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Monthly report

Dubai property market — December 2001

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

Sales115Registered in December 2001up109.1% vs a year earlier
Total valueAED 223.29MRegistered in December 2001Across 40 communities
Price per sqftAED 100/sqftMedian across December 2001down14.3% vs a year earlier
Sale priceAED 865KMedian across December 20010% sold off-plan

In a sentence

The Land Department registered 115 property sales in December 2001, worth AED 223.29M in total, across 40 communities. That is 109% more than the same month a year earlier.

The median sale was AED 865,000 at AED 100/sqft, 14.3% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 42 registered sales, and also took the most money at AED 45.97M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif42+82.6%AED 45.97MAED 562KAED 55/sqft0%
Al Barsha Second5+66.7%AED 6.17MAED 728KAED 49/sqft0%
Um Suqaim5+25.0%AED 10.38MAED 1.85MAED 87/sqft0%
Um Suqaim Second5+400.0%AED 12.00MAED 808KAED 120/sqft0%
Al Barsha First4+300.0%AED 12.51MAED 3.24MAED 206/sqft0%
Al Suq Al Kabeer4—AED 5.95MAED 1.40MAED 1,264/sqft0%
Al Barsha Third30.0%AED 1.64MAED 510KAED 34/sqft0%
Al Manara30.0%AED 3.77MAED 1.25MAED 83/sqft0%
Jumeirah Second3—AED 11.08MAED 2.04MAED 184/sqft0%
Um Al Sheif30.0%AED 3.15MAED 1.09MAED 80/sqft0%
Abu Hail2-33.3%AED 1.76MAED 883KAED 168/sqft0%
Al Garhoud2—AED 8.63MAED 4.32MAED 403/sqft0%
Al Jafliya20.0%AED 880KAED 440KAED 179/sqft0%
Al Mizhar Second20.0%AED 900KAED 450KAED 23/sqft0%
Al Nahda Second2+100.0%AED 6.04MAED 3.02MAED 86/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 45.97M42
Port SaeedAED 34.00M1
MankhoolAED 17.80M2
Al Barsha FirstAED 12.51M4
Um Suqaim SecondAED 12.00M5
Jumeirah SecondAED 11.08M3
Um SuqaimAED 10.38M5
Al RaffaAED 8.90M2
Al GarhoudAED 8.63M2
Al Barsha SecondAED 6.17M5

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 December 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 Dec 2001Port Saeed—LandExisting PropertiesNot specified39,775 sqftAED 855/sqftAED 34,000,000
12 Dec 2001Mankhool—BuildingExisting PropertiesNot specified10,912 sqftAED 1,530/sqftAED 16,700,000
5 Dec 2001Al Raffa—BuildingExisting PropertiesNot specified10,043 sqftAED 787/sqftAED 7,900,000
10 Dec 2001Mirdif—VillaExisting PropertiesNot specified44,952 sqftAED 168/sqftAED 7,550,000
5 Dec 2001Jumeirah Second—BuildingExisting PropertiesNot specified38,898 sqftAED 185/sqftAED 7,190,620
24 Dec 2001Al Garhoud—BuildingExisting PropertiesNot specified10,000 sqftAED 680/sqftAED 6,800,000
31 Dec 2001Um Suqaim Second—VillaExisting PropertiesNot specified58,082 sqftAED 110/sqftAED 6,389,020
26 Dec 2001Al Barsha First—LandExisting PropertiesNot specified15,000 sqftAED 335/sqftAED 5,025,000
19 Dec 2001Al Barsha First—BuildingExisting PropertiesNot specified15,000 sqftAED 333/sqftAED 5,000,000
12 Dec 2001Al Qusais Old—LandExisting PropertiesNot specified32,000 sqftAED 135/sqftAED 4,320,000

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.