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Monthly report

Dubai property market — February 1998

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

Sales40Registered in February 1998
Total valueAED 165.54MRegistered in February 1998Across 18 communities
Price per sqftAED 125/sqftMedian across February 1998
Sale priceAED 1.25MMedian across February 19980% sold off-plan

In a sentence

The Land Department registered 40 property sales in February 1998, worth AED 165.54M in total, across 18 communities.

The median sale was AED 1,250,000 at AED 125/sqft. 0% of sales were off-plan.

Um Suqaim was the busiest community with 9 registered sales, while Hor Al Anz East took the most money at AED 58.51M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Um Suqaim9+80.0%AED 12.75MAED 959KAED 93/sqft0%
Mirdif7+600.0%AED 3.28MAED 340KAED 34/sqft0%
Hor Al Anz East4+100.0%AED 58.51MAED 2.48MAED 285/sqft0%
Al Satwa3+200.0%AED 3.25MAED 550KAED 219/sqft0%
Al Barsha2+100.0%AED 8.72MAED 4.36MAED 168/sqft0%
Al Qusais Old20.0%AED 4.23MAED 2.12MAED 163/sqft0%
Jumeirah2-33.3%AED 3.80MAED 1.90MAED 104/sqft0%
Al Asbaq1—AED 1.20MAED 1.20MAED 289/sqft0%
Al Garhoud1—AED 44.28MAED 44.28MAED 300/sqft0%
Al Karama1—AED 2.20MAED 2.20MAED 484/sqft0%
Al Khawaneej1—AED 7.00MAED 7.00MAED 10/sqft0%
Al Mamzer1—AED 5.00MAED 5.00MAED 125/sqft0%
Al-Murar Jadeed1—AED 4.40MAED 4.40MAED 1,707/sqft0%
Al Murqabat1—AED 2.68MAED 2.68MAED 550/sqft0%
Al Raffa1—AED 1.50MAED 1.50MAED 389/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
Hor Al Anz EastAED 58.51M4
Al GarhoudAED 44.28M1
Um SuqaimAED 12.75M9
Al BarshaAED 8.72M2
Al KhawaneejAED 7.00M1
Al MamzerAED 5.00M1
Al-Murar JadeedAED 4.40M1
Al Qusais OldAED 4.23M2
JumeirahAED 3.80M2
MirdifAED 3.28M7

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 February 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
25 Feb 1998Hor Al Anz East—BuildingExisting PropertiesNot specified151,600 sqftAED 350/sqftAED 53,060,000
18 Feb 1998Al Garhoud—LandExisting PropertiesNot specified147,600 sqftAED 300/sqftAED 44,280,000
23 Feb 1998Al Barsha—LandExisting PropertiesNot specified27,131 sqftAED 305/sqftAED 8,274,955
23 Feb 1998Al Khawaneej—LandExisting PropertiesNot specified675,741 sqftAED 10/sqftAED 7,000,000
25 Feb 1998Al Mamzer—VillaExisting PropertiesNot specified40,000 sqftAED 125/sqftAED 5,000,000
11 Feb 1998Al-Murar Jadeed—LandExisting PropertiesNot specified2,578 sqftAED 1,707/sqftAED 4,400,000
16 Feb 1998Hor Al Anz East—LandExisting PropertiesNot specified15,000 sqftAED 270/sqftAED 4,050,000
24 Feb 1998Al Qusais Old—LandExisting PropertiesNot specified16,000 sqftAED 250/sqftAED 4,000,000
26 Feb 1998Um Suqaim—LandExisting PropertiesNot specified24,850 sqftAED 161/sqftAED 4,000,000
26 Feb 1998Al Murqabat—BuildingExisting PropertiesNot specified4,864 sqftAED 550/sqftAED 2,675,200

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.