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Monthly report

Dubai property market — September 2017

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

Sales2,728Registered in September 2017up21.8% vs a year earlier
Total valueAED 7.93BRegistered in September 2017Across 92 communities
Price per sqftAED 1,034/sqftMedian across September 2017up10.4% vs a year earlier
Sale priceAED 1.31MMedian across September 201753% sold off-plan

In a sentence

The Land Department registered 2,728 property sales in September 2017, worth AED 7.93B in total, across 92 communities. That is 22% more than the same month a year earlier.

The median sale was AED 1,307,888 at AED 1,034/sqft, 10.4% above the same month last year. 53% of sales were off-plan.

Hadaeq Sheikh Mohammed Bin Rashid was the busiest community with 292 registered sales, while Wadi Al Safa 4 took the most money at AED 850.00M.

Against the previous month, Al Barshaa South Third rose 57% to 83 sales, while Jabal Ali First fell 60% to 68.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Hadaeq Sheikh Mohammed Bin Rashid292-5.2%AED 709.89MAED 2.15MAED 1,133/sqft80%
Marsa Dubai213-7.4%AED 771.31MAED 1.61MAED 1,522/sqft45%
Madinat Al Mataar189-55.2%AED 173.07MAED 699KAED 768/sqft89%
Business Bay186-58.5%AED 332.32MAED 1.15MAED 1,300/sqft61%
Burj Khalifa173-36.2%AED 463.44MAED 2.31MAED 2,097/sqft74%
Al Barsha South Fourth147-59.4%AED 273.05MAED 855KAED 925/sqft58%
Al Hebiah Fourth110+15.8%AED 105.78MAED 680KAED 963/sqft61%
Al Warsan First107-34.4%AED 63.38MAED 420KAED 713/sqft5%
Al Khairan First86-50.6%AED 175.10MAED 1.84MAED 1,550/sqft100%
Al Barshaa South Third83+56.6%AED 88.15MAED 543KAED 1,091/sqft87%
Al Thanyah Fifth83-31.4%AED 142.44MAED 1.15MAED 1,036/sqft4%
Al Yelayiss 281-12.9%AED 90.47MAED 1.15MAED 931/sqft100%
Jabal Ali First68-60.2%AED 69.31MAED 728KAED 982/sqft40%
Al Yufrah 261-22.8%AED 82.86MAED 1.26MAED 850/sqft0%
Nadd Hessa59-20.3%AED 88.33MAED 600KAED 825/sqft2%

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
Wadi Al Safa 4AED 850.00M1
Marsa DubaiAED 771.31M213
Hadaeq Sheikh Mohammed Bin RashidAED 709.89M292
Burj KhalifaAED 463.44M173
Al MerkadhAED 401.35M36
Business BayAED 332.32M186
Palm JumeirahAED 312.92M47
Al Barsha South FourthAED 273.05M147
Jabal Ali Industrial FirstAED 217.24M19
Al JadafAED 202.65M27

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
Jabal Ali First68-60.2%
Al Barsha South Fourth147-59.4%
Business Bay186-58.5%
Al Barshaa South Third83+56.6%
Madinat Al Mataar189-55.2%
Zaabeel Second50-52.4%
Al Khairan First86-50.6%
Burj Khalifa173-36.2%
Al Warsan First107-34.4%
Al Barsha South Fifth54-33.3%

The largest sales of September 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
27 Sept 2017Wadi Al Safa 4—Global VillageBuildingExisting PropertiesNot specified2,200,011 sqftAED 386/sqftAED 850,000,000
20 Sept 2017Marsa DubaiBEACH VISTADubai HarbourBuildingExisting PropertiesNot specified68,889 sqftAED 5,109/sqftAED 351,973,758
7 Sept 2017Al Merkadh—SOBHA HARTLANDBuildingExisting PropertiesNot specified196,890 sqftAED 855/sqftAED 168,250,000
11 Sept 2017Palm JumeirahONE AT PALM JUMEIRAHPalm JumeirahFlatOff-Plan Properties5 B/R29,994 sqftAED 3,401/sqftAED 102,000,000
11 Sept 2017Al Qusais Industrial Third—LandExisting PropertiesNot specified23,908 sqftAED 4,183/sqftAED 100,000,000
28 Sept 2017Al Warqa Fourth—LandExisting PropertiesNot specified252,278 sqftAED 381/sqftAED 96,017,848
18 Sept 2017Business Bay77SBusiness BayBuildingExisting PropertiesNot specified56,700 sqftAED 1,400/sqftAED 79,379,887
19 Sept 2017Al Barsha South FourthPARK SQUAREJumeirah Village CircleVillaExisting PropertiesNot specified24,945 sqftAED 2,606/sqftAED 65,000,000
20 Sept 2017Al Hebiah First—Motor CityLandExisting PropertiesNot specified77,663 sqftAED 708/sqftAED 55,000,000
12 Sept 2017Wadi Al Safa 3—Mohammed Bin Rashid AL Maktoum District 11LandExisting PropertiesNot specified182,135 sqftAED 275/sqftAED 50,087,125

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.