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Quarterly report

Dubai property market — Q1 2017

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 2017. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales13,484Registered in Q1 2017up13.3% vs a year earlier
Total valueAED 36.81BRegistered in Q1 2017Across 128 communities
Price per sqftAED 966/sqftMedian across Q1 2017up7.7% vs a year earlier
Sale priceAED 1.29MMedian across Q1 201750% sold off-plan

In a sentence

The Land Department registered 13,484 property sales in Q1 2017, worth AED 36.81B in total, across 128 communities. That is 13% more than the same quarter a year earlier.

The median sale was AED 1,288,888 at AED 966/sqft, 7.7% above the same quarter last year. 50% of sales were off-plan.

Marsa Dubai was the busiest community with 919 registered sales, while Burj Khalifa took the most money at AED 2.82B.

Against the previous quarter, Burj Khalifa rose 162% to 631 sales, while Dubai Investment Park Second fell 67% to 74.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 2017, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai919+28.7%AED 1.69BAED 1.53MAED 1,651/sqft47%
Jabal Ali First667+14.8%AED 626.14MAED 645KAED 971/sqft54%
Burj Khalifa631+161.8%AED 2.82BAED 2.55MAED 2,194/sqft74%
Al Yelayiss 2628+99.4%AED 775.87MAED 1.30MAED 648/sqft100%
Wadi Al Safa 7628+1862.5%AED 1.14BAED 1.56MAED 721/sqft92%
Al Barsha South Fourth603+24.1%AED 977.58MAED 726KAED 938/sqft58%
Business Bay602-13.0%AED 1.50BAED 1.19MAED 1,394/sqft48%
Al Khairan First509+6262.5%AED 865.09MAED 1.56MAED 1,450/sqft100%
Hadaeq Sheikh Mohammed Bin Rashid498+1975.0%AED 1.77BAED 2.76MAED 905/sqft58%
Al Thanyah Fifth488-3.2%AED 978.63MAED 1.16MAED 1,068/sqft8%
Al Wasl487+26.5%AED 1.65BAED 3.01MAED 1,459/sqft71%
Al Yufrah 3466-10.6%AED 523.41MAED 1.00MAED 824/sqft0%
Nadd Hessa443-19.3%AED 614.40MAED 600KAED 829/sqft26%
Al Warsan First420-20.3%AED 475.53MAED 430KAED 672/sqft6%
Al Hebiah Fourth417-12.0%AED 361.05MAED 713KAED 953/sqft34%

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 2.82B631
Al SatwaAED 2.52B139
Hadaeq Sheikh Mohammed Bin RashidAED 1.77B498
Marsa DubaiAED 1.69B919
Al WaslAED 1.65B487
Business BayAED 1.50B602
Palm JumeirahAED 1.29B250
Wadi Al Safa 7AED 1.14B628
Zaabeel SecondAED 1.01B209
Al Rowaiyah FirstAED 978.94M5

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Burj Khalifa631+161.8%
Al Yelayiss 2628+99.4%
Al Thanyah First110+86.4%
Al Goze Fourth93+78.8%
Al Barsha South Fifth360+73.1%
Dubai Investment Park Second74-66.8%
Al Barshaa South Third403+64.5%
Wadi Al Safa 2247+63.6%
Al Hebiah First75-56.9%
Dubai Investment Park First113-52.7%

The largest sales of Q1 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
15 Mar 2017Mankhool—BuildingExisting PropertiesNot specified51,526 sqftAED 5,279/sqftAED 272,000,000
22 Feb 2017Al Rowaiyah First—Dubai International Academic CityLandExisting PropertiesNot specified337,819 sqftAED 792/sqftAED 267,552,792
1 Mar 2017Saih Shuaib 3—Dubai Industrial CityLandExisting PropertiesNot specified400,000 sqftAED 634/sqftAED 253,660,897
28 Feb 2017Saih Shuaib 4—Dubai Industrial CityLandExisting PropertiesNot specified2,223,845 sqftAED 88/sqftAED 196,476,794

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.