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Quarterly report

Dubai property market — Q3 2002

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2002. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales360Registered in Q3 2002up7.5% vs a year earlier
Total valueAED 746.84MRegistered in Q3 2002Across 58 communities
Price per sqftAED 100/sqftMedian across Q3 2002up7.1% vs a year earlier
Sale priceAED 825KMedian across Q3 20020% sold off-plan

In a sentence

The Land Department registered 360 property sales in Q3 2002, worth AED 746.84M in total, across 58 communities. That is 7% more than the same quarter a year earlier.

The median sale was AED 825,000 at AED 100/sqft, 7.1% above the same quarter last year. 0% of sales were off-plan.

Mirdif was the busiest community with 76 registered sales, and also took the most money at AED 162.01M.

Against the previous quarter, Mirdif fell 25% to 76.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q3 2002, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif76-24.8%AED 162.01MAED 755KAED 70/sqft0%
Al Mizhar Second18+12.5%AED 13.91MAED 770KAED 38/sqft0%
Hor Al Anz18+5.9%AED 20.62MAED 500KAED 240/sqft0%
Al Mizhar First14+250.0%AED 9.37MAED 638KAED 45/sqft0%
Al Barsha Second13-38.1%AED 14.56MAED 900KAED 60/sqft0%
Al Warqa Third12-14.3%AED 5.52MAED 465KAED 40/sqft0%
Abu Hail11-31.3%AED 6.79MAED 440KAED 176/sqft0%
Al Rashidiya11-15.4%AED 4.50MAED 400KAED 83/sqft0%
Al Barsha Third10-66.7%AED 9.33MAED 863KAED 60/sqft0%
Al Mararr9-10.0%AED 13.05MAED 1.35MAED 573/sqft0%
Al Satwa8-52.9%AED 10.32MAED 633KAED 221/sqft0%
Al Raffa7-30.0%AED 71.74MAED 8.40MAED 577/sqft0%
Jumeirah Third7+40.0%AED 9.07MAED 1.30MAED 139/sqft0%
Um Al Sheif7-46.2%AED 12.38MAED 1.50MAED 100/sqft0%
Um Suqaim Third7+16.7%AED 19.69MAED 1.73MAED 110/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 162.01M76
Al RaffaAED 71.74M7
Trade Center FirstAED 50.00M1
Al KhabeesiAED 41.95M6
Port SaeedAED 34.01M2
Al Barsha FirstAED 22.31M4
MankhoolAED 21.12M4
Hor Al AnzAED 20.62M18
Um Suqaim FirstAED 20.53M5
Um Suqaim ThirdAED 19.69M7

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Mirdif76-24.8%

The largest sales of Q3 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
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
30 Jul 2002Al Khabeesi—BuildingExisting PropertiesNot specified41,625 sqftAED 400/sqftAED 16,650,000
17 Sept 2002Port Saeed—BuildingExisting PropertiesNot specified18,034 sqftAED 860/sqftAED 15,509,240
1 Jul 2002Um Suqaim First—VillaExisting PropertiesNot specified48,129 sqftAED 322/sqftAED 15,500,000
19 Aug 2002Al Khabeesi—BuildingExisting PropertiesNot specified16,672 sqftAED 750/sqftAED 12,500,000
30 Sept 2002Al Raffa—BuildingExisting PropertiesNot specified11,434 sqftAED 1,006/sqftAED 11,500,000
1 Jul 2002Mankhool—LandExisting PropertiesNot specified19,797 sqftAED 560/sqftAED 11,086,320

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.