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Monthly report

Dubai property market — June 2007

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

Sales800Registered in June 2007up247.8% vs a year earlier
Total valueAED 4.00BRegistered in June 2007Across 64 communities
Price per sqftAED 272/sqftMedian across June 2007up7.6% vs a year earlier
Sale priceAED 1.05MMedian across June 20070% sold off-plan

In a sentence

The Land Department registered 800 property sales in June 2007, worth AED 4.00B in total, across 64 communities. That is 248% more than the same month a year earlier.

The median sale was AED 1,050,000 at AED 272/sqft, 7.6% above the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 472 registered sales, while Marsa Dubai took the most money at AED 959.23M.

Against the previous month, Al Thanayah Fourth rose 462% to 472 sales.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth472+461.9%AED 490.56MAED 753KAED 242/sqft0%
Marsa Dubai47+327.3%AED 959.23MAED 1.05MAED 814/sqft0%
Palm Jumeirah28-15.2%AED 135.61MAED 3.00MAED 388/sqft0%
Al Thanyah Third25+4.2%AED 138.22MAED 909KAED 434/sqft0%
Nad Al Shiba19+35.7%AED 190.56MAED 7.29MAED 230/sqft0%
Wadi Al Safa 617-70.7%AED 42.74MAED 2.10MAED 311/sqft0%
Al Thanyah Fifth15-71.2%AED 54.90MAED 2.40MAED 217/sqft0%
Mirdif15-37.5%AED 72.26MAED 3.38MAED 310/sqft0%
Al Barsha First13+85.7%AED 382.50MAED 23.29MAED 1,350/sqft0%
Al Warsan First11-15.4%AED 166.03MAED 15.54MAED 1,089/sqft0%
Al Satwa8+60.0%AED 20.67MAED 2.55MAED 1,083/sqft0%
Al Barsha Third7+75.0%AED 27.01MAED 3.45MAED 230/sqft0%
Al Muteena7+250.0%AED 17.70MAED 2.60MAED 689/sqft0%
Hor Al Anz7-53.3%AED 26.92MAED 2.50MAED 1,080/sqft0%
Al Rashidiya6+100.0%AED 9.60MAED 1.60MAED 410/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 959.23M47
Al Thanayah FourthAED 490.56M472
Al Barsha FirstAED 382.50M13
Nad Al ShibaAED 190.56M19
Burj KhalifaAED 176.33M3
Al Warsan FirstAED 166.03M11
Al MurqabatAED 138.50M4
Al Thanyah ThirdAED 138.22M25
Palm JumeirahAED 135.61M28
Nad Al HamarAED 124.94M4

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 Fourth472+461.9%

The largest sales of June 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
12 Jun 2007Marsa DubaiLandExisting PropertiesNot specified52,909 sqftAED 5,670/sqftAED 300,000,000
12 Jun 2007Marsa DubaiJUMEIRAH LIVING MARINA GATEDubai MarinaBuildingExisting PropertiesNot specified61,760 sqftAED 4,858/sqftAED 300,000,000
12 Jun 2007Marsa DubaiLandExisting PropertiesNot specified60,192 sqftAED 4,984/sqftAED 300,000,000
7 Jun 2007Nad Al HamarLandExisting PropertiesNot specified261,811 sqftAED 450/sqftAED 117,814,950
12 Jun 2007Al Goze Industrial FirstLandExisting PropertiesNot specified250,000 sqftAED 301/sqftAED 75,346,500
4 Jun 2007Al MurqabatBuildingExisting PropertiesNot specified14,737 sqftAED 5,089/sqftAED 75,000,000
20 Jun 2007Burj KhalifaBusiness BayLandExisting PropertiesNot specified82,288 sqftAED 900/sqftAED 74,060,000
20 Jun 2007Um Hurair SecondBuildingExisting PropertiesNot specified48,800 sqftAED 1,500/sqftAED 73,200,000
18 Jun 2007Al RaffaBuildingExisting PropertiesNot specified50,009 sqftAED 1,350/sqftAED 67,512,150
18 Jun 2007Al Barsha FirstBuildingExisting PropertiesNot specified39,300 sqftAED 1,600/sqftAED 62,880,000

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.