Market reports / January 2014
Dubai property market - January 2014
- 4,926
- Registered sales
- AED 8.3 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,063
- Median per ft²
- 35,598
- Rent contracts
- AED 90.8 ألف
- Median annual rent
Dubai recorded 4,926 residential sales in January 2014, worth AED 8.3 مليار in total - -34.7% versus the previous month and +21.4% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,063 per ft² (-6.2% month-on-month, +11.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 35,598 contracts were registered in January 2014, with a median annual rent of AED 90.8 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.