← All reports

Monthly report

Dubai property market — August 2013

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

Sales3,220Registered in August 2013up64.3% vs a year earlier
Total valueAED 7.28BRegistered in August 2013Across 73 communities
Price per sqftAED 926/sqftMedian across August 2013up20% vs a year earlier
Sale priceAED 1.25MMedian across August 201313% sold off-plan

In a sentence

The Land Department registered 3,220 property sales in August 2013, worth AED 7.28B in total, across 73 communities. That is 64% more than the same month a year earlier.

The median sale was AED 1,248,900 at AED 926/sqft, 20% above the same month last year. 13% of sales were off-plan.

Marsa Dubai was the busiest community with 402 registered sales, while Burj Khalifa took the most money at AED 901.82M.

Against the previous month, Al Hebiah Fifth rose 18% to 92 sales, while Jabal Ali First fell 71% to 54.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai402-35.2%AED 870.56MAED 1.40MAED 1,335/sqft9%
Al Thanyah Fifth398-49.4%AED 681.85MAED 1.12MAED 883/sqft2%
Burj Khalifa341-28.2%AED 901.82MAED 1.87MAED 1,904/sqft28%
Business Bay305-46.2%AED 515.13MAED 1.35MAED 1,254/sqft26%
Al Warsan First178-46.1%AED 75.42MAED 385KAED 618/sqft1%
Al Hebiah Fourth1770.0%AED 224.77MAED 789KAED 783/sqft3%
Palm Jumeirah163-57.9%AED 582.64MAED 2.74MAED 1,756/sqft40%
Al Barsha South Fourth155-17.1%AED 204.68MAED 700KAED 743/sqft10%
Nadd Hessa133-41.4%AED 121.50MAED 540KAED 642/sqft1%
Dubai Investment Park First117-50.4%AED 172.18MAED 1.30MAED 417/sqft27%
Al Hebiah Fifth92+17.9%AED 69.41MAED 695KAED 777/sqft0%
Al Thanyah Third81-46.7%AED 150.67MAED 1.42MAED 1,134/sqft5%
Wadi Al Safa 572-27.3%AED 87.89MAED 712KAED 653/sqft0%
Me'Aisem First68-57.5%AED 147.56MAED 616KAED 915/sqft15%
Al Hebiah Third67+6600.0%AED 172.08MAED 2.53MAED 726/sqft21%

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
Burj KhalifaAED 901.82M341
Marsa DubaiAED 870.56M402
Al Thanyah FifthAED 681.85M398
Palm JumeirahAED 582.64M163
Business BayAED 515.13M305
Um Suqaim SecondAED 363.00M2
Al Thanayah FourthAED 279.28M60
Al Hebiah FirstAED 264.18M35
Al Hebiah FourthAED 224.77M177
Al Barsha South FourthAED 204.68M155

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
Jabal Ali First54-71.4%
Palm Jumeirah163-57.9%
Me'Aisem First68-57.5%
Dubai Investment Park First117-50.4%
Al Thanyah Fifth398-49.4%
Al Thanyah Third81-46.7%
Business Bay305-46.2%
Al Warsan First178-46.1%
Al Thanayah Fourth60-45.5%
Nadd Hessa133-41.4%

The largest sales of August 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
12 Aug 2013Um Suqaim SecondPORTO DUBAIBuildingExisting PropertiesNot specified1,114,602 sqftAED 317/sqftAED 353,000,000
19 Aug 2013Al Hebiah First—Motor CityLandExisting PropertiesNot specified162,463 sqftAED 1,114/sqftAED 181,000,000
12 Aug 2013Al Nahda First—BuildingExisting PropertiesNot specified25,028 sqftAED 4,795/sqftAED 120,000,000
13 Aug 2013Marsa DubaiSTELLA MARISDubai MarinaBuildingExisting PropertiesNot specified35,718 sqftAED 2,912/sqftAED 104,000,000
1 Aug 2013Madinat Dubai AlmelaheyahHARBOUR LIGHTSDubai Maritime CityLandExisting PropertiesNot specified40,014 sqftAED 2,032/sqftAED 81,295,500
6 Aug 2013Al Thanyah First—Barsha HeightsLandExisting PropertiesNot specified76,111 sqftAED 1,020/sqftAED 77,633,900
26 Aug 2013Al Barsha First—LandExisting PropertiesNot specified212,033 sqftAED 295/sqftAED 62,549,700
5 Aug 2013Burj Khalifa—Business BayLandExisting PropertiesNot specified37,283 sqftAED 1,442/sqftAED 53,750,000
12 Aug 2013Al Thanayah FourthEmirates HillsEmirates LivingVillaExisting PropertiesNot specified14,475 sqftAED 3,592/sqftAED 52,000,000
5 Aug 2013Al Barsha First—BuildingExisting PropertiesNot specified22,084 sqftAED 2,355/sqftAED 52,000,000

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.