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Monthly report

Dubai property market — July 2002

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

Sales170Registered in July 2002up22.3% vs a year earlier
Total valueAED 410.51MRegistered in July 2002Across 49 communities
Price per sqftAED 83/sqftMedian across July 2002down17% vs a year earlier
Sale priceAED 810KMedian across July 20020% sold off-plan

In a sentence

The Land Department registered 170 property sales in July 2002, worth AED 410.51M in total, across 49 communities. That is 22% more than the same month a year earlier.

The median sale was AED 810,000 at AED 83/sqft, 17% below the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 42 registered sales, and also took the most money at AED 118.71M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif42+35.5%AED 118.71MAED 715KAED 67/sqft0%
Al Mizhar Second14+55.6%AED 10.51MAED 725KAED 36/sqft0%
Al Barsha Second70.0%AED 9.45MAED 900KAED 60/sqft0%
Al Warqa Third7+75.0%AED 3.17MAED 460KAED 40/sqft0%
Hor Al Anz7+40.0%AED 11.90MAED 650KAED 260/sqft0%
Abu Hail60.0%AED 3.34MAED 450KAED 156/sqft0%
Al Mararr5-16.7%AED 7.67MAED 1.00MAED 898/sqft0%
Al Khabeesi4+100.0%AED 27.25MAED 5.10MAED 413/sqft0%
Al Mizhar First4+33.3%AED 2.48MAED 623KAED 41/sqft0%
Al Satwa4-20.0%AED 6.44MAED 620KAED 248/sqft0%
Al-Aweer30.0%AED 4.36MAED 1.46MAED 4/sqft0%
Al Barsha Third3-40.0%AED 2.56MAED 810KAED 54/sqft0%
Al Muteena3-50.0%AED 1.76MAED 650KAED 186/sqft0%
Al Ras3+50.0%AED 14.30MAED 4.00MAED 1,749/sqft0%
Al Rashidiya3+50.0%AED 1.20MAED 300KAED 83/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 118.71M42
Trade Center FirstAED 50.00M1
Al KhabeesiAED 27.25M4
MankhoolAED 21.09M3
Um Suqaim FirstAED 17.63M3
Al Barsha FirstAED 15.32M2
Al RasAED 14.30M3
Hor Al AnzAED 11.90M7
Al MurqabatAED 10.85M1
Al Mizhar SecondAED 10.51M14

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 July 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
8 Jul 2002Mirdif—Uptown MirdifBuildingExisting PropertiesNot specified2,538,111 sqftAED 28/sqftAED 71,500,000
22 Jul 2002Trade Center First—LandExisting PropertiesNot specified12,500 sqftAED 4,000/sqftAED 50,000,000
30 Jul 2002Al Khabeesi—BuildingExisting PropertiesNot specified41,625 sqftAED 400/sqftAED 16,650,000
1 Jul 2002Um Suqaim First—VillaExisting PropertiesNot specified48,129 sqftAED 322/sqftAED 15,500,000
1 Jul 2002Mankhool—LandExisting PropertiesNot specified19,797 sqftAED 560/sqftAED 11,086,320
8 Jul 2002Al Murqabat—BuildingExisting PropertiesNot specified13,657 sqftAED 794/sqftAED 10,850,000
1 Jul 2002Al Barsha First—LandExisting PropertiesNot specified31,982 sqftAED 330/sqftAED 10,554,060
22 Jul 2002Al Khabeesi—BuildingExisting PropertiesNot specified20,000 sqftAED 425/sqftAED 8,500,000
1 Jul 2002Al Ras—BuildingExisting PropertiesNot specified4,243 sqftAED 2,003/sqftAED 8,500,000
24 Jul 2002Mankhool—BuildingExisting PropertiesNot specified5,537 sqftAED 1,445/sqftAED 8,000,000

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.