Market reports / February 2013

Dubai property market - February 2013

3,858
Registered sales
AED 6.7 مليار
Total value
AED 1.4 مليون
Median price
AED 998
Median per ft²
12,928
Rent contracts
AED 73.1 ألف
Median annual rent

Dubai recorded 3,858 residential sales in February 2013, worth AED 6.7 مليار in total - -4.9% versus the previous month and +44.1% versus a year earlier.

The median sale price was AED 1.4 مليون, at a median of AED 998 per ft² (+5.0% month-on-month, +21.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 12,928 contracts were registered in February 2013, with a median annual rent of AED 73.1 ألف.

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