← All reports

Monthly report

Dubai property market — August 2007

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

Sales836Registered in August 2007up480.6% vs a year earlier
Total valueAED 4.26BRegistered in August 2007Across 44 communities
Price per sqftAED 396/sqftMedian across August 2007up76.2% vs a year earlier
Sale priceAED 1.30MMedian across August 20070% sold off-plan

In a sentence

The Land Department registered 836 property sales in August 2007, worth AED 4.26B in total, across 44 communities. That is 481% more than the same month a year earlier.

The median sale was AED 1,300,000 at AED 396/sqft, 76.2% above the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 255 registered sales, while Al Jadaf took the most money at AED 2.00B.

Against the previous month, Wadi Al Safa 6 rose 13% to 114 sales, while Al Thanayah Fourth fell 34% to 255.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth255-34.3%AED 363.09MAED 1.04MAED 268/sqft0%
Al Jadaf136+3300.0%AED 2.00BAED 13.51MAED 1,094/sqft0%
Wadi Al Safa 6114+12.9%AED 146.12MAED 1.07MAED 266/sqft0%
Marsa Dubai106+116.3%AED 249.59MAED 699KAED 538/sqft0%
Al Thanyah Third93+93.8%AED 426.87MAED 591KAED 500/sqft0%
Palm Jumeirah29-3.3%AED 132.62MAED 4.65MAED 387/sqft0%
Al Thanyah Fifth18-58.1%AED 60.35MAED 2.10MAED 197/sqft0%
Mirdif17+6.3%AED 57.01MAED 3.15MAED 310/sqft0%
Al Warsan First8-73.3%AED 127.84MAED 16.56MAED 1,066/sqft0%
Jumeirah Third6+500.0%AED 57.96MAED 8.75MAED 549/sqft0%
Muhaisanah Third4+300.0%AED 13.56MAED 2.77MAED 185/sqft0%
Al Mararr30.0%AED 24.94MAED 10.09MAED 2,900/sqft0%
Al Mizhar Second3—AED 7.73MAED 3.00MAED 150/sqft0%
Nad Al Hamar3-25.0%AED 7.99MAED 2.67MAED 170/sqft0%
Al Barsha Second2+100.0%AED 9.60MAED 4.80MAED 426/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
Al JadafAED 2.00B136
Al Thanyah ThirdAED 426.87M93
Al Thanayah FourthAED 363.09M255
Marsa DubaiAED 249.59M106
AL QUSAISAED 150.00M2
Wadi Al Safa 6AED 146.12M114
Palm JumeirahAED 132.62M29
Al Warsan FirstAED 127.84M8
Burj KhalifaAED 87.61M2
MankhoolAED 68.20M1

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 Fourth255-34.3%
Wadi Al Safa 6114+12.9%

The largest sales of August 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
22 Aug 2007Al Thanyah Third—LandExisting PropertiesNot specified34,576 sqftAED 6,363/sqftAED 220,000,000
27 Aug 2007Al Thanyah Third—LandExisting PropertiesNot specified29,338 sqftAED 3,749/sqftAED 110,000,000
9 Aug 2007Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified129,402 sqftAED 837/sqftAED 108,362,825
29 Aug 2007AL QUSAIS—BuildingExisting PropertiesNot specified24,298 sqftAED 3,498/sqftAED 85,000,000
13 Aug 2007Mankhool—BuildingExisting PropertiesNot specified33,611 sqftAED 2,029/sqftAED 68,200,000
9 Aug 2007Al JadafBoutique 23Jaddaf WaterfrontLandExisting PropertiesNot specified29,608 sqftAED 2,250/sqftAED 66,618,000
1 Aug 2007AL QUSAIS—BuildingExisting PropertiesNot specified14,570 sqftAED 4,461/sqftAED 65,000,000
20 Aug 2007Burj Khalifa—Business BayLandExisting PropertiesNot specified47,283 sqftAED 1,250/sqftAED 59,104,000
29 Aug 2007Al Nahda Second—BuildingExisting PropertiesNot specified15,000 sqftAED 2,533/sqftAED 38,000,000
30 Aug 2007Al Mamzer—LandExisting PropertiesNot specified20,000 sqftAED 1,600/sqftAED 32,000,000

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.