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Quarterly report

Dubai property market — Q3 2005

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2005. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales444Registered in Q3 2005down29.6% vs a year earlier
Total valueAED 2.63BRegistered in Q3 2005Across 76 communities
Price per sqftAED 262/sqftMedian across Q3 2005up19% vs a year earlier
Sale priceAED 2.23MMedian across Q3 20050% sold off-plan

In a sentence

The Land Department registered 444 property sales in Q3 2005, worth AED 2.63B in total, across 76 communities. That is 30% fewer than the same quarter a year earlier.

The median sale was AED 2,228,000 at AED 262/sqft, 19% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 84 registered sales, and also took the most money at AED 444.91M.

Against the previous quarter, Mirdif fell 14% to 84.

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 Q3 2005, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif84-14.3%AED 444.91MAED 2.83MAED 205/sqft0%
Al Rashidiya27+3.8%AED 31.50MAED 1.16MAED 205/sqft0%
Al Satwa23-25.8%AED 35.53MAED 1.20MAED 480/sqft0%
Hor Al Anz18-56.1%AED 21.11MAED 1.11MAED 477/sqft0%
Nad Al Shiba14+366.7%AED 81.87MAED 5.47MAED 118/sqft0%
Muhaisanah Third13+8.3%AED 20.23MAED 1.34MAED 100/sqft0%
Al Barsha First12-61.3%AED 209.32MAED 13.10MAED 925/sqft0%
Al Muteena12-7.7%AED 17.55MAED 1.21MAED 445/sqft0%
Al Bada11-26.7%AED 16.69MAED 1.50MAED 520/sqft0%
Al Barsha Second11-42.1%AED 29.50MAED 2.34MAED 163/sqft0%
Al Barsha Third9-55.0%AED 28.77MAED 2.31MAED 150/sqft0%
Al Thanyah Third9-57.1%AED 322.64MAED 24.00MAED 457/sqft0%
Abu Hail8-46.7%AED 7.33MAED 925KAED 370/sqft0%
Al Mararr8-57.9%AED 47.83MAED 6.85MAED 1,941/sqft0%
Al Mizhar First8-55.6%AED 20.47MAED 1.98MAED 163/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
MirdifAED 444.91M84
Al Thanyah ThirdAED 322.64M9
Al Barsha FirstAED 209.32M12
Al MurqabatAED 108.28M5
Hor Al Anz EastAED 106.23M6
Marsa DubaiAED 103.26M2
Nad Al ShibaAED 81.87M14
Port SaeedAED 70.84M3
Al Nahda SecondAED 65.57M7
Ras Al Khor Industrial SecondAED 65.55M3

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
Mirdif84-14.3%

The largest sales of Q3 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
23 Aug 2005Al Thanyah ThirdThe GreensBuildingExisting PropertiesNot specified55,293 sqftAED 3,255/sqftAED 180,000,000
29 Aug 2005Marsa DubaiDubai MarinaBuildingExisting PropertiesNot specified48,690 sqftAED 1,526/sqftAED 74,292,665
21 Sept 2005Al Barsha FirstBuildingExisting PropertiesNot specified24,040 sqftAED 2,995/sqftAED 72,000,000
1 Aug 2005Port SaeedBuildingExisting PropertiesNot specified21,270 sqftAED 2,821/sqftAED 60,000,000
5 Sept 2005Al RaffaBuildingExisting PropertiesNot specified23,491 sqftAED 2,214/sqftAED 52,000,000
19 Sept 2005Palm JumeirahEMERALD PALACE KEMPINSKIPalm JumeirahVillaExisting PropertiesNot specified507,634 sqftAED 100/sqftAED 50,763,510
4 Jul 2005Al MurqabatBuildingExisting PropertiesNot specified40,000 sqftAED 1,150/sqftAED 46,000,000
15 Aug 2005Hor Al Anz EastBuildingExisting PropertiesNot specified51,790 sqftAED 800/sqftAED 41,432,000
16 Aug 2005Al Barsha FirstBuildingExisting PropertiesNot specified12,375 sqftAED 3,232/sqftAED 40,000,000
27 Sept 2005Hor Al Anz EastBuildingExisting PropertiesNot specified25,000 sqftAED 1,600/sqftAED 40,000,000

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.