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Monthly report

Dubai property market — October 2006

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

Sales235Registered in October 2006up46.9% vs a year earlier
Total valueAED 1.05BRegistered in October 2006Across 47 communities
Price per sqftAED 250/sqftMedian across October 2006down20.9% vs a year earlier
Sale priceAED 2.00MMedian across October 20060% sold off-plan

In a sentence

The Land Department registered 235 property sales in October 2006, worth AED 1.05B in total, across 47 communities. That is 47% more than the same month a year earlier.

The median sale was AED 2,000,000 at AED 250/sqft, 20.9% below the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 108 registered sales, and also took the most money at AED 187.37M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth108+881.8%AED 187.37MAED 1.50MAED 234/sqft0%
Al Thanyah Fifth25-65.8%AED 67.50MAED 2.10MAED 197/sqft0%
Hor Al Anz11+57.1%AED 24.23MAED 1.78MAED 839/sqft0%
Mirdif10-52.4%AED 38.97MAED 2.55MAED 306/sqft0%
Al Rashidiya7+40.0%AED 11.77MAED 1.67MAED 289/sqft0%
Al Barsha Third4-50.0%AED 16.10MAED 3.30MAED 220/sqft0%
Al Satwa4-33.3%AED 9.25MAED 1.98MAED 690/sqft0%
Jumeirah First4+300.0%AED 15.60MAED 4.70MAED 516/sqft0%
Al Bada3+50.0%AED 6.30MAED 2.20MAED 758/sqft0%
Al Barsha First3+200.0%AED 71.69MAED 21.78MAED 1,280/sqft0%
Al Mizhar First3+200.0%AED 9.64MAED 2.35MAED 235/sqft0%
Al Mizhar Second3—AED 10.37MAED 2.87MAED 145/sqft0%
Al Waheda3+50.0%AED 2.77MAED 286KAED 280/sqft0%
Um Suqaim First30.0%AED 22.05MAED 5.70MAED 429/sqft0%
Al Barsha Second20.0%AED 9.80MAED 4.90MAED 327/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 Thanayah FourthAED 187.37M108
Marsa DubaiAED 101.23M2
Oud MethaAED 77.97M2
Al Barsha FirstAED 71.69M3
Al Thanyah FifthAED 67.50M25
Al Nahda SecondAED 65.80M2
NaifAED 59.10M2
Al MuteenaAED 40.80M2
MirdifAED 38.97M10
Al Thanyah ThirdAED 26.84M2

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 October 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
2 Oct 2006Marsa DubaiSTELLA MARISDubai MarinaBuildingExisting PropertiesNot specified35,718 sqftAED 2,000/sqftAED 71,436,000
3 Oct 2006Al Nahda Second—BuildingExisting PropertiesNot specified22,050 sqftAED 2,494/sqftAED 55,000,000
12 Oct 2006Naif—BuildingExisting PropertiesNot specified7,734 sqftAED 6,982/sqftAED 54,000,000
30 Oct 2006Oud Metha—LandExisting PropertiesNot specified18,351 sqftAED 2,750/sqftAED 50,465,250
16 Oct 2006Al Muteena—BuildingExisting PropertiesNot specified21,248 sqftAED 1,788/sqftAED 38,000,000
4 Oct 2006Al Barsha First—LandExisting PropertiesNot specified26,676 sqftAED 1,325/sqftAED 35,345,700
9 Oct 2006Marsa DubaiBAYSIDE RESIDENCEDubai MarinaBuildingExisting PropertiesNot specified46,580 sqftAED 640/sqftAED 29,797,820
4 Oct 2006Oud Metha—BuildingExisting PropertiesNot specified10,000 sqftAED 2,750/sqftAED 27,500,000
3 Oct 2006Al Nahda First—BuildingExisting PropertiesNot specified31,558 sqftAED 750/sqftAED 23,669,000
10 Oct 2006Al Barsha First—BuildingExisting PropertiesNot specified19,803 sqftAED 1,100/sqftAED 21,783,509

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.