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Monthly report

Dubai property market — April 2013

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2013. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales5,657Registered in April 2013up82.5% vs a year earlier
Total valueAED 11.87BRegistered in April 2013Across 93 communities
Price per sqftAED 889/sqftMedian across April 2013up8.3% vs a year earlier
Sale priceAED 1.25MMedian across April 20139% sold off-plan

In a sentence

The Land Department registered 5,657 property sales in April 2013, worth AED 11.87B in total, across 93 communities. That is 83% more than the same month a year earlier.

The median sale was AED 1,249,769 at AED 889/sqft, 8.3% above the same month last year. 9% of sales were off-plan.

Marsa Dubai was the busiest community with 1,003 registered sales, and also took the most money at AED 2.05B.

Against the previous month, Al Barsha South Fifth rose 396% to 248 sales, while Al Warsan First fell 19% to 258.

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 2013, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai1,003+18.3%AED 2.05BAED 1.40MAED 1,191/sqft9%
Al Thanyah Fifth901+34.7%AED 1.44BAED 994KAED 781/sqft3%
Business Bay489+7.9%AED 809.16MAED 1.30MAED 1,239/sqft20%
Burj Khalifa443+28.4%AED 1.28BAED 1.85MAED 1,706/sqft35%
Al Warsan First258-19.4%AED 90.20MAED 320KAED 540/sqft0%
Al Barsha South Fifth248+396.0%AED 376.87MAED 1.48MAED 218/sqft0%
Al Thanyah Third225+55.2%AED 318.07MAED 1.00MAED 1,033/sqft3%
Al Barsha South Fourth218+62.7%AED 257.70MAED 760KAED 735/sqft12%
Palm Jumeirah216+31.7%AED 1.28BAED 2.94MAED 1,488/sqft18%
Dubai Investment Park First196+292.0%AED 350.23MAED 1.60MAED 309/sqft0%
Nadd Hessa193+53.2%AED 174.08MAED 480KAED 595/sqft2%
Al Hebiah Fourth152+29.9%AED 216.71MAED 639KAED 750/sqft1%
Jabal Ali First134+6.3%AED 125.57MAED 480KAED 656/sqft0%
Me'Aisem First133+250.0%AED 89.56MAED 525KAED 758/sqft3%
Al Thanayah Fourth127+27.0%AED 372.07MAED 2.30MAED 668/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 2.05B1,003
Al Thanyah FifthAED 1.44B901
Palm JumeirahAED 1.28B216
Burj KhalifaAED 1.28B443
Business BayAED 809.16M489
Al Barsha South FifthAED 376.87M248
Al Thanayah FourthAED 372.07M127
Dubai Investment Park FirstAED 350.23M196
Al Thanyah ThirdAED 318.07M225
Al Barsha South FourthAED 257.70M218

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 Barsha South Fifth248+396.0%
Dubai Investment Park First196+292.0%
Al Barsha South Fourth218+62.7%
Al Thanyah Third225+55.2%
Nadd Hessa193+53.2%
Al Thanyah Fifth901+34.7%
Palm Jumeirah216+31.7%
Al Hebiah Fourth152+29.9%
Wadi Al Safa 581+28.6%
Burj Khalifa443+28.4%

The largest sales of April 2013

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
9 Apr 2013Palm JumeirahVICEROY HOTEL RESORTS RESIDENCESPalm JumeirahBuildingExisting PropertiesNot specified305,695 sqftAED 1,302/sqftAED 398,027,280
10 Apr 2013Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified42,795 sqftAED 5,374/sqftAED 230,000,000
23 Apr 2013Al Nahda Second—BuildingExisting PropertiesNot specified34,547 sqftAED 2,929/sqftAED 101,200,000
9 Apr 2013Burj KhalifaOne ResidenceDownTown DubaiLandExisting PropertiesNot specified55,483 sqftAED 1,699/sqftAED 94,284,000
29 Apr 2013Burj KhalifaHYDRA TOWERSLandExisting PropertiesNot specified63,927 sqftAED 1,473/sqftAED 94,176,000
30 Apr 2013Al Thanyah First—Barsha HeightsBuildingExisting PropertiesNot specified29,063 sqftAED 3,183/sqftAED 92,500,000
29 Apr 2013Al Suq Al Kabeer—BuildingExisting PropertiesNot specified21,254 sqftAED 4,329/sqftAED 92,000,000
3 Apr 2013Marsa Dubai—Dubai MarinaVillaExisting PropertiesNot specified30,241 sqftAED 2,348/sqftAED 71,000,000
25 Apr 2013Marsa DubaiContinental TowerDubai MarinaBuildingExisting PropertiesNot specified43,757 sqftAED 1,580/sqftAED 69,126,460
8 Apr 2013Jabal Ali—LandExisting PropertiesNot specified13,619 sqftAED 4,552/sqftAED 62,000,000

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.