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Monthly report

Dubai property market — January 2006

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2006. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales158Registered in January 2006down52.3% vs a year earlier
Total valueAED 824.43MRegistered in January 2006Across 48 communities
Price per sqftAED 265/sqftMedian across January 2006up1.2% vs a year earlier
Sale priceAED 2.10MMedian across January 20060% sold off-plan

In a sentence

The Land Department registered 158 property sales in January 2006, worth AED 824.43M in total, across 48 communities. That is 52% fewer than the same month a year earlier.

The median sale was AED 2,100,000 at AED 265/sqft, 1.2% above the same month last year. 0% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 30 registered sales, while Al Karama took the most money at AED 124.58M.

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 January 2006, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth30+2900.0%AED 62.43MAED 2.00MAED 194/sqft0%
Mirdif14+27.3%AED 36.78MAED 2.46MAED 246/sqft0%
Hor Al Anz8-11.1%AED 21.62MAED 1.65MAED 697/sqft0%
Abu Hail6+100.0%AED 6.76MAED 1.18MAED 420/sqft0%
Al Barsha First6+50.0%AED 86.25MAED 10.77MAED 898/sqft0%
Al Barsha Third6+20.0%AED 21.70MAED 2.68MAED 187/sqft0%
Al Satwa6-33.3%AED 8.45MAED 1.55MAED 636/sqft0%
Al Mararr5+150.0%AED 29.52MAED 3.00MAED 1,790/sqft0%
Al Barsha Second4+33.3%AED 16.16MAED 2.60MAED 176/sqft0%
Al Muteena4+300.0%AED 7.39MAED 1.88MAED 390/sqft0%
Al Rashidiya4+100.0%AED 5.80MAED 1.38MAED 210/sqft0%
Lehbab4+300.0%AED 26.05MAED 4.75MAED 9/sqft0%
Al Dhagaya3—AED 19.81MAED 3.60MAED 3,103/sqft0%
Al Karama30.0%AED 124.58MAED 5.20MAED 1,143/sqft0%
Al Manara3+200.0%AED 33.58MAED 5.21MAED 330/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 KaramaAED 124.58M3
Al Barsha FirstAED 86.25M6
Al Thanyah FifthAED 62.43M30
MirdifAED 36.78M14
Al ManaraAED 33.58M3
Al Goze FirstAED 33.44M2
Al MararrAED 29.52M5
LehbabAED 26.05M4
Al Nahda SecondAED 24.73M3
Um Hurair FirstAED 24.24M1

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 January 2006

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
16 Jan 2006Al Karama—BuildingExisting PropertiesNot specified19,105 sqftAED 6,124/sqftAED 117,000,000
24 Jan 2006Al Goze First—BuildingExisting PropertiesNot specified20,000 sqftAED 1,600/sqftAED 32,000,000
2 Jan 2006Al Barsha First—BuildingExisting PropertiesNot specified12,068 sqftAED 2,154/sqftAED 26,000,000
31 Jan 2006Al Manara—VillaExisting PropertiesNot specified38,809 sqftAED 644/sqftAED 25,000,000
30 Jan 2006Um Hurair First—BuildingExisting PropertiesNot specified24,240 sqftAED 1,000/sqftAED 24,240,000
23 Jan 2006Al Barsha First—BuildingExisting PropertiesNot specified12,001 sqftAED 1,826/sqftAED 21,914,800
31 Jan 2006Naif—BuildingExisting PropertiesNot specified2,409 sqftAED 8,302/sqftAED 20,000,000
24 Jan 2006Um Suqaim Third—VillaExisting PropertiesNot specified55,600 sqftAED 350/sqftAED 19,460,000
2 Jan 2006Al Nahda First—BuildingExisting PropertiesNot specified25,000 sqftAED 700/sqftAED 17,500,000
31 Jan 2006Al-Aweer—LandExisting PropertiesNot specified347,034 sqftAED 48/sqftAED 16,500,000

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.