← All reports

Monthly report

Dubai property market — July 1998

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

Sales134Registered in July 1998up13,300% vs a year earlier
Total valueAED 317.29MRegistered in July 1998Across 35 communities
Price per sqftAED 125/sqftMedian across July 1998up150.1% vs a year earlier
Sale priceAED 963KMedian across July 19980% sold off-plan

In a sentence

The Land Department registered 134 property sales in July 1998, worth AED 317.29M in total, across 35 communities. That is 13,300% more than the same month a year earlier.

The median sale was AED 962,500 at AED 125/sqft, 150.1% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 29 registered sales, while Port Saeed took the most money at AED 58.97M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif29-25.6%AED 17.26MAED 570KAED 40/sqft0%
Um Suqaim20-4.8%AED 29.21MAED 1.15MAED 113/sqft0%
Abu Hail100.0%AED 8.62MAED 700KAED 314/sqft0%
Al Barsha6-45.5%AED 22.14MAED 1.92MAED 53/sqft0%
Al Qusais Old50.0%AED 5.04MAED 580KAED 51/sqft0%
Al Satwa5-44.4%AED 1.82MAED 380KAED 167/sqft0%
Hor Al Anz East5-28.6%AED 3.00MAED 570KAED 143/sqft0%
Al Baraha4-33.3%AED 18.94MAED 4.77MAED 1,156/sqft0%
Al Garhoud4+300.0%AED 17.57MAED 4.88MAED 210/sqft0%
Al Khawaneej4+300.0%AED 19.29MAED 4.78MAED 6/sqft0%
Port Saeed4+33.3%AED 58.97MAED 8.87MAED 563/sqft0%
Al Mizhar3-50.0%AED 1.83MAED 600KAED 35/sqft0%
Jumeirah3-62.5%AED 4.40MAED 1.50MAED 199/sqft0%
Mankhool30.0%AED 11.80MAED 4.33MAED 390/sqft0%
Al Hamriya2-60.0%AED 3.85MAED 1.93MAED 411/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
Port SaeedAED 58.97M4
Um SuqaimAED 29.21M20
Al BarshaAED 22.14M6
Tawaa Al SayeghAED 19.65M2
Al KhawaneejAED 19.29M4
Al BarahaAED 18.94M4
Al GarhoudAED 17.57M4
MirdifAED 17.26M29
Al QoazAED 14.05M2
Al-Murar QadeemAED 13.40M2

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 July 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
22 Jul 1998Port Saeed—BuildingExisting PropertiesNot specified54,045 sqftAED 750/sqftAED 40,533,750
22 Jul 1998Port Saeed—BuildingExisting PropertiesNot specified22,180 sqftAED 750/sqftAED 16,635,000
27 Jul 1998Tawaa Al Sayegh—LandExisting PropertiesNot specified21,337 sqftAED 720/sqftAED 15,362,640
1 Jul 1998Al Qoaz—LandExisting PropertiesNot specified45,000 sqftAED 290/sqftAED 13,050,000
2 Jul 1998Al-Murar Qadeem—LandExisting PropertiesNot specified4,110 sqftAED 2,774/sqftAED 11,400,000
13 Jul 1998Al Barsha—LandExisting PropertiesNot specified21,542 sqftAED 520/sqftAED 11,201,840
13 Jul 1998Al Raffa—BuildingExisting PropertiesNot specified15,000 sqftAED 607/sqftAED 9,111,520
28 Jul 1998Al Khawaneej—LandExisting PropertiesNot specified1,594,111 sqftAED 5/sqftAED 8,566,773
22 Jul 1998Oud Metha—BuildingExisting PropertiesNot specified30,662 sqftAED 250/sqftAED 7,665,375
22 Jul 1998Al Baraha—BuildingExisting PropertiesNot specified4,960 sqftAED 1,411/sqftAED 7,000,000

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.