Market reports / December 2007
Dubai property market - December 2007
- 756
- Registered sales
- AED 1.5 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 420
- Median per ft²
- 1
- Rent contracts
- AED 9.8 ألف
- Median annual rent
Dubai recorded 756 residential sales in December 2007, worth AED 1.5 مليار in total - -25.4% versus the previous month and +211.1% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 420 per ft² (-8.4% month-on-month, +40.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in December 2007, with a median annual rent of AED 9.8 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.