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Quarterly report

Dubai property market — Q2 2001

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q2 2001. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales414Registered in Q2 2001up38% vs a year earlier
Total valueAED 1.15BRegistered in Q2 2001Across 81 communities
Price per sqftAED 100/sqftMedian across Q2 2001up11.5% vs a year earlier
Sale priceAED 900KMedian across Q2 20010% sold off-plan

In a sentence

The Land Department registered 414 property sales in Q2 2001, worth AED 1.15B in total, across 81 communities. That is 38% more than the same quarter a year earlier.

The median sale was AED 900,000 at AED 100/sqft, 11.5% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 111 registered sales, and also took the most money at AED 111.18M.

Against the previous quarter, Mirdif rose 25% to 111 sales.

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 Q2 2001, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif111+24.7%AED 111.18MAED 547KAED 44/sqft0%
Um Suqaim25+4.2%AED 66.23MAED 1.80MAED 95/sqft0%
Al Barsha Second17+1600.0%AED 8.60MAED 510KAED 34/sqft0%
Um Suqaim Second16+300.0%AED 30.00MAED 1.79MAED 123/sqft0%
Nad Al Hamar15+66.7%AED 6.41MAED 392KAED 31/sqft0%
Hor Al Anz12+50.0%AED 14.97MAED 400KAED 167/sqft0%
Al Manara11+120.0%AED 14.52MAED 1.10MAED 70/sqft0%
Al Satwa11+83.3%AED 6.96MAED 575KAED 191/sqft0%
Al Barsha First9+800.0%AED 45.72MAED 3.52MAED 220/sqft0%
Al Muteena7+250.0%AED 18.41MAED 800KAED 332/sqft0%
Al Khawaneej6+50.0%AED 9.28MAED 900KAED 15/sqft0%
Jumeirah Third6+100.0%AED 10.10MAED 1.39MAED 113/sqft0%
Mankhool6-25.0%AED 65.94MAED 6.40MAED 358/sqft0%
Um Al Sheif6+50.0%AED 4.59MAED 833KAED 55/sqft0%
Al Barsha5+25.0%AED 36.71MAED 7.63MAED 68/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 111.18M111
Tawaa Al SayeghAED 108.21M4
Um SuqaimAED 66.23M25
MankhoolAED 65.94M6
Zareeba DuviyaAED 51.83M3
Al Goze Industrial FirstAED 48.24M2
Al Barsha FirstAED 45.72M9
Al RaffaAED 42.67M3
Al KifafAED 41.00M2
Al BarshaAED 36.71M5

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
Mirdif111+24.7%

The largest sales of Q2 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
17 Apr 2001Tawaa Al Sayegh—LandExisting PropertiesNot specified33,611 sqftAED 1,726/sqftAED 58,000,000
18 Jun 2001Al Raffa—BuildingExisting PropertiesNot specified15,000 sqftAED 2,733/sqftAED 41,000,000
11 Apr 2001Al Goze Industrial First—BuildingExisting PropertiesNot specified248,997 sqftAED 161/sqftAED 40,000,000
15 May 2001Zareeba Duviya—LandExisting PropertiesNot specified14,500 sqftAED 2,621/sqftAED 38,000,000
9 Apr 2001Mankhool—BuildingExisting PropertiesNot specified14,300 sqftAED 2,168/sqftAED 31,000,000
30 Apr 2001Trade Center Second—BuildingExisting PropertiesNot specified10,000 sqftAED 2,900/sqftAED 29,000,000
25 Jun 2001Al Bada—VillaExisting PropertiesNot specified69,549 sqftAED 388/sqftAED 27,000,000
8 May 2001Tawaa Al Sayegh—LandExisting PropertiesNot specified14,199 sqftAED 1,884/sqftAED 26,750,000
11 Jun 2001Naif—LandExisting PropertiesNot specified50,726 sqftAED 500/sqftAED 25,363,000
28 May 2001Mirdif—VillaExisting PropertiesNot specified120,186 sqftAED 204/sqftAED 24,500,000

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.