Dubai property prices › Month by month › November 2010
The Dubai property market in November 2010
In November 2010 the Dubai Land Department registered 1,107 residential sales worth AED 2.0bn — 47% fewer than in November 2009, when it registered 2,084, and 24% less by value. Most were completed homes: 1,101, against 6 off-plan. A completed home changed hands at a median AED 1.21M, AED 825 a square foot — 17% more a foot than in November 2009.
The month in its year
November 2010 against the twelve months before it
1,107 sales in November 2010, against 2,084 in November 2009. Off-plan was 1% of the month, against 25% a year earlier.
Completed homes
What a completed home sold for in November 2010
Resales of completed homes, by layout — a layout prints at ten sales. Off-plan is kept out: a launch price is a developer’s schedule, not a market, and the month’s off-plan sales have their own line beside the table.
| Layout | Sales | Median price | AED/sqft |
|---|---|---|---|
| Studio | 199 | AED 299K | 630 |
| 1 B/R | 358 | AED 789K | 884 |
| 2 B/R | 293 | AED 1.52M | 1,093 |
| 3 B/R | 149 | AED 2.18M | 899 |
| 4 B/R | 23 | AED 3.20M | 1,025 |
Medians of what buyers paid at transfer, never an asking price. Each is a month’s sales, so a layout’s figure moves with which buildings happened to sell as well as with prices; the year-long reading of the same register is on Dubai property prices.
- Registration days
- 15, 1 November to 30 November. The busiest was 29 November: 139 sales, AED 222m.
- Off-plan
- 6 sales at a median AED 956 a square foot — its own line, never blended into the completed-home medians.
- Villas
- 134 of the 1,107, as the register files them. A house sold with its plot is filed as land and is not counted here.
- Payment plans
- 163 registered under the Land Department’s payment-plan and delayed-sale procedures.
Where the sales were
The busiest communities, and the dearest
The communities with the most sales registered in November, launches and resales together; beside them the dearest, by the median price of a square foot of completed home at ten resales or more.
| Busiest community | Sales | Off-plan | Completed AED/sqft |
|---|---|---|---|
| Downtown Dubai | 177 | 0 | 2,152 |
| Dubai Marina | 148 | 3 | 1,034 |
| International City | 141 | 0 | 392 |
| Jumeirah Lake Towers | 97 | 0 | 768 |
| Palm Jumeirah | 87 | 0 | 1,326 |
| Dubai Sports City | 50 | 0 | 1,212 |
| Greens | 44 | 0 | 831 |
| Business Bay | 42 | 0 | 964 |
| Barsha Heights (Tecom) | 39 | 0 | 892 |
| Jumeirah Village Circle | 32 | 0 | 638 |
| The Springs | 31 | 0 | 519 |
| The Views | 25 | 1 | 903 |
| Jumeirah Beach Residence | 24 | 0 | 802 |
| Discovery Gardens | 21 | 0 | 526 |
| Motor City | 11 | 0 | 699 |
| Dearest community | AED/sqft | Resales |
|---|---|---|
| Downtown Dubai | 2,152 | 177 |
| Palm Jumeirah | 1,326 | 87 |
| Dubai Sports City | 1,212 | 50 |
| Dubai Marina | 1,034 | 145 |
| Business Bay | 964 | 42 |
| The Views | 903 | 24 |
| Barsha Heights (Tecom) | 892 | 39 |
| Greens | 831 | 44 |
| Jumeirah Beach Residence | 802 | 24 |
| Jumeirah Lake Towers | 768 | 97 |
A community counts the sales of every building and villa project in it that has a page here. A sale the register files where we have no page — a plot, a tower not yet placed — is in the month’s total and in neither table. The busiest table’s price is completed homes only, so a community that sold nothing but launches has none; the dearest table ranks completed homes alone.
Buildings
The busiest towers in November 2010
The 15 buildings with the most sales registered in November, each linking its own recorded history.
| Building | Sales | Off-plan | AED/sqft | |
|---|---|---|---|---|
| 1 | Burj KhalifaDowntown Dubai | 77 | 0 | 2,479 |
| 2 | The DiamondDubai Sports City | 46 | 0 | 1,213 |
| 3 | Madison ResidencyBarsha Heights (Tecom) | 39 | 0 | 892 |
| 4 | Dubai Marina Mall HotelDubai Marina | 32 | 0 | 3,070 |
| 5 | Building U15International City | 30 | 0 | 411 |
| 6 | Emirates Gardens 1 - G2Jumeirah Village Circle | 25 | 0 | 631 |
| 7 | Green Lakes Towers 1Jumeirah Lake Towers | 16 | 0 | 768 |
| 8 | New Dubai Gate 1Jumeirah Lake Towers | 15 | 0 | 734 |
| 9 | Marina Residences 3Palm Jumeirah | 14 | 0 | 1,361 |
| 10 | Marina Residences 6Palm Jumeirah | 13 | 0 | 1,192 |
| 11 | Dream TowerDubai Marina | 11 | 0 | 607 |
| 12 | Marina Residences 4Palm Jumeirah | 10 | 0 | 1,474 |
| 13 | Marina HeightsDubai Marina | 10 | 0 | 1,071 |
| 14 | Green Lakes Towers 2Jumeirah Lake Towers | 10 | 0 | 820 |
| 15 | West Heights 1Business Bay | 10 | 0 | 899 |
Every sale the tower registered in the month. The price is its median a square foot where it sold one kind of home — off-plan or completed — and a dash where it sold both, because the two are never averaged together.
The record sales
The dearest homes registered in November 2010
The dearest was an AED 14M completed two-bedroom home at Burj Khalifa, Downtown Dubai — 2,008 sq ft at AED 7,177 a square foot, registered on 11 November.
| Registered | Home | Layout | Sq ft | Price | AED/sqft | Sold |
|---|---|---|---|---|---|---|
| 11 Nov 2010 | Burj KhalifaDowntown Dubai | 2 B/R | 2,008 | AED 14M | 7,177 | Completed |
| 2 Nov 2010 | Burj KhalifaDowntown Dubai | 3 B/R | 2,333 | AED 14M | 5,952 | Completed |
| 4 Nov 2010 | Marina Residences 4Palm Jumeirah | 4 B/R | 10,254 | AED 13M | 1,262 | Completed |
| 8 Nov 2010 | Burj KhalifaDowntown Dubai | 2 B/R | 1,968 | AED 13M | 6,534 | Completed |
| 8 Nov 2010 | Burj KhalifaDowntown Dubai | 2 B/R | 1,639 | AED 12M | 7,532 | Completed |
| 2 Nov 2010 | Burj KhalifaDowntown Dubai | 3 B/R | 2,728 | AED 12M | 4,465 | Completed |
| 11 Nov 2010 | Al Bahar ResidencesDowntown Dubai | 3 B/R | 4,984 | AED 12M | 2,427 | Completed |
| 30 Nov 2010 | Marina Residences 4Palm Jumeirah | 4 B/R | 6,820 | AED 11M | 1,646 | Completed |
| 29 Nov 2010 | Burj KhalifaDowntown Dubai | 2 B/R | 1,716 | AED 9.99M | 5,821 | Completed |
| 3 Nov 2010 | Burj KhalifaDowntown Dubai | 1 B/R | 1,133 | AED 9.06M | 7,997 | Completed |
Apartments and villas as the register files them. A house registered with its plot is filed as land, so a mansion can be missing here; it is read apart, with every year’s record since 2015, on the most expensive homes sold in Dubai. A home with no page here is named by the Land Department’s area.
Questions people ask
The Dubai property market in November 2010, answered
How many properties were sold in Dubai in November 2010?
1,107 residential sales were registered at the Dubai Land Department in November 2010, worth AED 2.0bn: 6 off-plan and 1,101 completed homes. That is 47% fewer than in November 2009, when 2,084 were registered. The count is of transfers the Land Department registered in the month; mortgage registrations, gifts, lease-to-own conversions, developers' own filings and transfers recorded at a fraction of what a home sells for are left out, because none of them is a price a buyer paid.
What was the most expensive home sold in Dubai in November 2010?
The dearest apartment or villa registered was an AED 14M completed two-bedroom home at Burj Khalifa, Downtown Dubai — 2,008 sq ft at AED 7,177 a square foot, registered on 11 November. Next came AED 14M at Burj Khalifa, Downtown Dubai, and AED 13M at Marina Residences 4, Palm Jumeirah. A house registered with its plot is filed as land rather than as a villa, so it is read apart, on the page for the most expensive homes sold in Dubai.
Which area of Dubai had the most property sales in November 2010?
Downtown Dubai, with 177 registered sales, 177 of them completed homes; then Dubai Marina (148) and International City (141). The dearest, by the median price of a square foot of completed home, was Downtown Dubai at AED 2,152 across 177 resales. A community counts every building and villa project in it that has a page here.
The same register read as a year rather than a month: what every community and building sells for now is Dubai property prices, and how far prices have moved since 2020 is the Dubai property price index. Rents are read from the Ejari register as a year, with a new lease kept apart from a renewal, on Dubai rent prices.