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Monthly report

Dubai property market — April 2009

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2009. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales8,517Registered in April 2009up301.2% vs a year earlier
Total valueAED 12.73BRegistered in April 2009Across 55 communities
Price per sqftAED 912/sqftMedian across April 2009up88.9% vs a year earlier
Sale priceAED 999KMedian across April 200963% sold off-plan

In a sentence

The Land Department registered 8,517 property sales in April 2009, worth AED 12.73B in total, across 55 communities. That is 301% more than the same month a year earlier.

The median sale was AED 999,000 at AED 912/sqft, 88.9% above the same month last year. 63% of sales were off-plan.

Marsa Dubai was the busiest community with 1,984 registered sales, and also took the most money at AED 2.71B.

Against the previous month, Wadi Al Safa 2 rose 395% to 282 sales, while Al Thanayah Fourth fell 47% 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 2009, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai1,984+265.4%AED 2.71BAED 1.13MAED 1,088/sqft76%
Al Thanyah Fifth1,160+100.3%AED 1.48BAED 1.17MAED 905/sqft89%
Palm Jumeirah881+51.9%AED 1.35BAED 1.15MAED 539/sqft0%
Al Warsan First807-27.9%AED 314.10MAED 350KAED 544/sqft0%
Al Hebiah Fifth775+301.6%AED 764.47MAED 918KAED 905/sqft100%
Business Bay684+1854.3%AED 1.23BAED 1.57MAED 2,846/sqft100%
Jabal Ali First343+363.5%AED 161.32MAED 431KAED 709/sqft8%
Me'Aisem First327+2872.7%AED 262.74MAED 586KAED 1,055/sqft100%
Wadi Al Safa 2282+394.7%AED 179.68MAED 577KAED 690/sqft100%
Al Barsha South Fourth272+2372.7%AED 220.53MAED 667KAED 820/sqft100%
Al Thanyah First234+431.8%AED 514.54MAED 1.70MAED 1,392/sqft93%
Al Hebiah First114AED 312.70MAED 782KAED 728/sqft0%
Al Jadaf113-38.6%AED 520.21MAED 2.53MAED 1,755/sqft95%
Al Thanyah Third83-19.4%AED 146.57MAED 1.05MAED 870/sqft0%
Burj Khalifa73-26.3%AED 700.17MAED 1.64MAED 1,076/sqft5%

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 2.71B1,984
Al Thanyah FifthAED 1.48B1,160
Palm JumeirahAED 1.35B881
Business BayAED 1.23B684
Jabal AliAED 993.22M59
Al Hebiah FifthAED 764.47M775
Burj KhalifaAED 700.17M73
Al JadafAED 520.21M113
Al Thanyah FirstAED 514.54M234
Al Warsan FirstAED 314.10M807

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
Wadi Al Safa 2282+394.7%
Jabal Ali First343+363.5%
Al Hebiah Fifth775+301.6%
Marsa Dubai1,984+265.4%
Al Thanyah Fifth1,160+100.3%
Palm Jumeirah881+51.9%
Al Thanayah Fourth63-47.1%
Al Jadaf113-38.6%
Al Warsan First807-27.9%
Burj Khalifa73-26.3%

The largest sales of April 2009

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
13 Apr 2009Burj KhalifaTHE OPUS BY OMNIYATBusiness BayLandExisting PropertiesNot specified151,303 sqftAED 1,350/sqftAED 204,260,000
16 Apr 2009Burj KhalifaBRISTOLBusiness BayLandExisting PropertiesNot specified117,111 sqftAED 1,500/sqftAED 175,667,000
28 Apr 2009Burj KhalifaCITADEL TOWERBusiness BayLandExisting PropertiesNot specified70,580 sqftAED 1,615/sqftAED 114,000,000
1 Apr 2009Burj KhalifaLANGHAM PLACE DOWNTOWN DUBAI BY OMNIYATBusiness BayLandExisting PropertiesNot specified97,177 sqftAED 900/sqftAED 87,460,000
14 Apr 2009Muhaisanah FourthBuildingExisting PropertiesNot specified20,175 sqftAED 3,222/sqftAED 65,000,000
6 Apr 2009Al Hebiah FirstAC3Motor CityBuildingExisting PropertiesNot specified145,669 sqftAED 367/sqftAED 53,529,175
27 Apr 2009Al Thanyah FirstBarsha HeightsBuildingExisting PropertiesNot specified40,315 sqftAED 1,327/sqftAED 53,500,000
30 Apr 2009Marsa DubaiDubai MarinaLandExisting PropertiesNot specified50,106 sqftAED 967/sqftAED 48,461,140
13 Apr 2009Al Hebiah FirstCapital OneMotor CityLandExisting PropertiesNot specified174,279 sqftAED 267/sqftAED 46,478,520
13 Apr 2009Al Hebiah FirstMotor CityBuildingExisting PropertiesNot specified178,650 sqftAED 251/sqftAED 44,763,120

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.