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Monthly report

Dubai property market — November 2011

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

Sales1,782Registered in November 2011up14.5% vs a year earlier
Total valueAED 4.08BRegistered in November 2011Across 60 communities
Price per sqftAED 782/sqftMedian across November 2011up1.6% vs a year earlier
Sale priceAED 999KMedian across November 20119% sold off-plan

In a sentence

The Land Department registered 1,782 property sales in November 2011, worth AED 4.08B in total, across 60 communities. That is 14% more than the same month a year earlier.

The median sale was AED 998,526 at AED 782/sqft, 1.6% above the same month last year. 9% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 411 registered sales, while Burj Khalifa took the most money at AED 684.27M.

Against the previous month, Nadd Hessa fell 49% to 58.

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 2011, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth411-13.7%AED 427.72MAED 750KAED 753/sqft9%
Marsa Dubai280-30.2%AED 394.96MAED 1.15MAED 913/sqft11%
Business Bay126-19.2%AED 524.86MAED 1.40MAED 1,210/sqft11%
Burj Khalifa114-24.5%AED 684.27MAED 1.99MAED 1,518/sqft4%
Al Warsan First106-31.6%AED 30.92MAED 249KAED 354/sqft3%
Me'Aisem First92+922.2%AED 61.59MAED 562KAED 1,019/sqft0%
Wadi Al Safa 590-32.3%AED 87.55MAED 691KAED 638/sqft0%
Al Thanyah Third89-34.1%AED 381.65MAED 830KAED 765/sqft0%
Palm Jumeirah80-14.9%AED 290.92MAED 2.24MAED 1,263/sqft11%
Al Thanayah Fourth59-33.7%AED 295.86MAED 2.16MAED 575/sqft0%
Nadd Hessa58-49.1%AED 60.19MAED 654KAED 670/sqft28%
Al Barsha South Fourth41-43.1%AED 45.51MAED 912KAED 883/sqft2%
Wadi Al Safa 630-37.5%AED 82.37MAED 2.50MAED 476/sqft0%
Al Hebiah Fourth29-38.3%AED 73.01MAED 1.95MAED 597/sqft38%
Jabal Ali First29-54.0%AED 12.83MAED 240KAED 495/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
Burj KhalifaAED 684.27M114
Business BayAED 524.86M126
Al Thanyah FifthAED 427.72M411
Marsa DubaiAED 394.96M280
Al Thanyah ThirdAED 381.65M89
Al Thanayah FourthAED 295.86M59
Palm JumeirahAED 290.92M80
Wadi Al Safa 5AED 87.55M90
Wadi Al Safa 6AED 82.37M30
Al Hebiah FourthAED 73.01M29

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
Nadd Hessa58-49.1%
Al Thanyah Third89-34.1%
Al Thanayah Fourth59-33.7%
Wadi Al Safa 590-32.3%
Al Warsan First106-31.6%
Marsa Dubai280-30.2%
Burj Khalifa114-24.5%
Business Bay126-19.2%
Palm Jumeirah80-14.9%
Al Thanyah Fifth411-13.7%

The largest sales of November 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 Nov 2011Burj Khalifa—Business BayLandExisting PropertiesNot specified1,285,188 sqftAED 272/sqftAED 350,000,000
14 Nov 2011Business Bay—Business BayBuildingExisting PropertiesNot specified359,676 sqftAED 931/sqftAED 335,000,000
14 Nov 2011Al Thanyah Third—The GreensBuildingExisting PropertiesNot specified54,104 sqftAED 5,001/sqftAED 270,570,375
14 Nov 2011Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified38,882 sqftAED 1,024/sqftAED 39,800,000
21 Nov 2011Burj KhalifaSILVER STAR TOWERBusiness BayLandExisting PropertiesNot specified68,029 sqftAED 566/sqftAED 38,500,000
30 Nov 2011Jumeirah Second—BuildingExisting PropertiesNot specified38,898 sqftAED 771/sqftAED 30,000,000
17 Nov 2011Al Hamriya—BuildingExisting PropertiesNot specified20,000 sqftAED 1,500/sqftAED 30,000,000
21 Nov 2011Al Barsha First—BuildingExisting PropertiesNot specified11,382 sqftAED 2,548/sqftAED 29,000,000
21 Nov 2011Madinat Hind 1—LandExisting PropertiesNot specified1,968,797 sqftAED 14/sqftAED 27,169,431
23 Nov 2011Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified14,545 sqftAED 1,495/sqftAED 21,750,000

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.