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Monthly report

Dubai property market — November 2006

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

Sales301Registered in November 2006up116.5% vs a year earlier
Total valueAED 2.30BRegistered in November 2006Across 56 communities
Price per sqftAED 330/sqftMedian across November 2006up13.1% vs a year earlier
Sale priceAED 2.20MMedian across November 20060% sold off-plan

In a sentence

The Land Department registered 301 property sales in November 2006, worth AED 2.30B in total, across 56 communities. That is 117% more than the same month a year earlier.

The median sale was AED 2,200,000 at AED 330/sqft, 13.1% above the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 102 registered sales, while Palm Jumeirah took the most money at AED 436.11M.

Against the previous month, Al Thanayah Fourth fell 6% to 102.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth102-5.6%AED 207.88MAED 1.55MAED 237/sqft0%
Al Thanyah Fifth33+32.0%AED 108.57MAED 2.40MAED 227/sqft0%
Hor Al Anz26+136.4%AED 70.60MAED 1.95MAED 850/sqft0%
Mirdif13+30.0%AED 54.94MAED 2.90MAED 333/sqft0%
Al Satwa8+100.0%AED 18.54MAED 1.93MAED 770/sqft0%
Al Thanyah Third7+250.0%AED 120.78MAED 18.00MAED 500/sqft0%
Al Mizhar First5+66.7%AED 26.01MAED 3.50MAED 160/sqft0%
Al Muteena5+150.0%AED 16.85MAED 3.00MAED 530/sqft0%
Marsa Dubai5+150.0%AED 265.15MAED 54.86MAED 829/sqft0%
Nad Al Hamar5+150.0%AED 9.81MAED 2.17MAED 145/sqft0%
Al Barsha First4+33.3%AED 31.70MAED 7.23MAED 663/sqft0%
Al Nahda Second4+100.0%AED 77.44MAED 10.96MAED 739/sqft0%
Al Rashidiya4-42.9%AED 5.60MAED 1.30MAED 410/sqft0%
Al Suq Al Kabeer4+300.0%AED 15.13MAED 2.55MAED 3,284/sqft0%
Al Dhagaya3+200.0%AED 11.65MAED 3.50MAED 2,912/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
Palm JumeirahAED 436.11M1
Marsa DubaiAED 265.15M5
Rega Al ButeenAED 229.45M3
Al Thanayah FourthAED 207.88M102
Um Hurair SecondAED 139.25M2
Al Thanyah ThirdAED 120.78M7
Al Thanyah FifthAED 108.57M33
Al Nahda SecondAED 77.44M4
Hor Al AnzAED 70.60M26
MankhoolAED 67.00M2

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
Al Thanayah Fourth102-5.6%

The largest sales of November 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
22 Nov 2006Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified4,894,293 sqftAED 89/sqftAED 436,109,375
29 Nov 2006Um Hurair Second—Dubai Health Care City Phase 1LandExisting PropertiesNot specified35,817 sqftAED 3,630/sqftAED 130,000,000
15 Nov 2006Rega Al Buteen—BuildingExisting PropertiesNot specified15,000 sqftAED 6,333/sqftAED 95,000,000
16 Nov 2006Marsa DubaiTRIDENT GRANDDubai MarinaBuildingExisting PropertiesNot specified83,143 sqftAED 1,076/sqftAED 89,468,280
1 Nov 2006Rega Al Buteen—LandExisting PropertiesNot specified21,208 sqftAED 3,200/sqftAED 67,865,600
1 Nov 2006Rega Al Buteen—BuildingExisting PropertiesNot specified20,808 sqftAED 3,200/sqftAED 66,585,600
21 Nov 2006Marsa DubaiMARINASCAPEDubai MarinaBuildingExisting PropertiesNot specified101,721 sqftAED 636/sqftAED 64,688,087
16 Nov 2006Marsa DubaiESCAN MARINA TOWERDubai MarinaVillaExisting PropertiesNot specified35,445 sqftAED 1,548/sqftAED 54,859,650
30 Nov 2006Mankhool—BuildingExisting PropertiesNot specified12,639 sqftAED 3,956/sqftAED 50,000,000
27 Nov 2006Al Nahda Second—BuildingExisting PropertiesNot specified18,745 sqftAED 2,507/sqftAED 47,000,000

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.