Market reports / October 2015

Dubai property market - October 2015

2,547
Registered sales
AED 4.5 مليار
Total value
AED 1.5 مليون
Median price
AED 1,121
Median per ft²
23,568
Rent contracts
AED 127.3 ألف
Median annual rent

Dubai recorded 2,547 residential sales in October 2015, worth AED 4.5 مليار in total - -22.3% versus the previous month and -37.4% versus a year earlier.

The median sale price was AED 1.5 مليون, at a median of AED 1,121 per ft² (+2.6% month-on-month, -6.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23,568 contracts were registered in October 2015, with a median annual rent of AED 127.3 ألف.

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