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Monthly report

Dubai property market — July 2017

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

Sales3,814Registered in July 2017up15.8% vs a year earlier
Total valueAED 7.53BRegistered in July 2017Across 90 communities
Price per sqftAED 1,049/sqftMedian across July 2017down7% vs a year earlier
Sale priceAED 1.13MMedian across July 201753% sold off-plan

In a sentence

The Land Department registered 3,814 property sales in July 2017, worth AED 7.53B in total, across 90 communities. That is 16% more than the same month a year earlier.

The median sale was AED 1,134,150 at AED 1,049/sqft, 7% below the same month last year. 53% of sales were off-plan.

Business Bay was the busiest community with 341 registered sales, while Marsa Dubai took the most money at AED 536.57M.

Against the previous month, Madinat Al Mataar rose 382% to 241 sales, while Al Hebiah Fourth fell 18% to 98.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Business Bay341+100.6%AED 477.50MAED 1.16MAED 1,602/sqft63%
Al Barsha South Fourth292+49.7%AED 313.99MAED 743KAED 960/sqft73%
Marsa Dubai257+21.2%AED 536.57MAED 1.55MAED 1,635/sqft36%
Madinat Al Mataar241+382.0%AED 192.64MAED 790KAED 750/sqft100%
Jabal Ali First191-1.5%AED 171.36MAED 767KAED 980/sqft36%
Al Thanyah Fifth163+66.3%AED 275.99MAED 1.15MAED 1,002/sqft1%
Al Barsha South Fifth143+85.7%AED 106.47MAED 556KAED 1,100/sqft87%
Al Barshaa South Third137+101.5%AED 122.00MAED 525KAED 1,077/sqft93%
Zaabeel Second131—AED 250.30MAED 1.92MAED 1,810/sqft100%
Nadd Hessa126+63.6%AED 438.38MAED 639KAED 857/sqft32%
Hadaeq Sheikh Mohammed Bin Rashid122+3966.7%AED 246.51MAED 1.25MAED 1,305/sqft82%
Al Yelayiss 2120+14.3%AED 137.24MAED 1.24MAED 875/sqft100%
Al Yufrah 2118+26.9%AED 148.48MAED 1.18MAED 863/sqft0%
Al Warsan First104+11.8%AED 112.34MAED 467KAED 723/sqft9%
Al Khairan First100+2400.0%AED 167.91MAED 1.47MAED 1,439/sqft100%

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 536.57M257
Business BayAED 477.50M341
Nadd HessaAED 438.38M126
Palm JumeirahAED 426.19M91
Burj KhalifaAED 400.95M90
Al Barsha South FourthAED 313.99M292
Al Thanyah FifthAED 275.99M163
Zaabeel SecondAED 250.30M131
Hadaeq Sheikh Mohammed Bin RashidAED 246.51M122
Dubai Investment Park SecondAED 230.94M9

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 Mataar241+382.0%
Al Barshaa South Third137+101.5%
Business Bay341+100.6%
Al Barsha South Fifth143+85.7%
Al Thanyah Fifth163+66.3%
Nadd Hessa126+63.6%
Al Barsha South Fourth292+49.7%
Burj Khalifa90+38.5%
Al Yufrah 2118+26.9%
Palm Jumeirah91+26.4%

The largest sales of July 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
31 Jul 2017Dubai Investment Park Second—Dubai Investment Park SecondBuildingExisting PropertiesNot specified635,684 sqftAED 315/sqftAED 200,000,000
10 Jul 2017Nadd Hessa—Silicon OasisBuildingExisting PropertiesNot specified63,644 sqftAED 2,483/sqftAED 158,000,000
10 Jul 2017Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified35,645 sqftAED 2,665/sqftAED 95,000,000
31 Jul 2017Nadd Hessa—Silicon OasisBuildingExisting PropertiesNot specified37,474 sqftAED 2,455/sqftAED 92,000,000
27 Jul 2017Burj Khalifa—DownTown DubaiLandExisting PropertiesNot specified45,000 sqftAED 1,999/sqftAED 89,945,430
10 Jul 2017Nadd Hessa—Silicon OasisBuildingExisting PropertiesNot specified33,906 sqftAED 2,477/sqftAED 84,000,000
20 Jul 2017Jabal Ali Industrial First—BuildingExisting PropertiesNot specified121,058 sqftAED 496/sqftAED 60,000,000
18 Jul 2017Al Thanayah FourthEmirates HillsEmirates LivingLandExisting PropertiesNot specified31,266 sqftAED 1,919/sqftAED 60,000,000
12 Jul 2017Al Bada—VillaExisting PropertiesNot specified76,404 sqftAED 772/sqftAED 59,000,000
10 Jul 2017Palm Jumeirah—Palm JumeirahLandExisting PropertiesNot specified29,093 sqftAED 1,600/sqftAED 46,549,131

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.