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Monthly report

Dubai property market — May 2000

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside May 2000. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales110Registered in May 2000up17% vs a year earlier
Total valueAED 243.44MRegistered in May 2000Across 51 communities
Price per sqftAED 90/sqftMedian across May 2000down45.8% vs a year earlier
Sale priceAED 839KMedian across May 20000% sold off-plan

In a sentence

The Land Department registered 110 property sales in May 2000, worth AED 243.44M in total, across 51 communities. That is 17% more than the same month a year earlier.

The median sale was AED 839,000 at AED 90/sqft, 45.8% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 17 registered sales, while Abu Hail took the most money at AED 52.40M.

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 May 2000, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif17-43.3%AED 14.23MAED 375KAED 38/sqft0%
Um Suqaim8-27.3%AED 14.26MAED 1.33MAED 64/sqft0%
Al Satwa60.0%AED 1.96MAED 300KAED 160/sqft0%
Abu Hail5+66.7%AED 52.40MAED 1.80MAED 115/sqft0%
Hor Al Anz4+33.3%AED 4.35MAED 900KAED 414/sqft0%
Al Bada3-25.0%AED 2.18MAED 780KAED 113/sqft0%
Al Barsha3-25.0%AED 700KAED 150KAED 10/sqft0%
Al Barsha First3—AED 16.86MAED 6.08MAED 261/sqft0%
Al Hamriya3+200.0%AED 15.20MAED 3.50MAED 736/sqft0%
Al Manara3+200.0%AED 2.61MAED 888KAED 60/sqft0%
Al Saffa Second3—AED 2.70MAED 1.10MAED 63/sqft0%
Jumeirah3+200.0%AED 12.20MAED 3.30MAED 159/sqft0%
Mankhool3—AED 11.12MAED 2.26MAED 424/sqft0%
Al Barsha Third20.0%AED 1.00MAED 500KAED 33/sqft0%
Al Khawaneej2—AED 4.85MAED 2.42MAED 15/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
Abu HailAED 52.40M5
Al Barsha FirstAED 16.86M3
Al HamriyaAED 15.20M3
Um SuqaimAED 14.26M8
MirdifAED 14.23M17
Al KifafAED 13.06M1
JumeirahAED 12.20M3
MankhoolAED 11.12M3
Al-RaulahAED 10.70M1
Naif NorthAED 9.50M1

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 May 2000

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 May 2000Abu Hail—LandExisting PropertiesNot specified72,581 sqftAED 648/sqftAED 47,000,000
31 May 2000Al Kifaf—LandExisting PropertiesNot specified45,046 sqftAED 290/sqftAED 13,063,340
8 May 2000Al-Raulah—LandExisting PropertiesNot specified8,626 sqftAED 1,240/sqftAED 10,700,000
30 May 2000Al Hamriya—LandExisting PropertiesNot specified8,704 sqftAED 1,206/sqftAED 10,500,000
22 May 2000Naif North—LandExisting PropertiesNot specified6,812 sqftAED 1,395/sqftAED 9,500,000
8 May 2000Tawaa Al Sayegh—LandExisting PropertiesNot specified13,152 sqftAED 650/sqftAED 8,548,800
29 May 2000Jumeirah—LandExisting PropertiesNot specified43,598 sqftAED 183/sqftAED 8,000,000
1 May 2000Mankhool—LandExisting PropertiesNot specified11,000 sqftAED 660/sqftAED 7,260,000
30 May 2000Al Barsha First—BuildingExisting PropertiesNot specified36,940 sqftAED 170/sqftAED 6,279,800
29 May 2000Al Barsha First—BuildingExisting PropertiesNot specified20,976 sqftAED 290/sqftAED 6,083,040

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.