← All reports

Monthly report

Dubai property market — November 2002

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

Sales103Registered in November 2002down11.2% vs a year earlier
Total valueAED 381.71MRegistered in November 2002Across 52 communities
Price per sqftAED 178/sqftMedian across November 2002up73.7% vs a year earlier
Sale priceAED 1.40MMedian across November 20020% sold off-plan

In a sentence

The Land Department registered 103 property sales in November 2002, worth AED 381.71M in total, across 52 communities. That is 11% fewer than the same month a year earlier.

The median sale was AED 1,400,000 at AED 178/sqft, 73.7% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 12 registered sales, while Port Saeed took the most money at AED 75.00M.

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

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif12-33.3%AED 22.09MAED 1.01MAED 70/sqft0%
Al Mizhar First7+16.7%AED 7.02MAED 621KAED 47/sqft0%
Abu Hail6+200.0%AED 5.46MAED 700KAED 224/sqft0%
Al Hamriya5+25.0%AED 9.63MAED 1.63MAED 395/sqft0%
Al Satwa5-16.7%AED 3.89MAED 515KAED 188/sqft0%
Al Manara3+200.0%AED 7.41MAED 2.93MAED 203/sqft0%
Al Nahda Second3+50.0%AED 12.76MAED 2.16MAED 120/sqft0%
AL QUSAIS3+200.0%AED 31.10MAED 2.40MAED 150/sqft0%
Hor Al Anz30.0%AED 4.26MAED 1.40MAED 560/sqft0%
Jumeirah Third3—AED 17.10MAED 7.30MAED 202/sqft0%
Naif3+50.0%AED 34.38MAED 1.55MAED 978/sqft0%
Al Barsha Third2-60.0%AED 1.73MAED 863KAED 57/sqft0%
Al Dhagaya2-33.3%AED 7.00MAED 3.50MAED 1,671/sqft0%
Al Mamzer2—AED 3.30MAED 1.65MAED 137/sqft0%
Al Rashidiya2—AED 533KAED 267KAED 97/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
Port SaeedAED 75.00M1
NaifAED 34.38M3
AL QUSAISAED 31.10M3
MirdifAED 22.09M12
Al RasAED 22.00M1
Hor Al Anz EastAED 21.00M1
Jumeirah ThirdAED 17.10M3
Al RaffaAED 13.20M1
Al Nahda SecondAED 12.76M3
Al MurqabatAED 12.50M1

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 November 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
18 Nov 2002Port Saeed—BuildingExisting PropertiesNot specified44,325 sqftAED 1,692/sqftAED 75,000,000
18 Nov 2002Naif—BuildingExisting PropertiesNot specified10,443 sqftAED 3,016/sqftAED 31,500,000
13 Nov 2002AL QUSAIS—BuildingExisting PropertiesNot specified41,100 sqftAED 645/sqftAED 26,500,000
20 Nov 2002Al Ras—BuildingExisting PropertiesNot specified10,008 sqftAED 2,198/sqftAED 22,000,000
11 Nov 2002Hor Al Anz East—BuildingExisting PropertiesNot specified72,802 sqftAED 288/sqftAED 21,000,000
4 Nov 2002Al Raffa—BuildingExisting PropertiesNot specified10,043 sqftAED 1,314/sqftAED 13,200,000
13 Nov 2002Al Murqabat—BuildingExisting PropertiesNot specified20,718 sqftAED 603/sqftAED 12,500,000
27 Nov 2002Al Suq Al Kabeer—BuildingExisting PropertiesNot specified17,962 sqftAED 585/sqftAED 10,500,000
25 Nov 2002Jumeirah Third—VillaExisting PropertiesNot specified40,000 sqftAED 225/sqftAED 9,000,000
20 Nov 2002Al Nahda Second—BuildingExisting PropertiesNot specified30,000 sqftAED 300/sqftAED 9,000,000

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.