Market reports / October 2012
Dubai property market - October 2012
- 3,816
- Registered sales
- AED 5.7 مليار
- Total value
- AED 1.3 مليون
- Median price
- AED 903
- Median per ft²
- 11,271
- Rent contracts
- AED 68.6 ألف
- Median annual rent
Dubai recorded 3,816 residential sales in October 2012, worth AED 5.7 مليار in total - +47.8% versus the previous month and +60.2% versus a year earlier.
The median sale price was AED 1.3 مليون, at a median of AED 903 per ft² (+4.7% month-on-month, +16.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 11,271 contracts were registered in October 2012, with a median annual rent of AED 68.6 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.