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Monthly report

Dubai property market — November 1998

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

Sales120Registered in November 1998up900% vs a year earlier
Total valueAED 315.65MRegistered in November 1998Across 36 communities
Price per sqftAED 106/sqftMedian across November 1998up0.7% vs a year earlier
Sale priceAED 965KMedian across November 19980% sold off-plan

In a sentence

The Land Department registered 120 property sales in November 1998, worth AED 315.65M in total, across 36 communities. That is 900% more than the same month a year earlier.

The median sale was AED 964,788 at AED 106/sqft, 0.7% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 42 registered sales, while Zareeba Duviya took the most money at AED 61.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif42+16.7%AED 27.81MAED 488KAED 38/sqft0%
Um Suqaim12+71.4%AED 28.24MAED 1.08MAED 118/sqft0%
Al Satwa6+100.0%AED 11.30MAED 2.12MAED 560/sqft0%
Al-Tawar5+150.0%AED 6.91MAED 1.16MAED 82/sqft0%
Jumeirah5+400.0%AED 31.97MAED 1.88MAED 190/sqft0%
Al Mizhar4+100.0%AED 1.80MAED 475KAED 33/sqft0%
Hor Al Anz East4+300.0%AED 5.75MAED 850KAED 191/sqft0%
Al Dhagaya3—AED 3.33MAED 1.25MAED 1,323/sqft0%
Al Khawaneej3—AED 5.03MAED 1.68MAED 10/sqft0%
Hor Al Anz3—AED 2.25MAED 850KAED 336/sqft0%
Al Hamriya2-33.3%AED 24.24MAED 12.12MAED 1,040/sqft0%
Al Hudaiba2—AED 8.78MAED 4.39MAED 108/sqft0%
Al Musalla (Dubai)2-50.0%AED 4.40MAED 2.20MAED 631/sqft0%
Al Qusais Old2+100.0%AED 1.25MAED 625KAED 151/sqft0%
Muhaisna2+100.0%AED 902KAED 451KAED 30/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
Zareeba DuviyaAED 61.00M1
JumeirahAED 31.97M5
Um SuqaimAED 28.24M12
MirdifAED 27.81M42
Al HamriyaAED 24.24M2
Port SaeedAED 17.48M2
Al MamzerAED 15.00M1
Al SatwaAED 11.30M6
Al BarshaAED 11.01M1
Al BarahaAED 11.00M1

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 November 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
4 Nov 1998Zareeba Duviya—LandExisting PropertiesNot specified35,454 sqftAED 1,721/sqftAED 61,000,000
23 Nov 1998Jumeirah—LandExisting PropertiesNot specified64,774 sqftAED 340/sqftAED 22,000,000
4 Nov 1998Al Hamriya—LandExisting PropertiesNot specified22,800 sqftAED 800/sqftAED 18,240,000
10 Nov 1998Al Mamzer—VillaExisting PropertiesNot specified20,212 sqftAED 742/sqftAED 15,000,000
2 Nov 1998Port Saeed—LandExisting PropertiesNot specified17,976 sqftAED 750/sqftAED 13,482,000
9 Nov 1998Um Suqaim—LandExisting PropertiesNot specified54,558 sqftAED 213/sqftAED 11,600,000
19 Nov 1998Al Barsha—LandExisting PropertiesNot specified21,425 sqftAED 514/sqftAED 11,011,000
23 Nov 1998Al Baraha—LandExisting PropertiesNot specified3,723 sqftAED 2,955/sqftAED 11,000,000
16 Nov 1998Al-Nakhal—LandExisting PropertiesNot specified3,480 sqftAED 2,299/sqftAED 8,000,000
30 Nov 1998Rega Al Buteen—LandExisting PropertiesNot specified7,857 sqftAED 770/sqftAED 6,049,890

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.