Market reports / January 2007

Dubai property market - January 2007

226
Registered sales
AED 582.6 مليون
Total value
AED 2.3 مليون
Median price
AED 260
Median per ft²
2
Rent contracts
AED 79.8 ألف
Median annual rent

Dubai recorded 226 residential sales in January 2007, worth AED 582.6 مليون in total - -7.0% versus the previous month and +159.8% versus a year earlier.

The median sale price was AED 2.3 مليون, at a median of AED 260 per ft² (-13.3% month-on-month, -5.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 2 contracts were registered in January 2007, with a median annual rent of AED 79.8 ألف.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.