← All reports

Monthly report

Dubai property market — September 2011

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

Sales1,822Registered in September 2011up37% vs a year earlier
Total valueAED 3.77BRegistered in September 2011Across 74 communities
Price per sqftAED 848/sqftMedian across September 2011up7.7% vs a year earlier
Sale priceAED 1.21MMedian across September 201112% sold off-plan

In a sentence

The Land Department registered 1,822 property sales in September 2011, worth AED 3.77B in total, across 74 communities. That is 37% more than the same month a year earlier.

The median sale was AED 1,210,000 at AED 848/sqft, 7.7% above the same month last year. 12% of sales were off-plan.

Marsa Dubai was the busiest community with 332 registered sales, and also took the most money at AED 817.96M.

Against the previous month, Business Bay rose 46% to 184 sales, while Al Warsan First fell 36% to 79.

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 September 2011, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai332-0.3%AED 817.96MAED 1.28MAED 935/sqft14%
Al Thanyah Fifth312-32.2%AED 333.67MAED 795KAED 808/sqft7%
Business Bay184+46.0%AED 303.80MAED 1.45MAED 1,243/sqft18%
Burj Khalifa126+23.5%AED 326.48MAED 1.92MAED 1,472/sqft4%
Palm Jumeirah115+30.7%AED 421.52MAED 2.60MAED 1,262/sqft17%
Wadi Al Safa 592+17.9%AED 82.03MAED 590KAED 661/sqft0%
Al Thanyah Third91+9.6%AED 155.16MAED 1.26MAED 897/sqft0%
Al Thanayah Fourth82+20.6%AED 173.80MAED 1.65MAED 471/sqft0%
Al Warsan First79-35.8%AED 19.83MAED 210KAED 354/sqft10%
Wadi Al Safa 645+50.0%AED 117.97MAED 2.40MAED 466/sqft0%
Me'Aisem First42+2.4%AED 26.63MAED 478KAED 937/sqft2%
Nadd Hessa41+64.0%AED 33.00MAED 636KAED 721/sqft32%
Al Hebiah Fourth29-3.3%AED 46.70MAED 1.10MAED 862/sqft55%
Al Hebiah Fifth26-27.8%AED 19.43MAED 690KAED 847/sqft100%
Al Barsha South Fourth25-66.7%AED 32.76MAED 611KAED 527/sqft12%

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 817.96M332
Palm JumeirahAED 421.52M115
Al Thanyah FifthAED 333.67M312
Burj KhalifaAED 326.48M126
Business BayAED 303.80M184
Al Thanayah FourthAED 173.80M82
Al Thanyah ThirdAED 155.16M91
Wadi Al Safa 6AED 117.97M45
Al Nahda SecondAED 89.08M3
Wadi Al Safa 5AED 82.03M92

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
Business Bay184+46.0%
Al Warsan First79-35.8%
Al Thanyah Fifth312-32.2%
Palm Jumeirah115+30.7%
Burj Khalifa126+23.5%
Al Thanayah Fourth82+20.6%
Wadi Al Safa 592+17.9%
Al Thanyah Third91+9.6%
Marsa Dubai332-0.3%

The largest sales of September 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
19 Sept 2011Marsa DubaiShams 1Jumeriah Beach Residence - JBRFlatExisting Properties1 B/R1,342 sqftAED 253,447/sqftAED 340,000,000
6 Sept 2011Al Qusais Industrial Second—BuildingExisting PropertiesNot specified29,200 sqftAED 2,568/sqftAED 75,000,000
29 Sept 2011Jabal Ali—Down Town Jabal AliLandExisting PropertiesNot specified28,155 sqftAED 2,156/sqftAED 60,707,900
19 Sept 2011Al Nahda Second—BuildingExisting PropertiesNot specified21,600 sqftAED 2,315/sqftAED 50,000,000
20 Sept 2011Al Garhoud—BuildingExisting PropertiesNot specified40,042 sqftAED 960/sqftAED 38,440,320
26 Sept 2011Al Nahda Second—BuildingExisting PropertiesNot specified18,000 sqftAED 1,861/sqftAED 33,500,000
12 Sept 2011Um Hurair Second—Dubai Health Care City Phase 1BuildingExisting PropertiesNot specified40,991 sqftAED 739/sqftAED 30,276,979
13 Sept 2011Al Suq Al Kabeer—BuildingExisting PropertiesNot specified2,666 sqftAED 8,440/sqftAED 22,500,000
7 Sept 2011Al Goze Third—BuildingExisting PropertiesNot specified39,400 sqftAED 508/sqftAED 20,000,000
22 Sept 2011Wadi Al Safa 3—Al BarariVillaExisting PropertiesNot specified16,439 sqftAED 1,215/sqftAED 19,972,825

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.