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Monthly report

Dubai property market — April 2007

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

Sales388Registered in April 2007up88.3% vs a year earlier
Total valueAED 2.99BRegistered in April 2007Across 61 communities
Price per sqftAED 380/sqftMedian across April 2007down6.1% vs a year earlier
Sale priceAED 2.91MMedian across April 20070% sold off-plan

In a sentence

The Land Department registered 388 property sales in April 2007, worth AED 2.99B in total, across 61 communities. That is 88% more than the same month a year earlier.

The median sale was AED 2,912,500 at AED 380/sqft, 6.1% below the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 63 registered sales, while Nad Al Shiba took the most money at AED 321.71M.

Against the previous month, Al Thanayah Fourth fell 38% to 63.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth63-37.6%AED 172.89MAED 2.05MAED 265/sqft0%
Palm Jumeirah45+246.2%AED 180.65MAED 2.60MAED 388/sqft0%
Wadi Al Safa 642-20.8%AED 91.29MAED 2.08MAED 235/sqft0%
Al Thanyah Fifth25-62.7%AED 85.83MAED 2.40MAED 237/sqft0%
Al Warqa First17—AED 102.22MAED 5.88MAED 394/sqft0%
Mirdif17+6.3%AED 69.76MAED 4.05MAED 282/sqft0%
Al Satwa13+18.2%AED 42.17MAED 2.80MAED 1,149/sqft0%
Hor Al Anz120.0%AED 36.00MAED 2.38MAED 1,049/sqft0%
Nad Al Shiba9-50.0%AED 321.71MAED 8.21MAED 160/sqft0%
Al Thanyah Third8-38.5%AED 118.64MAED 6.75MAED 532/sqft0%
Al Bada7+250.0%AED 16.80MAED 2.50MAED 769/sqft0%
Al Raffa6+100.0%AED 173.75MAED 21.86MAED 1,152/sqft0%
Al Warsan First6-57.1%AED 102.44MAED 18.29MAED 1,427/sqft0%
Muhaisanah Third6+100.0%AED 14.30MAED 1.77MAED 130/sqft0%
Um Suqaim Second6+20.0%AED 25.53MAED 4.30MAED 594/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
Nad Al ShibaAED 321.71M9
MankhoolAED 229.02M2
Jabal Ali Industrial FirstAED 201.00M3
Palm JumeirahAED 180.65M45
Al RaffaAED 173.75M6
Al Thanayah FourthAED 172.89M63
Um Hurair SecondAED 140.00M1
Al Barsha FirstAED 132.87M5
Al Nahda SecondAED 119.43M5
Al Thanyah ThirdAED 118.64M8

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 Fourth63-37.6%

The largest sales of April 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
17 Apr 2007Nad Al Shiba—LandExisting PropertiesNot specified7,479,684 sqftAED 35/sqftAED 261,796,500
30 Apr 2007Mankhool—LandExisting PropertiesNot specified102,510 sqftAED 2,000/sqftAED 205,020,000
18 Apr 2007Um Hurair Second—Dubai Health Care City Phase 1LandExisting PropertiesNot specified37,422 sqftAED 3,741/sqftAED 140,000,000
9 Apr 2007Jabal Ali Industrial First—BuildingExisting PropertiesNot specified402,199 sqftAED 298/sqftAED 120,000,000
2 Apr 2007Al Raffa—BuildingExisting PropertiesNot specified92,145 sqftAED 1,000/sqftAED 92,145,000
11 Apr 2007Jabal Ali Industrial First—BuildingExisting PropertiesNot specified200,000 sqftAED 325/sqftAED 65,000,000
30 Apr 2007Al Barsha First—BuildingExisting PropertiesNot specified39,300 sqftAED 1,600/sqftAED 62,880,000
9 Apr 2007Um Hurair First—BuildingExisting PropertiesNot specified24,240 sqftAED 2,000/sqftAED 48,480,000
2 Apr 2007Al Nahda Second—BuildingExisting PropertiesNot specified15,010 sqftAED 2,845/sqftAED 42,710,000
30 Apr 2007Al Thanyah Third—LandExisting PropertiesNot specified68,537 sqftAED 540/sqftAED 37,010,000

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.