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Monthly report

Dubai property market — June 2012

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

Sales2,657Registered in June 2012up24.6% vs a year earlier
Total valueAED 5.82BRegistered in June 2012Across 82 communities
Price per sqftAED 797/sqftMedian across June 2012up7.5% vs a year earlier
Sale priceAED 1.17MMedian across June 201210% sold off-plan

In a sentence

The Land Department registered 2,657 property sales in June 2012, worth AED 5.82B in total, across 82 communities. That is 25% more than the same month a year earlier.

The median sale was AED 1,165,289 at AED 797/sqft, 7.5% above the same month last year. 10% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 382 registered sales, while Marsa Dubai took the most money at AED 792.05M.

Against the previous month, Jabal Ali First rose 32% to 83 sales, while Al Thanyah Fifth fell 52% to 382.

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 2012, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth382-52.0%AED 473.69MAED 863KAED 735/sqft8%
Marsa Dubai380-23.4%AED 792.05MAED 1.20MAED 1,017/sqft27%
Business Bay215-30.9%AED 287.20MAED 1.08MAED 1,018/sqft12%
Al Warsan First208+7.2%AED 51.12MAED 210KAED 371/sqft0%
Port Saeed161—AED 189.88MAED 1.18MAED 990/sqft0%
Burj Khalifa160-28.3%AED 361.21MAED 1.74MAED 1,463/sqft7%
Al Thanyah Third142+5.2%AED 212.75MAED 1.14MAED 922/sqft5%
Palm Jumeirah129-28.7%AED 608.76MAED 2.57MAED 1,245/sqft11%
Al Barsha South Fourth119+30.8%AED 95.58MAED 506KAED 425/sqft45%
Al Barsha South Fifth109+19.8%AED 149.07MAED 1.49MAED 269/sqft1%
Al Thanayah Fourth89-19.1%AED 484.96MAED 2.40MAED 623/sqft0%
Nadd Hessa86-23.2%AED 83.94MAED 465KAED 524/sqft9%
Jabal Ali First83+31.7%AED 62.16MAED 440KAED 609/sqft0%
Wadi Al Safa 578-20.4%AED 85.42MAED 689KAED 372/sqft0%
Wadi Al Safa 649-35.5%AED 151.00MAED 3.00MAED 498/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 792.05M380
Palm JumeirahAED 608.76M129
Al Thanayah FourthAED 484.96M89
Al Thanyah FifthAED 473.69M382
Burj KhalifaAED 361.21M160
Al Safouh SecondAED 333.00M1
Business BayAED 287.20M215
Al Thanyah ThirdAED 212.75M142
Port SaeedAED 189.88M161
Trade Center FirstAED 188.03M1

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 Thanyah Fifth382-52.0%
Jabal Ali First83+31.7%
Business Bay215-30.9%
Al Barsha South Fourth119+30.8%
Palm Jumeirah129-28.7%
Burj Khalifa160-28.3%
Marsa Dubai380-23.4%
Nadd Hessa86-23.2%
Wadi Al Safa 578-20.4%
Al Barsha South Fifth109+19.8%

The largest sales of June 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
25 Jun 2012Al Safouh Second—Site ABuildingExisting PropertiesNot specified128,412 sqftAED 2,593/sqftAED 333,000,000
7 Jun 2012Trade Center First—BuildingExisting PropertiesNot specified12,500 sqftAED 15,042/sqftAED 188,025,000
7 Jun 2012Marsa DubaiResidences Du Port, Dubai Marina, Autograph Collection ResidencesDubai MarinaBuildingExisting PropertiesNot specified213,355 sqftAED 539/sqftAED 115,000,000
4 Jun 2012Naif—BuildingExisting PropertiesNot specified23,059 sqftAED 4,879/sqftAED 112,500,000
6 Jun 2012Palm JumeirahW Residences Dubai - The PalmPalm JumeirahBuildingExisting PropertiesNot specified1,013,958 sqftAED 100/sqftAED 101,656,000
4 Jun 2012Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified39,085 sqftAED 2,559/sqftAED 100,000,000
26 Jun 2012Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified60,027 sqftAED 1,449/sqftAED 87,000,000
6 Jun 2012Al Garhoud—BuildingExisting PropertiesNot specified20,000 sqftAED 3,550/sqftAED 71,000,000
14 Jun 2012Al Hamriya—BuildingExisting PropertiesNot specified37,292 sqftAED 1,341/sqftAED 50,000,000
4 Jun 2012Jumeirah First—VillaExisting PropertiesNot specified43,621 sqftAED 1,100/sqftAED 48,000,000

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.