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Monthly report

Dubai property market — April 2010

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2010. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales2,908Registered in April 2010down65.9% vs a year earlier
Total valueAED 6.09BRegistered in April 2010Across 56 communities
Price per sqftAED 801/sqftMedian across April 2010down12.1% vs a year earlier
Sale priceAED 853KMedian across April 201026% sold off-plan

In a sentence

The Land Department registered 2,908 property sales in April 2010, worth AED 6.09B in total, across 56 communities. That is 66% fewer than the same month a year earlier.

The median sale was AED 852,572 at AED 801/sqft, 12.1% below the same month last year. 26% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 712 registered sales, while Marsa Dubai took the most money at AED 2.09B.

Against the previous month, Al Hebiah Fourth rose 82% to 374 sales, while Al Thanyah Third fell 88% to 78.

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 2010, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth712+19.9%AED 762.18MAED 798KAED 744/sqft19%
Marsa Dubai454-70.5%AED 2.09BAED 1.09MAED 992/sqft26%
Al Hebiah Fourth374+81.6%AED 354.10MAED 631KAED 803/sqft45%
Al Warsan First221-85.0%AED 80.92MAED 350KAED 524/sqft17%
Business Bay148-77.6%AED 250.66MAED 1.50MAED 1,046/sqft49%
Nadd Hessa140+191.7%AED 101.57MAED 453KAED 824/sqft49%
Burj Khalifa135-85.4%AED 310.76MAED 1.70MAED 1,397/sqft2%
Al Thanayah Fourth85-32.0%AED 223.39MAED 1.57MAED 441/sqft0%
Jabal Ali First84-70.2%AED 46.27MAED 480KAED 750/sqft7%
Al Thanyah Third78-88.1%AED 111.50MAED 1.11MAED 882/sqft4%
Al Barsha South Fifth62+17.0%AED 67.49MAED 1.04MAED 967/sqft52%
Me'Aisem First62-33.3%AED 110.36MAED 551KAED 995/sqft40%
Wadi Al Safa 655-39.6%AED 170.14MAED 2.79MAED 457/sqft0%
Palm Jumeirah52-72.2%AED 537.64MAED 2.20MAED 1,028/sqft25%
Al Thanyah First49+81.5%AED 127.98MAED 2.46MAED 1,358/sqft49%

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 2.09B454
Al Thanyah FifthAED 762.18M712
Palm JumeirahAED 537.64M52
Al Hebiah FourthAED 354.10M374
Burj KhalifaAED 310.76M135
Business BayAED 250.66M148
Al Thanayah FourthAED 223.39M85
Wadi Al Safa 6AED 170.14M55
Al Thanyah FirstAED 127.98M49
Al Thanyah ThirdAED 111.50M78

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 Thanyah Third78-88.1%
Burj Khalifa135-85.4%
Al Warsan First221-85.0%
Al Hebiah Fourth374+81.6%
Business Bay148-77.6%
Palm Jumeirah52-72.2%
Marsa Dubai454-70.5%
Jabal Ali First84-70.2%
Wadi Al Safa 655-39.6%
Me'Aisem First62-33.3%

The largest sales of April 2010

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 Apr 2010Marsa DubaiELITE RESIDENCEDubai MarinaFlatOff-Plan Properties4 B/R3,211 sqftAED 205,464/sqftAED 659,741,940
5 Apr 2010Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified37,401 sqftAED 9,893/sqftAED 370,000,000
21 Apr 2010Marsa DubaiPRINCESS TOWERDubai MarinaFlatOff-Plan Properties3 B/R2,037 sqftAED 156,044/sqftAED 317,888,200
13 Apr 2010Palm JumeirahTIARA RESIDENCEPalm JumeirahBuildingExisting PropertiesNot specified172,966 sqftAED 1,100/sqftAED 190,262,600
13 Apr 2010Palm JumeirahTIARA RESIDENCEPalm JumeirahBuildingExisting PropertiesNot specified170,518 sqftAED 1,100/sqftAED 187,564,300
22 Apr 2010Marsa DubaiELITE RESIDENCEDubai MarinaFlatOff-Plan Properties1 B/R961 sqftAED 131,994/sqftAED 126,789,700
9 Apr 2010Al Thanyah FifthGLOBAL LAKE VIEWDMCC Master CommunityFlatOff-Plan Properties3 B/R1,819 sqftAED 58,257/sqftAED 105,963,279
14 Apr 2010Al Barshaa South Second—Dubai Science ParkLandExisting PropertiesNot specified63,787 sqftAED 1,104/sqftAED 70,420,848
7 Apr 2010Me'Aisem First—International Media Production ZoneLandExisting PropertiesNot specified45,993 sqftAED 1,500/sqftAED 68,989,500
28 Apr 2010Bukadra—LandExisting PropertiesNot specified29,768 sqftAED 2,000/sqftAED 59,543,250

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.