← All reports

Quarterly report

Dubai property market — Q1 1998

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 1998. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales146Registered in Q1 1998up14,500% vs a year earlier
Total valueAED 598.65MRegistered in Q1 1998Across 39 communities
Price per sqftAED 127/sqftMedian across Q1 1998up154.6% vs a year earlier
Sale priceAED 1.09MMedian across Q1 19980% sold off-plan

In a sentence

The Land Department registered 146 property sales in Q1 1998, worth AED 598.65M in total, across 39 communities. That is 14,500% more than the same quarter a year earlier.

The median sale was AED 1,089,110 at AED 127/sqft, 154.6% above the same quarter last year. 0% of sales were off-plan.

Um Suqaim was the busiest community with 28 registered sales, while Rega Al Buteen took the most money at AED 74.87M.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 1998, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Um Suqaim28+100.0%AED 59.28MAED 1.21MAED 80/sqft0%
Mirdif27+440.0%AED 17.34MAED 510KAED 38/sqft0%
Al Satwa13+1200.0%AED 8.74MAED 550KAED 216/sqft0%
Jumeirah9+80.0%AED 13.72MAED 1.30MAED 125/sqft0%
Hor Al Anz East7+250.0%AED 62.18MAED 900KAED 243/sqft0%
Al Baraha5—AED 22.24MAED 5.97MAED 971/sqft0%
Al Barsha5+400.0%AED 28.31MAED 6.38MAED 270/sqft0%
Al-Murar Jadeed4—AED 8.32MAED 1.41MAED 1,194/sqft0%
Al Qusais Old4+300.0%AED 8.07MAED 1.92MAED 158/sqft0%
Al Karama3+50.0%AED 4.40MAED 1.20MAED 484/sqft0%
Al Raffa3+200.0%AED 7.20MAED 2.10MAED 849/sqft0%
Al-Safiyyah3—AED 3.50MAED 1.15MAED 506/sqft0%
Al Asbaq20.0%AED 1.85MAED 925KAED 318/sqft0%
Al-Aweer2—AED 8.80MAED 4.40MAED 55/sqft0%
Al Hamriya2+100.0%AED 32.66MAED 16.33MAED 617/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
Rega Al ButeenAED 74.87M2
Zareeba DuviyaAED 67.80M2
Hor Al Anz EastAED 62.18M7
Um SuqaimAED 59.28M28
Al GarhoudAED 44.28M1
Al HamriyaAED 32.66M2
Al BarshaAED 28.31M5
Al BarahaAED 22.24M5
Port SaeedAED 22.16M2
Al-NahdahAED 21.60M1

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange

The largest sales of Q1 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 Mar 1998Zareeba Duviya—LandExisting PropertiesNot specified24,120 sqftAED 2,695/sqftAED 65,000,000
25 Feb 1998Hor Al Anz East—BuildingExisting PropertiesNot specified151,600 sqftAED 350/sqftAED 53,060,000
23 Mar 1998Rega Al Buteen—BuildingExisting PropertiesNot specified21,008 sqftAED 2,350/sqftAED 49,368,800
18 Feb 1998Al Garhoud—LandExisting PropertiesNot specified147,600 sqftAED 300/sqftAED 44,280,000
11 Mar 1998Rega Al Buteen—BuildingExisting PropertiesNot specified15,000 sqftAED 1,700/sqftAED 25,500,000
4 Mar 1998Al Hamriya—LandExisting PropertiesNot specified41,200 sqftAED 550/sqftAED 22,660,000
10 Mar 1998Al-Nahdah—LandExisting PropertiesNot specified36,000 sqftAED 600/sqftAED 21,600,000
5 Jan 1998Um Suqaim—LandExisting PropertiesNot specified203,600 sqftAED 100/sqftAED 20,360,000
16 Mar 1998Al Muteena—LandExisting PropertiesNot specified12,062 sqftAED 1,575/sqftAED 19,000,000
17 Mar 1998Tawaa Al Sayegh—LandExisting PropertiesNot specified19,680 sqftAED 700/sqftAED 13,776,000

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.