← All reports

Quarterly report

Dubai property market — Q4 2011

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q4 2011. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales6,955Registered in Q4 2011up33.7% vs a year earlier
Total valueAED 13.30BRegistered in Q4 2011Across 98 communities
Price per sqftAED 782/sqftMedian across Q4 2011down1.9% vs a year earlier
Sale priceAED 974KMedian across Q4 201110% sold off-plan

In a sentence

The Land Department registered 6,955 property sales in Q4 2011, worth AED 13.30B in total, across 98 communities. That is 34% more than the same quarter a year earlier.

The median sale was AED 973,620 at AED 782/sqft, 1.9% below the same quarter last year. 10% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 1,399 registered sales, while Marsa Dubai took the most money at AED 1.85B.

Against the previous quarter, Al Hebiah Fifth rose 168% to 196 sales, while Wadi Al Safa 6 fell 25% to 114.

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 2011, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth1,399+24.7%AED 1.41BAED 725KAED 729/sqft8%
Marsa Dubai1,119-9.8%AED 1.85BAED 1.27MAED 932/sqft8%
Business Bay544-8.9%AED 1.09BAED 1.20MAED 1,188/sqft7%
Al Warsan First405+24.2%AED 119.57MAED 247KAED 357/sqft4%
Burj Khalifa404+8.6%AED 1.58BAED 2.04MAED 1,536/sqft6%
Wadi Al Safa 5370+36.0%AED 332.52MAED 600KAED 678/sqft0%
Al Thanyah Third327+12.8%AED 701.34MAED 938KAED 800/sqft0%
Palm Jumeirah283-1.4%AED 1.14BAED 2.76MAED 1,284/sqft12%
Me'Aisem First262+89.9%AED 198.95MAED 561KAED 1,018/sqft2%
Nadd Hessa243+96.0%AED 218.58MAED 520KAED 650/sqft38%
Al Barsha South Fourth236+34.9%AED 333.29MAED 1.19MAED 917/sqft8%
Al Thanayah Fourth219-7.2%AED 778.04MAED 1.85MAED 522/sqft0%
Jabal Ali First201+27.2%AED 90.57MAED 340KAED 593/sqft0%
Al Hebiah Fifth196+168.5%AED 113.10MAED 373KAED 587/sqft100%
Wadi Al Safa 6114-25.5%AED 301.48MAED 2.40MAED 465/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 1.85B1,119
Burj KhalifaAED 1.58B404
Al Thanyah FifthAED 1.41B1,399
Palm JumeirahAED 1.14B283
Business BayAED 1.09B544
Al Thanayah FourthAED 778.04M219
Al Thanyah ThirdAED 701.34M327
Al Barsha South FourthAED 333.29M236
Wadi Al Safa 5AED 332.52M370
Wadi Al Safa 6AED 301.48M114

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
Al Hebiah Fifth196+168.5%
Nadd Hessa243+96.0%
Me'Aisem First262+89.9%
Wadi Al Safa 5370+36.0%
Al Barsha South Fourth236+34.9%
Jabal Ali First201+27.2%
Wadi Al Safa 6114-25.5%
Al Thanyah Fifth1,399+24.7%
Al Warsan First405+24.2%
Al Hebiah Fourth105-13.9%

The largest sales of Q4 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
4 Oct 2011Al Thanyah FirstMETRO CENTRALBarsha HeightsBuildingExisting PropertiesNot specified37,123 sqftAED 2,444/sqftAED 90,723,740
12 Dec 2011Al Safouh Second—Site ABuildingExisting PropertiesNot specified35,339 sqftAED 2,182/sqftAED 77,093,959
12 Dec 2011Marsa Dubai—TECOM Site DBuildingExisting PropertiesNot specified66,994 sqftAED 1,141/sqftAED 76,465,890
3 Oct 2011Al Garhoud—BuildingExisting PropertiesNot specified89,099 sqftAED 786/sqftAED 70,000,000
15 Dec 2011Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified29,734 sqftAED 2,186/sqftAED 65,000,000
26 Dec 2011Muhaisanah Fourth—BuildingExisting PropertiesNot specified25,590 sqftAED 2,345/sqftAED 60,000,000
12 Dec 2011Al Safouh Second—Site ABuildingExisting PropertiesNot specified26,679 sqftAED 2,060/sqftAED 54,958,297

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.