Regular dispel magic does not have the area effect option so no. Greater dispel says its area option functions like a targeted dispel on each which allows you to name the spell you intend to dispel. If you fail you do not get to check and see if you dispel any other affects on the targets as the trade off.
From the spell:
You can also use a targeted dispel to specifically end one spell affecting the target or one spell affecting an area (such as a wall of fire). You must name the specific spell effect to be targeted in this way. If your caster level check is equal to or higher than the DC of that spell, it ends. No other spells or effects on the target are dispelled if your check is not high enough to end the targeted effect.
