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Monthly report

Dubai property market — January 2002

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside January 2002. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales206Registered in January 2002up90.7% vs a year earlier
Total valueAED 387.15MRegistered in January 2002Across 53 communities
Price per sqftAED 76/sqftMedian across January 2002down23% vs a year earlier
Sale priceAED 900KMedian across January 20020% sold off-plan

In a sentence

The Land Department registered 206 property sales in January 2002, worth AED 387.15M in total, across 53 communities. That is 91% more than the same month a year earlier.

The median sale was AED 900,000 at AED 76/sqft, 23% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 68 registered sales, and also took the most money at AED 67.82M.

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 January 2002, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif68+61.9%AED 67.82MAED 677KAED 60/sqft0%
Um Suqaim10+100.0%AED 22.13MAED 2.20MAED 179/sqft0%
Hor Al Anz6+500.0%AED 3.52MAED 415KAED 174/sqft0%
Al Barsha Third5+66.7%AED 3.88MAED 788KAED 51/sqft0%
Al Mizhar First5—AED 2.21MAED 450KAED 30/sqft0%
Jumeirah Third5+400.0%AED 13.92MAED 1.98MAED 120/sqft0%
Nad Al Hamar5+400.0%AED 3.58MAED 495KAED 33/sqft0%
Um Suqaim First5+400.0%AED 7.60MAED 1.68MAED 293/sqft0%
Um Suqaim Third5+400.0%AED 7.11MAED 1.20MAED 115/sqft0%
Al Buteen4—AED 21.80MAED 4.45MAED 4,076/sqft0%
Al Manara4+33.3%AED 5.61MAED 1.31MAED 89/sqft0%
Al Mizhar Second4+100.0%AED 4.76MAED 1.07MAED 34/sqft0%
Al Saffa Second4—AED 6.27MAED 1.57MAED 90/sqft0%
Al Waheda4+100.0%AED 1.12MAED 325KAED 108/sqft0%
Margham4—AED 6.00MAED 500KAED 0/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 67.82M68
NaifAED 33.00M3
Al RaffaAED 31.81M3
Al MurqabatAED 31.07M2
Um SuqaimAED 22.13M10
Al ButeenAED 21.80M4
Port SaeedAED 16.36M1
Jumeirah ThirdAED 13.92M5
Al Barsha FirstAED 11.07M2
MankhoolAED 10.61M2

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 January 2002

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
14 Jan 2002Naif—BuildingExisting PropertiesNot specified3,060 sqftAED 7,190/sqftAED 22,000,000
14 Jan 2002Al Raffa—BuildingExisting PropertiesNot specified26,063 sqftAED 650/sqftAED 16,940,950
14 Jan 2002Al Murqabat—BuildingExisting PropertiesNot specified8,706 sqftAED 1,895/sqftAED 16,500,000
15 Jan 2002Port Saeed—BuildingExisting PropertiesNot specified21,815 sqftAED 750/sqftAED 16,361,250
9 Jan 2002Al Murqabat—BuildingExisting PropertiesNot specified22,408 sqftAED 650/sqftAED 14,565,200
21 Jan 2002Al Buteen—BuildingExisting PropertiesNot specified4,830 sqftAED 2,588/sqftAED 12,500,000
22 Jan 2002Naif—BuildingExisting PropertiesNot specified9,729 sqftAED 1,007/sqftAED 9,800,000
7 Jan 2002Al Raffa—BuildingExisting PropertiesNot specified10,000 sqftAED 975/sqftAED 9,750,000
9 Jan 2002Al Buteen—BuildingExisting PropertiesNot specified2,008 sqftAED 4,233/sqftAED 8,500,000
28 Jan 2002Al Goze Third—BuildingExisting PropertiesNot specified22,550 sqftAED 355/sqftAED 8,005,250

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.