← All reports

Monthly report

Dubai property market — June 2016

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

Sales3,452Registered in June 2016down3.8% vs a year earlier
Total valueAED 9.03BRegistered in June 2016Across 93 communities
Price per sqftAED 938/sqftMedian across June 2016down5.1% vs a year earlier
Sale priceAED 1.35MMedian across June 201636% sold off-plan

In a sentence

The Land Department registered 3,452 property sales in June 2016, worth AED 9.03B in total, across 93 communities. That is 4% fewer than the same month a year earlier.

The median sale was AED 1,350,000 at AED 938/sqft, 5.1% below the same month last year. 36% of sales were off-plan.

Marsa Dubai was the busiest community with 338 registered sales, while Hadaeq Sheikh Mohammed Bin Rashid took the most money at AED 1.10B.

Against the previous month, Marsa Dubai rose 63% to 338 sales, while Jabal Ali First fell 46% 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 June 2016, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai338+62.5%AED 722.32MAED 1.99MAED 1,735/sqft44%
Hadaeq Sheikh Mohammed Bin Rashid276-20.9%AED 1.10BAED 4.01MAED 793/sqft20%
Business Bay268+16.0%AED 418.87MAED 1.23MAED 1,184/sqft63%
Al Warsan First193+4.3%AED 134.98MAED 420KAED 712/sqft4%
Al Thanyah Fifth187-0.5%AED 359.51MAED 1.07MAED 1,000/sqft11%
Al Barsha South Fourth154-17.2%AED 407.61MAED 650KAED 852/sqft33%
Al Hebiah Fourth143-7.1%AED 147.99MAED 676KAED 951/sqft41%
Jabal Ali First114-46.2%AED 125.99MAED 970KAED 900/sqft39%
Al Yelayiss 2112+15.5%AED 98.85MAED 854KAED 933/sqft100%
Nadd Hessa111-26.5%AED 115.91MAED 610KAED 878/sqft31%
Al Khairan First107-40.9%AED 172.05MAED 1.16MAED 1,399/sqft100%
Burj Khalifa102-45.5%AED 320.15MAED 2.44MAED 2,000/sqft37%
Al Wasl98+9700.0%AED 308.49MAED 3.10MAED 1,661/sqft99%
Palm Jumeirah93-3.1%AED 345.06MAED 2.67MAED 1,532/sqft25%
Al Thanyah Third82+41.4%AED 153.78MAED 1.75MAED 1,274/sqft13%

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
Hadaeq Sheikh Mohammed Bin RashidAED 1.10B276
Marsa DubaiAED 722.32M338
Saih Shuaib 1AED 507.22M80
Business BayAED 418.87M268
Al Barsha South FourthAED 407.61M154
Al Thanyah FifthAED 359.51M187
Palm JumeirahAED 345.06M93
Burj KhalifaAED 320.15M102
Al WaslAED 308.49M98
Al Hebiah ThirdAED 259.00M60

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
Marsa Dubai338+62.5%
Wadi Al Safa 576+49.0%
Jabal Ali First114-46.2%
Burj Khalifa102-45.5%
Al Thanyah Third82+41.4%
Al Khairan First107-40.9%
Nadd Hessa111-26.5%
Hadaeq Sheikh Mohammed Bin Rashid276-20.9%
Al Barsha South Fourth154-17.2%
Business Bay268+16.0%

The largest sales of June 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
8 Jun 2016Saih Shuaib 1—LandExisting PropertiesNot specified3,547,997 sqftAED 110/sqftAED 390,000,000
27 Jun 2016Nad Al Shiba Third—LandExisting PropertiesNot specified498,183 sqftAED 225/sqftAED 112,091,175
6 Jun 2016Al Yufrah 2—DAMAC HILLS 2LandExisting PropertiesNot specified3,816,452 sqftAED 21/sqftAED 81,025,962
28 Jun 2016Al Suq Al Kabeer—BuildingExisting PropertiesNot specified10,378 sqftAED 6,263/sqftAED 65,000,000
20 Jun 2016Al Thanyah FifthBANYAN TREE RESIDENCES HILLSIDE DUBAIDMCC Master CommunityBuildingExisting PropertiesNot specified114,698 sqftAED 555/sqftAED 63,700,000
28 Jun 2016Al Muteena—BuildingExisting PropertiesNot specified27,860 sqftAED 2,261/sqftAED 63,000,000
13 Jun 2016Saih Shuaib 3—Dubai Industrial CityBuildingExisting PropertiesNot specified512,846 sqftAED 119/sqftAED 60,900,605
30 Jun 2016Wadi Al Safa 7—RukanLandExisting PropertiesNot specified787,123 sqftAED 75/sqftAED 59,034,273
20 Jun 2016Al Barsha First—VillaExisting PropertiesNot specified38,917 sqftAED 1,413/sqftAED 55,000,000
27 Jun 2016Al Barsha South Fourth—Jumeirah Village CircleLandExisting PropertiesNot specified73,007 sqftAED 720/sqftAED 52,565,000

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.