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Quarterly report

Dubai property market — Q2 2017

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q2 2017. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales11,252Registered in Q2 2017up4.5% vs a year earlier
Total valueAED 27.74BRegistered in Q2 2017Across 135 communities
Price per sqftAED 970/sqftMedian across Q2 2017up1.1% vs a year earlier
Sale priceAED 1.17MMedian across Q2 201742% sold off-plan

In a sentence

The Land Department registered 11,252 property sales in Q2 2017, worth AED 27.74B in total, across 135 communities. That is 4% more than the same quarter a year earlier.

The median sale was AED 1,173,888 at AED 970/sqft, 1.1% above the same quarter last year. 42% of sales were off-plan.

Al Barsha South Fourth was the busiest community with 913 registered sales, while Palm Jumeirah took the most money at AED 1.80B.

Against the previous quarter, Al Yufrah 2 rose 159% to 569 sales, while Hadaeq Sheikh Mohammed Bin Rashid fell 72% to 137.

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 Q2 2017, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Barsha South Fourth913+51.4%AED 1.08BAED 750KAED 930/sqft72%
Marsa Dubai899-2.2%AED 1.73BAED 1.60MAED 1,622/sqft36%
Business Bay708+17.6%AED 1.24BAED 1.19MAED 1,450/sqft55%
Jabal Ali First689+3.3%AED 725.16MAED 546KAED 1,220/sqft64%
Al Yufrah 2569+158.6%AED 688.96MAED 1.07MAED 847/sqft0%
Al Warsan First433+3.1%AED 707.53MAED 450KAED 692/sqft7%
Al Thanyah Fifth408-16.4%AED 630.05MAED 1.09MAED 1,031/sqft5%
Al Yelayiss 2378-39.8%AED 468.30MAED 1.29MAED 660/sqft100%
Al Hebiah Fourth355-14.9%AED 368.04MAED 620KAED 936/sqft37%
Al Barsha South Fifth339-5.8%AED 493.21MAED 641KAED 1,155/sqft82%
Me'Aisem First338+39.1%AED 1.12BAED 863KAED 979/sqft31%
Al Barshaa South Third325-19.4%AED 277.90MAED 515KAED 1,081/sqft85%
Madinat Al Mataar310-10.4%AED 398.20MAED 928KAED 743/sqft96%
Nadd Hessa306-30.9%AED 440.04MAED 620KAED 828/sqft21%
Burj Khalifa295-53.2%AED 1.06BAED 2.28MAED 2,062/sqft39%

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 1.80B282
Marsa DubaiAED 1.73B899
Business BayAED 1.24B708
Me'Aisem FirstAED 1.12B338
Al Barsha South FourthAED 1.08B913
Burj KhalifaAED 1.06B295
Al WaslAED 762.70M160
Dubai Investment Park SecondAED 747.64M71
Jabal Ali Industrial FirstAED 744.67M79
Jabal Ali FirstAED 725.16M689

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
Al Yufrah 2569+158.6%
Hadaeq Sheikh Mohammed Bin Rashid137-72.5%
Wadi Al Safa 3100-69.3%
Al Wasl160-67.1%
Al Khairan First176-65.4%
Zaabeel Second75-64.1%
Wadi Al Safa 7229-63.5%
Burj Khalifa295-53.2%
Wadi Al Safa 2118-52.2%
Al Barsha South Fourth913+51.4%

The largest sales of Q2 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 FirstWARSAN FIRST DEVELOPMENTLandExisting PropertiesNot specified570,487 sqftAED 600/sqftAED 342,292,800
10 May 2017Palm JumeirahOCEAN HOUSEPalm JumeirahLandExisting PropertiesNot specified120,327 sqftAED 2,718/sqftAED 327,000,000
12 Apr 2017Palm JumeirahSix Senses Residences The Palm, DubaiPalm JumeirahLandExisting PropertiesNot specified511,190 sqftAED 446/sqftAED 227,984,292
1 May 2017Al MerkadhSOBHA HARTLANDBuildingExisting PropertiesNot specified196,890 sqftAED 855/sqftAED 168,250,000
26 Apr 2017BukadraThe Caden By PrescottLandExisting PropertiesNot specified29,296 sqftAED 4,681/sqftAED 137,125,248
29 May 2017Dubai Investment Park SecondDubai Investment Park SecondBuildingExisting PropertiesNot specified510,695 sqftAED 245/sqftAED 125,000,000
29 May 2017Wadi Al Safa 5Dubai Land Residence ComplexLandExisting PropertiesNot specified29,992 sqftAED 4,001/sqftAED 120,000,000
23 May 2017Al JadafFarhad Azizi ResidenceDubai Health Care City Phase 2BuildingExisting PropertiesNot specified86,392 sqftAED 1,364/sqftAED 117,830,753
28 Jun 2017MirdifBuildingExisting PropertiesNot specified274,279 sqftAED 408/sqftAED 112,000,000
17 Apr 2017Al Barsha South FifthJumeirah Village TriangleBuildingExisting PropertiesNot specified47,412 sqftAED 2,257/sqftAED 107,000,000

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.