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Monthly report

Dubai property market — May 2001

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

Sales186Registered in May 2001up69.1% vs a year earlier
Total valueAED 392.79MRegistered in May 2001Across 53 communities
Price per sqftAED 80/sqftMedian across May 2001down11.1% vs a year earlier
Sale priceAED 726KMedian across May 20010% sold off-plan

In a sentence

The Land Department registered 186 property sales in May 2001, worth AED 392.79M in total, across 53 communities. That is 69% more than the same month a year earlier.

The median sale was AED 726,372 at AED 80/sqft, 11.1% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 57 registered sales, and also took the most money at AED 63.91M.

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 2001, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif57+96.6%AED 63.91MAED 405KAED 40/sqft0%
Um Suqaim11+57.1%AED 27.62MAED 2.40MAED 60/sqft0%
Nad Al Hamar9+125.0%AED 3.93MAED 392KAED 33/sqft0%
Um Suqaim Second8+100.0%AED 14.75MAED 1.85MAED 109/sqft0%
Al Manara7+75.0%AED 8.76MAED 1.15MAED 100/sqft0%
Al Barsha Second6-14.3%AED 3.00MAED 501KAED 33/sqft0%
Al Barsha First5+150.0%AED 22.29MAED 3.45MAED 230/sqft0%
Al Karama5AED 18.97MAED 1.43MAED 630/sqft0%
Al Barsha Third4+300.0%AED 2.02MAED 513KAED 34/sqft0%
Al Mararr4+300.0%AED 18.80MAED 4.70MAED 2,151/sqft0%
Al Satwa4+33.3%AED 2.75MAED 600KAED 220/sqft0%
Hor Al Anz40.0%AED 2.35MAED 400KAED 167/sqft0%
Um Al Sheif4+300.0%AED 2.78MAED 713KAED 47/sqft0%
Um Suqaim First4AED 4.00MAED 613KAED 115/sqft0%
Hor Al Anz East3AED 5.78MAED 600KAED 240/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 63.91M57
Zareeba DuviyaAED 51.83M3
Um SuqaimAED 27.62M11
Tawaa Al SayeghAED 26.75M1
Al Barsha FirstAED 22.29M5
Al KaramaAED 18.97M5
Al MararrAED 18.80M4
Um Suqaim SecondAED 14.75M8
Al BarshaAED 12.98M2
Al GarhoudAED 8.80M2

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 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
15 May 2001Zareeba DuviyaLandExisting PropertiesNot specified14,500 sqftAED 2,621/sqftAED 38,000,000
8 May 2001Tawaa Al SayeghLandExisting PropertiesNot specified14,199 sqftAED 1,884/sqftAED 26,750,000
28 May 2001MirdifVillaExisting PropertiesNot specified120,186 sqftAED 204/sqftAED 24,500,000
7 May 2001Al BarshaLandExisting PropertiesNot specified56,955 sqftAED 220/sqftAED 12,530,100
7 May 2001Al KaramaBuildingExisting PropertiesNot specified11,176 sqftAED 1,029/sqftAED 11,500,000
1 May 2001Al Barsha FirstBuildingExisting PropertiesNot specified44,976 sqftAED 250/sqftAED 11,244,000
7 May 2001Um SuqaimLandExisting PropertiesNot specified39,600 sqftAED 227/sqftAED 9,000,000
7 May 2001Al SabkhaLandExisting PropertiesNot specified1,905 sqftAED 4,619/sqftAED 8,800,000
29 May 2001Al ButeenBuildingExisting PropertiesNot specified1,429 sqftAED 5,948/sqftAED 8,500,000
1 May 2001Al Goze Industrial FirstBuildingExisting PropertiesNot specified249,819 sqftAED 33/sqftAED 8,244,027

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.