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Monthly report

Dubai property market — February 2007

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

Sales261Registered in February 2007up62.1% vs a year earlier
Total valueAED 2.03BRegistered in February 2007Across 64 communities
Price per sqftAED 335/sqftMedian across February 2007up6.5% vs a year earlier
Sale priceAED 2.83MMedian across February 20070% sold off-plan

In a sentence

The Land Department registered 261 property sales in February 2007, worth AED 2.03B in total, across 64 communities. That is 62% more than the same month a year earlier.

The median sale was AED 2,828,000 at AED 335/sqft, 6.5% above the same month last year. 0% of sales were off-plan.

Wadi Al Safa 6 was the busiest community with 36 registered sales, while Marsa Dubai took the most money at AED 283.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Wadi Al Safa 636-59.1%AED 74.88MAED 2.07MAED 290/sqft0%
Al Thanayah Fourth27-56.5%AED 73.68MAED 1.95MAED 238/sqft0%
Al Thanyah Fifth26+73.3%AED 96.20MAED 2.70MAED 225/sqft0%
Mirdif20+25.0%AED 121.73MAED 2.90MAED 327/sqft0%
Palm Jumeirah12—AED 56.20MAED 4.65MAED 347/sqft0%
Al Barsha First7+133.3%AED 136.18MAED 16.20MAED 1,230/sqft0%
Nad Al Shiba70.0%AED 81.86MAED 7.96MAED 194/sqft0%
Al Satwa6-33.3%AED 12.68MAED 2.10MAED 840/sqft0%
Al Warqa Third6+200.0%AED 11.68MAED 1.43MAED 119/sqft0%
Al Mizhar First5+400.0%AED 20.64MAED 2.40MAED 180/sqft0%
Al Rashidiya50.0%AED 5.76MAED 1.45MAED 205/sqft0%
Al Thanyah Third5-66.7%AED 93.85MAED 8.00MAED 510/sqft0%
Hor Al Anz5-16.7%AED 13.60MAED 2.10MAED 926/sqft0%
Al Bada4—AED 9.75MAED 2.17MAED 849/sqft0%
Al Barsha Second4-20.0%AED 13.96MAED 2.88MAED 192/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
Marsa DubaiAED 283.00M2
Al Barsha FirstAED 136.18M7
MirdifAED 121.73M20
Al Thanyah FifthAED 96.20M26
Al Thanyah ThirdAED 93.85M5
Nad Al ShibaAED 81.86M7
Wadi Al Safa 6AED 74.88M36
Al Thanayah FourthAED 73.68M27
Al HamriyaAED 65.00M1
Palm JumeirahAED 56.20M12

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 February 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
26 Feb 2007Marsa DubaiSix Senses Residences Dubai MarinaDubai MarinaBuildingExisting PropertiesNot specified37,677 sqftAED 6,582/sqftAED 248,000,000
12 Feb 2007Al Hamriya—BuildingExisting PropertiesNot specified42,048 sqftAED 1,546/sqftAED 65,000,000
14 Feb 2007Al Goze Industrial Fourth—BuildingExisting PropertiesNot specified144,549 sqftAED 330/sqftAED 47,701,252
28 Feb 2007AL QUSAIS—BuildingExisting PropertiesNot specified16,324 sqftAED 2,879/sqftAED 47,000,000
21 Feb 2007Al Thanyah Third—LandExisting PropertiesNot specified47,137 sqftAED 976/sqftAED 46,000,000
19 Feb 2007Al Garhoud—BuildingExisting PropertiesNot specified52,416 sqftAED 840/sqftAED 44,029,440
19 Feb 2007Um Hurair First—BuildingExisting PropertiesNot specified24,240 sqftAED 1,800/sqftAED 43,632,000
28 Feb 2007Al Barsha First—BuildingExisting PropertiesNot specified12,068 sqftAED 3,315/sqftAED 40,000,000
15 Feb 2007Al Khawaneej First—BuildingExisting PropertiesNot specified218,174 sqftAED 180/sqftAED 39,271,320
15 Feb 2007Wadi Al Amardi—BuildingExisting PropertiesNot specified639,999 sqftAED 56/sqftAED 35,840,000

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.