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Quarterly report

Dubai property market — Q1 2001

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q1 2001. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales323Registered in Q1 2001up49.5% vs a year earlier
Total valueAED 516.61MRegistered in Q1 2001Across 69 communities
Price per sqftAED 77/sqftMedian across Q1 2001down23.6% vs a year earlier
Sale priceAED 716KMedian across Q1 20010% sold off-plan

In a sentence

The Land Department registered 323 property sales in Q1 2001, worth AED 516.61M in total, across 69 communities. That is 50% more than the same quarter a year earlier.

The median sale was AED 716,350 at AED 77/sqft, 23.6% below the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 89 registered sales, and also took the most money at AED 57.52M.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q1 2001, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif89+93.5%AED 57.52MAED 548KAED 43/sqft0%
Um Suqaim24+118.2%AED 37.84MAED 1.09MAED 73/sqft0%
Al Rashidiya11+175.0%AED 6.88MAED 395KAED 61/sqft0%
Al Thanayah Fourth11+175.0%AED 29.59MAED 2.20MAED 120/sqft0%
Nad Al Hamar9+125.0%AED 3.15MAED 400KAED 30/sqft0%
Al Barsha Third8-11.1%AED 3.84MAED 490KAED 33/sqft0%
Hor Al Anz8-11.1%AED 7.49MAED 850KAED 484/sqft0%
Mankhool8+100.0%AED 10.35MAED 139KAED 300/sqft0%
Al Mizhar Second7+250.0%AED 3.08MAED 500KAED 25/sqft0%
Um Suqaim Third7+600.0%AED 14.21MAED 1.60MAED 240/sqft0%
Al Karama6+100.0%AED 19.06MAED 1.14MAED 487/sqft0%
Al Mizhar First6+500.0%AED 3.30MAED 388KAED 26/sqft0%
Al Raffa6+100.0%AED 16.65MAED 1.80MAED 411/sqft0%
Al Satwa6+100.0%AED 3.63MAED 485KAED 146/sqft0%
Abu Hail5-28.6%AED 7.19MAED 900KAED 180/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 57.52M89
Um SuqaimAED 37.84M24
Port SaeedAED 33.94M2
Al Thanayah FourthAED 29.59M11
Trade Center SecondAED 29.00M1
Al DhagayaAED 26.94M5
Al KaramaAED 19.06M6
Al Suq Al KabeerAED 18.10M3
Um Hurair FirstAED 18.00M1
Al RaffaAED 16.65M6

Biggest movers

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

CommunitySalesChange

The largest sales of Q1 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
15 Jan 2001Um Hurair First—LandExisting PropertiesNot specified14,000 sqftAED 1,286/sqftAED 18,000,000
20 Feb 2001Al Dhagaya—BuildingExisting PropertiesNot specified6,360 sqftAED 2,830/sqftAED 18,000,000
5 Mar 2001Port Saeed—LandExisting PropertiesNot specified17,976 sqftAED 1,000/sqftAED 17,976,000
15 Jan 2001Al Suq Al Kabeer—BuildingExisting PropertiesNot specified10,671 sqftAED 1,640/sqftAED 17,500,000
28 Feb 2001Port Saeed—BuildingExisting PropertiesNot specified21,279 sqftAED 750/sqftAED 15,959,250
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

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.