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Monthly report

Dubai property market — March 2001

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

Sales99Registered in March 2001up47.8% vs a year earlier
Total valueAED 156.28MRegistered in March 2001Across 34 communities
Price per sqftAED 55/sqftMedian across March 2001down62.5% vs a year earlier
Sale priceAED 600KMedian across March 20010% sold off-plan

In a sentence

The Land Department registered 99 property sales in March 2001, worth AED 156.28M in total, across 34 communities. That is 48% more than the same month a year earlier.

The median sale was AED 600,000 at AED 55/sqft, 62.5% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 35 registered sales, and also took the most money at AED 18.06M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif35+34.6%AED 18.06MAED 330KAED 41/sqft0%
Um Suqaim7-36.4%AED 13.28MAED 1.26MAED 78/sqft0%
Mankhool5+400.0%AED 594KAED 120KAED 300/sqft0%
Al Barsha3—AED 1.01MAED 465KAED 31/sqft0%
Al Barsha Third3+50.0%AED 1.17MAED 405KAED 27/sqft0%
Al Karama30.0%AED 12.05MAED 1.20MAED 500/sqft0%
Al Manara3+50.0%AED 2.08MAED 900KAED 60/sqft0%
Al Mizhar Second3+200.0%AED 1.50MAED 500KAED 25/sqft0%
Um Suqaim Second3+200.0%AED 7.45MAED 1.80MAED 176/sqft0%
Al Dhagaya20.0%AED 8.24MAED 4.12MAED 2,175/sqft0%
Al Mizhar First20.0%AED 2.13MAED 1.06MAED 38/sqft0%
Al Raffa20.0%AED 11.20MAED 5.60MAED 692/sqft0%
Al Rashidiya2-66.7%AED 375KAED 188KAED 54/sqft0%
Al Waheda2—AED 1.21MAED 605KAED 100/sqft0%
Al Warqa Third2—AED 588KAED 294KAED 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
MirdifAED 18.06M35
Port SaeedAED 17.98M1
Um SuqaimAED 13.28M7
Al HamriyaAED 12.72M1
Al KaramaAED 12.05M3
Al RaffaAED 11.20M2
Al DhagayaAED 8.24M2
Al Goze Industrial ThirdAED 7.80M1
Al RegaAED 7.50M1
Um Suqaim SecondAED 7.45M3

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 March 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
5 Mar 2001Port Saeed—LandExisting PropertiesNot specified17,976 sqftAED 1,000/sqftAED 17,976,000
19 Mar 2001Al Hamriya—LandExisting PropertiesNot specified24,007 sqftAED 530/sqftAED 12,723,710
14 Mar 2001Al Karama—BuildingExisting PropertiesNot specified20,000 sqftAED 500/sqftAED 10,000,000
28 Mar 2001Al Goze Industrial Third—BuildingExisting PropertiesNot specified39,005 sqftAED 200/sqftAED 7,801,000
26 Mar 2001Al Rega—BuildingExisting PropertiesNot specified5,625 sqftAED 1,333/sqftAED 7,500,000
26 Mar 2001Al Dhagaya—BuildingExisting PropertiesNot specified1,728 sqftAED 4,051/sqftAED 7,000,000
12 Mar 2001Um Suqaim—LandExisting PropertiesNot specified40,000 sqftAED 165/sqftAED 6,600,000
26 Mar 2001Al Raffa—BuildingExisting PropertiesNot specified20,829 sqftAED 288/sqftAED 6,000,000
27 Mar 2001Al Raffa—BuildingExisting PropertiesNot specified4,749 sqftAED 1,095/sqftAED 5,200,000
14 Mar 2001Um Suqaim Second—VillaExisting PropertiesNot specified40,800 sqftAED 105/sqftAED 4,284,000

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.