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Monthly report

Dubai property market — April 1998

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

Sales65Registered in April 1998
Total valueAED 207.12MRegistered in April 1998Across 27 communities
Price per sqftAED 107/sqftMedian across April 1998
Sale priceAED 850KMedian across April 19980% sold off-plan

In a sentence

The Land Department registered 65 property sales in April 1998, worth AED 207.12M in total, across 27 communities.

The median sale was AED 850,000 at AED 107/sqft. 0% of sales were off-plan.

Um Suqaim was the busiest community with 13 registered sales, while Al-Riqqa East took the most money at AED 35.63M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Um Suqaim13-7.1%AED 14.83MAED 1.05MAED 75/sqft0%
Mirdif10-47.4%AED 3.22MAED 328KAED 32/sqft0%
Hor Al Anz East5+400.0%AED 2.33MAED 500KAED 200/sqft0%
Al Satwa4-55.6%AED 3.88MAED 940KAED 246/sqft0%
Al Musalla (Dubai)3—AED 5.06MAED 2.20MAED 788/sqft0%
Jumeirah3-25.0%AED 4.25MAED 1.15MAED 125/sqft0%
Al Barsha20.0%AED 1.05MAED 525KAED 35/sqft0%
Al Hamriya2+100.0%AED 15.34MAED 7.67MAED 978/sqft0%
Al Qusais Old2—AED 13.51MAED 6.75MAED 323/sqft0%
Al-Shumaal2—AED 18.10MAED 9.05MAED 1,714/sqft0%
Al Wasl2+100.0%AED 1.17MAED 585KAED 39/sqft0%
Port Saeed2—AED 29.86MAED 14.93MAED 925/sqft0%
Abu Hail1—AED 400KAED 400KAED 242/sqft0%
Al Bada1—AED 3.30MAED 3.30MAED 100/sqft0%
Al Garhoud1—AED 11.02MAED 11.02MAED 270/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
Al-Riqqa EastAED 35.63M1
Port SaeedAED 29.86M2
Al-ShumaalAED 18.10M2
Rega Al ButeenAED 17.78M1
Al HamriyaAED 15.34M2
Um SuqaimAED 14.83M13
Al Qusais OldAED 13.51M2
Al KifafAED 12.91M1
Al GarhoudAED 11.02M1
Al KhawaneejAED 7.14M1

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 April 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
27 Apr 1998Al-Riqqa East—LandExisting PropertiesNot specified34,769 sqftAED 1,025/sqftAED 35,630,100
23 Apr 1998Port Saeed—BuildingExisting PropertiesNot specified23,103 sqftAED 1,200/sqftAED 27,723,600
27 Apr 1998Rega Al Buteen—LandExisting PropertiesNot specified10,300 sqftAED 1,726/sqftAED 17,782,625
27 Apr 1998Al-Shumaal—LandExisting PropertiesNot specified4,798 sqftAED 2,814/sqftAED 13,500,000
29 Apr 1998Al Kifaf—LandExisting PropertiesNot specified19,858 sqftAED 650/sqftAED 12,907,700
30 Apr 1998Al Garhoud—BuildingExisting PropertiesNot specified40,800 sqftAED 270/sqftAED 11,016,000
14 Apr 1998Al Hamriya—BuildingExisting PropertiesNot specified11,412 sqftAED 950/sqftAED 10,841,400
27 Apr 1998Al Khawaneej—LandExisting PropertiesNot specified356,999 sqftAED 20/sqftAED 7,140,000
21 Apr 1998Al Qusais Old—LandExisting PropertiesNot specified22,000 sqftAED 317/sqftAED 6,974,000
13 Apr 1998Al Qusais Old—LandExisting PropertiesNot specified19,800 sqftAED 330/sqftAED 6,534,000

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.