Market reports / July 2014
Dubai property market - July 2014
- 2,882
- Registered sales
- AED 4.9 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,188
- Median per ft²
- 25,320
- Rent contracts
- AED 80.3 ألف
- Median annual rent
Dubai recorded 2,882 residential sales in July 2014, worth AED 4.9 مليار in total - -41.9% versus the previous month and -45.3% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,188 per ft² (-6.0% month-on-month, +8.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25,320 contracts were registered in July 2014, with a median annual rent of AED 80.3 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.