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Annual report

Dubai property market — 1999

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside 1999. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales894Registered in 1999down32% vs the year before
Total valueAED 1.88BRegistered in 1999Across 93 communities
Price per sqftAED 120/sqftMedian across 1999up2.4% vs the year before
Sale priceAED 810KMedian across 19990% sold off-plan

In a sentence

The Land Department registered 894 property sales in 1999, worth AED 1.88B in total, across 93 communities. That is 32% fewer than the year before.

The median sale was AED 809,853 at AED 120/sqft, 2.4% above the year before. 0% of sales were off-plan.

Mirdif was the busiest community with 229 registered sales, and also took the most money at AED 171.87M.

Against the previous year, Um Suqaim fell 55% to 85.

Sales by year

Price per square foot by year

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in 1999, and how each moved against the year before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif229-34.8%AED 171.87MAED 477KAED 42/sqft0%
Um Suqaim85-55.3%AED 158.21MAED 1.17MAED 100/sqft0%
Hor Al Anz37+76.2%AED 29.26MAED 550KAED 321/sqft0%
Abu Hail36-20.0%AED 36.65MAED 700KAED 202/sqft0%
Al Satwa34-39.3%AED 29.46MAED 620KAED 214/sqft0%
Jumeirah25-43.2%AED 57.20MAED 1.35MAED 150/sqft0%
Hor Al Anz East24-46.7%AED 13.73MAED 525KAED 201/sqft0%
Al Barsha22-56.0%AED 13.86MAED 569KAED 38/sqft0%
Nad Rashid15-25.0%AED 9.91MAED 600KAED 96/sqft0%
Nad Al Hamar13-7.1%AED 5.31MAED 400KAED 30/sqft0%
Al Khawaneej12-7.7%AED 27.08MAED 1.48MAED 17/sqft0%
Al Karama11-15.4%AED 30.53MAED 1.45MAED 637/sqft0%
Al Bada10+42.9%AED 11.98MAED 940KAED 260/sqft0%
Al-Murar Qadeem10-52.4%AED 47.80MAED 4.70MAED 2,083/sqft0%
Al Raffa10-9.1%AED 47.86MAED 1.20MAED 381/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
MirdifAED 171.87M229
Um SuqaimAED 158.21M85
Al KifafAED 130.54M7
Al KhabeesiAED 109.29M6
Oud MethaAED 107.79M6
Rega Al ButeenAED 78.76M9
Al-Riqqa EastAED 66.65M7
JumeirahAED 57.20M25
Burj KhalifaAED 54.00M2
Al RaffaAED 47.86M10

Biggest movers

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

CommunitySalesChange
Um Suqaim85-55.3%
Mirdif229-34.8%

The largest sales of 1999

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
31 Mar 1999Al Kifaf—LandExisting PropertiesNot specified123,885 sqftAED 600/sqftAED 74,331,000
15 Mar 1999Al Khabeesi—BuildingExisting PropertiesNot specified31,672 sqftAED 1,831/sqftAED 58,000,000
31 Mar 1999Zareeba Duviya—LandExisting PropertiesNot specified63,333 sqftAED 600/sqftAED 37,999,800
29 Nov 1999Burj Khalifa—LandExisting PropertiesNot specified10,000 sqftAED 3,300/sqftAED 33,000,000
19 Jul 1999Rega Al Buteen—BuildingExisting PropertiesNot specified21,208 sqftAED 1,300/sqftAED 27,570,400
25 Oct 1999Al Raffa—BuildingExisting PropertiesNot specified50,000 sqftAED 550/sqftAED 27,500,000
31 Mar 1999Oud Metha—LandExisting PropertiesNot specified48,800 sqftAED 550/sqftAED 26,840,000
7 Jul 1999Rega Al Buteen—BuildingExisting PropertiesNot specified15,780 sqftAED 1,600/sqftAED 25,248,000
7 Jun 1999Al-Riqqa East—LandExisting PropertiesNot specified8,066 sqftAED 3,068/sqftAED 24,750,000
6 Sept 1999Al Sabkha—BuildingExisting PropertiesNot specified4,647 sqftAED 5,165/sqftAED 24,000,000

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.