Market reports / April 2011

Dubai property market - April 2011

2,302
Registered sales
AED 3.9 مليار
Total value
AED 1.4 مليون
Median price
AED 925
Median per ft²
2,190
Rent contracts
AED 62.5 ألف
Median annual rent

Dubai recorded 2,302 residential sales in April 2011, worth AED 3.9 مليار in total - -17.5% versus the previous month and -18.6% versus a year earlier.

The median sale price was AED 1.4 مليون, at a median of AED 925 per ft² (+7.8% month-on-month, +10.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 2,190 contracts were registered in April 2011, with a median annual rent of AED 62.5 ألف.

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