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Monthly report

Dubai property market — June 2009

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

Sales8,970Registered in June 2009up329.2% vs a year earlier
Total valueAED 13.02BRegistered in June 2009Across 70 communities
Price per sqftAED 924/sqftMedian across June 2009up45.9% vs a year earlier
Sale priceAED 907KMedian across June 200962% sold off-plan

In a sentence

The Land Department registered 8,970 property sales in June 2009, worth AED 13.02B in total, across 70 communities. That is 329% more than the same month a year earlier.

The median sale was AED 906,614 at AED 924/sqft, 45.9% above the same month last year. 62% of sales were off-plan.

Business Bay was the busiest community with 1,638 registered sales, and also took the most money at AED 3.04B.

Against the previous month, Business Bay rose 418% to 1,638 sales, while Palm Jumeirah fell 81% to 218.

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 2009, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay1,638+418.4%AED 3.04BAED 1.26MAED 1,364/sqft100%
Al Barsha South Fourth1,236+41.3%AED 1.22BAED 719KAED 852/sqft99%
Jabal Ali First993+149.5%AED 615.87MAED 615KAED 741/sqft0%
Marsa Dubai781-7.7%AED 1.31BAED 1.40MAED 1,090/sqft58%
Al Thanyah Fifth768+72.6%AED 926.36MAED 949KAED 796/sqft72%
Al Warsan First708+3.5%AED 301.68MAED 358KAED 582/sqft21%
Al Hebiah Fourth310+17.9%AED 290.64MAED 765KAED 802/sqft95%
Al Hebiah Fifth296+93.5%AED 269.24MAED 875KAED 872/sqft100%
Al Thanyah Third277+166.3%AED 454.28MAED 1.11MAED 956/sqft7%
Me'Aisem First274-36.3%AED 153.12MAED 390KAED 1,016/sqft100%
Al Hebiah First259+1338.9%AED 335.69MAED 1.16MAED 819/sqft0%
Al Barshaa South Third238+1152.6%AED 177.39MAED 615KAED 1,345/sqft100%
Al Thanyah First224+522.2%AED 327.33MAED 1.13MAED 886/sqft74%
Palm Jumeirah218-80.9%AED 1.09BAED 2.62MAED 965/sqft37%
Burj Khalifa196+73.5%AED 620.54MAED 1.60MAED 1,389/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
Business BayAED 3.04B1,638
Marsa DubaiAED 1.31B781
Al Barsha South FourthAED 1.22B1,236
Palm JumeirahAED 1.09B218
Al Thanyah FifthAED 926.36M768
Burj KhalifaAED 620.54M196
Jabal Ali FirstAED 615.87M993
Al Thanyah ThirdAED 454.28M277
Al Thanayah FourthAED 343.20M133
Al Hebiah FirstAED 335.69M259

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
Business Bay1,638+418.4%
Al Thanyah Third277+166.3%
Jabal Ali First993+149.5%
Wadi Al Safa 6107+94.5%
Al Hebiah Fifth296+93.5%
Palm Jumeirah218-80.9%
Burj Khalifa196+73.5%
Al Thanyah Fifth768+72.6%
Al Barsha South Fourth1,236+41.3%
Me'Aisem First274-36.3%

The largest sales of June 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
16 Jun 2009Al Ruwayyah—Residential ComplexLandExisting PropertiesNot specified430,337 sqftAED 482/sqftAED 207,207,990
18 Jun 2009Burj KhalifaVICTORY BAY TOWERBusiness BayLandExisting PropertiesNot specified64,586 sqftAED 1,920/sqftAED 124,005,120
1 Jun 2009Business BayTHE OPUS BY OMNIYATBusiness BayShopOff-Plan PropertiesShop58,663 sqftAED 1,662/sqftAED 97,512,661
1 Jun 2009Business BayTHE OPUS BY OMNIYATBusiness BayShopOff-Plan PropertiesShop57,587 sqftAED 1,662/sqftAED 95,721,682
1 Jun 2009Business BayTHE OPUS BY OMNIYATBusiness BayShopOff-Plan PropertiesShop53,820 sqftAED 1,662/sqftAED 89,461,305
10 Jun 2009Burj KhalifaOPAL TOWERBusiness BayLandExisting PropertiesNot specified65,849 sqftAED 1,350/sqftAED 88,897,000
22 Jun 2009Al JadafBinghatti MoonlightJaddaf WaterfrontBuildingExisting PropertiesNot specified25,298 sqftAED 3,291/sqftAED 83,262,000
8 Jun 2009Marsa DubaiLIV RESIDENCEDubai MarinaBuildingExisting PropertiesNot specified28,150 sqftAED 2,141/sqftAED 60,278,500
1 Jun 2009Business BayTHE OPUS BY OMNIYATBusiness BayShopOff-Plan PropertiesShop35,521 sqftAED 1,662/sqftAED 59,043,280
23 Jun 2009Muhaisanah Fourth—BuildingExisting PropertiesNot specified20,800 sqftAED 2,452/sqftAED 51,000,000

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.