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Monthly report

Dubai property market — January 2007

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2007. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales320Registered in January 2007up102.5% vs a year earlier
Total valueAED 1.55BRegistered in January 2007Across 57 communities
Price per sqftAED 266/sqftMedian across January 2007up0.2% vs a year earlier
Sale priceAED 2.19MMedian across January 20070% sold off-plan

In a sentence

The Land Department registered 320 property sales in January 2007, worth AED 1.55B in total, across 57 communities. That is 103% more than the same month a year earlier.

The median sale was AED 2,185,944 at AED 266/sqft, 0.2% above the same month last year. 0% of sales were off-plan.

Wadi Al Safa 6 was the busiest community with 88 registered sales, and also took the most money at AED 166.46M.

Against the previous month, Al Thanayah Fourth fell 53% to 62.

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 January 2007, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Wadi Al Safa 688+780.0%AED 166.46MAED 1.79MAED 206/sqft0%
Al Thanayah Fourth62-52.7%AED 153.21MAED 1.75MAED 232/sqft0%
Mirdif16+33.3%AED 54.68MAED 2.27MAED 266/sqft0%
Al Thanyah Fifth15-50.0%AED 53.49MAED 2.30MAED 227/sqft0%
Al Thanyah Third15-37.5%AED 124.57MAED 3.98MAED 348/sqft0%
Al Satwa90.0%AED 21.93MAED 2.33MAED 760/sqft0%
Al Suq Al Kabeer7+75.0%AED 71.81MAED 5.50MAED 2,568/sqft0%
Nad Al Shiba7+75.0%AED 63.91MAED 4.96MAED 160/sqft0%
Al Warqa First6-50.0%AED 38.20MAED 6.35MAED 422/sqft0%
Hor Al Anz6-66.7%AED 52.00MAED 2.17MAED 859/sqft0%
Al Barsha Second5+150.0%AED 19.48MAED 3.00MAED 200/sqft0%
Al Rashidiya50.0%AED 11.22MAED 1.60MAED 287/sqft0%
Marsa Dubai40.0%AED 92.00MAED 15.00MAED 435/sqft0%
Abu Hail3-62.5%AED 3.81MAED 1.30MAED 688/sqft0%
Al Baraha3+200.0%AED 28.88MAED 9.35MAED 3,144/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
Wadi Al Safa 6AED 166.46M88
Al Thanayah FourthAED 153.21M62
Al Thanyah ThirdAED 124.57M15
Jabal Ali Industrial FirstAED 119.00M3
Marsa DubaiAED 92.00M4
Al Suq Al KabeerAED 71.81M7
Nad Al ShibaAED 63.91M7
MankhoolAED 58.00M1
MirdifAED 54.68M16
Al Thanyah FifthAED 53.49M15

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 Fourth62-52.7%

The largest sales of January 2007

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
25 Jan 2007Jabal Ali Industrial FirstBuildingExisting PropertiesNot specified402,199 sqftAED 236/sqftAED 95,000,000
25 Jan 2007MankhoolBuildingExisting PropertiesNot specified23,376 sqftAED 2,481/sqftAED 58,000,000
29 Jan 2007Marsa DubaiDubai MarinaBuildingExisting PropertiesNot specified36,945 sqftAED 1,353/sqftAED 50,000,000
22 Jan 2007Hor Al AnzBuildingExisting PropertiesNot specified50,538 sqftAED 795/sqftAED 40,153,600
15 Jan 2007Um Hurair FirstBuildingExisting PropertiesNot specified24,240 sqftAED 1,500/sqftAED 36,360,000
29 Jan 2007Nad Al ShibaSILICON GATE 1Silicon OasisLandExisting PropertiesNot specified106,297 sqftAED 320/sqftAED 34,013,600
29 Jan 2007Al Goze Industrial SecondLandExisting PropertiesNot specified105,073 sqftAED 300/sqftAED 31,521,900
15 Jan 2007Al Thanyah ThirdLandExisting PropertiesNot specified23,842 sqftAED 1,145/sqftAED 27,300,000
22 Jan 2007Al Suq Al KabeerBuildingExisting PropertiesNot specified9,736 sqftAED 2,568/sqftAED 25,000,000
30 Jan 2007Jabal AliLandExisting PropertiesNot specified29,063 sqftAED 850/sqftAED 24,703,176

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.