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Quarterly report

Dubai property market — Q3 2001

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2001. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales335Registered in Q3 2001up89.3% vs a year earlier
Total valueAED 919.77MRegistered in Q3 2001Across 70 communities
Price per sqftAED 93/sqftMedian across Q3 2001down11.5% vs a year earlier
Sale priceAED 723KMedian across Q3 20010% sold off-plan

In a sentence

The Land Department registered 335 property sales in Q3 2001, worth AED 919.77M in total, across 70 communities. That is 89% more than the same quarter a year earlier.

The median sale was AED 723,300 at AED 93/sqft, 11.5% below the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 99 registered sales, while Trade Center First took the most money at AED 175.00M.

Against the previous quarter, Mirdif fell 11% to 99.

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 Q3 2001, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif99-10.8%AED 72.55MAED 655KAED 48/sqft0%
Al Thanayah Fourth16+220.0%AED 50.06MAED 3.13MAED 120/sqft0%
Al Satwa12+9.1%AED 7.05MAED 465KAED 170/sqft0%
Um Suqaim12-52.0%AED 36.30MAED 1.17MAED 77/sqft0%
Abu Hail9+125.0%AED 3.90MAED 400KAED 171/sqft0%
Al Saffa Second8+300.0%AED 7.28MAED 550KAED 97/sqft0%
Al Barsha Third6+20.0%AED 3.39MAED 585KAED 39/sqft0%
Al Buteen6+50.0%AED 55.53MAED 8.96MAED 3,217/sqft0%
Al Mamzer6+200.0%AED 13.00MAED 1.93MAED 115/sqft0%
Al Manara6-45.5%AED 15.95MAED 1.25MAED 71/sqft0%
Al Mizhar First6+20.0%AED 2.40MAED 405KAED 31/sqft0%
Al Waheda6+200.0%AED 5.05MAED 390KAED 133/sqft0%
Al Barsha50.0%AED 2.94MAED 555KAED 37/sqft0%
Al Barsha Second5-70.6%AED 2.04MAED 600KAED 40/sqft0%
Al Rashidiya50.0%AED 1.80MAED 420KAED 111/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
Trade Center FirstAED 175.00M2
MirdifAED 72.55M99
Rega Al ButeenAED 67.90M2
Al ButeenAED 55.53M6
Al Thanayah FourthAED 50.06M16
Burj KhalifaAED 40.45M2
Um SuqaimAED 36.30M12
Hor Al Anz EastAED 26.28M2
Al MurqabatAED 25.97M3
Al KaramaAED 22.40M3

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
Mirdif99-10.8%

The largest sales of Q3 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
18 Sept 2001Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 14,000/sqftAED 140,000,000
13 Aug 2001Rega Al Buteen—LandExisting PropertiesNot specified24,610 sqftAED 1,833/sqftAED 45,100,000
30 Jul 2001Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 3,500/sqftAED 35,000,000
31 Jul 2001Burj Khalifa—LandExisting PropertiesNot specified10,000 sqftAED 3,100/sqftAED 31,000,000
2 Jul 2001Hor Al Anz East—LandExisting PropertiesNot specified53,100 sqftAED 490/sqftAED 26,000,000
9 Jul 2001Al Murqabat—BuildingExisting PropertiesNot specified9,769 sqftAED 2,508/sqftAED 24,500,000
20 Aug 2001Rega Al Buteen—LandExisting PropertiesNot specified15,135 sqftAED 1,506/sqftAED 22,800,000
10 Jul 2001Al Karama—BuildingExisting PropertiesNot specified14,800 sqftAED 1,334/sqftAED 19,750,000
1 Aug 2001Al Kifaf—LandExisting PropertiesNot specified95,000 sqftAED 200/sqftAED 19,000,000
30 Jul 2001Al Qusais Old—LandExisting PropertiesNot specified202,375 sqftAED 94/sqftAED 19,000,000

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.