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Monthly report

Dubai property market — August 2003

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside August 2003. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales96Registered in August 2003up20% vs a year earlier
Total valueAED 170.50MRegistered in August 2003Across 38 communities
Price per sqftAED 126/sqftMedian across August 2003up26% vs a year earlier
Sale priceAED 810KMedian across August 20030% sold off-plan

In a sentence

The Land Department registered 96 property sales in August 2003, worth AED 170.50M in total, across 38 communities. That is 20% more than the same month a year earlier.

The median sale was AED 810,000 at AED 126/sqft, 26% above the same month last year. 0% of sales were off-plan.

Mirdif was the busiest community with 20 registered sales, and also took the most money at AED 24.06M.

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 August 2003, and how each moved against the month before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Mirdif20-4.8%AED 24.06MAED 810KAED 80/sqft0%
Al Satwa9-10.0%AED 9.53MAED 650KAED 220/sqft0%
Al Bada4+300.0%AED 2.56MAED 775KAED 119/sqft0%
Al Barsha Second4-60.0%AED 3.08MAED 750KAED 50/sqft0%
Al Barsha Third4-63.6%AED 3.71MAED 934KAED 61/sqft0%
Nad Al Hamar4-42.9%AED 2.43MAED 665KAED 47/sqft0%
Al Rashidiya3-57.1%AED 1.13MAED 340KAED 94/sqft0%
Hor Al Anz3-72.7%AED 1.11MAED 470KAED 216/sqft0%
Um Al Sheif3+50.0%AED 4.28MAED 1.43MAED 95/sqft0%
Um Suqaim Second3-25.0%AED 11.15MAED 1.50MAED 210/sqft0%
Um Suqaim Third3—AED 6.30MAED 1.75MAED 117/sqft0%
Abu Hail2-66.7%AED 1.16MAED 580KAED 237/sqft0%
Al Baraha2-50.0%AED 1.96MAED 980KAED 377/sqft0%
Al Mararr2-75.0%AED 4.80MAED 2.40MAED 1,109/sqft0%
Al Mizhar First2-33.3%AED 1.15MAED 573KAED 69/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 24.06M20
Al KaramaAED 19.24M1
Um Suqaim SecondAED 11.15M3
Al SatwaAED 9.53M9
Al Nahda SecondAED 9.37M2
Al Barsha FirstAED 8.91M1
Al HudaibaAED 8.77M1
Al MuteenaAED 7.77M1
Um Suqaim ThirdAED 6.30M3
Al RaffaAED 5.09M2

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 August 2003

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
4 Aug 2003Al Karama—BuildingExisting PropertiesNot specified29,600 sqftAED 650/sqftAED 19,240,000
4 Aug 2003Al Barsha First—BuildingExisting PropertiesNot specified24,750 sqftAED 360/sqftAED 8,910,000
4 Aug 2003Al Hudaiba—VillaExisting PropertiesNot specified54,842 sqftAED 160/sqftAED 8,774,720
25 Aug 2003Um Suqaim Second—VillaExisting PropertiesNot specified40,435 sqftAED 210/sqftAED 8,500,000
18 Aug 2003Al Muteena—BuildingExisting PropertiesNot specified14,119 sqftAED 550/sqftAED 7,765,450
18 Aug 2003Al Nahda Second—BuildingExisting PropertiesNot specified17,835 sqftAED 290/sqftAED 5,172,150
25 Aug 2003Mirdif—VillaExisting PropertiesNot specified14,414 sqftAED 347/sqftAED 5,000,000
25 Aug 2003Muhaisanah Second—BuildingExisting PropertiesNot specified40,000 sqftAED 125/sqftAED 5,000,000
19 Aug 2003Naif—BuildingExisting PropertiesNot specified4,610 sqftAED 1,085/sqftAED 5,000,000
4 Aug 2003Al Raffa—BuildingExisting PropertiesNot specified11,093 sqftAED 450/sqftAED 4,991,850

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.