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Monthly report

Dubai property market — June 2002

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

Sales174Registered in June 2002up56.8% vs a year earlier
Total valueAED 481.18MRegistered in June 2002Across 52 communities
Price per sqftAED 124/sqftMedian across June 2002up12.4% vs a year earlier
Sale priceAED 913KMedian across June 20020% sold off-plan

In a sentence

The Land Department registered 174 property sales in June 2002, worth AED 481.18M in total, across 52 communities. That is 57% more than the same month a year earlier.

The median sale was AED 912,500 at AED 124/sqft, 12.4% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 31 registered sales, while Trade Center First took the most money at AED 116.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif31-6.1%AED 35.52MAED 850KAED 75/sqft0%
Al Mizhar Second9+200.0%AED 7.31MAED 792KAED 39/sqft0%
Al Barsha Second7+133.3%AED 5.38MAED 657KAED 55/sqft0%
Abu Hail60.0%AED 3.08MAED 430KAED 151/sqft0%
Al Khawaneej6-25.0%AED 8.19MAED 1.40MAED 26/sqft0%
Al Mararr6+200.0%AED 14.40MAED 2.50MAED 1,339/sqft0%
Al Muteena6+200.0%AED 10.66MAED 430KAED 259/sqft0%
Al Barsha Third5-37.5%AED 5.71MAED 1.00MAED 67/sqft0%
Al Satwa50.0%AED 3.50MAED 550KAED 181/sqft0%
Hor Al Anz5-44.4%AED 21.10MAED 2.25MAED 307/sqft0%
Um Suqaim Second5-16.7%AED 14.06MAED 1.05MAED 164/sqft0%
Al Manara4-55.6%AED 12.84MAED 3.38MAED 120/sqft0%
Al Raffa4+33.3%AED 9.72MAED 2.42MAED 348/sqft0%
Al Twar Third4+100.0%AED 6.32MAED 1.41MAED 50/sqft0%
Al Warqa Third4-20.0%AED 2.08MAED 508KAED 40/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 116.00M2
MirdifAED 35.52M31
Jumeirah FirstAED 29.50M2
Al ButeenAED 25.00M2
Hor Al AnzAED 21.10M5
AL QUSAISAED 20.26M3
Al Barsha FirstAED 15.59M2
Al MararrAED 14.40M6
Um Suqaim SecondAED 14.06M5
Al KaramaAED 13.30M2

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 June 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
26 Jun 2002Trade Center First—BuildingExisting PropertiesNot specified40,000 sqftAED 1,900/sqftAED 76,000,000
11 Jun 2002Trade Center First—BuildingExisting PropertiesNot specified10,000 sqftAED 4,000/sqftAED 40,000,000
25 Jun 2002Jumeirah First—VillaExisting PropertiesNot specified100,073 sqftAED 280/sqftAED 28,000,000
17 Jun 2002Al Buteen—BuildingExisting PropertiesNot specified3,084 sqftAED 4,864/sqftAED 15,000,000
10 Jun 2002Al Barsha First—BuildingExisting PropertiesNot specified21,873 sqftAED 580/sqftAED 12,686,340
10 Jun 2002Hor Al Anz—BuildingExisting PropertiesNot specified30,776 sqftAED 390/sqftAED 12,000,000
24 Jun 2002Al Karama—BuildingExisting PropertiesNot specified10,565 sqftAED 1,136/sqftAED 12,000,000
3 Jun 2002Mankhool—BuildingExisting PropertiesNot specified19,317 sqftAED 550/sqftAED 10,624,350
11 Jun 2002Al Buteen—BuildingExisting PropertiesNot specified1,935 sqftAED 5,168/sqftAED 10,000,000
10 Jun 2002Um Suqaim Second—VillaExisting PropertiesNot specified30,600 sqftAED 294/sqftAED 8,999,998

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.