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Monthly report

Dubai property market — April 2012

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2012. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales3,099Registered in April 2012up30.4% vs a year earlier
Total valueAED 6.26BRegistered in April 2012Across 84 communities
Price per sqftAED 822/sqftMedian across April 2012up2.7% vs a year earlier
Sale priceAED 1.02MMedian across April 20127% sold off-plan

In a sentence

The Land Department registered 3,099 property sales in April 2012, worth AED 6.26B in total, across 84 communities. That is 30% more than the same month a year earlier.

The median sale was AED 1,017,400 at AED 822/sqft, 2.7% above the same month last year. 7% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 581 registered sales, while Palm Jumeirah took the most money at AED 1.29B.

Against the previous month, Al Hebiah Fourth rose 72% to 93 sales, while Wadi Al Safa 5 fell 23% to 83.

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 2012, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth581+47.5%AED 658.16MAED 796KAED 764/sqft3%
Marsa Dubai457-2.6%AED 709.75MAED 1.23MAED 968/sqft19%
Business Bay308+31.1%AED 455.72MAED 1.15MAED 1,100/sqft5%
Al Barsha South Fourth252+414.3%AED 194.97MAED 685KAED 875/sqft2%
Palm Jumeirah235+23.7%AED 1.29BAED 2.79MAED 1,366/sqft22%
Burj Khalifa178-11.0%AED 365.06MAED 1.63MAED 1,437/sqft5%
Al Warsan First159-3.0%AED 49.75MAED 250KAED 384/sqft0%
Al Thanyah Third118+1.7%AED 160.38MAED 897KAED 852/sqft0%
Al Thanayah Fourth102+36.0%AED 463.44MAED 2.08MAED 618/sqft0%
Al Hebiah Fourth93+72.2%AED 70.13MAED 289KAED 124/sqft8%
Wadi Al Safa 583-23.1%AED 108.98MAED 836KAED 651/sqft0%
Me'Aisem First81+47.3%AED 79.47MAED 618KAED 1,063/sqft2%
Nadd Hessa80+25.0%AED 80.72MAED 500KAED 606/sqft6%
Jabal Ali First64+36.2%AED 58.09MAED 370KAED 558/sqft0%
Al Barsha South Fifth35+40.0%AED 44.21MAED 1.44MAED 284/sqft3%

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
Palm JumeirahAED 1.29B235
Marsa DubaiAED 709.75M457
Al Thanyah FifthAED 658.16M581
Al Thanayah FourthAED 463.44M102
Business BayAED 455.72M308
Burj KhalifaAED 365.06M178
Al Thanyah FirstAED 231.17M25
Al Barsha South FourthAED 194.97M252
Al Thanyah ThirdAED 160.38M118
Trade Center FirstAED 157.78M2

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 Hebiah Fourth93+72.2%
Al Thanyah Fifth581+47.5%
Me'Aisem First81+47.3%
Al Thanayah Fourth102+36.0%
Business Bay308+31.1%
Nadd Hessa80+25.0%
Palm Jumeirah235+23.7%
Wadi Al Safa 583-23.1%
Burj Khalifa178-11.0%
Al Warsan First159-3.0%

The largest sales of April 2012

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
4 Apr 2012Palm JumeirahEOMEPalm JumeirahLandExisting PropertiesNot specified671,326 sqftAED 372/sqftAED 250,000,000
23 Apr 2012Trade Center First—LandExisting PropertiesNot specified10,000 sqftAED 13,000/sqftAED 130,000,000
10 Apr 2012Mankhool—BuildingExisting PropertiesNot specified14,490 sqftAED 4,589/sqftAED 66,500,000
30 Apr 2012Al Thanyah FirstThe Chedi Private ResidencesBarsha HeightsLandExisting PropertiesNot specified73,981 sqftAED 884/sqftAED 65,400,000
30 Apr 2012Al Thanyah First—TECOM Site CBuildingExisting PropertiesNot specified73,267 sqftAED 884/sqftAED 64,800,000
10 Apr 2012Rega Al Buteen—LandExisting PropertiesNot specified21,208 sqftAED 2,829/sqftAED 60,000,000
30 Apr 2012Al Thanyah First—Barsha HeightsLandExisting PropertiesNot specified67,570 sqftAED 885/sqftAED 59,800,000
26 Apr 2012Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified37,629 sqftAED 1,143/sqftAED 43,000,000
9 Apr 2012Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified31,500 sqftAED 1,156/sqftAED 36,400,000
23 Apr 2012Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified28,777 sqftAED 1,234/sqftAED 35,500,000

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.