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Quarterly report

Dubai property market — Q4 2001

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q4 2001. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales368Registered in Q4 2001up68.8% vs a year earlier
Total valueAED 657.59MRegistered in Q4 2001Across 70 communities
Price per sqftAED 92/sqftMedian across Q4 2001down17.2% vs a year earlier
Sale priceAED 824KMedian across Q4 20010% sold off-plan

In a sentence

The Land Department registered 368 property sales in Q4 2001, worth AED 657.59M in total, across 70 communities. That is 69% more than the same quarter a year earlier.

The median sale was AED 823,680 at AED 92/sqft, 17.2% below the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 88 registered sales, and also took the most money at AED 92.98M.

Against the previous quarter, Mirdif fell 11% to 88.

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 Q4 2001, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif88-11.1%AED 92.98MAED 600KAED 55/sqft0%
Al Barsha Second15+200.0%AED 11.04MAED 555KAED 37/sqft0%
Al Manara14+133.3%AED 25.46MAED 1.21MAED 78/sqft0%
Um Suqaim120.0%AED 20.15MAED 1.25MAED 100/sqft0%
Abu Hail11+22.2%AED 5.26MAED 400KAED 146/sqft0%
Al Barsha Third11+83.3%AED 7.79MAED 555KAED 37/sqft0%
Al Thanayah Fourth10-37.5%AED 26.51MAED 2.10MAED 114/sqft0%
Al Saffa Second9+12.5%AED 10.53MAED 1.17MAED 166/sqft0%
Nad Al Hamar9+80.0%AED 4.03MAED 480KAED 32/sqft0%
Al Satwa8-33.3%AED 4.97MAED 520KAED 171/sqft0%
Al Barsha First7+250.0%AED 26.14MAED 5.00MAED 300/sqft0%
Al Rashidiya7+40.0%AED 2.37MAED 380KAED 98/sqft0%
Al Warqa Third7+600.0%AED 1.97MAED 290KAED 23/sqft0%
Jumeirah Third7+250.0%AED 8.65MAED 1.10MAED 173/sqft0%
Mankhool7+133.3%AED 44.90MAED 3.16MAED 270/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 92.98M88
MankhoolAED 44.90M7
Al MamzerAED 40.26M5
Port SaeedAED 35.50M2
Al HamriyaAED 32.38M3
Hor Al Anz EastAED 30.68M2
Al Thanayah FourthAED 26.51M10
Al Barsha FirstAED 26.14M7
Al ManaraAED 25.46M14
Al Qusais OldAED 22.32M2

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
Mirdif88-11.1%

The largest sales of Q4 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 Nov 2001Al Mamzer—BuildingExisting PropertiesNot specified53,100 sqftAED 518/sqftAED 27,500,000
19 Nov 2001Hor Al Anz East—BuildingExisting PropertiesNot specified40,000 sqftAED 650/sqftAED 26,000,000
28 Nov 2001Al Qusais Old—LandExisting PropertiesNot specified240,000 sqftAED 75/sqftAED 18,000,000
15 Oct 2001Al Hamriya—BuildingExisting PropertiesNot specified15,203 sqftAED 1,150/sqftAED 17,483,450
12 Dec 2001Mankhool—BuildingExisting PropertiesNot specified10,912 sqftAED 1,530/sqftAED 16,700,000
5 Nov 2001Al Hamriya—LandExisting PropertiesNot specified11,289 sqftAED 1,196/sqftAED 13,500,000
16 Oct 2001Mankhool—BuildingExisting PropertiesNot specified18,853 sqftAED 660/sqftAED 12,442,980
28 Nov 2001Al Murqabat—BuildingExisting PropertiesNot specified24,337 sqftAED 500/sqftAED 12,168,500
16 Oct 2001Al Mamzer—BuildingExisting PropertiesNot specified34,620 sqftAED 250/sqftAED 8,655,000

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.