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Monthly report

Dubai property market — April 2002

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

Sales238Registered in April 2002up103.4% vs a year earlier
Total valueAED 591.26MRegistered in April 2002Across 60 communities
Price per sqftAED 95/sqftMedian across April 2002down13.1% vs a year earlier
Sale priceAED 974KMedian across April 20020% sold off-plan

In a sentence

The Land Department registered 238 property sales in April 2002, worth AED 591.26M in total, across 60 communities. That is 103% more than the same month a year earlier.

The median sale was AED 973,500 at AED 95/sqft, 13.1% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 37 registered sales, while Al Barsha First took the most money at AED 117.94M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif37-39.3%AED 40.13MAED 680KAED 70/sqft0%
Al Barsha Third17+142.9%AED 10.53MAED 647KAED 55/sqft0%
Al Barsha First13+333.3%AED 117.94MAED 8.68MAED 355/sqft0%
Al Barsha Second11+1000.0%AED 7.53MAED 790KAED 55/sqft0%
Um Suqaim First10+233.3%AED 14.57MAED 1.30MAED 125/sqft0%
Al Rashidiya8+300.0%AED 4.52MAED 480KAED 67/sqft0%
Al Satwa7+250.0%AED 2.83MAED 500KAED 197/sqft0%
Al Saffa Second6+500.0%AED 21.10MAED 1.24MAED 100/sqft0%
Naif6+100.0%AED 10.78MAED 1.89MAED 597/sqft0%
Al Karama5+400.0%AED 27.51MAED 2.10MAED 600/sqft0%
Al Mamzer5+400.0%AED 12.25MAED 2.50MAED 120/sqft0%
Al Warqa Third5-16.7%AED 2.00MAED 392KAED 32/sqft0%
Nad Al Hamar5-64.3%AED 2.50MAED 592KAED 40/sqft0%
Um Al Sheif5AED 8.42MAED 1.32MAED 88/sqft0%
Abu Hail40.0%AED 3.73MAED 943KAED 221/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
Al Barsha FirstAED 117.94M13
MirdifAED 40.13M37
Hor Al Anz EastAED 35.06M2
Al Suq Al KabeerAED 31.70M3
Al MurqabatAED 28.00M2
Al KaramaAED 27.51M5
Port SaeedAED 27.34M4
Al Saffa SecondAED 21.10M6
Al WaslAED 17.13M3
Al ButeenAED 16.50M1

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 April 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
1 Apr 2002Al Suq Al KabeerBuildingExisting PropertiesNot specified10,344 sqftAED 2,852/sqftAED 29,500,000
23 Apr 2002Al MurqabatBuildingExisting PropertiesNot specified20,000 sqftAED 1,350/sqftAED 27,000,000
8 Apr 2002Port SaeedBuildingExisting PropertiesNot specified28,786 sqftAED 800/sqftAED 23,028,800
29 Apr 2002Hor Al Anz EastBuildingExisting PropertiesNot specified33,300 sqftAED 691/sqftAED 23,000,000
29 Apr 2002Al Barsha FirstBuildingExisting PropertiesNot specified44,976 sqftAED 435/sqftAED 19,564,560
1 Apr 2002Al ButeenLandExisting PropertiesNot specified5,139 sqftAED 3,211/sqftAED 16,500,000
15 Apr 2002Al Saffa SecondVillaExisting PropertiesNot specified51,667 sqftAED 310/sqftAED 16,000,000
22 Apr 2002Al Barsha FirstBuildingExisting PropertiesNot specified31,554 sqftAED 460/sqftAED 14,514,840
29 Apr 2002Al KaramaBuildingExisting PropertiesNot specified15,600 sqftAED 907/sqftAED 14,150,000
10 Apr 2002Al WaslBuildingExisting PropertiesNot specified59,800 sqftAED 233/sqftAED 13,953,331

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.