Market reports / November 2012
Dubai property market - November 2012
- 3,102
- Registered sales
- AED 5.5 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,074
- Median per ft²
- 10,614
- Rent contracts
- AED 103.5 ألف
- Median annual rent
Dubai recorded 3,102 residential sales in November 2012, worth AED 5.5 مليار in total - -18.7% versus the previous month and +81.5% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,074 per ft² (+19.0% month-on-month, +27.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 10,614 contracts were registered in November 2012, with a median annual rent of AED 103.5 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.