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Monthly report

Dubai property market — August 1999

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

Sales62Registered in August 1999down30.3% vs a year earlier
Total valueAED 70.97MRegistered in August 1999Across 29 communities
Price per sqftAED 123/sqftMedian across August 1999down11.7% vs a year earlier
Sale priceAED 790KMedian across August 19990% sold off-plan

In a sentence

The Land Department registered 62 property sales in August 1999, worth AED 70.97M in total, across 29 communities. That is 30% fewer than the same month a year earlier.

The median sale was AED 790,000 at AED 123/sqft, 11.7% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 19 registered sales, and also took the most money at AED 13.99M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif19+26.7%AED 13.99MAED 628KAED 43/sqft0%
Hor Al Anz6+50.0%AED 3.90MAED 540KAED 403/sqft0%
Um Suqaim3-50.0%AED 3.90MAED 1.10MAED 156/sqft0%
Al Hamriya2—AED 11.25MAED 5.63MAED 1,266/sqft0%
Al Karama2—AED 5.65MAED 2.83MAED 775/sqft0%
Al Qusais Old2+100.0%AED 3.00MAED 1.50MAED 60/sqft0%
Al Safaa2—AED 2.09MAED 1.05MAED 62/sqft0%
Al Satwa2-33.3%AED 3.95MAED 1.98MAED 790/sqft0%
Jumeirah2-33.3%AED 1.58MAED 790KAED 143/sqft0%
Nad Rashid2+100.0%AED 980KAED 490KAED 58/sqft0%
Um Suqaim Second2—AED 2.40MAED 1.20MAED 187/sqft0%
Abu Hail1-50.0%AED 53KAED 53KAED 100/sqft0%
Al Bada10.0%AED 1.30MAED 1.30MAED 338/sqft0%
Al Khawaneej1—AED 1.00MAED 1.00MAED 4/sqft0%
Al Mamzer1—AED 175KAED 175KAED 120/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 13.99M19
Al HamriyaAED 11.25M2
Al KaramaAED 5.65M2
MankhoolAED 4.86M1
Al SatwaAED 3.95M2
Hor Al AnzAED 3.90M6
Um SuqaimAED 3.90M3
Al Qusais OldAED 3.00M2
Um Suqaim SecondAED 2.40M2
Al SafaaAED 2.09M2

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 August 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
2 Aug 1999Al Hamriya—BuildingExisting PropertiesNot specified4,232 sqftAED 1,595/sqftAED 6,750,000
9 Aug 1999Mankhool—LandExisting PropertiesNot specified14,307 sqftAED 340/sqftAED 4,864,380
2 Aug 1999Al Hamriya—BuildingExisting PropertiesNot specified4,798 sqftAED 938/sqftAED 4,500,000
23 Aug 1999Al Karama—BuildingExisting PropertiesNot specified4,398 sqftAED 1,000/sqftAED 4,400,000
30 Aug 1999Al Satwa—BuildingExisting PropertiesNot specified2,500 sqftAED 1,240/sqftAED 3,100,000
31 Aug 1999Mirdif—VillaExisting PropertiesNot specified15,000 sqftAED 201/sqftAED 3,020,000
23 Aug 1999Um Suqaim—LandExisting PropertiesNot specified12,800 sqftAED 156/sqftAED 2,000,000
2 Aug 1999Um Suqaim Second—VillaExisting PropertiesNot specified6,400 sqftAED 313/sqftAED 2,000,000
10 Aug 1999Al Mararr—BuildingExisting PropertiesNot specified2,237 sqftAED 760/sqftAED 1,700,120
2 Aug 1999Tawaa Al Sayegh—LandExisting PropertiesNot specified996 sqftAED 1,543/sqftAED 1,537,500

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.