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Quarterly report

Dubai property market — Q4 2009

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q4 2009. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales10,149Registered in Q4 2009up44.9% vs a year earlier
Total valueAED 16.32BRegistered in Q4 2009Across 84 communities
Price per sqftAED 766/sqftMedian across Q4 2009up26.5% vs a year earlier
Sale priceAED 920KMedian across Q4 200936% sold off-plan

In a sentence

The Land Department registered 10,149 property sales in Q4 2009, worth AED 16.32B in total, across 84 communities. That is 45% more than the same quarter a year earlier.

The median sale was AED 920,000 at AED 766/sqft, 26.5% above the same quarter last year. 36% of sales were off-plan.

Marsa Dubai was the busiest community with 1,705 registered sales, and also took the most money at AED 2.99B.

Against the previous quarter, Al Thanyah Third rose 13% to 439 sales, while Nadd Hessa fell 82% to 218.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q4 2009, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai1,705-24.7%AED 2.99BAED 1.26MAED 994/sqft51%
Al Thanyah Fifth1,141-29.8%AED 1.22BAED 831KAED 760/sqft27%
Al Warsan First922-11.4%AED 406.93MAED 345KAED 546/sqft3%
Wadi Al Safa 5882-31.6%AED 534.15MAED 598KAED 679/sqft100%
Jabal Ali First796-12.4%AED 466.53MAED 592KAED 746/sqft0%
Al Hebiah First547-36.1%AED 990.00MAED 1.33MAED 776/sqft16%
Business Bay516-56.0%AED 1.30BAED 1.96MAED 1,327/sqft78%
Burj Khalifa499-1.4%AED 1.17BAED 1.71MAED 1,373/sqft12%
Al Hebiah Fourth465-67.8%AED 744.97MAED 962KAED 877/sqft62%
Al Thanyah Third439+13.4%AED 654.58MAED 1.10MAED 910/sqft3%
Me'Aisem First396-45.9%AED 285.94MAED 580KAED 949/sqft52%
Palm Jumeirah353-37.6%AED 1.26BAED 1.79MAED 903/sqft33%
Al Thanayah Fourth316+12.5%AED 694.82MAED 1.55MAED 350/sqft0%
Nadd Hessa218-82.3%AED 156.90MAED 688KAED 822/sqft67%
Al Barsha South Fourth188-71.7%AED 264.99MAED 848KAED 863/sqft74%

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 2.99B1,705
Business BayAED 1.30B516
Palm JumeirahAED 1.26B353
Al Thanyah FifthAED 1.22B1,141
Burj KhalifaAED 1.17B499
Al Hebiah FirstAED 990.00M547
Al Hebiah FourthAED 744.97M465
Al Thanayah FourthAED 694.82M316
Al Thanyah ThirdAED 654.58M439
Wadi Al Safa 5AED 534.15M882

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Nadd Hessa218-82.3%
Al Barsha South Fourth188-71.7%
Al Hebiah Fourth465-67.8%
Al Barsha South Fifth114-58.7%
Business Bay516-56.0%
Me'Aisem First396-45.9%
Palm Jumeirah353-37.6%
Al Hebiah First547-36.1%
Wadi Al Safa 5882-31.6%
Al Thanyah First101-29.9%

The largest sales of Q4 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
22 Oct 2009Palm JumeirahCLUB VILLASPalm JumeirahVillaExisting PropertiesNot specified507,402 sqftAED 438/sqftAED 222,327,914
26 Oct 2009Marsa Dubai—Jumeriah Beach Residence - JBRBuildingExisting PropertiesNot specified461,830 sqftAED 322/sqftAED 148,500,000
5 Oct 2009Burj Khalifa—Business BayLandExisting PropertiesNot specified61,405 sqftAED 1,348/sqftAED 82,797,000
9 Dec 2009Al Barsha South Fourth—Jumeirah Village CircleLandExisting PropertiesNot specified60,021 sqftAED 867/sqftAED 52,032,300
21 Dec 2009Dubai Investment Park SecondDUNES VILLAGEDubai Investment Park SecondBuildingExisting PropertiesNot specified462,914 sqftAED 112/sqftAED 51,846,480
23 Nov 2009Saih Shuaib 2—LandExisting PropertiesNot specified191,038 sqftAED 267/sqftAED 51,000,000
19 Oct 2009Jabal Ali—LandExisting PropertiesNot specified15,161 sqftAED 3,298/sqftAED 50,000,000
14 Dec 2009Al Nahda Second—BuildingExisting PropertiesNot specified19,946 sqftAED 2,344/sqftAED 46,750,000
8 Oct 2009Al Murqabat—BuildingExisting PropertiesNot specified11,638 sqftAED 3,867/sqftAED 45,000,000
29 Oct 2009Marsa DubaiPRINCESS TOWERDubai MarinaBuildingExisting PropertiesNot specified20,014 sqftAED 2,138/sqftAED 42,800,000

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.