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Monthly report

Dubai property market — April 2016

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside April 2016. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales3,800Registered in April 2016up33.5% vs a year earlier
Total valueAED 8.82BRegistered in April 2016Across 97 communities
Price per sqftAED 972/sqftMedian across April 2016down2.8% vs a year earlier
Sale priceAED 1.09MMedian across April 201645% sold off-plan

In a sentence

The Land Department registered 3,800 property sales in April 2016, worth AED 8.82B in total, across 97 communities. That is 33% more than the same month a year earlier.

The median sale was AED 1,089,005 at AED 972/sqft, 2.8% below the same month last year. 45% of sales were off-plan.

Jabal Ali First was the busiest community with 398 registered sales, while Wadi Al Safa 4 took the most money at AED 745.54M.

Against the previous month, Jabal Ali First rose 333% to 398 sales, while Saih Shuaib 1 fell 43% to 144.

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 April 2016, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Jabal Ali First398+332.6%AED 451.41MAED 497KAED 1,111/sqft82%
Business Bay284+52.7%AED 403.07MAED 1.20MAED 1,823/sqft59%
Nadd Hessa225+67.9%AED 156.27MAED 608KAED 792/sqft69%
Marsa Dubai217+1.9%AED 491.71MAED 1.77MAED 1,473/sqft30%
Al Thanyah Fifth212+13.4%AED 392.65MAED 1.04MAED 976/sqft13%
Al Barsha South Fourth197+20.1%AED 270.71MAED 686KAED 900/sqft62%
Al Warsan First190+11.1%AED 104.86MAED 424KAED 704/sqft2%
Al Hebiah Fourth173-20.3%AED 151.22MAED 620KAED 940/sqft52%
Burj Khalifa149+1.4%AED 395.33MAED 2.23MAED 1,990/sqft60%
Saih Shuaib 1144-43.3%AED 242.21MAED 1.31MAED 125/sqft0%
Al Yufrah 3134+1016.7%AED 206.36MAED 1.50MAED 918/sqft0%
Madinat Hind 4121+12000.0%AED 76.36MAED 515KAED 1,264/sqft99%
Hadaeq Sheikh Mohammed Bin Rashid114+70.1%AED 320.29MAED 2.66MAED 980/sqft91%
Palm Jumeirah105+36.4%AED 319.50MAED 2.19MAED 1,871/sqft67%
Me'Aisem First85-7.6%AED 129.73MAED 666KAED 897/sqft26%

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
Wadi Al Safa 4AED 745.54M6
Nad Al Shiba FirstAED 504.32M26
Marsa DubaiAED 491.71M217
Jabal Ali FirstAED 451.41M398
Business BayAED 403.07M284
Burj KhalifaAED 395.33M149
Al Thanyah FifthAED 392.65M212
Hadaeq Sheikh Mohammed Bin RashidAED 320.29M114
Palm JumeirahAED 319.50M105
Al Barsha South FourthAED 270.71M197

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 First398+332.6%
Hadaeq Sheikh Mohammed Bin Rashid114+70.1%
Nadd Hessa225+67.9%
Business Bay284+52.7%
Saih Shuaib 1144-43.3%
Palm Jumeirah105+36.4%
Al Hebiah Fourth173-20.3%
Al Barsha South Fourth197+20.1%
Al Thanyah Fifth212+13.4%
Al Warsan First190+11.1%

The largest sales of April 2016

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
13 Apr 2016Wadi Al Safa 4—LandExisting PropertiesNot specified7,934,477 sqftAED 91/sqftAED 722,038,146
25 Apr 2016Nad Al Shiba First—Meydan Racecourse CommunityBuildingExisting PropertiesNot specified329,057 sqftAED 1,067/sqftAED 350,991,967
12 Apr 2016Al Raffa—BuildingExisting PropertiesNot specified21,240 sqftAED 3,766/sqftAED 80,000,000
27 Apr 2016Al Mamzer—LandExisting PropertiesNot specified120,000 sqftAED 650/sqftAED 78,000,000
25 Apr 2016Jumeirah First—VillaExisting PropertiesNot specified100,073 sqftAED 699/sqftAED 70,000,000
7 Apr 2016Al MerkadhMOHAMMED BIN RASHID AL MAKTOUM CITY- DISTRICT ONE, PHASE 1VillaExisting PropertiesNot specified30,616 sqftAED 2,155/sqftAED 65,974,550
12 Apr 2016World Islands—The WorldLandExisting PropertiesNot specified423,450 sqftAED 133/sqftAED 56,374,485
12 Apr 2016Island 2—Jumeira BayLandExisting PropertiesNot specified36,242 sqftAED 1,417/sqftAED 51,342,300
5 Apr 2016Island 2—LandExisting PropertiesNot specified36,241 sqftAED 1,417/sqftAED 51,342,300
18 Apr 2016Al Mizhar First—LandExisting PropertiesNot specified311,470 sqftAED 128/sqftAED 40,000,000

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.