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Monthly report

Dubai property market — June 1999

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

Sales113Registered in June 1999down45.7% vs a year earlier
Total valueAED 204.15MRegistered in June 1999Across 41 communities
Price per sqftAED 115/sqftMedian across June 1999down31.8% vs a year earlier
Sale priceAED 720KMedian across June 19990% sold off-plan

In a sentence

The Land Department registered 113 property sales in June 1999, worth AED 204.15M in total, across 41 communities. That is 46% fewer than the same month a year earlier.

The median sale was AED 720,000 at AED 115/sqft, 31.8% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 28 registered sales, while Al-Riqqa East took the most money at AED 34.82M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif28+33.3%AED 17.13MAED 328KAED 40/sqft0%
Um Suqaim10+100.0%AED 12.31MAED 950KAED 95/sqft0%
Al Satwa7+133.3%AED 5.90MAED 620KAED 228/sqft0%
Jumeirah6+200.0%AED 12.24MAED 1.88MAED 141/sqft0%
Abu Hail5+66.7%AED 3.80MAED 600KAED 204/sqft0%
Al Murqabat5AED 9.03MAED 1.93MAED 700/sqft0%
Al-Riqqa East3AED 34.82MAED 6.32MAED 2,768/sqft0%
Muhaisna3AED 2.95MAED 1.35MAED 60/sqft0%
Nad Al Hamar3+200.0%AED 1.41MAED 385KAED 26/sqft0%
Al Barsha2-33.3%AED 548KAED 274KAED 39/sqft0%
Al Jafliya2AED 1.35MAED 675KAED 117/sqft0%
Al Karama2-60.0%AED 1.48MAED 742KAED 473/sqft0%
Al Mizhar2AED 1.50MAED 750KAED 27/sqft0%
Al Muteena2AED 3.60MAED 1.80MAED 643/sqft0%
Al Qusais Old2+100.0%AED 4.33MAED 2.17MAED 310/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
Al-Riqqa EastAED 34.82M3
Oud MethaAED 27.25M2
MirdifAED 17.13M28
Al QoazAED 15.75M1
Um SuqaimAED 12.31M10
JumeirahAED 12.24M6
Al-NakhalAED 10.50M1
Al MurqabatAED 9.03M5
AL TWAR FIFTHAED 7.80M1
Al SatwaAED 5.90M7

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 June 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
7 Jun 1999Al-Riqqa EastLandExisting PropertiesNot specified8,066 sqftAED 3,068/sqftAED 24,750,000
2 Jun 1999Oud MethaBuildingExisting PropertiesNot specified31,000 sqftAED 629/sqftAED 19,500,000
7 Jun 1999Al QoazLandExisting PropertiesNot specified45,000 sqftAED 350/sqftAED 15,750,000
28 Jun 1999Al-NakhalLandExisting PropertiesNot specified8,294 sqftAED 1,266/sqftAED 10,500,000
14 Jun 1999AL TWAR FIFTHBuildingExisting PropertiesNot specified60,000 sqftAED 130/sqftAED 7,800,000
2 Jun 1999Oud MethaBuildingExisting PropertiesNot specified15,500 sqftAED 500/sqftAED 7,750,000
23 Jun 1999Al-Riqqa EastLandExisting PropertiesNot specified2,340 sqftAED 2,700/sqftAED 6,318,000
28 Jun 1999Al GarhoudVillaExisting PropertiesNot specified40,000 sqftAED 125/sqftAED 5,000,000
14 Jun 1999Al-Riqqa EastLandExisting PropertiesNot specified1,355 sqftAED 2,768/sqftAED 3,750,000
7 Jun 1999JumeirahLandExisting PropertiesNot specified38,334 sqftAED 97/sqftAED 3,718,398

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.