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Monthly report

Dubai property market — January 2017

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2017. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales4,468Registered in January 2017up11.6% vs a year earlier
Total valueAED 13.80BRegistered in January 2017Across 103 communities
Price per sqftAED 956/sqftMedian across January 2017up16.5% vs a year earlier
Sale priceAED 1.20MMedian across January 201744% sold off-plan

In a sentence

The Land Department registered 4,468 property sales in January 2017, worth AED 13.80B in total, across 103 communities. That is 12% more than the same month a year earlier.

The median sale was AED 1,196,017 at AED 956/sqft, 16.5% above the same month last year. 44% of sales were off-plan.

Marsa Dubai was the busiest community with 369 registered sales, while Burj Khalifa took the most money at AED 1.49B.

Against the previous month, Burj Khalifa rose 135% to 219 sales, while Al Yelayiss 1 fell 8% to 72.

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 January 2017, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai369+29.5%AED 692.08MAED 1.60MAED 1,721/sqft61%
Al Yufrah 3254+39.6%AED 281.78MAED 1000KAED 824/sqft0%
Al Wasl230+117.0%AED 713.70MAED 2.98MAED 1,679/sqft91%
Al Barshaa South Third225+41.5%AED 295.08MAED 806KAED 1,041/sqft52%
Burj Khalifa219+135.5%AED 1.49BAED 2.51MAED 2,197/sqft65%
Business Bay197-4.4%AED 424.89MAED 1.25MAED 1,324/sqft47%
Nadd Hessa195+7.7%AED 208.74MAED 594KAED 798/sqft34%
Jabal Ali First177+7.3%AED 163.80MAED 565KAED 1,049/sqft65%
Al Barsha South Fourth173+18.5%AED 401.65MAED 658KAED 950/sqft61%
Al Thanyah Fifth166+14.5%AED 284.90MAED 1.10MAED 1,072/sqft9%
Al Hebiah Fourth163+35.8%AED 135.88MAED 713KAED 954/sqft45%
Al Warsan First163+25.4%AED 221.75MAED 455KAED 681/sqft8%
Al Yelayiss 2152+100.0%AED 181.57MAED 1.31MAED 670/sqft100%
Wadi Al Safa 2136+94.3%AED 88.67MAED 467KAED 500/sqft84%
Madinat Al Mataar99+1000.0%AED 160.32MAED 936KAED 724/sqft94%

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
Burj KhalifaAED 1.49B219
Al SatwaAED 1.21B63
Al WaslAED 713.70M230
Marsa DubaiAED 692.08M369
Zaabeel SecondAED 587.11M2
Al Rowaiyah FirstAED 554.05M2
Palm JumeirahAED 464.01M77
Trade Center SecondAED 445.35M4
Business BayAED 424.89M197
Jabal AliAED 421.56M9

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
Burj Khalifa219+135.5%
Al Wasl230+117.0%
Al Yelayiss 2152+100.0%
Wadi Al Safa 2136+94.3%
Al Yufrah 288+46.7%
Al Barsha South Fifth93+45.3%
Al Barshaa South Third225+41.5%
Me'Aisem First82+41.4%
Al Yufrah 3254+39.6%
Al Hebiah Fourth163+35.8%

The largest sales of January 2017

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
9 Jan 2017Zaabeel SecondDowntown Views IIBuildingExisting PropertiesNot specified388,022 sqftAED 1,506/sqftAED 584,323,800
31 Jan 2017Burj Khalifa—DownTown DubaiBuildingExisting PropertiesNot specified275,745 sqftAED 1,813/sqftAED 500,000,000
10 Jan 2017Trade Center Second—BuildingExisting PropertiesNot specified10,000 sqftAED 43,500/sqftAED 435,000,000
17 Jan 2017Burj Khalifa—DownTown DubaiBuildingExisting PropertiesNot specified275,745 sqftAED 1,215/sqftAED 335,000,000
23 Jan 2017Al Rowaiyah First—LandExisting PropertiesNot specified8,441,143 sqftAED 33/sqftAED 277,023,090
23 Jan 2017Al Rowaiyah First—LandExisting PropertiesNot specified10,027,041 sqftAED 28/sqftAED 277,023,090
30 Jan 2017Palm Jumeirah—Palm JumeirahBuildingExisting PropertiesNot specified105,533 sqftAED 1,318/sqftAED 139,045,000
23 Jan 2017Trade Center First—LandExisting PropertiesNot specified10,000 sqftAED 13,622/sqftAED 136,220,000
5 Jan 2017World Islands—The WorldLandExisting PropertiesNot specified688,863 sqftAED 177/sqftAED 121,900,046
24 Jan 2017Business Bay—Business BayLandExisting PropertiesNot specified74,628 sqftAED 1,600/sqftAED 119,406,400

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.