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Monthly report

Dubai property market — November 2009

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

Sales3,166Registered in November 2009up2.7% vs a year earlier
Total valueAED 4.83BRegistered in November 2009Across 56 communities
Price per sqftAED 750/sqftMedian across November 2009up28.8% vs a year earlier
Sale priceAED 940KMedian across November 200926% sold off-plan

In a sentence

The Land Department registered 3,166 property sales in November 2009, worth AED 4.83B in total, across 56 communities. That is 3% more than the same month a year earlier.

The median sale was AED 939,944 at AED 750/sqft, 28.8% above the same month last year. 26% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 436 registered sales, while Marsa Dubai took the most money at AED 750.85M.

Against the previous month, Al Thanayah Fourth rose 73% to 156 sales, while Al Hebiah Fourth fell 59% to 120.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth436+12.7%AED 446.39MAED 817KAED 784/sqft43%
Jabal Ali First410+46.4%AED 252.63MAED 655KAED 750/sqft0%
Marsa Dubai393-20.6%AED 750.85MAED 1.23MAED 968/sqft30%
Al Warsan First390+16.1%AED 159.18MAED 352KAED 556/sqft5%
Al Hebiah First232+20.8%AED 370.16MAED 1.11MAED 741/sqft34%
Business Bay205+64.0%AED 501.20MAED 1.58MAED 1,240/sqft98%
Al Thanayah Fourth156+73.3%AED 297.54MAED 1.40MAED 274/sqft0%
Burj Khalifa156-0.6%AED 308.85MAED 1.65MAED 1,310/sqft6%
Al Thanyah Third155+10.7%AED 230.64MAED 1.13MAED 940/sqft3%
Me'Aisem First126+27.3%AED 85.22MAED 558KAED 1,000/sqft32%
Al Hebiah Fourth120-59.3%AED 207.58MAED 910KAED 838/sqft58%
Palm Jumeirah90-1.1%AED 217.79MAED 1.73MAED 1,010/sqft56%
Wadi Al Safa 667+34.0%AED 177.96MAED 2.70MAED 406/sqft0%
Al Barsha South Fifth37+19.4%AED 68.15MAED 1.49MAED 234/sqft0%
Nadd Hessa29-46.3%AED 20.23MAED 718KAED 705/sqft45%

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 750.85M393
Business BayAED 501.20M205
Al Thanyah FifthAED 446.39M436
Al Hebiah FirstAED 370.16M232
Burj KhalifaAED 308.85M156
Al Thanayah FourthAED 297.54M156
Jabal Ali FirstAED 252.63M410
Al Thanyah ThirdAED 230.64M155
Palm JumeirahAED 217.79M90
Al Hebiah FourthAED 207.58M120

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 Fourth156+73.3%
Business Bay205+64.0%
Al Hebiah Fourth120-59.3%
Jabal Ali First410+46.4%
Wadi Al Safa 667+34.0%
Me'Aisem First126+27.3%
Al Hebiah First232+20.8%
Marsa Dubai393-20.6%
Al Warsan First390+16.1%
Al Thanyah Fifth436+12.7%

The largest sales of November 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
23 Nov 2009Saih Shuaib 2—LandExisting PropertiesNot specified191,038 sqftAED 267/sqftAED 51,000,000
10 Nov 2009Al Safouh Second—Site ALandExisting PropertiesNot specified19,058 sqftAED 1,862/sqftAED 35,494,423
11 Nov 2009World Islands—The WorldLandExisting PropertiesNot specified512,846 sqftAED 68/sqftAED 34,875,360
10 Nov 2009Al Safouh Second—Site ABuildingExisting PropertiesNot specified21,540 sqftAED 1,613/sqftAED 34,751,492
18 Nov 2009Marsa DubaiPARK ISLANDSDubai MarinaFlatOff-Plan Properties3 B/R3,274 sqftAED 10,400/sqftAED 34,048,888
10 Nov 2009Al Safouh Second—Site ALandExisting PropertiesNot specified15,383 sqftAED 1,934/sqftAED 29,754,085
17 Nov 2009Business Bay014 TOWERBusiness BayOfficeOff-Plan PropertiesOffice20,355 sqftAED 1,316/sqftAED 26,780,410
17 Nov 2009Business Bay014 TOWERBusiness BayOfficeOff-Plan PropertiesOffice17,689 sqftAED 1,316/sqftAED 23,272,589
9 Nov 2009Business BayONE BUSINESS BAYBusiness BayOfficeOff-Plan PropertiesNot specified9,924 sqftAED 2,038/sqftAED 20,226,755
23 Nov 2009Wadi Al Safa 3—Al BarariVillaExisting PropertiesNot specified16,354 sqftAED 1,223/sqftAED 20,000,000

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.