← All reports

Monthly report

Dubai property market — November 2013

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

Sales4,151Registered in November 2013up22.8% vs a year earlier
Total valueAED 12.21BRegistered in November 2013Across 90 communities
Price per sqftAED 925/sqftMedian across November 2013up1.9% vs a year earlier
Sale priceAED 1.51MMedian across November 201317% sold off-plan

In a sentence

The Land Department registered 4,151 property sales in November 2013, worth AED 12.21B in total, across 90 communities. That is 23% more than the same month a year earlier.

The median sale was AED 1,505,486 at AED 925/sqft, 1.9% above the same month last year. 17% of sales were off-plan.

Burj Khalifa was the busiest community with 668 registered sales, and also took the most money at AED 2.06B.

Against the previous month, Al Thanyah Third rose 30% to 225 sales, while Al Hebiah First fell 85% to 68.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Burj Khalifa668-37.8%AED 2.06BAED 2.13MAED 2,129/sqft21%
Al Thanyah Fifth470-54.7%AED 1.11BAED 2.17MAED 711/sqft1%
Marsa Dubai469-47.8%AED 980.46MAED 1.54MAED 1,429/sqft4%
Business Bay302-54.0%AED 805.65MAED 1.17MAED 1,404/sqft49%
Al Thanyah Third225+30.1%AED 344.17MAED 1.09MAED 1,090/sqft12%
Al Barsha South Fourth194-61.2%AED 360.27MAED 1.00MAED 600/sqft13%
Al Warsan First175-57.4%AED 84.19MAED 375KAED 655/sqft2%
Al Yelayiss 1163-40.9%AED 248.51MAED 1.51MAED 558/sqft100%
Al Hebiah Fourth159-47.0%AED 164.17MAED 671KAED 818/sqft7%
Jabal Ali First146+18.7%AED 287.94MAED 1.21MAED 737/sqft10%
Palm Jumeirah124-62.3%AED 981.84MAED 2.89MAED 1,659/sqft24%
Dubai Investment Park First115+25.0%AED 224.84MAED 1.60MAED 327/sqft6%
Me'Aisem First80-69.0%AED 245.43MAED 623KAED 814/sqft29%
Al Thanayah Fourth74+76.2%AED 235.84MAED 2.40MAED 733/sqft0%
Al Hebiah First68-85.2%AED 90.41MAED 1.06MAED 800/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
Burj KhalifaAED 2.06B668
Al Thanyah FifthAED 1.11B470
Palm JumeirahAED 981.84M124
Marsa DubaiAED 980.46M469
Business BayAED 805.65M302
Al Barshaa South FirstAED 542.27M4
Saih Shuaib 4AED 420.00M1
Al Barsha South FourthAED 360.27M194
Al Thanyah ThirdAED 344.17M225
Nad Al Shiba FirstAED 295.11M27

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 First68-85.2%
Nadd Hessa59-83.5%
Me'Aisem First80-69.0%
Palm Jumeirah124-62.3%
Al Barsha South Fourth194-61.2%
Al Warsan First175-57.4%
Al Thanyah Fifth470-54.7%
Business Bay302-54.0%
Marsa Dubai469-47.8%
Al Hebiah Third66-47.6%

The largest sales of November 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
4 Nov 2013Saih Shuaib 4—Dubai Industrial CityLandExisting PropertiesNot specified2,158,398 sqftAED 195/sqftAED 420,000,000
6 Nov 2013Al Barshaa South First—BuildingExisting PropertiesNot specified459,613 sqftAED 599/sqftAED 275,475,000
18 Nov 2013Burj KhalifaImperial AvenueDownTown DubaiBuildingExisting PropertiesNot specified95,600 sqftAED 2,316/sqftAED 221,401,500
5 Nov 2013Al Barshaa South First—BuildingExisting PropertiesNot specified459,613 sqftAED 400/sqftAED 183,844,000
19 Nov 2013Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified103,268 sqftAED 1,423/sqftAED 147,000,000
28 Nov 2013Business Bay—LandExisting PropertiesNot specified20,010 sqftAED 7,246/sqftAED 145,000,000
28 Nov 2013Business Bay—LandExisting PropertiesNot specified20,007 sqftAED 7,248/sqftAED 145,000,000
11 Nov 2013Al Nahda Second—BuildingExisting PropertiesNot specified47,671 sqftAED 2,937/sqftAED 140,000,000
20 Nov 2013Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified56,604 sqftAED 1,512/sqftAED 85,558,000
25 Nov 2013Palm Jumeirah—Palm JumeirahBuildingExisting PropertiesNot specified53,819 sqftAED 1,512/sqftAED 81,347,000

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.