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Annual report

Dubai property market — 2001

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside 2001. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales1,440Registered in 2001up58.1% vs the year before
Total valueAED 3.24BRegistered in 2001Across 100 communities
Price per sqftAED 90/sqftMedian across 2001down10% vs the year before
Sale priceAED 800KMedian across 20010% sold off-plan

In a sentence

The Land Department registered 1,440 property sales in 2001, worth AED 3.24B in total, across 100 communities. That is 58% more than the year before.

The median sale was AED 800,000 at AED 90/sqft, 10% below the year before. 0% of sales were off-plan.

Mirdif was the busiest community with 387 registered sales, and also took the most money at AED 334.23M.

Against the previous year, Mirdif rose 79% to 387 sales.

Sales by year

Price per square foot by year

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in 2001, and how each moved against the year before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif387+79.2%AED 334.23MAED 600KAED 48/sqft0%
Um Suqaim73+7.4%AED 160.52MAED 1.32MAED 87/sqft0%
Al Thanayah Fourth42+500.0%AED 121.55MAED 2.93MAED 120/sqft0%
Al Barsha Second38+137.5%AED 22.20MAED 540KAED 36/sqft0%
Nad Al Hamar38+111.1%AED 15.80MAED 423KAED 31/sqft0%
Al Satwa37+15.6%AED 22.61MAED 520KAED 180/sqft0%
Al Manara36+414.3%AED 60.12MAED 1.14MAED 76/sqft0%
Hor Al Anz31+34.8%AED 29.50MAED 400KAED 228/sqft0%
Um Suqaim Second31+82.4%AED 56.03MAED 1.47MAED 120/sqft0%
Al Barsha Third30+36.4%AED 17.49MAED 518KAED 34/sqft0%
Abu Hail29-14.7%AED 18.22MAED 410KAED 160/sqft0%
Al Rashidiya28+154.5%AED 13.29MAED 400KAED 90/sqft0%
Mankhool24+140.0%AED 141.19MAED 1.60MAED 300/sqft0%
Al Saffa Second22+340.0%AED 33.19MAED 1.19MAED 88/sqft0%
Um Al Sheif22+69.2%AED 20.32MAED 855KAED 64/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 334.23M387
Trade Center FirstAED 175.00M2
Um SuqaimAED 160.52M73
MankhoolAED 141.19M24
Tawaa Al SayeghAED 121.71M5
Al Thanayah FourthAED 121.55M42
Al Barsha FirstAED 82.28M19
Port SaeedAED 77.01M5
Al ButeenAED 76.94M11
Al RaffaAED 76.82M16

Biggest movers

Change in registered sales against the previous year. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Mirdif387+79.2%
Um Suqaim73+7.4%

The largest sales of 2001

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
18 Sept 2001Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 14,000/sqftAED 140,000,000
17 Apr 2001Tawaa Al Sayegh—LandExisting PropertiesNot specified33,611 sqftAED 1,726/sqftAED 58,000,000
13 Aug 2001Rega Al Buteen—LandExisting PropertiesNot specified24,610 sqftAED 1,833/sqftAED 45,100,000
18 Jun 2001Al Raffa—BuildingExisting PropertiesNot specified15,000 sqftAED 2,733/sqftAED 41,000,000
11 Apr 2001Al Goze Industrial First—BuildingExisting PropertiesNot specified248,997 sqftAED 161/sqftAED 40,000,000
15 May 2001Zareeba Duviya—LandExisting PropertiesNot specified14,500 sqftAED 2,621/sqftAED 38,000,000
30 Jul 2001Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 3,500/sqftAED 35,000,000
5 Dec 2001Port Saeed—LandExisting PropertiesNot specified39,775 sqftAED 855/sqftAED 34,000,000
31 Jul 2001Burj Khalifa—LandExisting PropertiesNot specified10,000 sqftAED 3,100/sqftAED 31,000,000
9 Apr 2001Mankhool—BuildingExisting PropertiesNot specified14,300 sqftAED 2,168/sqftAED 31,000,000

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.