter, Mirdif fell 7% to 98.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q2 2005, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif98-6.7%AED 298.11MAED 2.00MAED 200/sqft0%
Hor Al Anz41-16.3%AED 57.44MAED 1.04MAED 497/sqft0%
Al Barsha First31-81.9%AED 484.75MAED 9.49MAED 750/sqft0%
Al Satwa31-6.1%AED 39.00MAED 1.25MAED 520/sqft0%
Al Rashidiya26+30.0%AED 30.91MAED 985KAED 203/sqft0%
Um Suqaim Second23+4.5%AED 176.35MAED 4.00MAED 332/sqft0%
Al Thanyah Third21+61.5%AED 361.43MAED 14.00MAED 530/sqft0%
Al Barsha Third20-20.0%AED 60.13MAED 2.25MAED 150/sqft0%
Al Barsha Second19-5.0%AED 44.89MAED 2.28MAED 160/sqft0%
Al Mararr19+26.7%AED 116.02MAED 4.64MAED 1,790/sqft0%
Al Mizhar First18-14.3%AED 45.59MAED 1.50MAED 100/sqft0%
Naif17+70.0%AED 123.75MAED 6.00MAED 1,627/sqft0%
Al Karama16+166.7%AED 209.68MAED 3.77MAED 1,175/sqft0%
Al Waheda16-5.9%AED 26.56MAED 1.30MAED 293/sqft0%
Abu Hail15-6.3%AED 15.17MAED 900KAED 337/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 484.75M31
Al Thanyah ThirdAED 361.43M21
MirdifAED 298.11M98
Al KaramaAED 209.68M16
Al Nahda FirstAED 184.71M7
Um Suqaim SecondAED 176.35M23
Burj KhalifaAED 162.40M3
Al MurqabatAED 156.14M11
Marsa DubaiAED 142.17M4
Al HamriyaAED 138.57M6

Biggest movers

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

CommunitySalesChange
Mirdif98-6.7%

The largest sales of Q2 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
4 Apr 2005Oud Metha—BuildingExisting PropertiesNot specified56,685 sqftAED 2,064/sqftAED 117,000,000
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
26 Apr 2005Burj Khalifa—LandExisting PropertiesNot specified15,000 sqftAED 6,000/sqftAED 90,000,000
9 May 2005Hor Al Anz East—BuildingExisting PropertiesNot specified50,666 sqftAED 1,678/sqftAED 85,000,000
27 Apr 2005Al Safouh SecondICONICSite ALandExisting PropertiesNot specified68,547 sqftAED 1,167/sqftAED 80,000,000
27 Jun 2005Al Thanyah Third—LandExisting PropertiesNot specified29,063 sqftAED 2,615/sqftAED 76,000,000
11 Apr 2005Marsa DubaiSULAFA TOWERDubai MarinaBuildingExisting PropertiesNot specified37,677 sqftAED 1,938/sqftAED 73,000,000
11 Apr 2005Al Barsha First—BuildingExisting PropertiesNot specified102,318 sqftAED 680/sqftAED 69,576,240

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.