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Monthly report

Dubai property market — January 1998

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 1998. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales24Registered in January 1998
Total valueAED 89.30MRegistered in January 1998Across 13 communities
Price per sqftAED 222/sqftMedian across January 1998
Sale priceAED 1.70MMedian across January 19980% sold off-plan

In a sentence

The Land Department registered 24 property sales in January 1998, worth AED 89.30M in total, across 13 communities.

The median sale was AED 1,695,530 at AED 222/sqft. 0% of sales were off-plan.

Um Suqaim was the busiest community with 5 registered sales, and also took the most money at AED 25.90M.

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 January 1998, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Um Suqaim5-50.0%AED 25.90MAED 1.34MAED 90/sqft0%
Jumeirah3-25.0%AED 5.09MAED 1.69MAED 140/sqft0%
Al Baraha2—AED 7.67MAED 3.84MAED 923/sqft0%
Al Qusais Old2+100.0%AED 3.84MAED 1.92MAED 134/sqft0%
Al-Safiyyah2—AED 2.25MAED 1.13MAED 495/sqft0%
Hor Al Anz East20.0%AED 3.07MAED 1.53MAED 224/sqft0%
Port Saeed2+100.0%AED 22.16MAED 11.08MAED 1,100/sqft0%
Al Bada1—AED 730KAED 730KAED 203/sqft0%
Al Barsha10.0%AED 4.66MAED 4.66MAED 270/sqft0%
Al Hamriya10.0%AED 10.00MAED 10.00MAED 684/sqft0%
Al Satwa10.0%AED 470KAED 470KAED 188/sqft0%
Al Suq Al Kabeer1—AED 2.50MAED 2.50MAED 2,306/sqft0%
Mirdif1-66.7%AED 970KAED 970KAED 129/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
Um SuqaimAED 25.90M5
Port SaeedAED 22.16M2
Al HamriyaAED 10.00M1
Al BarahaAED 7.67M2
JumeirahAED 5.09M3
Al BarshaAED 4.66M1
Al Qusais OldAED 3.84M2
Hor Al Anz EastAED 3.07M2
Al Suq Al KabeerAED 2.50M1
Al-SafiyyahAED 2.25M2

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

The largest sales of January 1998

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
5 Jan 1998Um Suqaim—LandExisting PropertiesNot specified203,600 sqftAED 100/sqftAED 20,360,000
7 Jan 1998Port Saeed—LandExisting PropertiesNot specified11,555 sqftAED 1,100/sqftAED 12,710,500
26 Jan 1998Al Hamriya—BuildingExisting PropertiesNot specified14,614 sqftAED 684/sqftAED 10,000,000
7 Jan 1998Port Saeed—BuildingExisting PropertiesNot specified8,588 sqftAED 1,100/sqftAED 9,446,800
28 Jan 1998Al Baraha—BuildingExisting PropertiesNot specified6,825 sqftAED 875/sqftAED 5,971,875
12 Jan 1998Al Barsha—LandExisting PropertiesNot specified17,250 sqftAED 270/sqftAED 4,657,500
6 Jan 1998Al Qusais Old—LandExisting PropertiesNot specified14,230 sqftAED 240/sqftAED 3,415,200
21 Jan 1998Hor Al Anz East—LandExisting PropertiesNot specified10,700 sqftAED 243/sqftAED 2,600,000
12 Jan 1998Al Suq Al Kabeer—BuildingExisting PropertiesNot specified1,084 sqftAED 2,306/sqftAED 2,500,000
12 Jan 1998Um Suqaim—LandExisting PropertiesNot specified20,266 sqftAED 120/sqftAED 2,431,920

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.