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Monthly report

Dubai property market — April 2017

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

Sales4,447Registered in April 2017up17% vs a year earlier
Total valueAED 11.64BRegistered in April 2017Across 94 communities
Price per sqftAED 1,000/sqftMedian across April 2017up2.9% vs a year earlier
Sale priceAED 1.20MMedian across April 201744% sold off-plan

In a sentence

The Land Department registered 4,447 property sales in April 2017, worth AED 11.64B in total, across 94 communities. That is 17% more than the same month a year earlier.

The median sale was AED 1,200,000 at AED 1,000/sqft, 2.9% above the same month last year. 44% of sales were off-plan.

Marsa Dubai was the busiest community with 343 registered sales, while Palm Jumeirah took the most money at AED 691.78M.

Against the previous month, Al Yufrah 2 rose 186% to 229 sales, while Wadi Al Safa 7 fell 64% to 102.

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 2017, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai343+7.5%AED 678.27MAED 1.60MAED 1,740/sqft44%
Jabal Ali First276-2.8%AED 276.48MAED 540KAED 1,234/sqft67%
Al Barsha South Fourth272+10.6%AED 337.67MAED 732KAED 939/sqft72%
Business Bay241+7.6%AED 431.58MAED 1.07MAED 1,405/sqft47%
Al Yufrah 2229+186.3%AED 274.08MAED 1.05MAED 828/sqft0%
Al Warsan First172+10.3%AED 479.37MAED 430KAED 691/sqft6%
Al Khairan First162+35.0%AED 258.53MAED 1.51MAED 1,423/sqft100%
Al Barsha First158+7800.0%AED 182.65MAED 1.07MAED 1,298/sqft0%
Al Barsha South Fifth1410.0%AED 303.94MAED 630KAED 1,099/sqft84%
Al Yelayiss 2141-42.7%AED 176.27MAED 1.30MAED 646/sqft100%
Al Barshaa South Third136+106.1%AED 119.61MAED 583KAED 1,128/sqft91%
Al Yufrah 3131+35.1%AED 161.88MAED 1.15MAED 828/sqft0%
Al Thanyah Fifth127-27.8%AED 212.08MAED 1.15MAED 1,108/sqft4%
Hadaeq Sheikh Mohammed Bin Rashid122-35.4%AED 520.05MAED 3.61MAED 848/sqft25%
Me'Aisem First119+38.4%AED 505.12MAED 668KAED 987/sqft44%

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
Palm JumeirahAED 691.78M113
Marsa DubaiAED 678.27M343
Hadaeq Sheikh Mohammed Bin RashidAED 520.05M122
Me'Aisem FirstAED 505.12M119
Al WaslAED 496.84M90
Jabal Ali Industrial FirstAED 494.94M55
Al Warsan FirstAED 479.37M172
BukadraAED 445.45M5
Business BayAED 431.58M241
Burj KhalifaAED 417.12M112

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
Al Yufrah 2229+186.3%
Al Barshaa South Third136+106.1%
Wadi Al Safa 7102-63.6%
Zaabeel Second69-60.6%
Al Wasl90-47.1%
Madinat Al Mataar111-45.6%
Al Yelayiss 2141-42.7%
Me'Aisem First119+38.4%
Hadaeq Sheikh Mohammed Bin Rashid122-35.4%
Al Yufrah 3131+35.1%

The largest sales of April 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
3 Apr 2017Al Warsan First—WARSAN FIRST DEVELOPMENTLandExisting PropertiesNot specified570,487 sqftAED 600/sqftAED 342,292,800
12 Apr 2017Palm JumeirahSix Senses Residences The Palm, DubaiPalm JumeirahLandExisting PropertiesNot specified511,190 sqftAED 446/sqftAED 227,984,292
26 Apr 2017BukadraThe Caden By PrescottLandExisting PropertiesNot specified29,296 sqftAED 4,681/sqftAED 137,125,248
17 Apr 2017Al Barsha South Fifth—Jumeirah Village TriangleBuildingExisting PropertiesNot specified47,412 sqftAED 2,257/sqftAED 107,000,000
24 Apr 2017Al Aweer Second—BuildingExisting PropertiesNot specified3,847,479 sqftAED 26/sqftAED 100,000,000
13 Apr 2017Al Murqabat—BuildingExisting PropertiesNot specified13,053 sqftAED 7,508/sqftAED 98,000,000
17 Apr 2017Burj KhalifaInaura Hotels & ResidencesDownTown DubaiLandExisting PropertiesNot specified36,345 sqftAED 2,614/sqftAED 95,000,000
26 Apr 2017Bukadra—LandExisting PropertiesNot specified29,956 sqftAED 3,090/sqftAED 92,555,377
26 Apr 2017BukadraAyaan Heights ILandExisting PropertiesNot specified28,903 sqftAED 3,093/sqftAED 89,411,882
11 Apr 2017Palm JumeirahOCEAN BREEZEPalm JumeirahVillaExisting PropertiesNot specified14,451 sqftAED 5,827/sqftAED 84,200,000

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.