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Monthly report

Dubai property market — July 2009

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

Sales6,730Registered in July 2009up163.9% vs a year earlier
Total valueAED 9.92BRegistered in July 2009Across 57 communities
Price per sqftAED 894/sqftMedian across July 2009up53.9% vs a year earlier
Sale priceAED 825KMedian across July 200967% sold off-plan

In a sentence

The Land Department registered 6,730 property sales in July 2009, worth AED 9.92B in total, across 57 communities. That is 164% more than the same month a year earlier.

The median sale was AED 825,000 at AED 894/sqft, 53.9% above the same month last year. 67% of sales were off-plan.

Al Hebiah Fourth was the busiest community with 1,099 registered sales, while Marsa Dubai took the most money at AED 1.94B.

Against the previous month, Nadd Hessa rose 429% to 555 sales, while Al Thanyah First fell 78% to 50.

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 July 2009, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Hebiah Fourth1,099+254.5%AED 1.01BAED 640KAED 917/sqft98%
Marsa Dubai1,031+32.0%AED 1.94BAED 1.49MAED 1,090/sqft73%
Al Thanyah Fifth971+26.4%AED 961.75MAED 782KAED 904/sqft64%
Nadd Hessa555+428.6%AED 443.20MAED 620KAED 829/sqft93%
Al Warsan First406-42.7%AED 196.32MAED 350KAED 568/sqft23%
Business Bay402-75.5%AED 453.78MAED 1.03MAED 1,248/sqft100%
Wadi Al Safa 5357+981.8%AED 257.14MAED 726KAED 819/sqft100%
Al Barsha South Fourth329-73.4%AED 303.10MAED 743KAED 770/sqft99%
Jabal Ali First305-69.3%AED 214.94MAED 648KAED 835/sqft1%
Burj Khalifa165-15.8%AED 411.59MAED 1.77MAED 1,469/sqft11%
Al Hebiah First156-39.8%AED 188.15MAED 1.07MAED 757/sqft8%
Palm Jumeirah128-41.3%AED 311.69MAED 1.37MAED 598/sqft26%
Al Thanayah Fourth110-17.3%AED 263.62MAED 1.50MAED 422/sqft0%
Me'Aisem First109-60.2%AED 82.55MAED 576KAED 1,012/sqft56%
Al Hebiah Fifth103-65.2%AED 96.40MAED 908KAED 864/sqft100%

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 1.94B1,031
Wadi Al Safa 3AED 1.35B70
Al Hebiah FourthAED 1.01B1,099
Al Thanyah FifthAED 961.75M971
Business BayAED 453.78M402
Nadd HessaAED 443.20M555
Burj KhalifaAED 411.59M165
Palm JumeirahAED 311.69M128
Al Barsha South FourthAED 303.10M329
Al Thanayah FourthAED 263.62M110

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
Nadd Hessa555+428.6%
Al Hebiah Fourth1,099+254.5%
Al Thanyah First50-77.7%
Business Bay402-75.5%
Al Barsha South Fourth329-73.4%
Jabal Ali First305-69.3%
Al Thanyah Third90-67.5%
Al Barshaa South Third78-67.2%
Al Hebiah Fifth103-65.2%
Me'Aisem First109-60.2%

The largest sales of July 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
27 Jul 2009Wadi Al Safa 3—Living LegendsLandExisting PropertiesNot specified14,466,007 sqftAED 47/sqftAED 681,463,020
6 Jul 2009Al Thanyah ThirdTHE ONYXThe GreensHotelOff-Plan PropertiesNot specified224,000 sqftAED 625/sqftAED 140,000,000
27 Jul 2009Al Hebiah FourthGolf Vista HeightsDubai Sports CityBuildingExisting PropertiesNot specified55,601 sqftAED 1,269/sqftAED 70,584,007
6 Jul 2009Al Hebiah FourthTHE MATRIXDubai Sports CityBuildingExisting PropertiesNot specified39,940 sqftAED 1,491/sqftAED 59,556,800
8 Jul 2009Nad Al Shiba—MajanLandExisting PropertiesNot specified64,482 sqftAED 570/sqftAED 36,770,000
22 Jul 2009Jabal Ali—LandExisting PropertiesNot specified13,427 sqftAED 2,541/sqftAED 34,120,100
21 Jul 2009Al Warqa First—BuildingExisting PropertiesNot specified15,000 sqftAED 2,267/sqftAED 34,000,000
2 Jul 2009Al Barsha First—LandExisting PropertiesNot specified180,016 sqftAED 175/sqftAED 31,502,800
21 Jul 2009Al Suq Al Kabeer—LandExisting PropertiesNot specified14,663 sqftAED 2,000/sqftAED 29,326,000
30 Jul 2009Jabal Ali—LandExisting PropertiesNot specified14,894 sqftAED 1,934/sqftAED 28,807,000

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.