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Quarterly report

Dubai property market — Q1 1999

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 1999. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales190Registered in Q1 1999up30.1% vs a year earlier
Total valueAED 539.86MRegistered in Q1 1999Across 49 communities
Price per sqftAED 137/sqftMedian across Q1 1999up7.3% vs a year earlier
Sale priceAED 853KMedian across Q1 19990% sold off-plan

In a sentence

The Land Department registered 190 property sales in Q1 1999, worth AED 539.86M in total, across 49 communities. That is 30% more than the same quarter a year earlier.

The median sale was AED 852,500 at AED 137/sqft, 7.3% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 49 registered sales, while Al Khabeesi took the most money at AED 85.00M.

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 1999, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif49-55.5%AED 39.23MAED 478KAED 42/sqft0%
Um Suqaim18-50.0%AED 31.35MAED 1.57MAED 138/sqft0%
Abu Hail9+12.5%AED 8.15MAED 760KAED 280/sqft0%
Al Satwa8-33.3%AED 5.86MAED 655KAED 250/sqft0%
Al Barsha70.0%AED 4.92MAED 674KAED 45/sqft0%
Hor Al Anz East7-12.5%AED 3.35MAED 550KAED 220/sqft0%
Hor Al Anz6+20.0%AED 5.52MAED 725KAED 353/sqft0%
Al Qoaz5+400.0%AED 4.69MAED 450KAED 55/sqft0%
Al Bada4+100.0%AED 3.63MAED 940KAED 251/sqft0%
Al Raffa4+33.3%AED 8.13MAED 1.48MAED 381/sqft0%
Al-Tawar4-50.0%AED 9.53MAED 2.01MAED 111/sqft0%
Burj Nahar4+300.0%AED 16.83MAED 3.30MAED 913/sqft0%
Al Baraha3-40.0%AED 13.58MAED 3.28MAED 1,974/sqft0%
Al Khabeesi3—AED 85.00MAED 16.00MAED 1,100/sqft0%
Al Khawaneej30.0%AED 15.31MAED 5.92MAED 11/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 KhabeesiAED 85.00M3
Al KifafAED 74.33M1
Oud MethaAED 63.84M3
Zareeba DuviyaAED 43.00M2
MirdifAED 39.23M49
Um SuqaimAED 31.35M18
Al-RaulahAED 18.15M2
Burj NaharAED 16.83M4
Al KhawaneejAED 15.31M3
Al AsbaqAED 14.00M1

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 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
31 Mar 1999Oud Metha—LandExisting PropertiesNot specified48,800 sqftAED 550/sqftAED 26,840,000
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
22 Mar 1999Al Khabeesi—BuildingExisting PropertiesNot specified40,000 sqftAED 400/sqftAED 16,000,000
10 Mar 1999Al Asbaq—LandExisting PropertiesNot specified3,260 sqftAED 4,295/sqftAED 14,000,000
1 Feb 1999Al Khabeesi—LandExisting PropertiesNot specified10,000 sqftAED 1,100/sqftAED 11,000,000

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.