Monthly report
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside May 2014. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
The Land Department registered 4,484 property sales in May 2014, worth AED 10.98B in total, across 89 communities. That is 22% fewer than the same month a year earlier.
The median sale was AED 1,288,203 at AED 992/sqft, 15.2% above the same month last year. 25% of sales were off-plan.
Business Bay was the busiest community with 475 registered sales, while Marsa Dubai took the most money at AED 1.26B.
Against the previous month, Jabal Ali First rose 156% to 241 sales, while Al Hebiah Third fell 56% to 154.
The fifteen communities with the most registered sales in May 2014, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Business Bay | 475 | -18.7% | AED 1.07B | AED 1.50M | AED 1,510/sqft | 41% |
| Al Thanyah Fifth | 415 | +0.5% | AED 752.85M | AED 1.20M | AED 959/sqft | 16% |
| Marsa Dubai | 385 | -36.3% | AED 1.26B | AED 1.93M | AED 1,653/sqft | 16% |
| Al Barsha South Fourth | 376 | +10.6% | AED 1.04B | AED 900K | AED 819/sqft | 33% |
| Burj Khalifa | 313 | -44.4% | AED 1.16B | AED 2.52M | AED 2,450/sqft | 31% |
| Al Hebiah Fourth | 250 | -19.6% | AED 217.68M | AED 622K | AED 964/sqft | 28% |
| Jabal Ali First | 241 | +156.4% | AED 520.94M | AED 2.00M | AED 290/sqft | 2% |
| Al Warsan First | 238 | -15.9% | AED 173.12M | AED 483K | AED 796/sqft | 0% |
| Me'Aisem First | 169 | +22.5% | AED 172.48M | AED 686K | AED 1,035/sqft | 72% |
| Al Hebiah Third | 154 | -55.9% | AED 355.35M | AED 2.13M | AED 1,086/sqft | 51% |
| Nadd Hessa | 139 | +3.0% | AED 102.92M | AED 650K | AED 811/sqft | 7% |
| Dubai Investment Park First | 120 | +36.4% | AED 286.24M | AED 861K | AED 399/sqft | 39% |
| Palm Jumeirah | 112 | -27.7% | AED 510.12M | AED 3.17M | AED 1,832/sqft | 22% |
| Wadi Al Safa 5 | 108 | +2.9% | AED 172.63M | AED 748K | AED 878/sqft | 4% |
| Dubai Investment Park Second | 83 | +62.7% | AED 240.69M | AED 687K | AED 541/sqft | 0% |
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| Marsa Dubai | AED 1.26B | 385 |
| Burj Khalifa | AED 1.16B | 313 |
| Business Bay | AED 1.07B | 475 |
| Al Barsha South Fourth | AED 1.04B | 376 |
| Al Thanyah Fifth | AED 752.85M | 415 |
| Jabal Ali First | AED 520.94M | 241 |
| Palm Jumeirah | AED 510.12M | 112 |
| Al Hebiah Third | AED 355.35M | 154 |
| Dubai Investment Park First | AED 286.24M | 120 |
| Dubai Investment Park Second | AED 240.69M | 83 |
Change in registered sales against the previous month. Limited to communities with at least 50 sales in both — below that a swing is noise.
| Community | Sales | Change |
|---|---|---|
| Jabal Ali First | 241 | +156.4% |
| Dubai Investment Park Second | 83 | +62.7% |
| Al Hebiah Third | 154 | -55.9% |
| Al Hebiah Fifth | 69 | -48.1% |
| Burj Khalifa | 313 | -44.4% |
| Dubai Investment Park First | 120 | +36.4% |
| Marsa Dubai | 385 | -36.3% |
| Al Thanyah Third | 80 | -32.8% |
| Palm Jumeirah | 112 | -27.7% |
| Me'Aisem First | 169 | +22.5% |
Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.
| Date | Community | Project / building | Type | Beds | Size | Price/sqft | Price |
|---|---|---|---|---|---|---|---|
| 26 May 2014 | Marsa Dubai | —Jumeriah Beach Residence - JBR | BuildingExisting Properties | Not specified | 39,289 sqft | AED 10,268/sqft | AED 403,426,000 |
| 28 May 2014 | Business Bay | Enara By OmniyatBusiness Bay | LandExisting Properties | Not specified | 93,785 sqft | AED 1,898/sqft | AED 178,000,000 |
| 1 May 2014 | Dubai Investment Park First | DUBAI LAGOON LOTUSDubai Investment Park First | LandExisting Properties | Not specified | 1,743,631 sqft | AED 50/sqft | AED 87,947,250 |
| 26 May 2014 | Al Barshaa South Third | —Arjan | BuildingExisting Properties | Not specified | 131,389 sqft | AED 660/sqft | AED 86,754,000 |
| 29 May 2014 | Jumeirah First | — | LandExisting Properties | Not specified | 47,308 sqft | AED 1,800/sqft | AED 85,154,400 |
| 28 May 2014 | Al Barsha South Fourth | HAMENIJumeirah Village Circle | BuildingExisting Properties | Not specified | 69,107 sqft | AED 1,068/sqft | AED 73,800,000 |
| 14 May 2014 | Business Bay | —Business Bay | LandExisting Properties | Not specified | 58,345 sqft | AED 1,183/sqft | AED 69,000,000 |
| 12 May 2014 | Dubai Investment Park Second | —Dubai Investment Park Second | BuildingExisting Properties | Not specified | 64,692 sqft | AED 1,000/sqft | AED 64,691,096 |
| 7 May 2014 | Jabal Ali First | —Al Furjan | LandExisting Properties | Not specified | 372,268 sqft | AED 120/sqft | AED 44,680,000 |
| 12 May 2014 | Wadi Al Amardi | — | BuildingExisting Properties | Not specified | 363,637 sqft | AED 91/sqft | AED 33,000,000 |
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.