← All reports

Monthly report

Dubai property market — August 2006

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

Sales144Registered in August 2006up19% vs a year earlier
Total valueAED 959.48MRegistered in August 2006Across 37 communities
Price per sqftAED 225/sqftMedian across August 2006down0.1% vs a year earlier
Sale priceAED 2.10MMedian across August 20061% sold off-plan

In a sentence

The Land Department registered 144 property sales in August 2006, worth AED 959.48M in total, across 37 communities. That is 19% more than the same month a year earlier.

The median sale was AED 2,100,000 at AED 225/sqft, 0.1% below the same month last year. 1% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 52 registered sales, while Al Thanyah Third took the most money at AED 470.22M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth52+10.6%AED 112.30MAED 2.10MAED 197/sqft0%
Mirdif11-52.2%AED 39.28MAED 2.65MAED 265/sqft0%
Hor Al Anz8+60.0%AED 11.20MAED 1.35MAED 623/sqft0%
Al Barsha Second7+133.3%AED 26.80MAED 3.48MAED 220/sqft0%
Al Bada5+400.0%AED 9.80MAED 1.40MAED 566/sqft0%
Al Rashidiya5+400.0%AED 6.43MAED 1.59MAED 290/sqft0%
Al Satwa5+25.0%AED 9.30MAED 1.70MAED 715/sqft0%
Abu Hail4+100.0%AED 5.28MAED 1.29MAED 524/sqft0%
Al Dhagaya3+200.0%AED 7.18MAED 1.61MAED 8,051/sqft0%
Al Thanyah Third30.0%AED 470.22MAED 210.00MAED 3,536/sqft0%
Marsa Dubai3+200.0%AED 87.17MAED 20.03MAED 882/sqft33%
Nad Al Shiba3+50.0%AED 18.26MAED 5.92MAED 134/sqft0%
Al Goze First2+100.0%AED 1.34MAED 669KAED 165/sqft0%
Al Mizhar First2—AED 6.04MAED 3.02MAED 263/sqft0%
Al Mizhar Second2+100.0%AED 4.40MAED 2.20MAED 110/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 Thanyah ThirdAED 470.22M3
Al Thanyah FifthAED 112.30M52
Marsa DubaiAED 87.17M3
MirdifAED 39.28M11
Al Nahda SecondAED 32.00M1
Al Barsha SecondAED 26.80M7
Nad Al ShibaAED 18.26M3
Al MurqabatAED 16.05M2
Al Barsha FirstAED 15.60M1
Muhaisanah FourthAED 14.50M1

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 August 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
30 Aug 2006Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified55,293 sqftAED 4,304/sqftAED 238,000,000
30 Aug 2006Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified59,387 sqftAED 3,536/sqftAED 210,000,000
28 Aug 2006Marsa DubaiTORCH TOWERDubai MarinaBuildingExisting PropertiesNot specified37,869 sqftAED 1,716/sqftAED 65,000,000
9 Aug 2006Al Nahda Second—BuildingExisting PropertiesNot specified25,574 sqftAED 1,251/sqftAED 32,000,000
21 Aug 2006Al Thanyah Third—LandExisting PropertiesNot specified46,287 sqftAED 480/sqftAED 22,218,000
30 Aug 2006Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified43,443 sqftAED 461/sqftAED 20,026,152
28 Aug 2006Al Murqabat—BuildingExisting PropertiesNot specified9,728 sqftAED 1,645/sqftAED 16,000,000
14 Aug 2006Al Barsha First—LandExisting PropertiesNot specified12,002 sqftAED 1,300/sqftAED 15,602,600
28 Aug 2006Muhaisanah Fourth—BuildingExisting PropertiesNot specified25,390 sqftAED 571/sqftAED 14,500,000
30 Aug 2006Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified16,067 sqftAED 734/sqftAED 11,800,000

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.