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Monthly report

Dubai property market — February 2001

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

Sales116Registered in February 2001up14.9% vs a year earlier
Total valueAED 183.01MRegistered in February 2001Across 46 communities
Price per sqftAED 80/sqftMedian across February 2001down15.8% vs a year earlier
Sale priceAED 768KMedian across February 20010% sold off-plan

In a sentence

The Land Department registered 116 property sales in February 2001, worth AED 183.01M in total, across 46 communities. That is 15% more than the same month a year earlier.

The median sale was AED 767,793 at AED 80/sqft, 15.8% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 26 registered sales, while Trade Center Second took the most money at AED 29.00M.

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 February 2001, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif26-7.1%AED 17.03MAED 675KAED 45/sqft0%
Um Suqaim11+83.3%AED 12.01MAED 1.04MAED 70/sqft0%
Al Rashidiya6+100.0%AED 4.16MAED 400KAED 71/sqft0%
Al Satwa5+400.0%AED 3.18MAED 520KAED 111/sqft0%
Nad Al Hamar5+66.7%AED 1.73MAED 350KAED 30/sqft0%
Hor Al Anz4+33.3%AED 2.92MAED 425KAED 228/sqft0%
Nad Rashid4+300.0%AED 1.37MAED 335KAED 77/sqft0%
Al Karama3—AED 7.01MAED 1.08MAED 475/sqft0%
Al Thanayah Fourth3-62.5%AED 7.30MAED 2.17MAED 120/sqft0%
Jumeirah Second3+200.0%AED 3.59MAED 1.20MAED 130/sqft0%
Al Baraha2—AED 1.33MAED 664KAED 310/sqft0%
Al Barsha Third2-33.3%AED 1.15MAED 576KAED 37/sqft0%
Al Dhagaya2+100.0%AED 18.40MAED 9.20MAED 1,638/sqft0%
Al Hamriya2+100.0%AED 600KAED 300KAED 219/sqft0%
Al Khawaneej20.0%AED 1.92MAED 960KAED 14/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
Trade Center SecondAED 29.00M1
Al DhagayaAED 18.40M2
MirdifAED 17.03M26
Port SaeedAED 15.96M1
Um SuqaimAED 12.01M11
Al Thanayah FourthAED 7.30M3
Al KaramaAED 7.01M3
JumeirahAED 5.50M1
Ras Al KhorAED 4.80M1
Al-Murar QadeemAED 4.60M1

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 February 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
28 Feb 2001Trade Center Second—BuildingExisting PropertiesNot specified10,000 sqftAED 2,900/sqftAED 29,000,000
20 Feb 2001Al Dhagaya—BuildingExisting PropertiesNot specified6,360 sqftAED 2,830/sqftAED 18,000,000
28 Feb 2001Port Saeed—BuildingExisting PropertiesNot specified21,279 sqftAED 750/sqftAED 15,959,250
28 Feb 2001Al Karama—LandExisting PropertiesNot specified25,858 sqftAED 220/sqftAED 5,688,760
12 Feb 2001Jumeirah—LandExisting PropertiesNot specified18,604 sqftAED 296/sqftAED 5,500,000
7 Feb 2001Ras Al Khor—LandExisting PropertiesNot specified86,000 sqftAED 56/sqftAED 4,800,000
26 Feb 2001Al-Murar Qadeem—LandExisting PropertiesNot specified1,980 sqftAED 2,323/sqftAED 4,600,000
19 Feb 2001Al Ras—BuildingExisting PropertiesNot specified577 sqftAED 6,932/sqftAED 4,000,000
7 Feb 2001Um Suqaim Third—VillaExisting PropertiesNot specified15,000 sqftAED 240/sqftAED 3,600,000
12 Feb 2001Jumeirah Third—VillaExisting PropertiesNot specified12,640 sqftAED 277/sqftAED 3,500,000

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.