Dubai property prices › Month by month › September 2013
The Dubai property market in September 2013
In September 2013 the Dubai Land Department registered 4,344 residential sales worth AED 6.7bn — 136% more than in September 2012, when it registered 1,837, and 156% more by value. Most were completed homes: 3,403, against 941 off-plan. A completed home changed hands at a median AED 1.05M, AED 899 a square foot — 8% more a foot than in September 2012.
The month in its year
September 2013 against the twelve months before it
4,344 sales in September 2013 — the most in a month since March 2010, against 1,837 in September 2012. Off-plan was 22% of the month, against 13% a year earlier.
Completed homes
What a completed home sold for in September 2013
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 | 585 | AED 403K | 869 |
| 1 B/R | 1,293 | AED 819K | 955 |
| 2 B/R | 817 | AED 1.36M | 952 |
| 3 B/R | 345 | AED 2.60M | 1,003 |
| 4 B/R | 27 | AED 3.80M | 982 |
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
- 20, 2 September to 30 September. The busiest was 30 September: 721 sales, AED 953m.
- Off-plan
- 941 sales at a median AED 866 a square foot — its own line, never blended into the completed-home medians.
- Villas
- 405 of the 4,344, as the register files them. A house sold with its plot is filed as land and is not counted here.
- Payment plans
- 305 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 September, 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 |
|---|---|---|---|
| Jumeirah Village Circle | 541 | 370 | 826 |
| Dubai Marina | 467 | 39 | 1,348 |
| Downtown Dubai | 459 | 76 | 1,879 |
| Business Bay | 373 | 56 | 1,086 |
| Jumeirah Lake Towers | 331 | 55 | 1,028 |
| Dubai Sports City | 266 | 59 | 756 |
| Motor City | 212 | 0 | 600 |
| International City | 210 | 0 | 626 |
| Remraam | 182 | 0 | 846 |
| Dubai Production City (IMPZ) | 142 | 34 | 917 |
| Palm Jumeirah | 101 | 14 | 1,583 |
| Al Furjan | 90 | 43 | 829 |
| Discovery Gardens | 89 | 0 | 682 |
| Greens | 87 | 33 | 1,275 |
| Damac Hills | 81 | 33 | 708 |
| Dearest community | AED/sqft | Resales |
|---|---|---|
| Downtown Dubai | 1,879 | 383 |
| Palm Jumeirah | 1,583 | 87 |
| The Views | 1,366 | 35 |
| Dubai Marina | 1,348 | 428 |
| Greens | 1,275 | 54 |
| Jumeirah Beach Residence | 1,213 | 64 |
| Dubai Festival City | 1,177 | 10 |
| Business Bay | 1,086 | 317 |
| Jumeirah Lake Towers | 1,028 | 276 |
| Dubai Production City (IMPZ) | 917 | 108 |
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 September 2013
The 15 buildings with the most sales registered in September, each linking its own recorded history.
| Building | Sales | Off-plan | AED/sqft | |
|---|---|---|---|---|
| 1 | Windsor ManorBusiness Bay | 124 | 0 | 600 |
| 2 | Diamond Views 3Jumeirah Village Circle | 118 | all | 841 |
| 3 | Diamond Views 4Jumeirah Village Circle | 115 | all | 771 |
| 4 | BD Standpoint ADowntown Dubai | 94 | 2 | — |
| 5 | Elite Sports Residence 6Dubai Sports City | 81 | 4 | — |
| 6 | Al Thamam 04Remraam | 57 | 0 | 906 |
| 7 | Shakespeare Sircus 3Motor City | 56 | 0 | 600 |
| 8 | BD Standpoint BDowntown Dubai | 56 | 0 | 2,046 |
| 9 | Barton House 2Motor City | 54 | 0 | 600 |
| 10 | The Residences at Business CentralBusiness Bay | 54 | 0 | 1,272 |
| 11 | Diamond Views 1Jumeirah Village Circle | 52 | 45 | — |
| 12 | New Dubai Gate 2Jumeirah Lake Towers | 52 | all | 1,002 |
| 13 | Elite Sports Residence 4Dubai Sports City | 50 | 0 | 838 |
| 14 | Al Thamam 15Remraam | 48 | 0 | 841 |
| 15 | Avenue Residence 1Al Furjan | 43 | all | 770 |
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 September 2013
The dearest was an AED 33M off-plan five-bedroom home in the Land Department's Palm Jumeirah area — 12,483 sq ft at AED 2,660 a square foot, registered on 24 September.
| Registered | Home | Layout | Sq ft | Price | AED/sqft | Sold |
|---|---|---|---|---|---|---|
| 24 Sept 2013 | Palm Jumeirah | 5 B/R | 12,483 | AED 33M | 2,660 | Off-plan |
| 24 Sept 2013 | Palm Jumeirah | 4 B/R | 5,954 | AED 15M | 2,600 | Off-plan |
| 2 Sept 2013 | Palm Jumeirah | 4 B/R | 5,469 | AED 13M | 2,450 | Off-plan |
| 24 Sept 2013 | Palm Jumeirah | 4 B/R | 5,469 | AED 13M | 2,375 | Off-plan |
| 24 Sept 2013 | Palm Jumeirah | 4 B/R | 4,166 | AED 11M | 2,750 | Off-plan |
| 10 Sept 2013 | Al Anber | 3 B/R | 4,590 | AED 11M | 2,342 | Completed |
| 10 Sept 2013 | Burj KhalifaDowntown Dubai | 3 B/R | 2,728 | AED 11M | 3,911 | Completed |
| 24 Sept 2013 | The Fairmont Palm Residence SouthPalm Jumeirah | 3 B/R | 4,229 | AED 9.70M | 2,294 | Completed |
| 12 Sept 2013 | Burj KhalifaDowntown Dubai | 2 B/R | 2,388 | AED 9.53M | 3,993 | Completed |
| 25 Sept 2013 | Princess TowerDubai Marina | 5 B/R | 6,147 | AED 9.45M | 1,537 | 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 September 2013, answered
How many properties were sold in Dubai in September 2013?
4,344 residential sales were registered at the Dubai Land Department in September 2013, worth AED 6.7bn: 941 off-plan and 3,403 completed homes. That is 136% more than in September 2012, when 1,837 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 September 2013?
The dearest apartment or villa registered was an AED 33M off-plan five-bedroom home in the Land Department's Palm Jumeirah area — 12,483 sq ft at AED 2,660 a square foot, registered on 24 September. Next came AED 15M in the Land Department's Palm Jumeirah area, and AED 13M in the Land Department's Palm Jumeirah area. 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 September 2013?
Jumeirah Village Circle, with 541 registered sales, 370 of them off-plan; then Dubai Marina (467) and Downtown Dubai (459). The dearest, by the median price of a square foot of completed home, was Downtown Dubai at AED 1,879 across 383 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.