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Monthly report

Dubai property market — June 2011

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside June 2011. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales2,133Registered in June 2011down47.5% vs a year earlier
Total valueAED 4.53BRegistered in June 2011Across 75 communities
Price per sqftAED 741/sqftMedian across June 2011down12.8% vs a year earlier
Sale priceAED 1.11MMedian across June 20119% sold off-plan

In a sentence

The Land Department registered 2,133 property sales in June 2011, worth AED 4.53B in total, across 75 communities. That is 47% fewer than the same month a year earlier.

The median sale was AED 1,114,625 at AED 741/sqft, 12.8% below the same month last year. 9% of sales were off-plan.

Marsa Dubai was the busiest community with 429 registered sales, and also took the most money at AED 725.58M.

Against the previous month, Wadi Al Safa 5 rose 242% to 181 sales, while Al Barsha South Fourth fell 50% to 51.

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 2011, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai429-15.2%AED 725.58MAED 1.50MAED 875/sqft13%
Al Thanyah Fifth348+16.4%AED 352.40MAED 810KAED 750/sqft5%
Wadi Al Safa 5181+241.5%AED 118.89MAED 581KAED 665/sqft1%
Palm Jumeirah130-24.0%AED 461.59MAED 2.72MAED 1,350/sqft12%
Business Bay127-18.1%AED 204.85MAED 1.31MAED 1,143/sqft9%
Al Warsan First110-31.3%AED 30.45MAED 241KAED 359/sqft4%
Al Thanayah Fourth103+24.1%AED 276.44MAED 1.70MAED 482/sqft0%
Burj Khalifa95-39.9%AED 353.29MAED 1.77MAED 1,683/sqft17%
Al Thanyah Third89-21.2%AED 118.14MAED 780KAED 829/sqft1%
Nadd Hessa78-36.1%AED 95.87MAED 774KAED 734/sqft21%
Wadi Al Safa 670+48.9%AED 200.69MAED 2.23MAED 412/sqft0%
Al Barsha South Fourth51-50.0%AED 42.76MAED 800KAED 915/sqft24%
Jabal Ali First50+61.3%AED 15.67MAED 279KAED 489/sqft0%
Al Hebiah Fourth38-43.3%AED 55.51MAED 940KAED 823/sqft50%
Al Barsha South Fifth20-25.9%AED 28.59MAED 1.48MAED 212/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
Marsa DubaiAED 725.58M429
Palm JumeirahAED 461.59M130
Burj KhalifaAED 353.29M95
Al Thanyah FifthAED 352.40M348
Al Thanayah FourthAED 276.44M103
Jabal Ali Industrial ThirdAED 214.30M2
Business BayAED 204.85M127
Wadi Al Safa 6AED 200.69M70
Um Hurair SecondAED 141.20M1
Wadi Al Safa 5AED 118.89M181

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
Wadi Al Safa 5181+241.5%
Al Barsha South Fourth51-50.0%
Burj Khalifa95-39.9%
Nadd Hessa78-36.1%
Al Warsan First110-31.3%
Al Thanayah Fourth103+24.1%
Palm Jumeirah130-24.0%
Al Thanyah Third89-21.2%
Business Bay127-18.1%
Al Thanyah Fifth348+16.4%

The largest sales of June 2011

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
29 Jun 2011Jabal Ali Industrial Third—LandExisting PropertiesNot specified483,863 sqftAED 352/sqftAED 170,300,000
1 Jun 2011Um Hurair Second—BuildingExisting PropertiesNot specified48,800 sqftAED 2,894/sqftAED 141,202,800
27 Jun 2011Naif—BuildingExisting PropertiesNot specified11,548 sqftAED 5,456/sqftAED 63,000,000
9 Jun 2011Marsa Dubai—Dubai MarinaVillaExisting PropertiesNot specified30,241 sqftAED 1,819/sqftAED 55,000,000
20 Jun 2011Mankhool—BuildingExisting PropertiesNot specified48,549 sqftAED 1,030/sqftAED 50,000,000
9 Jun 2011Burj Khalifa—Business BayLandExisting PropertiesNot specified37,283 sqftAED 1,250/sqftAED 46,603,250
9 Jun 2011Burj Khalifa—Business BayLandExisting PropertiesNot specified37,283 sqftAED 1,250/sqftAED 46,603,250
8 Jun 2011Al Warqa First—BuildingExisting PropertiesNot specified20,000 sqftAED 2,250/sqftAED 45,000,000
29 Jun 2011Jabal Ali Industrial Third—LandExisting PropertiesNot specified340,961 sqftAED 129/sqftAED 44,000,000
23 Jun 2011Al Murqabat—BuildingExisting PropertiesNot specified32,332 sqftAED 1,025/sqftAED 33,140,300

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.