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Monthly report

Dubai property market — June 2017

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

Sales2,472Registered in June 2017down28.4% vs a year earlier
Total valueAED 5.53BRegistered in June 2017Across 91 communities
Price per sqftAED 950/sqftMedian across June 2017up1.3% vs a year earlier
Sale priceAED 1.13MMedian across June 201740% sold off-plan

In a sentence

The Land Department registered 2,472 property sales in June 2017, worth AED 5.53B in total, across 91 communities. That is 28% fewer than the same month a year earlier.

The median sale was AED 1,132,900 at AED 950/sqft, 1.3% above the same month last year. 40% of sales were off-plan.

Marsa Dubai was the busiest community with 212 registered sales, and also took the most money at AED 422.80M.

Against the previous month, Madinat Al Mataar fell 66% to 50.

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 2017, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai212-38.4%AED 422.80MAED 1.62MAED 1,429/sqft28%
Al Barsha South Fourth195-56.3%AED 251.33MAED 757KAED 881/sqft68%
Jabal Ali First194-11.4%AED 152.88MAED 537KAED 1,219/sqft59%
Business Bay170-42.8%AED 358.70MAED 1.26MAED 1,442/sqft54%
Al Hebiah Fourth119-0.8%AED 111.79MAED 576KAED 909/sqft37%
Al Yelayiss 2105-20.5%AED 136.01MAED 1.30MAED 620/sqft100%
Al Thanyah Fifth98-46.4%AED 162.13MAED 1.18MAED 1,030/sqft5%
Al Warsan First93-44.6%AED 95.36MAED 425KAED 687/sqft5%
Al Yufrah 293-62.3%AED 113.30MAED 1.07MAED 850/sqft0%
Me'Aisem First87-34.1%AED 308.07MAED 1.33MAED 966/sqft28%
Al Barsha South Fifth77-36.4%AED 62.81MAED 638KAED 1,189/sqft82%
Nadd Hessa77-34.2%AED 75.53MAED 630KAED 842/sqft14%
Palm Jumeirah72-25.8%AED 408.68MAED 3.00MAED 1,791/sqft25%
Al Barshaa South Third68-43.8%AED 60.70MAED 503KAED 1,068/sqft72%
Burj Khalifa65-44.9%AED 234.57MAED 3.00MAED 2,294/sqft31%

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
Marsa DubaiAED 422.80M212
Palm JumeirahAED 408.68M72
Business BayAED 358.70M170
Me'Aisem FirstAED 308.07M87
Al Barsha South FourthAED 251.33M195
Burj KhalifaAED 234.57M65
MirdifAED 184.49M12
Al Thanyah FifthAED 162.13M98
Jabal Ali FirstAED 152.88M194
Al Yelayiss 2AED 136.01M105

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
Madinat Al Mataar50-66.4%
Al Yufrah 293-62.3%
Al Barsha South Fourth195-56.3%
Al Thanyah Fifth98-46.4%
Burj Khalifa65-44.9%
Al Warsan First93-44.6%
Al Barshaa South Third68-43.8%
Business Bay170-42.8%
Marsa Dubai212-38.4%
Al Yelayiss 153-38.4%

The largest sales of June 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
28 Jun 2017Mirdif—BuildingExisting PropertiesNot specified274,279 sqftAED 408/sqftAED 112,000,000
5 Jun 2017Jabal Ali Industrial SecondSold Without Project for LimitlessDown Town Jabal AliLandExisting PropertiesNot specified56,048 sqftAED 1,483/sqftAED 83,137,200
20 Jun 2017World Islands—The WorldLandExisting PropertiesNot specified471,654 sqftAED 169/sqftAED 79,730,721
19 Jun 2017Business BayMillennium Binghatti Residences Business BayBusiness BayBuildingExisting PropertiesNot specified34,392 sqftAED 1,893/sqftAED 65,087,928
12 Jun 2017Mirdif—BuildingExisting PropertiesNot specified274,279 sqftAED 204/sqftAED 56,000,000
22 Jun 2017Madinat Dubai Almelaheyah—Dubai Maritime CityBuildingExisting PropertiesNot specified247,584 sqftAED 221/sqftAED 54,595,138
8 Jun 2017Business Bay—Business BayLandExisting PropertiesNot specified33,689 sqftAED 1,603/sqftAED 54,000,000
20 Jun 2017Al Barshaa South Second—Dubai Science ParkLandExisting PropertiesNot specified60,555 sqftAED 760/sqftAED 46,000,000
5 Jun 2017Um Ramool—BuildingExisting PropertiesNot specified100,179 sqftAED 458/sqftAED 45,860,037
12 Jun 2017Palm JumeirahCLUB VILLASPalm JumeirahVillaOff-Plan Properties6 B/R17,999 sqftAED 2,477/sqftAED 44,590,000

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.