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Monthly report

Dubai property market — June 2013

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

Sales5,451Registered in June 2013up105.2% vs a year earlier
Total valueAED 12.45BRegistered in June 2013Across 91 communities
Price per sqftAED 890/sqftMedian across June 2013up11.8% vs a year earlier
Sale priceAED 1.25MMedian across June 201312% sold off-plan

In a sentence

The Land Department registered 5,451 property sales in June 2013, worth AED 12.45B in total, across 91 communities. That is 105% more than the same month a year earlier.

The median sale was AED 1,250,000 at AED 890/sqft, 11.8% above the same month last year. 12% of sales were off-plan.

Al Thanyah Fifth was the busiest community with 902 registered sales, while Marsa Dubai took the most money at AED 1.70B.

Against the previous month, Al Hebiah Fourth rose 76% to 223 sales, while Al Thanyah Third fell 41% to 122.

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 2013, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanyah Fifth902-0.9%AED 1.55BAED 1.05MAED 868/sqft1%
Marsa Dubai664-6.3%AED 1.70BAED 1.36MAED 1,305/sqft16%
Business Bay640+22.1%AED 1.10BAED 1.41MAED 1,253/sqft20%
Burj Khalifa411-14.7%AED 970.08MAED 1.82MAED 1,878/sqft41%
Nadd Hessa256+43.0%AED 267.23MAED 501KAED 620/sqft0%
Dubai Investment Park First253+51.5%AED 442.70MAED 1.44MAED 335/sqft2%
Al Warsan First251-31.2%AED 97.01MAED 350KAED 578/sqft1%
Palm Jumeirah227+11.8%AED 1.00BAED 2.98MAED 1,610/sqft33%
Al Hebiah Fourth223+75.6%AED 217.39MAED 518KAED 700/sqft23%
Jabal Ali First190+25.0%AED 273.24MAED 415KAED 640/sqft0%
Al Barsha South Fourth181-12.1%AED 268.68MAED 686KAED 673/sqft9%
Al Thanyah Third122-41.3%AED 223.08MAED 1.56MAED 1,160/sqft4%
Al Thanayah Fourth109-27.3%AED 468.33MAED 2.53MAED 727/sqft0%
Me'Aisem First104+16.9%AED 110.84MAED 657KAED 677/sqft6%
Al Hebiah Fifth102-17.7%AED 82.06MAED 790KAED 865/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 1.70B664
Al Thanyah FifthAED 1.55B902
Business BayAED 1.10B640
Palm JumeirahAED 1.00B227
Burj KhalifaAED 970.08M411
Wadi Al Safa 3AED 527.60M16
Al Thanayah FourthAED 468.33M109
Dubai Investment Park FirstAED 442.70M253
Jabal Ali FirstAED 273.24M190
Al Barsha South FourthAED 268.68M181

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 Fourth223+75.6%
Dubai Investment Park First253+51.5%
Nadd Hessa256+43.0%
Al Thanyah Third122-41.3%
Wadi Al Safa 591-38.9%
Al Warsan First251-31.2%
Al Thanayah Fourth109-27.3%
Al Barsha South Fifth64-26.4%
Jabal Ali First190+25.0%
Wadi Al Safa 672-22.6%

The largest sales of June 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
10 Jun 2013Wadi Al Safa 3—Mohammed Bin Rashid AL Maktoum District 11VillaExisting PropertiesNot specified10,225,705 sqftAED 40/sqftAED 408,500,000
20 Jun 2013Marsa Dubai—Dubai MarinaBuildingExisting PropertiesNot specified48,931 sqftAED 6,654/sqftAED 325,599,030
24 Jun 2013Marsa Dubai—Jumeriah Beach Residence - JBRBuildingExisting PropertiesNot specified13,950 sqftAED 13,978/sqftAED 195,000,000
18 Jun 2013Naif—BuildingExisting PropertiesNot specified25,672 sqftAED 7,206/sqftAED 185,000,000
24 Jun 2013Al Safouh Second—Site ABuildingExisting PropertiesNot specified26,981 sqftAED 3,669/sqftAED 99,000,000
5 Jun 2013Mirdif—BuildingExisting PropertiesNot specified82,778 sqftAED 1,123/sqftAED 93,000,000
27 Jun 2013Al Safouh Second—Site ABuildingExisting PropertiesNot specified44,244 sqftAED 2,034/sqftAED 90,000,000
12 Jun 2013Al Nahda Second—BuildingExisting PropertiesNot specified26,642 sqftAED 2,627/sqftAED 70,000,000
10 Jun 2013Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified24,891 sqftAED 2,692/sqftAED 67,000,000
5 Jun 2013Al Bada—VillaExisting PropertiesNot specified104,035 sqftAED 582/sqftAED 60,500,000

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.