Monthly report
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside September 2016. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
The Land Department registered 2,240 property sales in September 2016, worth AED 5.22B in total, across 79 communities. That is 41% fewer than the same month a year earlier.
The median sale was AED 1,099,219 at AED 936/sqft, 5.5% above the same month last year. 41% of sales were off-plan.
Business Bay was the busiest community with 212 registered sales, and also took the most money at AED 509.84M.
Against the previous month, Al Thanyah Fifth rose 9% to 150 sales, while Burj Khalifa fell 68% to 97.
The fifteen communities with the most registered sales in September 2016, and how each moved against the month before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Business Bay | 212 | -28.1% | AED 509.84M | AED 1.26M | AED 1,496/sqft | 65% |
| Jabal Ali First | 157 | -22.7% | AED 201.72M | AED 814K | AED 917/sqft | 63% |
| Marsa Dubai | 157 | -51.4% | AED 266.58M | AED 1.55M | AED 1,325/sqft | 18% |
| Al Thanyah Fifth | 150 | +9.5% | AED 269.40M | AED 1.13M | AED 991/sqft | 3% |
| Al Barsha South Fourth | 140 | -21.8% | AED 226.04M | AED 740K | AED 890/sqft | 55% |
| Nadd Hessa | 117 | -4.9% | AED 88.49M | AED 635K | AED 776/sqft | 25% |
| Al Goze Fourth | 104 | +845.5% | AED 77.76M | AED 736K | AED 738/sqft | 100% |
| Burj Khalifa | 97 | -68.4% | AED 231.54M | AED 1.68M | AED 2,144/sqft | 59% |
| Al Warsan First | 92 | -49.7% | AED 50.54M | AED 417K | AED 715/sqft | 5% |
| Al Hebiah Fourth | 84 | -44.4% | AED 68.97M | AED 563K | AED 998/sqft | 39% |
| Nad Al Shiba First | 63 | -19.2% | AED 273.89M | AED 4.32M | AED 1,353/sqft | 79% |
| Al Yelayiss 2 | 57 | -40.0% | AED 56.04M | AED 893K | AED 942/sqft | 100% |
| Palm Jumeirah | 57 | -44.7% | AED 207.89M | AED 2.30M | AED 1,496/sqft | 26% |
| Wadi Al Safa 2 | 55 | -41.5% | AED 34.48M | AED 614K | AED 760/sqft | 76% |
| Dubai Investment Park First | 53 | -45.9% | AED 133.18M | AED 847K | AED 717/sqft | 66% |
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| Business Bay | AED 509.84M | 212 |
| Nad Al Shiba First | AED 273.89M | 63 |
| Al Thanyah Fifth | AED 269.40M | 150 |
| Marsa Dubai | AED 266.58M | 157 |
| Burj Khalifa | AED 231.54M | 97 |
| Al Barsha South Fourth | AED 226.04M | 140 |
| Al Jadaf | AED 219.10M | 16 |
| Hadaeq Sheikh Mohammed Bin Rashid | AED 218.78M | 12 |
| Palm Jumeirah | AED 207.89M | 57 |
| Jabal Ali First | AED 201.72M | 157 |
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 |
|---|---|---|
| Burj Khalifa | 97 | -68.4% |
| Marsa Dubai | 157 | -51.4% |
| Al Warsan First | 92 | -49.7% |
| Dubai Investment Park First | 53 | -45.9% |
| Palm Jumeirah | 57 | -44.7% |
| Al Hebiah Fourth | 84 | -44.4% |
| Wadi Al Safa 2 | 55 | -41.5% |
| Al Yelayiss 2 | 57 | -40.0% |
| Business Bay | 212 | -28.1% |
| Al Thanyah Third | 50 | -23.1% |
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 |
|---|---|---|---|---|---|---|---|
| 19 Sept 2016 | Hadaeq Sheikh Mohammed Bin Rashid | —DUBAI HILLS | BuildingExisting Properties | Not specified | 1,199,999 sqft | AED 148/sqft | AED 177,100,000 |
| 1 Sept 2016 | Business Bay | —Business Bay | BuildingExisting Properties | Not specified | 57,118 sqft | AED 3,064/sqft | AED 175,000,000 |
| 26 Sept 2016 | Al Jadaf | Binghatti AvenueDubai Health Care City Phase 2 | BuildingExisting Properties | Not specified | 84,331 sqft | AED 1,776/sqft | AED 149,804,193 |
| 6 Sept 2016 | Um Hurair Second | —Dubai Health Care City Phase 1 | LandExisting Properties | Not specified | 26,536 sqft | AED 5,408/sqft | AED 143,500,000 |
| 21 Sept 2016 | Saih Shuaib 3 | —Dubai Industrial City | LandExisting Properties | Not specified | 2,999,992 sqft | AED 33/sqft | AED 100,304,815 |
| 8 Sept 2016 | Al Barsha South Fourth | —Jumeirah Village Circle | LandExisting Properties | Not specified | 28,512 sqft | AED 2,631/sqft | AED 75,000,000 |
| 26 Sept 2016 | Al Jadaf | Binghatti GatewayDubai Health Care City Phase 2 | BuildingExisting Properties | Not specified | 37,191 sqft | AED 1,210/sqft | AED 45,000,000 |
| 27 Sept 2016 | Dubai Investment Park First | —Dubai Investment Park First | BuildingExisting Properties | Not specified | 269,102 sqft | AED 137/sqft | AED 36,965,753 |
| 5 Sept 2016 | Bukadra | — | LandExisting Properties | Not specified | 21,101 sqft | AED 1,743/sqft | AED 36,783,250 |
| 1 Sept 2016 | Palm Jumeirah | VICEROY HOTEL RESORTS RESIDENCESPalm Jumeirah | FlatOff-Plan Properties | 5 B/R | 12,520 sqft | AED 2,796/sqft | AED 35,000,000 |
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.