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Monthly report

Dubai property market — June 2006

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

Sales230Registered in June 2006up12.2% vs a year earlier
Total valueAED 1.44BRegistered in June 2006Across 53 communities
Price per sqftAED 252/sqftMedian across June 2006down23.5% vs a year earlier
Sale priceAED 2.42MMedian across June 20060% sold off-plan

In a sentence

The Land Department registered 230 property sales in June 2006, worth AED 1.44B in total, across 53 communities. That is 12% more than the same month a year earlier.

The median sale was AED 2,425,000 at AED 252/sqft, 23.5% below the same month last year. 0% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 59 registered sales, while Muhaisanah Fourth took the most money at AED 184.80M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth59+96.7%AED 125.42MAED 2.10MAED 195/sqft0%
Mirdif25-16.7%AED 103.74MAED 3.02MAED 300/sqft0%
Muhaisanah Fourth16+166.7%AED 184.80MAED 10.30MAED 479/sqft0%
Al Barsha Second9+28.6%AED 25.54MAED 2.98MAED 200/sqft0%
Hor Al Anz8-20.0%AED 12.86MAED 1.50MAED 669/sqft0%
Al Waheda7+16.7%AED 18.69MAED 2.00MAED 256/sqft0%
Al Satwa6-14.3%AED 15.00MAED 1.85MAED 740/sqft0%
Al Thanyah Third6+200.0%AED 161.36MAED 25.10MAED 733/sqft0%
Al Khawaneej First5+150.0%AED 10.43MAED 2.22MAED 125/sqft0%
Al Mararr5-16.7%AED 39.41MAED 9.41MAED 2,881/sqft0%
Al Rashidiya5-16.7%AED 5.35MAED 1.20MAED 227/sqft0%
Al Barsha First4-50.0%AED 52.98MAED 13.29MAED 628/sqft0%
Al Barsha Third4+300.0%AED 11.48MAED 2.84MAED 189/sqft0%
Nad Al Hamar40.0%AED 9.31MAED 2.02MAED 145/sqft0%
Naif40.0%AED 66.60MAED 13.15MAED 1,292/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
Muhaisanah FourthAED 184.80M16
Marsa DubaiAED 179.69M3
Al Thanyah ThirdAED 161.36M6
Al Thanyah FifthAED 125.42M59
MirdifAED 103.74M25
NaifAED 66.60M4
Al Nahda SecondAED 61.35M3
Al Barsha FirstAED 52.98M4
Al MararrAED 39.41M5
Al GarhoudAED 35.00M1

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 June 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
26 Jun 2006Marsa DubaiSix Senses Residences Dubai MarinaDubai MarinaBuildingExisting PropertiesNot specified37,677 sqftAED 2,389/sqftAED 90,000,000
5 Jun 2006Marsa DubaiAeternitas TowerDubai MarinaLandExisting PropertiesNot specified37,678 sqftAED 2,322/sqftAED 87,500,000
26 Jun 2006Al Thanyah Third—LandExisting PropertiesNot specified77,315 sqftAED 600/sqftAED 46,388,940
20 Jun 2006Al Nahda Second—BuildingExisting PropertiesNot specified20,000 sqftAED 2,175/sqftAED 43,500,000
5 Jun 2006Naif—BuildingExisting PropertiesNot specified13,437 sqftAED 2,902/sqftAED 39,000,000
7 Jun 2006Al Garhoud—BuildingExisting PropertiesNot specified52,416 sqftAED 668/sqftAED 35,000,000
19 Jun 2006Al Thanyah Third—LandExisting PropertiesNot specified40,315 sqftAED 828/sqftAED 33,380,959
19 Jun 2006Al Thanyah Third—LandExisting PropertiesNot specified40,315 sqftAED 700/sqftAED 28,220,500
19 Jun 2006Al Nahda First—BuildingExisting PropertiesNot specified30,861 sqftAED 850/sqftAED 26,231,850
5 Jun 2006Al Barsha First—BuildingExisting PropertiesNot specified23,340 sqftAED 950/sqftAED 22,173,000

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.