Quarterly report
Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2016. Mortgages and gifts are excluded; the register's own record of a sale is the only source.
The Land Department registered 9,844 property sales in Q3 2016, worth AED 27.71B in total, across 126 communities. That is 7% more than the same quarter a year earlier.
The median sale was AED 1,399,685 at AED 1,015/sqft, 11.5% above the same quarter last year. 49% of sales were off-plan.
Burj Khalifa was the busiest community with 788 registered sales, and also took the most money at AED 3.14B.
Against the previous quarter, Al Wasl rose 283% to 383 sales, while Al Hebiah Third fell 58% to 73.
The fifteen communities with the most registered sales in Q3 2016, and how each moved against the quarter before.
| Community | Sales | vs prior | Total value | Median price | Price/sqft | Off-plan |
|---|---|---|---|---|---|---|
| Burj Khalifa | 788 | +79.9% | AED 3.14B | AED 3.17M | AED 2,716/sqft | 84% |
| Marsa Dubai | 723 | -5.2% | AED 1.46B | AED 1.95M | AED 1,698/sqft | 47% |
| Jabal Ali First | 714 | -1.4% | AED 664.82M | AED 686K | AED 1,083/sqft | 77% |
| Business Bay | 706 | -9.8% | AED 1.49B | AED 1.22M | AED 1,490/sqft | 66% |
| Hadaeq Sheikh Mohammed Bin Rashid | 502 | -32.1% | AED 2.22B | AED 2.84M | AED 881/sqft | 56% |
| Al Barsha South Fourth | 428 | -20.3% | AED 658.49M | AED 732K | AED 905/sqft | 56% |
| Al Thanyah Fifth | 397 | -32.4% | AED 700.03M | AED 1.15M | AED 1,020/sqft | 6% |
| Al Warsan First | 389 | -31.5% | AED 244.55M | AED 430K | AED 714/sqft | 3% |
| Al Wasl | 383 | +283.0% | AED 1.05B | AED 2.50M | AED 1,392/sqft | 48% |
| Al Yelayiss 2 | 352 | +33.8% | AED 338.03M | AED 881K | AED 932/sqft | 99% |
| Saih Shuaib 1 | 344 | +31.8% | AED 561.84M | AED 1.41M | AED 130/sqft | 0% |
| Al Hebiah Fourth | 343 | -27.0% | AED 372.12M | AED 725K | AED 985/sqft | 45% |
| Al Khairan First | 326 | -0.6% | AED 555.28M | AED 1.56M | AED 1,390/sqft | 100% |
| Nadd Hessa | 316 | -35.1% | AED 239.90M | AED 600K | AED 822/sqft | 39% |
| Me'Aisem First | 232 | +7.4% | AED 401.41M | AED 708K | AED 968/sqft | 32% |
Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.
| Community | Value | Sales |
|---|---|---|
| Burj Khalifa | AED 3.14B | 788 |
| Hadaeq Sheikh Mohammed Bin Rashid | AED 2.22B | 502 |
| Business Bay | AED 1.49B | 706 |
| Marsa Dubai | AED 1.46B | 723 |
| Al Wasl | AED 1.05B | 383 |
| Palm Jumeirah | AED 933.15M | 210 |
| Saih Shuaib 3 | AED 846.64M | 21 |
| Al Jadaf | AED 839.52M | 56 |
| Nad Al Shiba First | AED 732.70M | 160 |
| Al Thanyah Fifth | AED 700.03M | 397 |
Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.
| Community | Sales | Change |
|---|---|---|
| Al Wasl | 383 | +283.0% |
| Nad Al Shiba First | 160 | +196.3% |
| Wadi Al Safa 3 | 136 | +83.8% |
| Burj Khalifa | 788 | +79.9% |
| Al Hebiah Third | 73 | -57.8% |
| Wadi Al Safa 2 | 202 | +55.4% |
| Al Yufrah 2 | 76 | -42.0% |
| Wadi Al Safa 5 | 101 | -41.6% |
| Al Hebiah Fifth | 62 | -38.6% |
| Nadd Hessa | 316 | -35.1% |
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 |
|---|---|---|---|---|---|---|---|
| 29 Aug 2016 | Al Rowaiyah First | —Dubai International Academic City | LandExisting Properties | Not specified | 642,720 sqft | AED 450/sqft | AED 289,224,000 |
| 23 Aug 2016 | Trade Center First | — | BuildingExisting Properties | Not specified | 12,500 sqft | AED 21,600/sqft | AED 270,000,000 |
| 28 Jul 2016 | Al Jadaf | —Dubai Health Care City Phase 2 | LandExisting Properties | Not specified | 974,481 sqft | AED 212/sqft | AED 207,000,000 |
| 8 Aug 2016 | Palm Deira | —Palm Deira | LandExisting Properties | Not specified | 395,656 sqft | AED 507/sqft | AED 200,597,480 |
| 22 Aug 2016 | Al Yufrah 2 | —DAMAC HILLS 2 | LandExisting Properties | Not specified | 5,710,594 sqft | AED 33/sqft | AED 188,483,993 |
| 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 |
| 14 Jul 2016 | Palm Jumeirah | Azizi MinaPalm Jumeirah | BuildingExisting Properties | Not specified | 121,033 sqft | AED 1,432/sqft | AED 173,305,000 |
| 18 Aug 2016 | Al Safouh Second | —Site A | BuildingExisting Properties | Not specified | 34,872 sqft | AED 4,399/sqft | AED 153,412,560 |
| 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 |
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.