← All reports

Monthly report

Dubai property market — December 2013

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

Sales7,887Registered in December 2013up82.7% vs a year earlier
Total valueAED 19.34BRegistered in December 2013Across 84 communities
Price per sqftAED 874/sqftMedian across December 2013down3.5% vs a year earlier
Sale priceAED 1.50MMedian across December 201348% sold off-plan

In a sentence

The Land Department registered 7,887 property sales in December 2013, worth AED 19.34B in total, across 84 communities. That is 83% more than the same month a year earlier.

The median sale was AED 1,497,300 at AED 874/sqft, 3.5% below the same month last year. 48% of sales were off-plan.

Al Yelayiss 1 was the busiest community with 1,472 registered sales, while Burj Khalifa took the most money at AED 4.20B.

Against the previous month, Al Yelayiss 1 rose 803% to 1,472 sales, while Palm Jumeirah fell 8% to 114.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Yelayiss 11,472+803.1%AED 2.28BAED 1.52MAED 552/sqft100%
Burj Khalifa1,217+82.2%AED 4.20BAED 2.83MAED 2,211/sqft74%
Marsa Dubai709+51.2%AED 1.66BAED 1.70MAED 1,363/sqft6%
Al Thanyah Fifth532+13.2%AED 1.10BAED 1.30MAED 762/sqft2%
Business Bay525+73.8%AED 910.53MAED 1.39MAED 1,746/sqft65%
Al Thanyah Third415+84.4%AED 792.81MAED 1.74MAED 1,329/sqft75%
Al Warsan First326+86.3%AED 151.93MAED 370KAED 640/sqft0%
Me'Aisem First321+301.3%AED 205.81MAED 354KAED 813/sqft85%
Al Barsha South Fourth274+41.2%AED 509.07MAED 773KAED 735/sqft20%
Al Hebiah Fourth248+56.0%AED 221.01MAED 691KAED 790/sqft19%
Al Hebiah First215+216.2%AED 234.05MAED 785KAED 747/sqft0%
Al Hebiah Third192+190.9%AED 315.82MAED 1.07MAED 1,087/sqft71%
Jabal Ali First181+24.0%AED 148.58MAED 490KAED 692/sqft7%
Nadd Hessa130+120.3%AED 88.08MAED 600KAED 706/sqft14%
Al Hebiah Fifth129+239.5%AED 112.11MAED 805KAED 864/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 4.20B1,217
Al Yelayiss 1AED 2.28B1,472
Marsa DubaiAED 1.66B709
Al Thanyah FifthAED 1.10B532
Business BayAED 910.53M525
Al Thanyah ThirdAED 792.81M415
Nad Al Shiba FirstAED 716.44M85
Palm JumeirahAED 628.19M114
Al Thanyah FirstAED 531.33M18
Al MerkadhAED 520.00M2

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 Yelayiss 11,472+803.1%
Me'Aisem First321+301.3%
Al Hebiah First215+216.2%
Al Hebiah Third192+190.9%
Nadd Hessa130+120.3%
Al Warsan First326+86.3%
Al Thanyah Third415+84.4%
Burj Khalifa1,217+82.2%
Business Bay525+73.8%
Al Hebiah Fourth248+56.0%

The largest sales of December 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
18 Dec 2013Al Thanyah First—VillaExisting PropertiesNot specified639,999 sqftAED 650/sqftAED 416,000,000
19 Dec 2013Al Merkadh—LandExisting PropertiesNot specified4,999,972 sqftAED 65/sqftAED 325,000,000
19 Dec 2013Marsa DubaiCielDubai MarinaBuildingExisting PropertiesNot specified39,419 sqftAED 6,062/sqftAED 238,960,400
19 Dec 2013Al MerkadhSOBHA HARTLAND VILLAS-PHASE 1Meydan One CommunityLandExisting PropertiesNot specified3,000,012 sqftAED 65/sqftAED 195,000,000
19 Dec 2013Wadi Al Safa 2—LandExisting PropertiesNot specified3,476,657 sqftAED 34/sqftAED 118,206,440
9 Dec 2013Al Thanyah First—Barsha HeightsBuildingExisting PropertiesNot specified29,612 sqftAED 3,377/sqftAED 100,000,000
12 Dec 2013Bukadra—LandExisting PropertiesNot specified36,985 sqftAED 2,000/sqftAED 73,970,000
12 Dec 2013Bukadra—LandExisting PropertiesNot specified35,950 sqftAED 2,000/sqftAED 71,898,000
12 Dec 2013Bukadra—LandExisting PropertiesNot specified42,997 sqftAED 1,506/sqftAED 64,764,000
9 Dec 2013Burj Khalifa—Business BayLandExisting PropertiesNot specified51,667 sqftAED 1,250/sqftAED 64,584,000

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.