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Quarterly report

Dubai property market — Q2 1999

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q2 1999. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales277Registered in Q2 1999down45.6% vs a year earlier
Total valueAED 570.77MRegistered in Q2 1999Across 68 communities
Price per sqftAED 130/sqftMedian across Q2 1999up8.3% vs a year earlier
Sale priceAED 800KMedian across Q2 19990% sold off-plan

In a sentence

The Land Department registered 277 property sales in Q2 1999, worth AED 570.77M in total, across 68 communities. That is 46% fewer than the same quarter a year earlier.

The median sale was AED 800,000 at AED 130/sqft, 8.3% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 63 registered sales, while Um Suqaim took the most money at AED 50.38M.

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 Q2 1999, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif63+28.6%AED 39.93MAED 418KAED 41/sqft0%
Um Suqaim21+16.7%AED 50.38MAED 975KAED 70/sqft0%
Abu Hail16+77.8%AED 11.42MAED 620KAED 241/sqft0%
Hor Al Anz East12+71.4%AED 6.45MAED 550KAED 200/sqft0%
Al Satwa11+37.5%AED 8.31MAED 620KAED 228/sqft0%
Hor Al Anz11+83.3%AED 7.21MAED 500KAED 274/sqft0%
Jumeirah10+233.3%AED 24.00MAED 1.88MAED 191/sqft0%
Al Barsha9+28.6%AED 4.12MAED 525KAED 35/sqft0%
Al Karama7—AED 22.43MAED 1.50MAED 659/sqft0%
Al Dhagaya6—AED 17.35MAED 3.05MAED 909/sqft0%
Al Khawaneej5+66.7%AED 9.22MAED 1.97MAED 14/sqft0%
Al Murqabat5+400.0%AED 9.03MAED 1.93MAED 700/sqft0%
Al Kifaf4+300.0%AED 36.00MAED 6.40MAED 475/sqft0%
Muhaisna4+300.0%AED 4.10MAED 1.25MAED 59/sqft0%
Nad Al Hamar4+100.0%AED 1.82MAED 398KAED 26/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
Um SuqaimAED 50.38M21
Oud MethaAED 43.95M3
MirdifAED 39.93M63
Al KifafAED 36.00M4
Al-Riqqa EastAED 34.82M3
JumeirahAED 24.00M10
Al KhabeesiAED 23.19M2
Al KaramaAED 22.43M7
Burj KhalifaAED 21.00M1
Tawaa Al SayeghAED 20.50M1

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 Q2 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 East—LandExisting PropertiesNot specified8,066 sqftAED 3,068/sqftAED 24,750,000
24 May 1999Al Kifaf—LandExisting PropertiesNot specified50,000 sqftAED 450/sqftAED 22,500,000
10 May 1999Burj Khalifa—LandExisting PropertiesNot specified30,000 sqftAED 700/sqftAED 21,000,000
12 Apr 1999Tawaa Al Sayegh—LandExisting PropertiesNot specified14,300 sqftAED 1,434/sqftAED 20,500,000
2 Jun 1999Oud Metha—BuildingExisting PropertiesNot specified31,000 sqftAED 629/sqftAED 19,500,000
10 May 1999Um Suqaim—LandExisting PropertiesNot specified82,467 sqftAED 212/sqftAED 17,500,000
12 May 1999Oud Metha—BuildingExisting PropertiesNot specified27,978 sqftAED 597/sqftAED 16,700,000
7 Jun 1999Al Qoaz—LandExisting PropertiesNot specified45,000 sqftAED 350/sqftAED 15,750,000
25 May 1999Al Khabeesi—LandExisting PropertiesNot specified31,268 sqftAED 500/sqftAED 15,634,000
4 May 1999Al Karama—BuildingExisting PropertiesNot specified11,176 sqftAED 1,163/sqftAED 13,000,000

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.