Dubai Market Data

Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.

Public records · Dubai Land Department

Compare communitiesLatest reports
All reports

Monthly report

Dubai property market — May 2008

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside May 2008. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales1,902Registered in May 2008up275.1%
Total value13.72BRegistered in May 2008Across 76 communities
Price per sqft589/sqftMedian across May 2008up68.9%
Sale price1.90MMedian across May 20080% sold off-plan

In a sentence

The Land Department registered 1,902 property sales in May 2008, worth AED 13.72B in total, across 76 communities. That is 275% more than the same month a year earlier.

The median sale was AED 1,900,000 at AED 589/sqft, 68.9% above the same month last year. 0% of sales were off-plan.

Al Thanayah Fourth was the busiest community with 422 registered sales, while Burj Khalifa took the most money at AED 2.27B.

Against the previous month, Al Thanayah Fourth rose 26% to 422 sales, while Palm Jumeirah fell 43% to 105.

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 May 2008, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Al Thanayah Fourth422+26.0%1.14B1.60M354/sqft0%
Marsa Dubai421-31.4%761.73M1.10M822/sqft0%
Wadi Al Safa 6214+0.5%595.55M2.22M347/sqft0%
Al Thanyah Third198+20.7%511.56M950K958/sqft1%
Al Ruwayyah162+5.9%511.93M899K125/sqft0%
Palm Jumeirah105-43.2%781.12M4.65M388/sqft0%
Al Warsan First89-29.4%927.46M10.22M855/sqft0%
Burj Khalifa30+172.7%2.27B11.84M1,035/sqft0%
Mirdif23+9.5%174.39M6.40M593/sqft0%
Al Thanyah Fifth18-55.0%116.99M7.55M755/sqft0%
Al Jadaf13-78.7%280.56M17.68M1,500/sqft0%
Jabal Ali13+8.3%99.77M5.80M144/sqft0%
Nad Al Shiba11+175.0%225.39M20.93M450/sqft0%
Al Qusais Industrial Fifth10+11.1%211.54M19.69M1,500/sqft0%
Hor Al Anz10-16.7%64.22M2.83M1,143/sqft0%

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 Khalifa2.27B30
Zaabeel Second1.18B1
Al Thanayah Fourth1.14B422
Al Warsan First927.46M89
Palm Jumeirah781.12M105
Marsa Dubai761.73M421
Trade Center First670.00M2
Wadi Al Safa 6595.55M214
Al Ruwayyah511.93M162
Al Thanyah Third511.56M198

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
Palm Jumeirah105-43.2%
Marsa Dubai421-31.4%
Al Warsan First89-29.4%
Al Thanayah Fourth422+26.0%
Al Thanyah Third198+20.7%
Al Ruwayyah162+5.9%
Wadi Al Safa 6214+0.5%

The largest sales of May 2008

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
29 May 2008Zaabeel SecondAkala Hotels and ResidencesDubai International Financial CenterLandResidential · Existing PropertiesNot specified138,466 sqftAED 8,500/sqftAED 1,176,961,000
12 May 2008Burj Khalifa—Business BayLandResidential · Existing PropertiesNot specified586,391 sqftAED 942/sqftAED 552,441,000
26 May 2008Al Hamriya—BuildingCommercial · Existing PropertiesNot specified63,920 sqftAED 6,571/sqftAED 420,000,000
12 May 2008Burj Khalifa—DownTown DubaiBuildingCommercial · Existing PropertiesNot specified198,934 sqftAED 2,111/sqftAED 420,000,000
1 May 2008Trade Center First—BuildingCommercial · Existing PropertiesNot specified10,000 sqftAED 34,000/sqftAED 340,000,000
20 May 2008Trade Center First—BuildingCommercial · Existing PropertiesNot specified10,000 sqftAED 33,000/sqftAED 330,000,000
12 May 2008Burj Khalifa—DownTown DubaiBuildingCommercial · Existing PropertiesNot specified198,934 sqftAED 1,583/sqftAED 315,000,000
14 May 2008Burj Khalifa—Business BayLandResidential · Existing PropertiesNot specified232,393 sqftAED 1,250/sqftAED 290,493,000
6 May 2008Al Thanyah Third—LandCommercial · Existing PropertiesNot specified28,009 sqftAED 5,784/sqftAED 162,000,000
6 May 2008Al Khawaneej First—LandAgricultural · Existing PropertiesNot specified1,417,618 sqftAED 85/sqftAED 120,000,000

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. Refresh times vary by dataset; records shown here are not a live feed.