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Monthly report

Dubai property market — April 2006

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

Sales206Registered in April 2006down15.2% vs a year earlier
Total valueAED 1.84BRegistered in April 2006Across 65 communities
Price per sqftAED 405/sqftMedian across April 2006up44.5% vs a year earlier
Sale priceAED 3.15MMedian across April 20060% sold off-plan

In a sentence

The Land Department registered 206 property sales in April 2006, worth AED 1.84B in total, across 65 communities. That is 15% fewer than the same month a year earlier.

The median sale was AED 3,145,526 at AED 405/sqft, 44.5% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 20 registered sales, while Al Safouh Second took the most money at AED 250.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif20-13.0%AED 89.54MAED 2.63MAED 250/sqft0%
Hor Al Anz10+66.7%AED 23.51MAED 1.82MAED 583/sqft0%
Nad Al Shiba9+350.0%AED 66.48MAED 5.46MAED 150/sqft0%
Al Mararr8+100.0%AED 54.20MAED 5.97MAED 2,495/sqft0%
Al Nahda Second8+166.7%AED 102.05MAED 11.11MAED 560/sqft0%
Al Satwa8+14.3%AED 25.06MAED 1.90MAED 678/sqft0%
Al Mizhar First7+133.3%AED 13.32MAED 2.02MAED 150/sqft0%
Al Saffa Second6—AED 18.60MAED 2.30MAED 393/sqft0%
Al Bada5+66.7%AED 21.59MAED 2.50MAED 300/sqft0%
Al Muteena50.0%AED 13.65MAED 1.60MAED 669/sqft0%
Al Waheda5-16.7%AED 7.21MAED 1.39MAED 510/sqft0%
Jabal Ali Industrial First5+400.0%AED 114.70MAED 21.07MAED 170/sqft0%
Nad Al Hamar5-28.6%AED 82.66MAED 2.80MAED 150/sqft0%
Al Barsha First40.0%AED 82.30MAED 21.21MAED 1,050/sqft0%
Al Barsha Third4-50.0%AED 9.45MAED 2.33MAED 155/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 Safouh SecondAED 250.00M1
Jabal Ali Industrial FirstAED 114.70M5
Al Nahda SecondAED 102.05M8
MirdifAED 89.54M20
Nad Al HamarAED 82.66M5
Al Barsha FirstAED 82.30M4
Port SaeedAED 66.50M2
Nad Al ShibaAED 66.48M9
Al Goze Industrial SecondAED 66.00M1
Al Nahda FirstAED 55.65M3

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 April 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
19 Apr 2006Al Safouh Second—Site ABuildingExisting PropertiesNot specified43,375 sqftAED 5,764/sqftAED 250,000,000
24 Apr 2006Nad Al Hamar—LandExisting PropertiesNot specified261,811 sqftAED 280/sqftAED 73,307,080
12 Apr 2006Al Goze Industrial Second—BuildingExisting PropertiesNot specified40,000 sqftAED 1,650/sqftAED 66,000,000
17 Apr 2006Port Saeed—BuildingExisting PropertiesNot specified21,279 sqftAED 1,974/sqftAED 42,000,000
3 Apr 2006Al Khawaneej Second—LandExisting PropertiesNot specified757,170 sqftAED 50/sqftAED 37,858,550
11 Apr 2006Al Barsha First—LandExisting PropertiesNot specified24,494 sqftAED 1,500/sqftAED 36,741,000
24 Apr 2006AL QUSAIS—BuildingExisting PropertiesNot specified278,121 sqftAED 126/sqftAED 35,000,000
4 Apr 2006Jabal Ali Industrial First—LandExisting PropertiesNot specified199,380 sqftAED 170/sqftAED 33,894,600
3 Apr 2006Um Ramool—BuildingExisting PropertiesNot specified803,490 sqftAED 41/sqftAED 33,333,333
17 Apr 2006Al Barsha First—BuildingExisting PropertiesNot specified27,131 sqftAED 1,150/sqftAED 31,200,650

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.