← All reports

Monthly report

Dubai property market — May 2013

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

Sales5,729Registered in May 2013up72.5% vs a year earlier
Total valueAED 12.88BRegistered in May 2013Across 94 communities
Price per sqftAED 861/sqftMedian across May 2013up10.8% vs a year earlier
Sale priceAED 1.27MMedian across May 201310% sold off-plan

In a sentence

The Land Department registered 5,729 property sales in May 2013, worth AED 12.88B in total, across 94 communities. That is 73% more than the same month a year earlier.

The median sale was AED 1,272,888 at AED 861/sqft, 10.8% above the same month last year. 10% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 910 registered sales, and also took the most money at AED 1.80B.

Against the previous month, Al Hebiah First rose 87% to 103 sales, while Al Barsha South Fifth fell 65% to 87.

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 May 2013, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth910+1.0%AED 1.80BAED 1.23MAED 791/sqft2%
Marsa Dubai709-29.3%AED 1.38BAED 1.40MAED 1,208/sqft7%
Business Bay524+7.2%AED 1.01BAED 1.68MAED 1,407/sqft34%
Burj Khalifa482+8.8%AED 1.67BAED 2.00MAED 1,836/sqft41%
Al Warsan First365+41.5%AED 186.44MAED 355KAED 568/sqft1%
Al Hebiah Third214—AED 81.00MAED 148KAED 1/sqft0%
Al Thanyah Third208-7.6%AED 366.38MAED 1.31MAED 1,137/sqft5%
Al Barsha South Fourth206-5.5%AED 415.45MAED 867KAED 728/sqft6%
Palm Jumeirah203-6.0%AED 681.33MAED 2.83MAED 1,448/sqft11%
Nadd Hessa179-7.3%AED 135.75MAED 450KAED 569/sqft2%
Dubai Investment Park First167-14.8%AED 316.15MAED 1.49MAED 328/sqft3%
Jabal Ali First152+13.4%AED 158.69MAED 555KAED 693/sqft0%
Al Thanayah Fourth150+18.1%AED 529.37MAED 1.94MAED 634/sqft0%
Wadi Al Safa 5149+84.0%AED 340.03MAED 519KAED 515/sqft0%
Al Hebiah Fourth127-16.4%AED 202.04MAED 690KAED 697/sqft11%

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
Al Thanyah FifthAED 1.80B910
Burj KhalifaAED 1.67B482
Marsa DubaiAED 1.38B709
Business BayAED 1.01B524
Palm JumeirahAED 681.33M203
Al Thanayah FourthAED 529.37M150
Al Barsha South FourthAED 415.45M206
Al Thanyah ThirdAED 366.38M208
Wadi Al Safa 5AED 340.03M149
Dubai Investment Park FirstAED 316.15M167

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 First103+87.3%
Wadi Al Safa 5149+84.0%
Al Barsha South Fifth87-64.9%
Wadi Al Safa 693+52.5%
Al Warsan First365+41.5%
Me'Aisem First89-33.1%
Marsa Dubai709-29.3%
Al Thanayah Fourth150+18.1%
Al Hebiah Fourth127-16.4%
Dubai Investment Park First167-14.8%

The largest sales of May 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
13 May 2013Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 18,000/sqftAED 180,000,000
15 May 2013Rega Al Buteen—BuildingExisting PropertiesNot specified20,608 sqftAED 7,036/sqftAED 145,000,000
14 May 2013Wadi Al Safa 7THE SUSTAINABLE CITYTHE SUSTAINABLE CITYLandExisting PropertiesNot specified5,000,047 sqftAED 22/sqftAED 110,001,144
20 May 2013Wadi Al Safa 5SKY COURTSDubai Land Residence ComplexFlatExisting Properties1 B/R852 sqftAED 122,130/sqftAED 104,076,385
21 May 2013Burj Khalifa—DownTown DubaiLandExisting PropertiesNot specified63,263 sqftAED 1,596/sqftAED 100,978,455
21 May 2013Burj Khalifa—DownTown DubaiLandExisting PropertiesNot specified63,263 sqftAED 1,596/sqftAED 100,978,303
8 May 2013Wadi Al Safa 4—Global VillageLandExisting PropertiesNot specified315,910 sqftAED 293/sqftAED 92,428,000
27 May 2013Al Nahda Second—BuildingExisting PropertiesNot specified38,244 sqftAED 2,304/sqftAED 88,100,000
9 May 2013Burj KhalifaRP HEIGHTSDownTown DubaiBuildingExisting PropertiesNot specified41,047 sqftAED 2,145/sqftAED 88,038,500
1 May 2013Burj KhalifaBURJ KHALIFA TOWERSDownTown DubaiOfficeExisting PropertiesNot specified8,807 sqftAED 8,271/sqftAED 72,837,722

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.