← All reports

Monthly report

Dubai property market — February 1999

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

Sales70Registered in February 1999up75% vs a year earlier
Total valueAED 153.09MRegistered in February 1999Across 31 communities
Price per sqftAED 133/sqftMedian across February 1999up6.3% vs a year earlier
Sale priceAED 823KMedian across February 19990% sold off-plan

In a sentence

The Land Department registered 70 property sales in February 1999, worth AED 153.09M in total, across 31 communities. That is 75% more than the same month a year earlier.

The median sale was AED 823,420 at AED 133/sqft, 6.3% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 20 registered sales, while Oud Metha took the most money at AED 37.00M.

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 February 1999, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif20+150.0%AED 17.39MAED 500KAED 41/sqft0%
Abu Hail5+66.7%AED 5.47MAED 760KAED 280/sqft0%
Um Suqaim5+66.7%AED 7.90MAED 1.51MAED 130/sqft0%
Al Barsha3+50.0%AED 1.98MAED 674KAED 45/sqft0%
Hor Al Anz3—AED 2.00MAED 650KAED 375/sqft0%
Al Bada20.0%AED 1.88MAED 940KAED 239/sqft0%
Al Baraha2+100.0%AED 10.48MAED 5.24MAED 1,994/sqft0%
Al Qoaz2—AED 1.20MAED 600KAED 61/sqft0%
Al Satwa2+100.0%AED 1.35MAED 675KAED 290/sqft0%
Jumeirah2—AED 2.50MAED 1.25MAED 221/sqft0%
Nad Rashid2+100.0%AED 1.03MAED 515KAED 49/sqft0%
Oud Metha2—AED 37.00MAED 18.50MAED 1,441/sqft0%
Port Saeed2—AED 2.38MAED 1.19MAED 950/sqft0%
Al Garhoud1—AED 1.20MAED 1.20MAED 150/sqft0%
Al Khabeesi1—AED 11.00MAED 11.00MAED 1,100/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
Oud MethaAED 37.00M2
MirdifAED 17.39M20
Al-RaulahAED 17.30M1
Al KhabeesiAED 11.00M1
Al BarahaAED 10.48M2
Um SuqaimAED 7.90M5
Al KhawaneejAED 6.39M1
Abu HailAED 5.47M5
Al-TawarAED 4.70M1
Al Qusais OldAED 3.26M1

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 February 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
3 Feb 1999Oud Metha—BuildingExisting PropertiesNot specified14,400 sqftAED 1,381/sqftAED 19,887,500
15 Feb 1999Al-Raulah—DUBAI HILLS - PALM HILLSLandExisting PropertiesNot specified38,438 sqftAED 450/sqftAED 17,297,100
3 Feb 1999Oud Metha—BuildingExisting PropertiesNot specified11,396 sqftAED 1,502/sqftAED 17,112,500
1 Feb 1999Al Khabeesi—LandExisting PropertiesNot specified10,000 sqftAED 1,100/sqftAED 11,000,000
2 Feb 1999Al Baraha—BuildingExisting PropertiesNot specified2,610 sqftAED 2,759/sqftAED 7,200,000
1 Feb 1999Al Khawaneej—LandExisting PropertiesNot specified638,549 sqftAED 10/sqftAED 6,385,500
8 Feb 1999Mirdif—VillaExisting PropertiesNot specified31,366 sqftAED 159/sqftAED 5,000,000
15 Feb 1999Al-Tawar—LandExisting PropertiesNot specified40,000 sqftAED 118/sqftAED 4,700,000
1 Feb 1999Al Baraha—LandExisting PropertiesNot specified2,670 sqftAED 1,228/sqftAED 3,280,000
22 Feb 1999Al Qusais Old—LandExisting PropertiesNot specified17,175 sqftAED 190/sqftAED 3,263,250

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.