Market reports / October 2014

Dubai property market - October 2014

4,069
Registered sales
AED 8.3 مليار
Total value
AED 1.9 مليون
Median price
AED 1,193
Median per ft²
23,294
Rent contracts
AED 88.3 ألف
Median annual rent

Dubai recorded 4,069 residential sales in October 2014, worth AED 8.3 مليار in total - +11.9% versus the previous month and -46.6% versus a year earlier.

The median sale price was AED 1.9 مليون, at a median of AED 1,193 per ft² (+4.0% month-on-month, +5.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23,294 contracts were registered in October 2014, with a median annual rent of AED 88.3 ألف.

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