Market reports / March 2013

Dubai property market - March 2013

4,185
Registered sales
AED 6.9 مليار
Total value
AED 1.4 مليون
Median price
AED 978
Median per ft²
14,513
Rent contracts
AED 65.6 ألف
Median annual rent

Dubai recorded 4,185 residential sales in March 2013, worth AED 6.9 مليار in total - +8.5% versus the previous month and +77.4% versus a year earlier.

The median sale price was AED 1.4 مليون, at a median of AED 978 per ft² (-2.0% month-on-month, +11.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 14,513 contracts were registered in March 2013, with a median annual rent of AED 65.6 ألف.

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