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Monthly report

Dubai property market — September 2002

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

Sales110Registered in September 2002
Total valueAED 213.67MRegistered in September 2002Across 42 communities
Price per sqftAED 131/sqftMedian across September 2002up69.2% vs a year earlier
Sale priceAED 810KMedian across September 20020% sold off-plan

In a sentence

The Land Department registered 110 property sales in September 2002, worth AED 213.67M in total, across 42 communities. That is 0% more than the same month a year earlier.

The median sale was AED 810,000 at AED 131/sqft, 69.2% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 16 registered sales, while Al Raffa took the most money at AED 45.80M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif16-11.1%AED 18.63MAED 840KAED 85/sqft0%
Hor Al Anz8+166.7%AED 4.44MAED 415KAED 177/sqft0%
Al Rashidiya6+200.0%AED 2.33MAED 380KAED 86/sqft0%
Al Khawaneej5—AED 6.03MAED 665KAED 33/sqft0%
Nad Al Hamar5—AED 4.91MAED 750KAED 51/sqft0%
Al Goze First4—AED 1.86MAED 450KAED 46/sqft0%
Al Mararr4—AED 5.38MAED 1.45MAED 516/sqft0%
Um Suqaim Second4+300.0%AED 4.55MAED 875KAED 170/sqft0%
Al Barsha Second30.0%AED 2.56MAED 850KAED 57/sqft0%
Al Mizhar First3-57.1%AED 1.54MAED 675KAED 45/sqft0%
Al Raffa3-25.0%AED 45.80MAED 11.50MAED 1,006/sqft0%
Al Warqa Third3+50.0%AED 1.48MAED 495KAED 40/sqft0%
Um Al Sheif3-25.0%AED 6.75MAED 2.40MAED 160/sqft0%
Um Suqaim Third3+50.0%AED 9.84MAED 1.73MAED 117/sqft0%
Abu Hail2-33.3%AED 2.16MAED 1.08MAED 237/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 RaffaAED 45.80M3
Port SaeedAED 34.01M2
MirdifAED 18.63M16
Um Suqaim ThirdAED 9.84M3
Al ButeenAED 8.00M1
Eyal NasserAED 7.13M2
Al Barsha FirstAED 7.00M2
Um Al SheifAED 6.75M3
Al KhawaneejAED 6.03M5
Al MararrAED 5.38M4

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 September 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
2 Sept 2002Al Raffa—BuildingExisting PropertiesNot specified11,834 sqftAED 2,535/sqftAED 30,000,000
30 Sept 2002Port Saeed—BuildingExisting PropertiesNot specified10,071 sqftAED 1,837/sqftAED 18,500,000
17 Sept 2002Port Saeed—BuildingExisting PropertiesNot specified18,034 sqftAED 860/sqftAED 15,509,240
30 Sept 2002Al Raffa—BuildingExisting PropertiesNot specified11,434 sqftAED 1,006/sqftAED 11,500,000
9 Sept 2002Al Buteen—BuildingExisting PropertiesNot specified1,397 sqftAED 5,726/sqftAED 8,000,000
23 Sept 2002Um Suqaim Third—VillaExisting PropertiesNot specified20,350 sqftAED 369/sqftAED 7,500,000
10 Sept 2002Al Barsha First—BuildingExisting PropertiesNot specified15,000 sqftAED 360/sqftAED 5,400,000
16 Sept 2002Al Saffa Second—VillaExisting PropertiesNot specified15,000 sqftAED 357/sqftAED 5,360,000
24 Sept 2002Eyal Nasser—BuildingExisting PropertiesNot specified2,242 sqftAED 2,319/sqftAED 5,200,000
23 Sept 2002Al Raffa—BuildingExisting PropertiesNot specified8,815 sqftAED 488/sqftAED 4,300,000

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.